News
2021, November, 15, 11:55:00
GLOBAL CLIMATE CONSENSUS $100 BLN
Under the UK presidency and with the support of the UNFCCC Secretariat, delegates forged agreements that strengthen ambition in the three pillars of collective climate action.
2021, November, 15, 11:50:00
CHINA COAL PRODUCTION UP
China has approved expansions at more than 153 coal mines, which could add 55 million tonnes of coal output in the fourth quarter, the National Development and Reform Commission (NDRC) said last month.
2021, November, 15, 11:45:00
BRAZIL ELECTRICITY DEMAND +3.5%
Electricity consumption in Brazil should increase by an average 3.5%/year over the 2021-2031 period
2021, November, 15, 11:40:00
INDIA'S RENEWABLE INVESTMENT $20 BLN
Overall, AGEL's investments in renewables and hydrogen could total US$70bn by 2030.
2021, November, 15, 11:35:00
IRAQ GAS DEVELOPMENT
The majority of Iraq's gas output is pumped with oil and the associated gas is mostly flared. Iraq was the world's second-worst flaring nation after Russia in 2020, according to the World Bank.
2021, November, 15, 11:30:00
S.KOREA WITHOUT COAL
KEPCO is responsible for most of South Korea’s power production with an installed capacity of around 91 GW (around 70% of the total capacity in 2020), including 38 GW of coal, 24 GW of nuclear and 19 GW of gas.
2021, November, 15, 11:25:00
NETHERLANDS RENEWABLES + 10.7GW
The Netherlands aims to cut greenhouse gas (GHG) emissions by 49% by 2030 compared to 1990 CO2 levels, and by 95% by 2050.
2021, November, 15, 11:20:00
U.S. RIGS UP 6 TO 556
U.S. Rig Count is up 6 from last week to 556, Canada Rig Count is up 8 from last week to 168.
2021, November, 12, 12:40:00
OIL PRICE: NEAR $82 ANEW
Brent gained 70 cents, or 0.85%, to $83.34 a barrel , WTI rose 79 cents, or 1%, to $82.13.
2021, November, 12, 12:35:00
GLOBAL OIL DEMAND 2021: + 5.7 MBD
World oil demand growth in 2021 is revised lower by around 0.16 mb/d, compared to last month’s assessment, to stand at 5.7 mb/d.
2021, November, 12, 12:25:00
LIMITED OIL GAS PRODUCTION
At the end of 2019, combined oil output from ExxonMobil, BP, Shell, Chevron, TotalEnergues, Equinor, ConocoPhillips, and Eni stood at 13.3 million b/d, or about 13% of total global supplies,
2021, November, 12, 12:20:00
IRAN GAS INVESTMENT $11 BLN
Gas accounts for around 70% of fuel use in Iran, with the household sector being the largest consumer at up to 400 million cu m/d on cold days, followed by power plants and petrochemical facilities.
2021, November, 12, 12:15:00
U.S. FUSION DEVELOPMENT
“There's a real future for fusion to be part of this climate change and clean energy discussion,” said Kirtley, adding that other fusion energy companies were also pushing the timeline forward.
2021, November, 12, 12:10:00
U.S. OIL INVENTORIES UP BY 1.0 MB TO 435.1 MB
U.S. commercial crude oil inventories increased by 1.0 million barrels from the previous week to 435.1 million barrels.
2021, November, 11, 15:15:00
OIL PRICE: NEAR $82
Brent gained 70 cents, or 0.85%, to $83.34 a barrel , WTI rose 79 cents, or 1%, to $82.13.