News
2024, March, 7, 06:50:00
OPEC+: HARD DECISION
These curbs on supply have helped prop up the price of crude for the past 18 months but left Saudi Arabia, which has cut its production by 2mn barrels a day, shouldering most of the cost.
2024, March, 7, 06:45:00
INDIA NEED MORE COAL ENERGY
Prime Minister Narendra Modi's government, which has cited energy security concerns and low per-capita emissions to defend India's coal dependence, has been trying to attract private investment to boost its coal-fired capacity by 80 GW by 2032
2024, March, 7, 06:40:00
BRAZIL HYDROPOWER PROBLEMS
More than half of Brazil's power generation already comes from hydro plants, but it has been five years since the industry finished its last major dam - the controversial Belo Monte complex in the northern state of Para.
2024, March, 7, 06:35:00
VIETNAM, AUSTRALIA ENERGY COOPERATION
The deal will further facilitate Australia's exports of coal and liquefied natural gas to Vietnam, the ministry said in a statement, noting that Australia is now a key coal supplier to Vietnam, accounting for 44% of its total coal imports.
2024, March, 5, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $79
Brent fell 3 cents to $82.77 a barrel, WTI fell 11 cents, to $78.63.
2024, March, 5, 06:55:00
РОССИЯ, ИРАН - НАДЕЖНЫЕ ПАРТНЕРЫ
В ходе заседания стороны обсудили широкий круг направлений двустороннего партнёрства в области здравоохранения, строительства, энергетики, промышленности, сельского хозяйства, образования, науки, спорта и т. д.
2024, March, 5, 06:50:00
РОССИЯ СНИЗИТ ДОБЫЧУ НА 471 ТБД
Россия осуществит дополнительное добровольное сокращение добычи и экспорта нефти совокупно на 471 тыс. баррелей в сутки в II квартале 2024 года в координации с некоторыми странами – участницами ОПЕК+.
2024, March, 5, 06:45:00
OPEC+ OIL WILL DOWN
Ample supplies have anchored international oil prices near $80 a barrel this year, even as conflict in the Middle East disrupts regional shipping.
2024, March, 5, 06:40:00
GLOBAL NET ZERO FAIL
The reality is that large-scale wind and solar power cannot exist without large-scale, long-term low-cost energy storage. There is no technology that can provide this.
2024, March, 5, 06:35:00
GLOBAL HYDROGEN ENERGY TRANSITION
But there has been no organized market for hydrogen. That is the mission of the new consortium. It will be funded initially by the DOE, which has allocated $8 billion for hydrogen and pledged about $1 billion each to the seven hubs — some get a little more and some a little less. The remaining funding is available to the consortium for market creation.
2024, March, 5, 06:30:00
VIRTUAL POWER PLANT INVESTMENT $100 MLN
Google, long interested in clean energy and conservation, is spinning out its Google Nest Renew business and Sidewalk Infrastructure Partners (SIP) is combining it with OhmConnect to create a new company in which SIP will make an initial $100 million investment.
2024, March, 5, 06:25:00
S.KOREA NUCLEAR DEVELOPMENT $3 BLN
South Korea has 25 nuclear power reactors with a total capacity of 24.7 GWe at the end of 2023. According to the state-run utility Korea Hydro & Nuclear Power, in 2022, these plants generated nearly 30% of all electricity, up from 23% in 2018.
2024, February, 28, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI ABOVE $78
Brent fell 30 cents, or 0.36%, to $83.35 a barrel, WTI dropped 28 cents to $78.59 a barrel.
2024, February, 28, 06:55:00
GLOBAL RUSSIAN ENERGY & SANCTIONS
Deputy Prime Minister and OPEC+ envoy Alexander Novak drove home the official line that sanctions make Russia stronger when he said in October, referring to the redirection of exports, "the main consumption of energy resources will in future be in [the Asia-Pacific] region... We would have to do this anyway. We just sped up a bit."
2024, February, 28, 06:50:00
FRENCH BULGARIAN NUCLEAR COOPERATION
According to the French Economy Ministry: "This cooperation will concern, among other things, the nuclear construction programmes envisaged in the two countries, the analysis of new technologies such as small modular reactors or advanced technology reactors, the development of a European supply chain, the fuel cycle, nuclear power and the strengthening of nuclear training courses within the two countries."