News
2022, May, 27, 12:15:00
GLOBAL LNG UNCERTAINTY
Some key questions include how much gas or LNG will move from North America to Europe and how much gas demand will move in the opposite direction and when it comes to Europe,
2022, May, 27, 12:05:00
UAE, INDIA ENERGY COOPERATION
The UAE’s expanded cooperation with India in the area of climate aims to support India’s ambition to achieve 450 gigawatts (GW) of renewable energy installed capacity by 2030 and aligns with the UAE’s ambitions to expand its low and zero-carbon energy capabilities.
2022, May, 27, 12:00:00
U.S. OIL INVENTORIES DOWN BY 1.0 MB TO 419.8 MB
U.S. commercial crude oil inventories decreased by 1.0 million barrels to 419.8 million barrels.
2022, May, 26, 12:40:00
OIL PRICE: BRENT ABOVE $114, WTI NEAR $111
Brent gained 47 cents, or 0.41%, to $114.50 a barrel , WTI climbed 53 cents, or 0.48%, to $110.86 a barrel.
2022, May, 26, 12:30:00
RUSSIA, IRAN ENERGY COOPERATION
Russian and Iranian officials discussed oil and gas supply swaps, as well as increasing joint energy investments May 25, as an increasingly isolated Moscow seeks more trade partners due to unprecedented sanctions pressure.
2022, May, 26, 12:15:00
GAS IS CRITICAL FOR THE GLOBAL ENERGY SYSTEM
Gas will be critical for an achievable, affordable, sustainable, and secure decarbonization of the global energy system.
2022, May, 26, 12:10:00
NUCLEAR POWER OPPORTUNITY
Nuclear provides the opportunity for a faster transition to a low-carbon energy future and supports the shift to a hydrogen economy
2022, May, 26, 12:05:00
S.KOREA, BANGLADESH NUCLEAR
Bangladesh's first nuclear power plant - comprising two VVER-1200 reactors - is currently under construction by Russia's AtomStroyExport at Rooppur, about 160 km northwest of Dhaka.
2022, May, 25, 11:45:00
OIL PRICE: BRENT ABOVE $114, WTI ABOVE $112
Brent rose 44 cents, or 0.4%, to $114.00 a barrel, WTI rose 51 cents, or 0.5%, to $110.28 a barrel.
2022, May, 25, 11:40:00
OPEC OIL PRICE: $114.96
The price of OPEC basket of thirteen crudes stood at $114.96 a barrel on Tuesday
2022, May, 25, 11:35:00
STRENGTHENING THE RUSSIAN FINANCIAL SYSTEM
The Russian economy ministry forecasts an average Urals price of $80.10/b in 2022.
2022, May, 25, 11:30:00
INDIA REDUCES OIL PRICES
India's federal government decided to cut the excise duty on petrol and diesel in an attempt to rein in high levels of inflation.
2022, May, 25, 11:25:00
U.S. SELLS OIL 40 MB
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced an additional Notice of Sale of up to 40.1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR).
2022, May, 25, 11:20:00
RUSSIAN GAS FOR FINLAND IS STOPPED
Gazprom completely suspends gas supplies to Finland’s Gasum due to failure to pay in rubles
2022, May, 25, 11:15:00
EUROPEAN GAS AMBITIONS
As a result, short-term gas prices in Britain, France and Spain have tumbled to as little as a third of those in markets including the Netherlands and Germany,