News
2023, February, 17, 10:45:00
U.S. FUSION DEVELOPMENT
The NSTX-U is the flagship fusion facility at the US Department of Energy's PPPL.
2023, February, 17, 10:40:00
AUSTRALIAN WIND PROJECT 10 GW
The wind project is currently under development near the Port of Newcastle and will be situated in proximity of energy transmission infrastructure.
2023, February, 17, 10:35:00
U.S. OIL INVENTORIES UP BY 16.3 MB TO 471.4 MB
U.S. commercial crude oil inventories increased by 16.3 million barrels to 471.4 million barrels.
2023, February, 15, 14:00:00
OIL PRICE: BRENT BELOW $85, WTI ABOVE $78
Brent slid $1.13, or 1.3%, to $84.45 a barrel, WTI dropped $1.31, or 1.7% to $77.75.
2023, February, 15, 13:55:00
GLOBAL OIL DEMAND WILL GROW
Nonetheless, the IEA said global oil markets will likely remain in surplus in the first half of the year amid surprisingly robust output from Russia.
2023, February, 15, 13:50:00
GLOBAL OIL GAS CHANGES
We can replace all crude oil with cellulosic biomass (corn stover, forest debris, etc.) liquid drop-in hydrocarbons if the conversion process uses massive external sources of heat and hydrogen.
2023, February, 15, 13:45:00
GLOBAL NUCLEAR POWER RISE
Many countries including China and India have developed aggressive nuclear development plans, as have Poland, the Czech Republic, the UK, the Netherlands, and even Ukraine to a lesser extent.
2023, February, 15, 13:40:00
GLOBAL ENERGY METAVERSE
Metaverse technology platforms are predicted to become a lucrative market – possibly up to $800 billion by 2024, according to a December 2021 Bloomberg report; this is a potentially large market.
2023, February, 15, 13:35:00
U.S. RENEWABLES GROWTH
Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided nearly three-quarters (74.1%) of new utility-scale generating capacity in the U.S. last year.
2023, February, 13, 13:50:00
OIL PRICE: BRENT BELOW $86, WTI BELOW $79
Brent fell 86 cents, or 1%, to $85.53 a barrel, WTI was at $78.83 a barrel, down 89 cents, or 1.1%.
2023, February, 13, 13:45:00
РОССИЯ СНИЗИТ ДОБЫЧУ НЕФТИ
Россия в марте добровольно сократит добычу на 500 тыс. баррелей в сутки. Это будет способствовать восстановлению рыночных отношений.
2023, February, 13, 13:40:00
EUROPEAN GAS PRICES DOWN AGAIN
Benchmark futures are now trading just above €50, near the lowest levels since September 2021.
2023, February, 13, 13:35:00
QATARI LNG FOR CHINA
CNPC's talks follow a deal announced last November by China's Sinopec, in which QatarEnergy agreed to supply 4 million tonnes of LNG annually for 27 years, the longest duration LNG supply contract ever signed by Qatar.
2023, February, 13, 13:30:00
RUSSIAN FUEL OIL FOR CHINA RISE
China has imported about 2.3 million mt HSFO over December-January, about 235% higher compared to 687,000 mt during November-December, according to Kpler shipping data.
2023, February, 13, 13:25:00
JAPAN'S NUCLEAR DEVELOPMENT
Under the new policy, Japan will also develop and construct "next-generation innovative reactors" to replace about 20 reactors that are set to be decommissioned.
