News
2022, January, 31, 12:10:00
THE UTILITIES ASSET MANAGEMENT TRENDS 2022
most of the growth was seen in energy sustainability, digital transformation, renewable energy, and electrification of transportation.
2022, January, 31, 12:05:00
U.S. RIGS UP 6 TO 610
U.S. Rig Count is up 6 from last week to 610 , Canada Rig Count is up 5 from last week to 217.
2022, January, 28, 11:55:00
OIL PRICE: NEAR $90
Brent climbed 57 cents, or 0.6%, to $89.91 a barrel , WTI rose 54 cents, or 0.6%, to $87.15 a barrel.
2022, January, 28, 11:45:00
GLOBAL COAL PRICES UP
Global coal prices have shot back towards record highs as the Ukraine crisis raises expectations that European buyers will start loading up on the fossil fuel for fear that a standoff between Russia and western nations will cut off gas supplies.
2022, January, 28, 11:40:00
NORWAY PENSION FUND RETURNED $175.55 BLN
In 2021, the Government Pension Fund Global returned 14.5 percent, equivalent to 1,580 billion kroner.
2022, January, 28, 11:35:00
CHINA CLIMATE CONTROL
China currently implements a "dual control mechanism" under which provinces are given targets for total energy consumption and energy intensity, which is the amount of energy consumed for each unit of GDP growth.
2022, January, 28, 11:30:00
CHINA RENEWABLES +101 GW
Chinese state broadcaster CCTV said that when taking all solar and wind generation in account, the country added a whopping 101 gigawatts of renewable energy capacity in 2021.
2022, January, 28, 11:25:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% AGAIN
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent.
2022, January, 28, 11:20:00
U.S. OIL INVENTORIES UP BY 2.4 MB TO 416.2 MB
U.S. commercial crude oil inventories increased by 2.4 million barrels from the previous week to 416.2 million barrels.
2022, January, 27, 12:50:00
OIL PRICE: ABOVE $89
Brent were down 31 cents, or 0.6%, to $89.44 a barrel , WTI were down 58 cents, or 0.6%, to $86.77 a barrel.
2022, January, 27, 12:35:00
IRAN'S LPG FOR CHINA
LPG exports from Iran since July-August 2021 were hovering near two-year highs of around 500,000 mt/month
2022, January, 27, 12:30:00
ARGENTINA, CHINA ENERGY DEAL $35 BLN
Argentina is expected to sign a five-year US$35bn infrastructure programme with China.
2022, January, 27, 12:25:00
BRAZIL ELECTRICITY INVESTMENT $97 BLN
The country's installed capacity is expected to increase by 38% from around 200 GW in 2021 to 275 GW in 2031, with 83% of renewables and 17% of non-renewables.
2022, January, 27, 12:20:00
ENEL RENEWABLES 5.1 GW
Enel Green Power (EGP) added 5,120 MW of new renewable power capacity in 2021 (+65% compared to 2020), including 220 MW of battery capacity.
2022, January, 27, 12:15:00
SAUDI, IRAQ POWER GRID 1 GW
“the Iraqi-Saudi cooperation is not limited to the electrical connection only, but rather it is the beginning of a joint collective action,” Iraqi News Agency reported, citing the Prince.
