News
2022, June, 3, 12:50:00
ISRAELI GAS EXPLORATION
Israel’s proven gas reserves are very large, at a current estimated level of about 538 bcm (end of 2021). Production increased very rapidly from 2.5 bcm in 2012 to almost 13 bcm in 2020 (+23%/year on average, including +45% in 2020).
2022, June, 3, 12:45:00
CHINA RENEWABLES 3.3 TLN KWH
China annual power generation from renewable energy sources will reach 3.3 trillion kWh by 2025.
2022, June, 3, 12:40:00
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
U.S. commercial crude oil inventories decreased by 5.1 million barrels to 414.7 million barrels.
2022, June, 2, 11:55:00
OIL PRICE: BRENT NEAR $116, WTI ABOVE 112
Brent was down $2.07, or 1.8%, at $114.22 a barrel, WTI dropped $2.21, or 1.9%, to $113.05 a barrel.
2022, June, 2, 11:50:00
OPEC OIL PRICE: $122.94
The price of OPEC basket of thirteen crudes stood at $122.94 a barrel on Tuesday,
2022, June, 2, 11:45:00
ЦЕНА URALS: $83,48
Средняя цена на нефть марки Urals в январе-мае 2022 года сложилась в размере $83,48 за баррель, в январе-мае 2021 года - $61,62 за баррель.
2022, June, 2, 11:40:00
RUSSIA SANCTIONS SPLIT
Another group of officials, many based at Janet Yellen’s Treasury Department, worry about further strains on a global economy already suffering from supply-chain woes, inflation, volatile oil prices and a potential food crisis.
2022, June, 2, 11:35:00
OPEC + RUSSIA STRENGTHENING
Meanwhile those with spare capacity – primarily Saudi Arabia and the UAE – have held off on breaching their quotas to maintain OPEC+ unity rather than spark a market share battle.
2022, June, 2, 11:30:00
GAZPROM PRODUCTION DOWN BY 4.8%
Gas exports to the countries beyond the FSU amounted to 61 billion cubic meters, which is 27.6 per cent (or 23.2 billion cubic meters) lower than the figure for the same period of 2021.
2022, June, 2, 11:25:00
GAZPROM STOPPED FOR SHELL
Gazprom completely suspends gas supplies to Shell Energy Europe Limited due to failure to pay in rubles
2022, June, 2, 11:20:00
GAZPROM STOPPED FOR ORSTED
Gazprom completely suspends gas supplies to Denmark’s Orsted Salg & Service A/S due to failure to pay in rubles
2022, June, 2, 11:15:00
AUSTRALIA'S URANIUM WILL UP
The forecast AUD113 million (USD81 million) capital cost of the development (including contingency) of the Honeymoon project is fully-funded,
2022, June, 2, 11:10:00
BRITAIN'S NUCLEAR STOP
Hinkley Point B started operations in 1976 and, in 2012, the estimated end of its generation was extended to 2023, with a +/- 2 years proviso.
2022, June, 1, 11:00:00
OIL PRICE: BRENT NEAR $117, WTI NEAR $116
The Brent contract for July delivery expired on Tuesday at $122.84 a barrel, up 1%, WTI rose 37 cents, or 0.3%, to $115.04 a barrel.
2022, June, 1, 10:55:00
RUSSIA SANCTIONS $285 BLN
Even with some countries halting or phasing out energy purchases, Russia's oil-and-gas revenue will be about $285 billion this year, according to estimates from Bloomberg Economics based on Economy Ministry projections.
