News
2022, March, 22, 12:40:00
RUSSIAN OIL FOR EUROPE
Germany and Hungary are putting the brakes on a potential EU embargo on Russian oil,
2022, March, 22, 12:35:00
EUROPEAN GAS DOWN
Russia accounts for about 40% of the European Union’s gas demand, and about a third of those shipments transit Ukraine.
2022, March, 22, 12:30:00
BRITAIN SAVE GAZPROM
Gazprom Marketing & Trading Retail, which trades as Gazprom Energy and supplies gas to about a fifth of UK companies, is coming under pressure as companies withdraw from contracts following Russia’s invasion of Ukraine.
2022, March, 22, 12:25:00
U.S. FUSION ACCELERATION
the Biden-Harris Administration announced that it is developing a bold decadal vision to accelerate fusion – a clean energy technology that uses the same reaction that powers the Sun and stars.
2022, March, 22, 12:20:00
BELGIAN NUCLEAR EXTENSION
Belgium's nuclear plants account for almost half of the country's electricity production.
2022, March, 22, 12:15:00
SAUDI ARAMCO NET INCOME $110 BLN
The Saudi Arabian Oil Company (“Aramco” or “the Company”) announced its full-year 2021 financial results, reporting that net income more than doubled year-on-year to $110.0 billion. Aramco declared a fourth quarter dividend of $18.8 billion, to be paid in the first quarter of 2022.
2022, March, 21, 12:25:00
OIL PRICE: BRENT ABOVE $111, WTI ABOVE $108
Brent climbed $3.74, or 3.5%, to $111.67 a barrel, WTI rose $3.98, or 3.8%, to $108.68.
2022, March, 21, 12:20:00
OPEC OIL PRICE: $104.96
The price of OPEC basket of thirteen crudes stood at $104.96 a barrel on Thursday, compared with $104.06 the previous day, according to OPEC Secretariat calculations
2022, March, 21, 12:10:00
RUSSIAN OIL TO CHINA DOWN
Russian inflows to China hit a nine-month low of 1.42 million b/d in February, down 26.1% year on year and more than 25% month on month.
2022, March, 21, 12:05:00
NORWAY OIL, GAS PRODUCTION 1.98 MBD
Preliminary production figures for February 2022 show an average daily production of 1 980 000 barrels of oil, NGL and condensate.
2022, March, 21, 12:00:00
CANADA'S SMR INVESTMENT
The eVinci microreactor is a heatpipe reactor able to deliver combined heat and power (5 MWe and up to 13MWt).
2022, March, 21, 11:55:00
NUCLEAR FOR NIGERIA
"Nigeria is trying to deliver 4000 MW of electricity through nuclear power. We are planning to construct four units and currently we are at the bidding phase of the nuclear power programme in Nigeria,"
2022, March, 21, 11:50:00
PORTUGAL RENEWABLES 80%
The country currently generates around 60% of its electricity from renewables (hydropower, wind and solar) and expects to reach 80% before 2030.
2022, March, 21, 11:45:00
U.S. RIGS UP 0 TO 663
U.S. Rig Count is unchanged from last week at 663, Canada Rig Count is down 30 from last week to 176.
2022, March, 18, 11:50:00
OIL PRICE: NEAR $108
Brent rose 82 cents, or 0.8%, to $107.46 a barrel, WTI climbed $1.14, or 1.1%, to $104.12 a barrel.