News
2021, November, 29, 12:00:00
OIL PRICE: NEAR $76
Brent climbed $3.17, or 4.4%, to $75.89 a barrel, WTI was up $3.35, or 4.9%, at $71.50 a barrel.
2021, November, 29, 11:55:00
OPEC+ WARINESS
OPEC+ ministers, led by Saudi Arabia and Russia, are meeting after Dated Brent nosedived 11% on Nov. 26, sending shock waves into the energy market as news of the Omicron variant outbreak led to bans on flights from South Africa.
2021, November, 29, 11:50:00
IRAN OIL WILL UP TO 5 MBD
NIOC has planned that, God willing, if the assumptions and requirements of these plans are provided, in the next 10 years, daily gas production will reach 1.5 billion cubic meters and crude oil production capacity will reach 5 million barrels.
2021, November, 29, 11:45:00
GERMANY WITHOUT COAL BY 2030
Germany will also support the extension of carbon trading to providers of heating and transport, and the introduction of a CO2 border adjustment mechanism at the EU level.
2021, November, 29, 11:40:00
VIETNAM'S ENERGY IMBALANCE
The rapid reduction of emissions necessary to cope with climate change will have a huge impact on Vietnam’s energy industry, and is possibly closely linked to short-term policies to develop new and renewable energy sources,
2021, November, 29, 11:35:00
VIETNAM GAS PROJECT
Ca Voi Xanh, one of the largest gas fields discovered in Vietnam, also involves building a pipeline connecting the field to a gas processing plant and associated power and plants.
2021, November, 29, 11:30:00
RENEWABLES FOR GREECE $2.5 BLN
Greece, aiming for renewables to account for 61% of final electricity consumption by 2030 from 29% last year, wants to shorten its permitting process to about two to three years.
2021, November, 26, 12:15:00
OIL PRICE: NEAR $79
Brent fell $4.07, or 4.9%, to $78.15 a barrel, WTI was down $4.83, or 6.1%, at $73.56 a barrel.
2021, November, 26, 12:00:00
LASER FUSION POWER
Laser fusion is a method of igniting nuclear fusion reactions and is a potential alternative to magnetic confinement.
2021, November, 26, 11:55:00
U.S. NUCLEAR SUPPORT
US support for nuclear energy has grown 10 percentage points from 2018 to 2021, with 59% overall now saying they are strongly or somewhat in support.
2021, November, 26, 11:50:00
UZBEKISTAN RENEWABLE TARGET 8 GW
Solar and wind currently account for less than 1% of the country’s installed capacity, with 4 MW and 1 MW, respectively.
2021, November, 26, 11:45:00
GAZPROM INVESTMENT 2022: RUB 1.8 TLN
Overall amount of Gazprom's investments to be used in 2022: RUB 1,757.7 billion.
Gazprom's borrowings for 2022: RUB 272.789 billion.
Final investment program and budget will be approved by the Gazprom Board of Directors.
2021, November, 26, 11:40:00
U.S. OIL INVENTORIES UP BY 1.0 MB TO 434.0 MB
U.S. commercial crude oil inventories increased by 1.0 million barrels from the previous week to 434.0 million barrels.
2021, November, 25, 16:00:00
OIL PRICE: NOT BELOW $82
Brent gained 7 cents to $82.32 a barrel, WTI fell 12 cents, or 0.2%, to $78.27 a barrel.
2021, November, 25, 15:55:00
OPEC+ SUPPORT
The meetings will decide the group's January production levels. The existing pact calls on OPEC+ countries to hike output quotas by 400,000 b/d, though the volumes can be changed per market conditions.