News
2021, September, 17, 11:35:00
U.S. OIL INVENTORIES DOWN BY 6.4 MB TO 417.4 MB
U.S. commercial crude oil inventories decreased by 6.4 million barrels from the previous week to 417.4 million barrels.
2021, September, 16, 14:00:00
OIL PRICE: ABOVE $75
Brent was up 11 cents, or 0.2%, to $75.57 a barrel, WTI was up 11 cents, or 0.2%, to $75.57 a barrel.
2021, September, 16, 13:55:00
IRAN NUCLEAR DEAL PROGRESS
The IAEA Board of Governors is meeting at the Agency's headquarters in Vienna, Austria. Director General Rafael Mariano Grossi addressed the Board on important issues, including Iran.
2021, September, 16, 13:50:00
EUROPEAN CLIMATE ADAPTATION
Adaptation measures include flood prevention measures and renovating buildings to make them more resilient to extreme temperature. The changes required vary across the continent, but recent events have shown that climate change poses a threat to Europe’s cities.
2021, September, 16, 13:45:00
GAS IS A KEY
Despite adaptations of new fuels and technologies to help achieve the net-zero goal, natural gas will continue to play a vital function for the foreseeable future.
2021, September, 16, 13:40:00
WORLD OFFSHORE WIND 6.1 GW
The global offshore wind industry installed 6.1GW of capacity in 2020, down slightly from a record 6.24GW in 2019, although GWEC expects a new record year in 2021, as China’s offshore wind sector rushes to install 7.5GW ahead of the expiry of current feed in tariffs (FITs).
2021, September, 16, 13:35:00
RUSSIA'S NUCLEAR FOR EGYPT
The training programme for the El-Dabaa personnel will begin with by a Russian language course, which students will study for six months.
2021, September, 16, 13:30:00
CANADA'S DOUBLE NUCLEAR SMR
The IMSR400 is a molten salt reactor with integrated components that can to supply heat directly to industrial facilities or use it to generate up to 195 MW of electrical power.
2021, September, 14, 12:45:00
OIL PRICE: NEAR $74
Brent was up 50 cents, or 0.7%, at $74.01 a barrel, WTI climbed 43 cents, or 0.6%, to $70.88 a barrel.
2021, September, 14, 12:40:00
WORLD OIL DEMAND GROWTH 6 MBD
World oil demand growth in 2021 remains unchanged from last month’s assessment, showing growth of 6.0 mb/d despite some offsetting revisions.
2021, September, 14, 12:35:00
TURKEY'S GAS UP
Within one year, Turkey has completed five deep-sea drillings in the Black Sea at the Sakarya field, where it has discovered more than half a trillion cubic meters of natural gas since August last year.
2021, September, 14, 12:30:00
IRAN'S REFINING CAPACITY UP
Oil products consumption reached 70 Mt in 2020, and Iran exported 18 Mt of petroleum products.
2021, September, 14, 12:25:00
CZECH NUCLEAR WITHOUT COAL
Coal still powers 60% of Czech district heat. IEA said the country should develop clean options like large heat pumps and consider whether small nuclear reactors can take some of the role after 2030.
2021, September, 14, 12:20:00
NORWAY'S WIND ENERGY 1.5 GW
The upcoming allocation round is expected to consist of up to 4.5 GW across the two areas (Utsira Nord and Sørlige Nordsjø II), with the technical potential being much higher.
2021, September, 14, 12:10:00
VIETNAM'S RENEWABLE UP
According to the National Steering Committee for Electricity Development, Vietnam’s wind capacity will reach 6 GW in 2025 and 10 GW in 2030 and solar capacity will grow to 14.4 GW in 2025 and 20 GW in 2030.