News
2021, November, 10, 11:40:00
MOZAMBIQUE LNG IS BETTER
In April, TotalEnergies declared force majeure on the Mozambique LNG project and removed all of its staff from the site, after Islamist militants attacked the nearby town of Palma in late March, killing dozens.
2021, November, 9, 17:25:00
OIL PRICE: NOT ABOVE $84
Brent rose 31 cents, or 0.4%, to $83.74 a barrel, WTI advanced 36 cents, or 0.4%, to $82.29
2021, November, 9, 17:20:00
GLOBAL OIL DEMAND GROWTH
This year, demand for petroleum, both in the United States and globally, has largely returned to the pre-pandemic levels in 2019. Demand has grown faster than supply, reducing inventories and contributing to higher prices for crude oil and petroleum products.
2021, November, 9, 17:15:00
GLOBAL GAS DEMAND GROWTH
"About 50% of the incremental global natural gas demand will come from Asia by 2035, with China and India as the main engines to boost the development of the LNG market," Luo said.
2021, November, 9, 17:10:00
GLOBAL CLIMATE +2.4C
"Even with all new Glasgow pledges for 2030, we will emit roughly twice as much in 2030 as required for 1.5°C,"
2021, November, 9, 17:05:00
U.S. LNG INCREASE
Despite a brief Covid-related output dip, US LNG exports rose 31% in 2020 to hit an all-time high of 2.4 trillion cubic feet (Tcf).
2021, November, 9, 17:00:00
RUSSIA'S NUCLEAR SAFETY
The five-day follow-up Corporate OSART mission, completed on 29 October, was carried out at the request of the Russian Government. Rosenergoatom is a subsidiary of the Russian state corporation Rosatom and currently owns and operates all 38 nuclear reactors across the Russian Federation.
2021, November, 9, 16:55:00
U.S., BRITAIN NUCLEAR COOPERATION
The meeting marked the launch of the US-UK Strategic Energy Dialogue, a commitment made by UK Prime Minister Boris Johnson and President Joe Biden in June 2021, to deepen collaboration in areas such as clean energy technologies, industrial decarbonisation, nuclear energy, and energy security, as well as science and innovation.
2021, November, 9, 16:50:00
U.S., ROMANIA NUCLEAR COOPERATION
Under the teaming agreement, NuScale will help Nuclearelectrica evaluate its technology, and together, the organisations will take steps toward deploying a first NuScale six-module, 462MWe, power plant in Romania as early as 2027/2028.
2021, November, 9, 16:45:00
UAE, IRENA RENEWABLE PLATFORM
The UAE and the International Renewable Energy Agency (IRENA) announced the launch of the global platform on the sidelines of COP26, in Glasgow, the United Kingdom.
2021, November, 9, 16:40:00
UAE NET ZERO
The Abu Dhabi Department of Energy confirmed key sector initiatives over the next decade to help accelerate the UAE’s sustainable economic growth while supporting its ambitious Net Zero By 2050 Strategic Initiative, during COP26 in Glasgow.
2021, November, 9, 16:35:00
JAPAN GEOTHERMAL ENERGY UP
The number of geothermal power plants in Japan has quadrupled since the 2011 nuclear disaster in Fukushima Prefecture, according to industry data.
2021, November, 8, 12:30:00
OIL PRICE: ABOVE $83 ANEW
Brent was up by 86 cents or 1% at $83.60 a barrel, WTI gained 89 cents or 1.1% to $82.16.
2021, November, 8, 12:25:00
OPEC+ 400 TBD
Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of December 2021, as per the attached schedule.
2021, November, 8, 12:20:00
NUCLEAR NEEDS TO DOUBLE
"One of the facts in that report is in my view very pertinent. In order to reach energy and climate goals nuclear generation needs to double compared to today,"