News
2021, February, 24, 11:05:00
OIL PRICE: NEAR $65 ANEW
Brent fell 35 cents, or 0.5%, to $65.02 a barrel. WTI were down 56 cents or 0.9% at $61.11 a barrel.
2021, February, 24, 11:00:00
NORD STREAM 2: SUPPORTING GERMANY
Despite U.S. sanctions against the pipeline, Berlin has stood by Nord Stream 2, which it says is a commercial project.
2021, February, 24, 10:55:00
NORD STREAM 2 SANCTIONS ANEW
President Joe Biden believes the pipeline is a "bad deal" for Europe, his spokeswoman Jen Psaki has said, and many U.S. lawmakers are pushing for sanctions.
2021, February, 24, 10:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
Oil demand to reach 102.6 million b/d by the fourth quarter of this year, the highest since Q4 2019 when it averaged 103.9 million b/d.
2021, February, 24, 10:45:00
INDIA'S INDEXES UP
The NSE Nifty 50 index was up 0.77% at 14,820.45 by 0450 GMT, while the S&P BSE Sensex gained 0.63% to 50,061.21.
2021, February, 24, 10:40:00
ITER FUSION FUNDING EUR 5.61 BLN
The ITER agreement was signed in November 2006 by Euratom, the US, Russia, Japan, China, South Korea and India.
2021, February, 24, 10:35:00
US ENERGY SUSTAINABILITY
Severe cold weather in parts of the USA last week contributed to power outages affecting millions of electricity customers across Texas, Louisiana and Oklahoma.
2021, February, 24, 10:30:00
U.S. ENERGY COOLING
The power supply collapse in Texas was caused by extreme and aberrant cold weather, freezing the electric generators. The system wasn’t designed to withstand what occurred -- and what may occur elsewhere in a time of new and terrifying instability in the world’s weather systems.
2021, February, 24, 10:25:00
U.S. INDUSTRIAL PRODUCTION UP 0.9%
U.S. industrial production increased 0.9 percent in January.
2021, February, 24, 10:20:00
U.S. RIGS UNCHANGED
U.S. Rig Count is unchanged from last week at 397, Canada Rig Count is down 4 from last week to 172
2021, February, 19, 13:25:00
OIL PRICE: NEAR $63
Brent dropped 87 cents, or 1.4%, to $63.06 a barrel. WTI fell 82 cents, or 1.4%, to $59.70 a barrel.
2021, February, 19, 13:20:00
FOSSIL FUELS DOMINATION
Fossil fuels are expected to dominate the primary energy mix thru 2040, even in scenarios where countries meet the Paris Agreement’s climate goals.
2021, February, 19, 13:15:00
NUCLEAR PERSEVERANCE ON MARS
At long last, NASA’s Mars Perseverance Rover has arrived. Conceived a decade ago and distilled from the dreams of generations of scientists, the SUV-sized, nuclear-fueled rover launched in July 2020,
2021, February, 19, 13:10:00
U.S. LNG EXPORTS WILL UP
U.S. liquefied natural gas (LNG) exports will exceed natural gas exports by pipeline in the first and fourth quarters of 2021 and on an annual basis in 2022.
2021, February, 19, 13:05:00
NUCLEAR POWER IS ESSENTIAL
The UK, as host of the next round of UN climate talks, must take the opportunity to show how nuclear energy is essential to decarbonisation,