News
2021, November, 25, 15:25:00
S.KOREA COAL POWER DOWN
"A total of 8 to 16 coal-fired power plants will be offline from Dec. 1 to Feb. 28 as part of efforts to reduce fine dust emissions in the winter period," the Ministry of Trade, Industry and Energy said in a statement.
2021, November, 25, 15:20:00
U.S. RIGS UP 6 TO 569
U.S. Rig Count is up 6 from last week to 569, Canada Rig Count is up 4 from last week to 171.
2021, November, 24, 12:15:00
OIL PRICE: NEAR $83 AGAIN
Brent rose 13 cents, or 0.2%, to $82.44 a barrel, WTI increased 20 cents, or 0.3%, to $78.70 a barrel.
2021, November, 24, 12:10:00
OPEC WITHOUT CHANGES
The OPEC+ alliance is scheduled to meet Dec. 2 to decide on January production levels, amid strong hints from the US, China, Japan and India that a coordinated crude release from their strategic petroleum reserves was imminent.
2021, November, 24, 12:00:00
RUSSIAN GAS TO EUROPE
European and British wholesale gas prices rose on Tuesday as colder weather increased demand and the market remained nervous about winter supplies from Russia.
2021, November, 24, 11:55:00
U.S. WILL RELEASE OIL 50 MB
China, India, Japan, South Korea and the UK will join the US in releasing strategic oil stocks, the White House said, without giving further details.
2021, November, 24, 11:50:00
CHINA GAS SUPPLIES GROWTH
China has been ramping up gas supply from all sources including pipeline gas contracts with Central Asia.
2021, November, 24, 11:45:00
VIETNAM ENERGY CHANGES
The Vietnamese government on Nov. 19 held a conference to discuss possible changes to its draft power development plan over 2021-2030 with a vision to 2045, called PDP8, which provides the road map for its power sector including an exhaustive list of proposed projects.
2021, November, 23, 12:30:00
OIL PRICE: NEAR $79 ANEW
Brent fell 67 cents, or 0.8%, to $79.03 a barrel, WTI fell 88 cents, or 1.2%, to $75.87 a barrel.
2021, November, 23, 12:15:00
FRANCE, UAE RENEWABLE ENERGY
"I can confirm to you we will launch new projects on all types of energies especially renewable energy and hydrogen. We clearly want to be hand in hand in the fight against climate change."
2021, November, 23, 12:10:00
RUSSIAN NUCLEAR HYDROGEN
Providing consumers in underdeveloped and remote regions of Russia with reliable, high-quality and environmentally acceptable energy sources with a capacity of up to 400kW, designed for operation in extreme natural and climatic conditions, is a priority task for development of the Russian Arctic.
2021, November, 23, 12:05:00
MUBADALA RENEWABLE INVESTMENT $243 BLN
Abu Dhabi’s sovereign fund Mubadala will not change its investment strategy in 2022, keeping a focus on renewables, technology, and life sciences, its CEO Khaldoon Khalifa Al-Mubarak said.
2021, November, 23, 12:00:00
CHINA'S CARBON MANAGEMENT
China's total trading volume of greenhouse gas voluntary emissions reduction had exceeded 334 million mtCO2e, with turnover approaching Yuan 3 billion (approx. $469 million),
2021, November, 23, 11:55:00
ISRAEL, JORDAN, UAE RENEWABLE COOPERATION
Economic cooperation between Israel and the UAE has accelerated since the signing of a peace agreement in September 2020. Israel and Jordan signed a peace agreement in 1994.
2021, November, 23, 11:50:00
U.S., UKRAINE NUCLEAR CONTRACT
In September a suite of deals between Ukraine and the USA specified that five new reactors could be built "using AP1000 technology".