News
2022, November, 1, 17:10:00
GLOBAL ENERGY DEMAND WILL UP BY 23%
Global primary energy demand is forecast to continue growing in the medium- and long-term, increasing by a significant 23% in the period to 2045. The world needs to annually add on average 2.7 million barrels of oil equivalent a day to 2045.
2022, November, 1, 17:05:00
EUROPEAN GAS PRICES FALL
Europe’s gas storage sites are nearly 95% full, providing a buffer for when the weather turns colder. Reserves in the biggest gas consumer, Germany, have risen to 99%, according to Gas Infrastructure Europe.
2022, November, 1, 17:00:00
ЦЕНА URALS: $79.57
Средняя цена на нефть марки Urals в январе-октябре 2022 года сложилась в размере $79,57 за баррель, в январе-октябре 2021 года – $67,51 за баррель.
2022, November, 1, 16:55:00
U.S., POLAND NUCLEAR RELATIONSHIP $40 BLN
In July last year, Westinghouse announced the launch of front-end engineering and design work - based on AP1000 technology - under a grant from the US Trade and Development Agency to progress the nuclear energy programme in Poland.
2022, November, 1, 16:50:00
S.KOREAN NUCLEAR FOR POLAND
Poland's Minister of State Assets and Deputy Prime Minister Jacek Sasin and South Korea's Minister of Trade, Industry and Energy Lee Chang-yang also signed a memorandum of understanding "to support the nuclear energy project in Patnow and tighten cooperation in the scope of necessary information exchange".
2022, November, 1, 16:45:00
U.S., CANADA'S NUCLEAR FOR ROMANIA
Romania has ongoing programmes to upgrade its existing Candu reactors at Cernavoda NPP, as well as to construct two new units and to develop small modular reactors (SMRs).
2022, November, 1, 16:40:00
RENEWABLES FOR GERMANY 1.8 GW
In the third tender Germany seeks innovation proposals with a combined capacity of 397.2 MW and a price cap of about €7c/kWh.
2022, November, 1, 16:35:00
SAUDI ARAMCO NET INCOME UP TO $42.4 BLN
Aramco announces third quarter 2022 results Q3 net income rises 39% YoY to $42.4 billion; free cash flow increases to a record $45.0 billion
2022, November, 1, 16:30:00
U.S. CLEAN ENERGY INVESTMENT $39 MLN
The selected projects, led by universities, national laboratories, and the private sector aim to develop commercially scalable technologies that will enable greater domestic supplies of copper, nickel, lithium, cobalt, rare earth elements, and other critical elements.
2022, October, 31, 12:15:00
OIL PRICE: BRENT BELOW $96, WTI BELOW $88
Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.
2022, October, 31, 12:10:00
RUSSIAN OIL UNCERTAINTY
The G7 and EU are finalizing details of a price cap that is intended to be implemented with the EU ban on seaborne Russian crude imports on Dec. 5 and Russian oil products on Feb. 5, 2023.
2022, October, 31, 12:05:00
EUROPEAN GAS PRICES UPDOWN ANEW
The recent fall in European gas prices may not last, according to Italian energy major Eni SpA. “It’s a temporary situation,” Chief Executive Officer Claudio Descalzi said in Abu Dhabi. “We have problems in 2023 because in 2023 we don’t have Russian gas.”
2022, October, 31, 12:00:00
EUROPEAN WINTER GAS RISKS
The push to fill storage facilities before the start of winter has been successful -- with many close to capacity. But some suppliers may now want to hold back those reserves until they can sell their stored gas at more attractive rates.
2022, October, 31, 11:55:00
U.S. REVOLUTIONARY ENERGY DEMAND
Just eliminating fossil fuel alone is a tall order -- 22 percent of the current generating mix is coal and 38 percent is natural gas. Half of the generation will, in theory, go offline while demand for electricity soars.
2022, October, 31, 11:50:00
U.S., INDIA CLEAN ENERGY INITIATIVE
The US and India have continually increased their trade in other sectors, so this has made partnering on energy very easy. Additionally, both countries are facing difficulties with keeping energy prices low, so they have had to look for new initiatives.