News
2021, May, 5, 16:10:00
SAUDI ARAMCO NET INCOME $21.7 BLN
Net income for the first quarter of 2021 increased to SAR 81,440 ($21,717), from SAR 62,478 ($16,661) for the same period in 2020, primarily driven by higher crude oil prices, improved downstream margins and the consolidation of SABIC’s results, partly offset by lower crude oil volumes sold.
2021, May, 5, 16:05:00
GAZPROM PROFIT RUB 135 BLN
For the year ended December 31, 2020 profit attributable to the owners of PJSC Gazprom amounted to RUB 135,341 million.
2021, May, 4, 12:40:46
OIL PRICE: ABOVE $68
Brent were 65 cents, or 0.96%, higher at $68.21 a barrel. WTI ticked up 62 cents, or 0.1%, to $65.11 a barrel.
2021, May, 4, 12:35:00
RUSSIA'S OIL PRODUCTION UP TO 10.46 MBD
Daily average production was up 2% from 10.26 million b/d in March. Total output in March was 43.4 million mt. Increases in month-on-month output volumes in early 2021 reflect gradual increases in Russia's crude production quota agreed under the OPEC + deal from the beginning of the year.
2021, May, 4, 12:30:00
NUCLEAR POWER: INCREDIBLY IMPORTANT
"The fact that nuclear energy is a very low emissions technology is going to ensure that we have clean air, clean water and that we have plenty of open space to actually enjoy and have healthy communities."
2021, May, 4, 12:25:00
NUCLEAR FOR ENVIRONMENT
The word 'clean' applies to nuclear energy in a 'holistic' way. For example, the absence of air pollution and what that means for the health of people, settlements and ecosystems. Another important benefit of nuclear energy, in contrast to some other clean energy technologies, concerns land use.
2021, May, 4, 12:20:00
ROSATOM, EDF HYDROGEN COOPERATION
Russia’s Rosatom and France’e EDF on 26 April signed a strategic cooperation agreement to develop green hydrogen in Russia and Europe.
2021, May, 4, 12:10:00
NUCLEAR POWER FOR AMERICA
Nuclear power in America has been a stalwart baseload resource for more than fifty years.
2021, May, 4, 12:05:00
INDIA'S ENERGY DEMAND UPDOWN
India's power demand was heavily impacted during the Q1FY21 lockdown (bringing all economic activity to a standstill), falling 15.5% Y-o-Y during Q1FY21 and 7.8% Y-o-Y during 1HFY21.
2021, May, 4, 12:00:00
IRAQ NEED INVESTMENT $15 BLN
Basrah Gas Co., which counts Shell, Mitsubishi Corp. and Iraq's state-owned South Gas Co. as shareholders, will boost its production to 1.4 Bcf/d from the current 1 Bcf/d by 2025 at a cost of $3 billion,
2021, May, 4, 11:55:00
U.S. POWER GRID INVESTMENT $8.25 BLN
In support of the Biden Administration’s commitment to modernize the nation’s power grid and infrastructure and deliver 100% clean energy to businesses and homeowners by 2035, the U.S. Department of Energy (DOE) today announced the availability of up to $8.25 billion in loans
2021, May, 4, 11:50:00
U.S. OIL INVENTORIES UP 0.1 MB TO 493.1 MB
U.S. commercial crude oil inventories increased by 0.1 million barrels from the previous week to 493.1 million barrels,
2021, May, 4, 11:45:00
U.S. RIGS UP 2 TO 440
U.S. Rig Count is up 2 from last week to 440, Canada Rig Count is down 4 from last week to 51
2021, April, 24, 09:25:00
U.S. RIGS DOWN 1 TO 438
U.S. Rig Count is down 1 from last week at 438, Canada Rig Count is down 1 from last week to 55
2021, April, 23, 11:40:00
OIL PRICE: NEAR $66
Brent rose 42 cents, or 0.6%, to $65.82 a barrel. WTI jumped 51 cents, or 0.8%, to $61.94 a barrel.