News
2022, January, 24, 12:25:00
OIL PRICE: ABOVE $88
Brent rose 58 cents, or 0.7%, to $88.47 a barrel, WTI gained 57 cents, or 0.7%, to $85.71 a barrel.
2022, January, 24, 12:20:00
U.S. ENERGY CRISIS RISK
Years of anti-fossil fuel policymaking have led to a growing portfolio of canceled natural gas pipeline projects, a trend that places US energy supply at risk,
2022, January, 24, 12:15:00
GERMANY AGAINST NUCLEAR
"As the federal government, we have once again clearly expressed our rejection of the inclusion of nuclear energy. It is risky and expensive," Vice Chancellor and Economy Minister Robert Habeck said in a joint statement with Environment Minister Steffi Lemke, both senior members of the Greens party.
2022, January, 24, 12:10:00
RUSSIAN OIL FOR U.S. UP
Shipments of Russian crude to the US in 2021 averaged 202,000 b/d, the highest in 11 years. Most of these imports consist of Russian export grades, such as Urals, ESPO Blend and Varandey.
2022, January, 24, 12:05:00
IRANIAN NUCLEAR DEAL WINDOW
The agreement between Iran and world powers lifted sanctions against Tehran in exchange for restrictions on its atomic activities.
2022, January, 24, 12:00:00
BRAZIL ELECTRICITY DEMAND UP
Brazil's electricity demand increased by 4.1% in 2021 to an average of 64.7 GW, according to Cámara de Comercialização de Energia Elétrica (CCEE).
2022, January, 24, 11:55:00
INDONESIA'S COAL GASIFICATION $2.3 BLN
The plant is designed to utilise 6 million tonnes of low rank coal to produce 1.4 tonnes of dimethyl ether (DME) annually, which can reduce Indonesia's LPG import by 1 million tonnes per year,
2022, January, 24, 11:50:00
U.S. RIGS UP 3 TO 604
U.S. Rig Count is up 3 from last week to 604, Canada Rig Count is up 21 from last week to 212.
2022, January, 21, 11:20:00
OIL PRICE: NEAR $87 AGAIN
Brent were down $1.00, or 1.1%, to $87.38 a barrel, WTI slid $1.16, or 1.4%, to $84.39 a barrel.
2022, January, 21, 11:15:00
RUSSIA'S SMR FOR PHILIPPINES
ROSATOM and the Department of Energy (DOE) of the Republic of the Philippines presented a joint action plan to elaborate nuclear power plants (NPP) using the Small Modular Reactor (SMR) technology through a Pre-Feasibility study.
2022, January, 21, 11:10:00
CHINA LPG IMPORTS DOWN
Propane imports fell 11.5% month on month to 1.46 million mt in December, which was partially offset by butane imports rising 9.6% over the same period to 416,006 mt,
2022, January, 21, 11:05:00
FUSION FOR BRITAIN
“Fusion energy has the potential to produce a stable, reliable and low-carbon power source that could be critical in a decarbonised energy future. Our involvement will bring together the best of UK and international expertise to solve the challenges associated with fusion energy,”
2022, January, 21, 11:00:00
ADAPTIVE ENERGY TRANSITION
To make lasting progress, carbon transition policy must be tailored to each country’s needs and dynamics while addressing the limitations of renewable energy like intermittency and lack of storage.
2022, January, 21, 10:55:00
UAE, CANADA HYDROGEN COOPERATION
The exchange between the public and private sector industry experts in Canada and the UAE provided an unprecedented opportunity to discuss the recent developments, challenges, and opportunities in hydrogen and decarbonisation in Canada, the UAE, and wider MENA region, and to forge future partnerships.
2022, January, 21, 10:49:00
SWEDISH NUCLEAR HYDROGEN
OKG has long operated a facility at the Oskarshamn site which uses electricity from the power plant to produce hydrogen through the electrolysis of water.