News
2020, September, 28, 11:40:00
CHINA'S CARBON NEUTRALITY 2060
Official greenhouse gas measurements place China as the world’s largest emitter, at almost 12,500 million tonnes a year,
2020, September, 28, 11:35:00
VIRTUAL POWER PLANTS FOR CONSUMERS
Now, electric grids are increasingly decentralizing, giving rise to cloud-based systems that pool resources to meet fluctuating consumer demand.
2020, September, 28, 11:30:00
U.S. RIGS UP 6 TO 261
U.S. Rig Count is up 6 from last week to 261, Canada Rig Count is up 7 from last week to 71
2020, September, 25, 13:20:00
OIL PRICE: NEAR $42
Brent was up 30 cents at $42.24 a barrel, WTI rose 23 cents to $40.54 a barrel.
2020, September, 25, 13:15:00
U.S. GAS CONSUMPTION DOWN
Natural gas consumption in the U.S. industrial sector declined from 25.4 billion cubic feet per day (Bcf/d) in January 2020 to 20.1 Bcf/d in June 2020,
2020, September, 25, 13:10:00
CHINA LNG IMPORTS UP
China LNG imports are set to hit a record 65-67 million tonnes this year
2020, September, 25, 13:00:00
OPEC+ IRAQ REDUCING
OPEC’s second-biggest producer, Iraq has failed in the past to fully comply with OPEC+ oil output reductions,
2020, September, 25, 12:55:00
RUSSIA'S OIL EXPORTS DOWN, LNG UP
Russia’s crude oil export in January-July 2020 was down 4.2% year-on-year to 143.2 mn tons. In terms of value, crude oil export decreased by 36.6% year-on-year making $43.9 bn.
2020, September, 25, 12:50:00
TURKEY'S GAS IS CHEAPER
The cost of producing gas in the newly discovered Black Sea gas field will be more affordable than current gas imports, Turkey's Energy and Natural Resources Minister Fatih Donmez said Wednesday.
2020, September, 25, 12:45:00
GLOBAL RENEWABLE PERSPECTIVES & RISKS
Key risks for the renewables sector are reductions in direct subsidies and tax credits as observed in China, Europe, and the US, permitting barriers and a cloudier outlook for long-term electricity prices.
2020, September, 25, 12:40:00
GLOBAL ENERGY TRANSITION FOR CLIMATE
Several oil majors are charting a faster shift to cleaner energy.
2020, September, 25, 12:35:00
EUROPE'S CLIMATE TARGETS
These goals are appropriately ambitious, while also realistic and achievable. Climate change mitigation is not a luxury but a necessity if we want to avoid a climate crisis.
2020, September, 25, 12:30:00
THE NEW MICRO NUCLEAR
“Radiant is developing the first power generation system that can go anywhere,” company co-founder Doug Bernauer told
2020, September, 24, 12:35:00
OIL PRICE: BELOW $42 YET
Brent dropped 34 cents, or 0.8%, to $41.43 a barrel, WTI fell 37 cents, or 0.9%, to $39.56 a barrel.
2020, September, 24, 12:30:00
RUSSIA'S NUCLEAR FOR CLIMATE CHANGE
Russia has 36 nuclear power units in operation and three new ones under construction. In March, Russia's Ministry for Economic Development published a draft strategy for low-carbon development to 2050. The strategy's basic scenario would see nuclear output grow from 203 TWh in 2017 to 225 TWh in 2030 and 260 TWh in 2050. State nuclear corporation Rosatom's foreign orders include 36 units, which are at various stages of implementation.