News
2020, September, 16, 11:45:00
DECARBONIZATION FOR CLIMATE
achieving the goal of net emissions neutrality by 2050, and the long-term temperature objectives of Paris, will likely require both aggressive efforts to reduce greenhouse gas emissions, as well as large-scale deployment of so-called carbon dioxide removal (CDR)
2020, September, 16, 11:40:00
ENERGY TRANSITION FOR CLIMATE
as the energy transition continues in its switch from fossil fuels to renewables, the entire energy system gets increasingly disrupted.
2020, September, 16, 11:35:00
INNOVATION FOR ENERGY TRANSITION
This energy system needs to move from today’s reliance of fossil fuels and antiquated infrastructure into one based on clean, sustainable, and renewable energy sources, delivered through a highly distributed infrastructure, designed for the final consumer of the energy.
2020, September, 16, 11:25:00
U.S. INDUSTRIAL PRODUCTION UP
U.S. industrial production rose 0.4 percent in August for its fourth consecutive monthly increase.
2020, September, 15, 16:35:00
OIL PRICE: BELOW $40
Brent was up 44 cents, or 1.1%, at $40.05 a barrel, WTI were up 52 cents, or 1.4%, at $37.78 a barrel.
2020, September, 15, 16:30:00
U.S. PRODUCTION: OIL (-68) TBD, GAS (-428) MCFD
Crude oil production from the major US onshore regions is forecast to decrease 68,000 b/d month-over-month in September from 7,708 to 7,640 thousand barrels/day, gas production to decrease 428 million cubic feet/day from 81,026 to 80,598 million cubic feet/day .
2020, September, 15, 16:25:00
U.S. FOSSIL FUELS 80%
In 2019, 80% of U.S. domestic energy production was from fossil fuels, and 80% of domestic energy consumption originated from fossil fuels.
2020, September, 15, 16:20:00
CHINA'S OIL THROUGHPUT 14.06 MBD
China's crude oil throughput hit an all-time high of 14.14 million b/d in June before edging down 0.4% to 14.08 million b/d in July.
2020, September, 15, 16:15:00
U.S. FOR COVID: $1.5 TLN
With less than two months to go before the November election, there is growing anxiety among lawmakers about the inability of Congress and President Donald Trump’s White House to agree on a package to deliver relief to millions of Americans and an economy reeling from the coronavirus pandemic.
2020, September, 15, 16:10:00
U.S., RUSSIA NUCLEAR STOP
Reduce U.S. imports of uranium from Russia. Under the current Agreement, Russian uranium exports are limited to approximately 20% of U.S. enrichment demand.
2020, September, 15, 16:05:00
FRANCE'S CLIMATE PLAN €40 BLN
Bpifrance and Banque des Territoires intends to develop 8.8 GW of renewable power capacity in France and abroad, thanks to a €14.5bn credit facility for renewable energy developers
2020, September, 15, 16:00:00
ADNOC SHARES $1 BLN
ADNOC launched this placement due to significant investor demand for ADNOC Distribution stock and has delivered the largest block placement of a publicly listed GCC company to date.
2020, September, 15, 12:45:00
SHELL CUTS THE COSTS
Shell’s new cost-cutting review, known internally as Project Reshape and expected to be completed this year, will affect its three main divisions and any savings will come on top of a $4 billion target set in the wake of the COVID-19 crisis.
2020, September, 14, 10:30:00
OIL PRICE: NEAR $40
Brent gained 9 cents, or 0.2%, to $39.92 a barrel, WTI were up 18 cents, or 0.5%, at $37.51 a barrel
2020, September, 14, 10:25:00
NUCLEAR INVESTMENT: ROSATOM PRIORITIES
Driving investment towards nuclear projects has become "the top priority" for the industry,