News
2021, November, 22, 12:25:00
EUROPEAN COAL BAN
The revised EEAG, also called Climate, Environmental Protection and Energy Aid Guidelines (CEEAG), foreseen to apply from 2022, is likely to ban state support for projects involving fossil fuels, in particular oil, coal and lignite.
2021, November, 22, 12:20:00
CHINA'S COAL PRODUCTION STABILIZED
Coal stocks at ports and power plants have been picking up quickly, with stocks in power plants hitting 129 million tonnes as of Nov. 14 and expected to hit 140 million tonnes by the end of November,
2021, November, 22, 12:15:00
INDONESIA'S CARBON TAX
Indonesia could target emissions on the use of fossil fuels such as coal, diesel and gasoline by factories and vehicles.
2021, November, 22, 12:10:00
U.S. SMR FOR UKRAINE
In February 2020, NuScale Power and Ukraine's State Scientific and Technical Centre for Nuclear and Radiation Safety (SSTC NRS) announced the signing of a Memorandum of Understanding (MoU) to start work on the evaluation of national regulatory and design processes related to the implementation of NuScale SMR technology in Ukraine.
2021, November, 22, 12:05:00
GLOBAL CLIMATE: +2 C INEVITABILITY
History suggests political performance never exceeds the pledge. 2°C is therefore inevitable.
2021, November, 22, 12:00:00
THE TEXAS ENERGY FREEZE
This week, FERC and NERC published their Final Report on the the February 2021 cold weather event in Texas and the South Central United States.
2021, November, 22, 11:55:00
THE TEXAS CLIMATE READINESS
Texas’s freewheeling electricity sector has flaws that were exposed during the deep freeze.
2021, November, 22, 11:50:00
ARAMCO, RELIANCE COOPERATION
Due to evolving nature of Reliance's business portfolio, Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context.
2021, November, 22, 11:45:00
U.S. RIGS UP 7 TO 563
U.S. Rig Count is up 7 from last week to 563, Canada Rig Count is down 1 from last week to 167.
2021, November, 19, 11:50:00
OIL PRICE: NEAR $82 AGAIN
Brent was up 77 cents, or 0.9%, at $82.01 a barrel, WTI was up 79 cents, or 1%, at $79.80 a barrel.
2021, November, 19, 11:45:00
CHINA CLEAN COAL SUPPORT $31 BLN
Coal, a major contributor to carbon emissions, accounted for 56.8% of China's primary energy consumption in 2020, down from around 68% a decade earlier.
2021, November, 19, 11:40:00
INDIA'S COAL DEMAND UP
India has pledged to increase the share of renewables in its energy mix from about 38% last year to 50% by 2030.
2021, November, 19, 11:35:00
RUSSIA'S NUCLEAR LOANS FOR TURKEY $0.8 BLN
The bank opened two credit lines (in the amount of $500 million and $300 million) for a period of seven years, Sberbank said on 17 November. The funds will be used for the construction of the plant’s four VVER-1200 reactors.
2021, November, 19, 11:30:00
RENEWABLES FOR INDIA 5.5 GW
The renewable capacity additions planned by India's largest coal miner Coal India Ltd. and its subsidiaries, along with other state-run coal miners Singareni Coal Company Ltd. and NLC India Ltd., will see an investment of over Indian Rupees 150 billion ($2.02 billion) by 2030
2021, November, 19, 11:25:00
RUSSIAN DIESEL FOR U.S. UP
Four tankers with 2 million barrels of Russian diesel aboard, the most in data going back to 2018, are set to arrive next week, as natural gas-rich Russia cranks up diesel-producing units that are dependent on a feedstock extracted from costly natural gas,