News
2022, May, 25, 11:10:00
BRITAIN'S ENERGY SHOCK
The energy price cap is likely to soar to a record £2,800 ($3,499) in October, Ofgem Chief Executive Officer Jonathan Brearley told a panel of lawmakers on Tuesday.
2022, May, 25, 11:05:00
QATAR, BRITAIN STRATEGIC COOPERATION
The ongoing European energy crisis and its impact on economies across the region has seen unprecedented diplomacy efforts to secure a more stable energy supply, and Qatar has repeatedly said it stands ready to help its partners.
2022, May, 25, 10:55:00
EUROPEAN GAS OBLIGATIONS
EU Member States consumed approximatively 400 bcm of gas in 2020 (25% of the EU's primary energy consumption), and they possess a combined gas storage capacity of about 105 bcm (as of 2020).
2022, May, 25, 10:50:00
RUSSIAN SAFE NUCLEAR FUEL
Experimental accident tolerant fuel (ATF) elements are being tested in the MIR research reactor at the Research Institute of Atomic Reactors (NIIAR) in Dimitrovgrad, Russian fuel company TVEL (part of Rosatom) said
2022, May, 25, 10:45:00
U.S., ROMANIA NUCLEAR SMR
Romania’s energy minister Virgil Popescu said: "I thank our American partners for supporting Romania's nuclear programmes, a bilateral strategic partnership started in the 1980s.
2022, May, 25, 10:40:00
EGYPT CLIMATE STRATEGY
Egypt has an electricity capacity of 62 GW (at the end of 2021), 80% of which is from gas and 10% from oil.
2022, May, 25, 10:35:00
IRELAND RENEWABLES +20%, 1.9 GW
The auction is set to support the Irish ambition of reaching 80% of power generation from renewables and a 51% reduction in its greenhouse gas (GHG) emissions by 2030,
2022, May, 23, 13:25:00
OIL PRICE: BRENT NEAR $114, WTI NEAR $112
Brent rose $1.12 or 1% to $113.67 a barrel, WTI climbed 96 cents, or 0.9%, to $111.24 a barrel.
2022, May, 23, 13:20:00
OPEC OIL PRICE: $114.79
The price of OPEC basket of thirteen crudes stood at $114.79 a barrel on Friday,
2022, May, 23, 13:15:00
RUSSIAN OIL DISCOUNTS
The discounted Russian Urals had helped to boost refining margins and operation rates for independent refineries.
2022, May, 23, 13:10:00
EUROPEAN ENERGY PLAN
REPowerEU is about rapidly reducing our dependence on Russian fossil fuels by fast forwarding the clean transition and joining forces to achieve a more resilient energy system and a true Energy Union.
2022, May, 23, 13:05:00
GERMANY, QATAR LNG DEVELOPMENT
The new pact, inked during a Qatari state visit to Germany, comes as Berlin looks to fast-track a number of new LNG import terminals to reduce its dependence on Russian gas imports.
2022, May, 23, 13:00:00
GERMAN LNG TERMINALS DEVELOPMENT
The invasion of Ukraine by Russia has made it clear for all actors in Germany: diversification of gas imports is urgently needed.
2022, May, 23, 12:55:00
NORWAY OIL, GAS PRODUCTION 1.87 MBD
Preliminary production figures for April 2022 show an average daily production of 1 871 000 barrels of oil, NGL and condensate.
2022, May, 23, 12:50:00
U.S. RIGS UP 14 TO 728
U.S. Rig Count is up 14 from last week to 728, Canada Rig Count is unchanged from last week at 88.