News
2022, April, 13, 12:30:00
U.S. MICRO NUCLEAR REACTOR
BWX Technologies, Inc. (NYSE: BWXT) is proceeding apace to deliver microreactors to commercial power and industrial customers in cooperation with Idaho National Laboratory and Oak Ridge National Laboratory.
2022, April, 12, 13:10:00
OIL PRICE: BRENT ABOVE $101, WTI NEAR $97
Brent were up $2.98 or 3.03% to $101.46 a barrel, WTI was up $3 or 3.18% to $97.29 a barrel.
2022, April, 12, 13:05:00
RUSSIA UNDER SANCTIONS
Russia's invasion has driven up the price of the oil, gas and grain it exports, providing it with a substantial windfall to fund its "special military operation" - now entering a new phase as Moscow focuses on the eastern Donbas region after failing to break Ukraine's defence of the capital Kyiv.
2022, April, 12, 12:55:00
JAPAN, RUSSIA COAL BAN
Japan typically takes high-CV, low-ash coal from Russia
2022, April, 12, 12:50:00
QATAR LNG AMBITIONS
Even before the Ukraine war had Europe scrambling for alternatives for Russia's oil and natural gas, Qatar's ambitions to grow its LNG business were coinciding with burgeoning energy demand by western countries amid the recovery from the pandemic.
2022, April, 12, 12:45:00
IRAN'S NUCLEAR DEVELOPMENT
Iran's nuclear technology is 'irreversible' and research in the field will not be tied to other's requests.
2022, April, 12, 12:35:00
UKRAINIAN NUCLEAR: NO EVENTS
Ukraine informed the International Atomic Energy Agency (IAEA) today that there had been no significant new developments related to nuclear safety and security over the past 24 hours, Director General Rafael Mariano Grossi said.
2022, April, 12, 12:30:00
SAMSUNG, SEABORG CMSR
The Memorandum of Understanding is to manufacture and sell turnkey power plants combining Samsung Heavy Industry’s ship-building expertise and the Danish company’s Compact Molten Salt Reactor (CMSR).
2022, April, 12, 12:25:00
CHINA'S CNOOC NEED INVESTMENT $4.4 BLN
The Chinese oil group CNOOC is seeking to raise CNY28.1bn (US$4.4bn) in a share listing in Shanghai (China), offering CNY10.8/share (US$1.7/share).
2022, April, 12, 12:20:00
SHELL LOSES $4 - $5 BLN
For the first quarter 2022 results, the post-tax impact from impairment of non-current assets and additional charges (e.g. write-downs of receivable, expected credit losses, and onerous contracts) relating to Russia activities are expected to be $4 to $5 billion.
2022, April, 12, 12:15:00
CHINA'S SOLAR FOR KYRGYZSTAN 1 GW
Kyrgyzstan has 4.4 GW of installed capacity, with 3.7 GW of hydro (end-2020).
2022, April, 11, 13:30:00
OIL PRICE: BRENT ABOVE $100, WTI ABOVE $95
Brent was down $2.08, or 2%, at $100.70 a barrel, WTI lost $2.19, or 2.2%, to $96.07.
2022, April, 11, 13:25:00
OPEC OIL PRICE: $100.12
The price of OPEC basket of thirteen crudes stood at $100.12 a barrel
2022, April, 11, 13:20:00
EUROPEAN ENERGY PRICES UP
The German year-ahead baseload traded as high as Eur197.75/MWh, a new high for the 2023 contract, while year-ahead coal into Europe traded at $230/mt, EEX and ICE exchange data showed.
2022, April, 11, 13:10:00
U.S. WRECKING ENERGY MARKETS
Vladimir Putin likely sees the global energy shortage and lack of energy security as an opportunity to advance Russia’s interests in Ukraine, knowing that Europe has no other choice than to buy their petroleum.