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News
2022, July, 15, 12:00:00
EUROPEAN ENERGY CRISIS, RECESSION
“Until now I thought we had shot ourselves in the foot,” Orban said. “Now it’s more like the European economy had shot itself in the lungs and it’s now struggling to breathe.”
News
2022, July, 15, 11:55:00
U.S. GAS PRICE DOUBLED
During the past 12 months (July 2021–June 2022), the monthly average Henry Hub natural gas spot price, which is a U.S. benchmark, nearly doubled
News
2022, July, 15, 11:50:00
CHINA'S OIL THROUGHPUT UPDOWN
As a result, China's crude throughput in June rose a further 1.9% month on month to 54.94 million mt in May, when the volume had rebounded 4.1% from a 35-month low of 51.81 million mt in April,
News
2022, July, 15, 11:35:00
RUSSIAN NUCLEAR FOR UZBEKISTAN
Uzbekistan is the world’s seventh-ranking uranium supplier, according to World Nuclear Association, and was a significant source of Russian uranium supply until it gained independence in 1991.
News
2022, July, 15, 11:30:00
U.S. CARBON EMISSIONS PROGRAM $2.6 BLN
The two programs – the Carbon Capture Demonstration Projects Program and the Carbon Dioxide Transport/Front-End Engineering Design (FEED) Program – are funded by a more than $2.6 billion investment from President Biden’s Bipartisan Infrastructure Law.
News
2022, July, 15, 11:25:00
U.S. OIL INVENTORIES UP BY 3.3 MB TO 427.1 MB
U.S. commercial crude oil inventories increased by 3.3 million barrels to 427.1 million barrels.
News
2022, July, 14, 12:35:00
OIL PRICE: BRENT BELOW $98, WTI BELOW $94
Brent were down 18 cents to $99.39 a barrel, WTI was at $95.84 a barrel, down 43 cents.
News
2022, July, 14, 12:30:00
RUSSIAN, EUROPE SANCTIONS WITHOUT GAS
"What is definitely problematic is to include energy into the sanctions, because a rule must be observed that the sanctions must have a greater impact on Russia than on the countries imposing the sanctions."
News
2022, July, 14, 12:25:00
CHINA NEED MORE COAL
The proposal will be submitted to senior leaders, with a recommendation Beijing resume Australian imports prompted by fears European-led curbs on Russian energy will increase competition for coal from China’s main suppliers like Indonesia,
News
2022, July, 14, 12:10:00
RUSSIAN NUCLEAR FOR MYANMAR
The meeting resulted in the signing of the Memorandums of Understanding between ROSATOM and the Ministry of Science and Technology of Myanmar on cooperation
News
2022, July, 14, 12:05:00
SMR NUCLEAR FOR POLAND
"Ensuring stable energy supplies to the Polish system requires the rapid implementation of nuclear technologies," said PKN Orlen President Daniel Obajtek.
News
2022, July, 14, 12:00:00
ITER FUSION DELAYING
ITER is a major international project to build a tokamak fusion device in Cadarache, France, designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy.
News
2022, July, 14, 11:55:00
MAINSTREAM, AKER RENEWABLES 27 GW
Mainstream’s offshore business will continue to develop existing project opportunities for bottom-fixed and floating wind in markets such as Norway, Sweden, Japan, South Korea, Vietnam, Ireland, the UK and the US, while exploring opportunities in new markets.
News
2022, July, 13, 11:50:00
OIL PRICE: BRENT NEAR $100, WTI NEAR $97
Brent was up 73 cents, or 0.7%, at $100.22 a barrel, WTI gained 68 cents, or 0.7%, to $96.52.
News
2022, July, 13, 11:45:00
OIL PRICES 2022-23: $104 - $94
The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.