News
2022, April, 5, 13:45:00
THE NEW RUSSIA ENERGY SANCTIONS
While the US has already banned imports of Russian oil, gas and coal, it could escalate energy pressure through secondary sanctions on other countries that continue to import the supplies.
2022, April, 5, 13:40:00
GLOBAL CLIMATE DISASTER
We are on a pathway to global warming of more than double the 1.5-degree (Celsius, or 2.7-degrees Fahreinheit) limit” that was agreed in Paris in 2015.
2022, April, 5, 13:35:00
U.S. CLIMATE CHANGES $2 TLN
The Office of Management and Budget assessment, tasked by President Joe Biden last May, found the upper range of climate change's hit to the budget by the end of the century could total 7.1% annual revenue loss, equal to $2 trillion a year in today's dollars.
2022, April, 5, 13:30:00
GLOBAL WIND CAPACITIES 837 GW
According to the Global Wind Energy Council (GWEC), the global wind capacity increased by 93.6 GW in 2021 (+12%), to 837 GW.
2022, April, 5, 13:25:00
RENEWABLE OPPORTUNITY FOR TURKEY
According to the Turkiye Climate Change Perception Report, 79% of the participants see renewable energy as a good opportunity for economic development and 75% of them favor renewables for increasing the country's exports.
2022, April, 5, 13:20:00
TURKISH WIND POWER 25%
Turkey produced 203,069 megawatt-hours (MWh) of electricity from wind farms on Saturday, according to data provided by TEIAŞ.
2022, April, 5, 13:15:00
PORTUGAL RENEWABLES 80%, €25 BLN
Portugal aims to reach carbon neutrality by 2050 and over €25bn should be invested in the energy sector in the next 10 years.
2022, April, 4, 12:35:00
OIL PRICE: BRENT ABOVE $104, WTI ABOVE $99
Brent was up 63 cents, or 0.6%, to $105.02 a barrel , WTI gained $1.08, or 1.1%, to $100.35.
2022, April, 4, 12:30:00
STRATEGIC PARTNERSHIP OF RUSSIA, INDIA
Our relations are a strategic partnership, even a specially privileged strategic partnership, as our Indian friends called it some time ago.
2022, April, 4, 12:25:00
OPEC OIL PRICE: $107.74
The price of OPEC basket of thirteen crudes stood at $107.74 a barrel
2022, April, 4, 12:15:00
GERMANY REQUESTS A RECESSION
Europe's largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names in industry in recent days.
2022, April, 4, 12:05:00
US SELLS OIL 90 MB
The first 90 million barrels will be released between May and July, through two notices of sale totaling 70 million barrels, and 20 million barrels already scheduled to be released in May 2022.
2022, April, 4, 12:00:00
U.S. ENERGY, GDP GROWTH 2021
According to data compiled by the U.S. Bureau of Economic Analysis, the Consumer Price Index (CPI) for ‘Energy’ in February 2022 was 25.6% higher than in February 2021, which is more than triple the increase of the CPI for ‘All Items,’ which was 7.9% higher over the same period.
2022, April, 4, 11:55:00
U.S. RENEWABLES RECORD 2021
Renewable sources accounted for more than one-eighth (12.61%) of the U.S. energy produced and 12.49% of the energy consumed for electricity, transportation, heating, and other uses.
2022, April, 4, 11:50:00
WORLDWIDE RIG COUNT DOWN 8 TO 1,661
The Worldwide Rig Count for March was 1,661, down 8 from the 1,669 counted in February 2022,and up 430 from the 1,231 counted in March 2021.