News
2021, February, 9, 15:30:00
RUSSIA'S TURKSTREAM FOR EUROPE
Like the Nord Stream and Nord Stream 2 pipeline projects, TurkStream was designed to enable Russian gas to reach European markets without having to flow through Ukraine.
2021, February, 9, 15:25:00
U.S. RENEWABLES WILL DOUBLE
the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050.
2021, February, 9, 15:20:00
LUKOIL PRODUCTION +9.5%
In the fourth quarter of 2020 LUKOIL Group's average hydrocarbon production was 2,065 kboe per day, which is 9.5% higher quarter-on-quarter.
2021, February, 8, 12:55:00
OIL PRICE: NEAR $60
Brent touched an intraday high of $60.06 a barrel. WTI advanced 60 cents, or 1.1%, to $57.45 a barrel.
2021, February, 8, 12:50:00
GERMANY SUPPORTS NORD STREAM 2
Germany's position is that Nord Stream 2 is a commercial project. However, Merkel expanded on her description of the pipeline, which she said she discussed openly with Macron.
2021, February, 8, 12:45:00
NORD STREAM 2: U.S., GERMANY NEGOTIATION
Reports this week in the German press suggested the administration of new US President Joe Biden would be open to direct negotiations with Germany over the pipeline.
2021, February, 8, 12:40:00
ENERGY STABILITY FOR INDIA
India's petroleum and steel minister Dharmendra Pradhan said stable energy markets will be crucial for both economic and demand recovery, and cooperation among consumers and producers is crucial to make that happen.
2021, February, 8, 12:35:00
CHINA INDEXES UP
The blue-chip CSI300 index rose 1.5% to 5,564.56, while the Shanghai Composite Index added 1% to 3,532.45 points.
2021, February, 8, 12:30:00
U.S. INTERNATIONAL TRADE DEFICIT DOWN TO $66.6 BLN
the U.S. goods and services deficit was $66.6 billion in December, down $2.4 billion from $69.0 billion in November
2021, February, 8, 12:25:00
U.S. RENEWABLE VULNERABILITY
When we shut down the natural gas network and the use of fossil fuels our only source of energy will be electricity, and if 80% or more comes from wind and solar, we are more vulnerable than we were in the 1970s when the oil embargo happened.
2021, February, 8, 12:20:00
CLEAN ENERGY WITHOUT CHINA
China reportedly put 30 GW of new coal capacity online in 2020, with 88 GW of coal power under construction and 247 GW under development.
2021, February, 8, 12:15:00
SMALL NUCLEAR ADVANCES 2021
A new generation of smaller reactors will gain traction in 2021 and demonstrate the big advantages of a smaller approach.
2021, February, 8, 12:10:00
ENERGY INNOVATION 2021
The evolution to a more digital and carbon-free grid and industry will continue.
2021, February, 8, 12:05:00
WORLDWIDE RIG COUNT UP 79 TO 1,183
The Worldwide Rig Count for January was 1,183, up 79 from the 1,104 counted in December 2020, and down 890 from the 2,073 counted in January 2020.
2021, February, 8, 12:00:00
U.S. RIGS UP 8 TO 392
U.S. Rig Count is up 8 from last week to 392, Canada Rig Count is down 3 from last week to 171,
