News
2024, March, 18, 06:30:00
U.S. NUCLEAR POWER INVESTMENT $1.6 BLN
The US Administration's 2025 budget request includes nearly USD1.6 billion for the Department of Energy's Office of Nuclear Energy,
2024, March, 18, 06:25:00
BRITISH SMR FOR POLAND
Polish industrial group Industria has signed a letter of intent with UK-based zero emissions energy and technology developer Chiltern Vital Group to collaborate on the deployment of Rolls-Royce small modular reactors in Poland.
2024, March, 18, 06:20:00
TEXAS ENERGY STRAINING
The Texas grid has repeatedly seen tight electricity supplies in the past year as extreme weather and surging power demand strain aging infrastructure.
2024, March, 13, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent rrose 46 cents, or 0.6%, to $82.38 a barrel, WTI gained 47 cents, or 0.6%, to $78.03.
2024, March, 13, 06:55:00
U.S. ENERGY INVESTMENT 2025: $44 BLN
The DOE Budget requests $51 billion in discretionary budget authority for 2025, a $3.6 billion or 7.5 percent increase from the 2023 level.
2024, March, 13, 06:35:00
RUSSIAN NUCLEAR FOR TURKEY ANEW
The Turkish government has decided that Rosatom will build the country’s second NPP,
2024, March, 13, 06:30:00
THE NEW NUCLEAR FUSION DESIGN
Nuclear fusion is the process by which two light nuclei combine to form a single heavier nucleus, releasing a large amount of energy.
2024, March, 13, 06:25:00
AUSTRALIAN CLIMATE FINANCIAL RISKS
The assessment showed that pressures on Australia’s financial system from a surge in climate-related disaster claims could lead to a “plausible worst-case scenario” whereby insurers and lenders pull out of highly-exposed communities.
2024, March, 7, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI ABOVE $79
Brent rose 15 cents to $83.11 a barrel, WTI rose 18 cents to $79.31 a barrel.
2024, March, 7, 06:55:00
OPEC+ VOLUNTARY CUTS
These voluntary cuts are calculated from the 2024 required production level as per the 35th OPEC Ministerial Meeting held on June 4, 2023, and are in addition to the voluntary cuts previously announced in April 2023 and later extended until the end of 2024.
2024, March, 7, 06:50:00
OPEC+: HARD DECISION
These curbs on supply have helped prop up the price of crude for the past 18 months but left Saudi Arabia, which has cut its production by 2mn barrels a day, shouldering most of the cost.
2024, March, 7, 06:45:00
INDIA NEED MORE COAL ENERGY
Prime Minister Narendra Modi's government, which has cited energy security concerns and low per-capita emissions to defend India's coal dependence, has been trying to attract private investment to boost its coal-fired capacity by 80 GW by 2032
2024, March, 7, 06:40:00
BRAZIL HYDROPOWER PROBLEMS
More than half of Brazil's power generation already comes from hydro plants, but it has been five years since the industry finished its last major dam - the controversial Belo Monte complex in the northern state of Para.
2024, March, 7, 06:35:00
VIETNAM, AUSTRALIA ENERGY COOPERATION
The deal will further facilitate Australia's exports of coal and liquefied natural gas to Vietnam, the ministry said in a statement, noting that Australia is now a key coal supplier to Vietnam, accounting for 44% of its total coal imports.
2024, March, 5, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $79
Brent fell 3 cents to $82.77 a barrel, WTI fell 11 cents, to $78.63.