News
2022, May, 5, 14:30:00
U.S. FEDERAL FUNDS RATE 0.75 - 1%
In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent and anticipates that ongoing increases in the target range will be appropriate.
2022, May, 5, 14:25:00
GLOBAL CLIMATE RISKS 4% GDP
Bangladesh, India, Pakistan and Sri Lanka's exposure to wildfires, floods, major storms and also water shortages mean South Asia has 10%-18% of GDP at risk, roughly treble that of North America and 10 times more than the least-affected region, Europe.
2022, May, 5, 14:20:00
U.S. OIL INVENTORIES UP BY 1.3 MB TO 415.7 MB
U.S. commercial crude oil inventories increased by 1.3 million barrels to 415.7 million barrels.
2022, May, 5, 14:15:00
THE 2ND WORLD LARGEST CHINA HYDROPOWER STATION 16 GW
The last few generating units of southwest China's Baihetan Hydropower Station are being installed and tested.
2022, May, 4, 12:30:00
OIL PRICE: BRENT NEAR $108, WTI NEAR $106
Brent rose $2.94, or 2.8%, to $107.91 a barrel, WTI rose $3.02, or 3%, to $105.43 a barrel.
2022, May, 4, 12:25:00
OPEC OIL PRICE: $109.80
The price of OPEC basket of thirteen crudes stood at $109.80 a barrel on Tuesday
2022, May, 4, 12:20:00
RUSSIAN OIL FOR INDIA
Urals has been trading at record-lows in recent weeks, with some deals being done at discount of almost $40/b to the Platts Dated Brent crude oil benchmark.
2022, May, 4, 12:15:00
CHINA LNG IMPORTS UP
China’s LNG imports averaged 10.5 billion cubic feet per day (Bcf/d), a 19% increase compared with 2020.
2022, May, 4, 12:10:00
GAZPROM PROFIT RUB 2,093 BLN
For the year ended December 31, 2021 profit attributable to the owners of PJSC Gazprom amounted to RUB 2,093,071 million.
2022, May, 4, 12:05:00
GAZPROM PRODUCTION DOWN
According to preliminary data, Gazprom produced 175.4 billion cubic meters of gas in January-April 2022. This is a decrease of 2.5 per cent (or 4.5 billion cubic meters) versus the same period of 2021.
2022, May, 4, 12:00:00
GLOBAL RENEWABLES UP TO 85% IN 2021
Complete removal of fossil fuels from the global economy removes three quarters of global greenhouse emissions.
2022, May, 4, 11:55:00
U.S. ENERGY INFRASTRUCTURE INVESTMENTS $3 BLN
The U.S. Department of Energy (DOE) announced $3.1 billion in funding from President Biden’s Bipartisan Infrastructure Law to make more batteries and components in America, bolster domestic supply chains, create good-paying jobs, and help lower costs for families.
2022, May, 4, 11:50:00
FINLAND NUCLEAR TERMINATION
Fennovoima's decision to end the contract is "justified and consistent", Finland's Ministry of Economic Affairs and Employment said.
2022, May, 4, 11:45:00
NORWAY'S NUCLEAR SHIP
Speaking about the suitability of Thorium MSRs as an energy source for maritime applications, Jan Emblemsvåg, Professor at the Norwegian University of Science and Technology noted: “MSRs have enormous potential for enabling clean shipping.
2022, May, 4, 11:40:00
U.S. RIGS UP 3 TO 698
U.S. Rig Count is up 3 from last week to 698 , Canada Rig Count is down 6 from last week to 95.