News
2023, February, 20, 11:50:00
U.S. GREEN HYDROGEN MARKET DEVELOPMENT
Current hydrogen production technologies release significant carbon emissions, and up until now, cost has limited expansion to green hydrogen technologies.
2023, February, 17, 11:15:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $77
Brent dropped 96 cents, or 1.13%, to $84.18 per barrel, WTI shed 97 cents, a 1.24% loss, to $77.52.
2023, February, 17, 11:10:00
OPEC+ OIL DEAL CONTINUING
In October, OPEC and its partners took the unusual step of assigning fixed production targets for a full year ahead. Key officials have indicated they intend to leave the quotas unchanged throughout 2023, and the comments from Prince Abdulaziz bin Salman are the most emphatic to date.
2023, February, 17, 11:05:00
EUROPEAN GAS PRICES WILL BE HIGH
Gas markets are in “better shape than many expected one year ago,” IEA Executive Director Fatih Birol said. “But the reality is that winter 2023-2024 is likely to be the real test.”
2023, February, 17, 11:00:00
ЦЕНА URALS: $50.51
Средняя цена на нефть Urals за период мониторинга с 15 января по 14 февраля 2023 года составила $50,51 за баррель, или $368,7 за тонну.
2023, February, 17, 10:55:00
CANADA'S NUCLEAR SMR FOR POLAND
Canadian and Polish nuclear regulators have extended their cooperation under a newly signed memorandum on joint activities in the field of small modular reactors (SMRs)
2023, February, 17, 10:50:00
S.KOREAN NUCLEAR SHIPS
Last month, South Korean shipbuilder Samsung Heavy Industries announced it had completed the conceptual design for the CMSR Power Barge - a floating nuclear power plant based on compact MSRs It also obtained the basic certification of the design from the American Bureau of Shipping.
2023, February, 17, 10:45:00
U.S. FUSION DEVELOPMENT
The NSTX-U is the flagship fusion facility at the US Department of Energy's PPPL.
2023, February, 17, 10:40:00
AUSTRALIAN WIND PROJECT 10 GW
The wind project is currently under development near the Port of Newcastle and will be situated in proximity of energy transmission infrastructure.
2023, February, 17, 10:35:00
U.S. OIL INVENTORIES UP BY 16.3 MB TO 471.4 MB
U.S. commercial crude oil inventories increased by 16.3 million barrels to 471.4 million barrels.
2023, February, 15, 14:00:00
OIL PRICE: BRENT BELOW $85, WTI ABOVE $78
Brent slid $1.13, or 1.3%, to $84.45 a barrel, WTI dropped $1.31, or 1.7% to $77.75.
2023, February, 15, 13:55:00
GLOBAL OIL DEMAND WILL GROW
Nonetheless, the IEA said global oil markets will likely remain in surplus in the first half of the year amid surprisingly robust output from Russia.
2023, February, 15, 13:50:00
GLOBAL OIL GAS CHANGES
We can replace all crude oil with cellulosic biomass (corn stover, forest debris, etc.) liquid drop-in hydrocarbons if the conversion process uses massive external sources of heat and hydrogen.
2023, February, 15, 13:45:00
GLOBAL NUCLEAR POWER RISE
Many countries including China and India have developed aggressive nuclear development plans, as have Poland, the Czech Republic, the UK, the Netherlands, and even Ukraine to a lesser extent.
2023, February, 15, 13:40:00
GLOBAL ENERGY METAVERSE
Metaverse technology platforms are predicted to become a lucrative market – possibly up to $800 billion by 2024, according to a December 2021 Bloomberg report; this is a potentially large market.