News
2025, March, 19, 06:50:00
RUSSIAN GAS FOR EUROPE ANEW
There have also been reports that Nord Stream 2 could be taken under new ownership with a view to allowing Russian gas to flow via the undamaged string of the link.
2025, March, 19, 06:40:00
CHINA WITHOUT U.S. LNG
China is also boosting its energy security by focusing on producing more gas at home, which will help to curb import growth.
2025, March, 19, 06:35:00
RUSSIAN NUCLEAR FOR BRAZIL
The final product will be returned by December 2027 in the form of UF6 enriched to 4.25% and will be used in the manufacture of nuclear fuel for the Angra dos Reis NPP.
2025, March, 19, 06:30:00
INDIA NEED COAL
India’s energy landscape is a study in contrasts. On one hand, the country is a global leader in renewable energy adoption, with ambitious targets for solar and wind power. On the other, coal remains the backbone of its energy mix, accounting for 55% of the national energy supply and over 74% of power generation.
2025, March, 19, 06:25:00
INDIA NEED HYDROGEN
In the global race to achieve net-zero emissions, India stands at the threshold of a transformative clean energy revolution. Green hydrogen, a fuel produced through water electrolysis using renewable sources, has captured attention for its immense potential to cut carbon emissions and drive economic growth.
2025, March, 19, 06:20:00
ENERGY FOR ARTIFICIAL INTELLIGENCE
Artificial intelligence (AI) is transforming industries at an unprecedented pace, but its rapid adoption comes with a significant challenge: energy consumption.
2025, March, 19, 06:15:00
WORLDWIDE RIG COUNT UP 46 TO 1,741
The Worldwide Rig Count for February was 1,741, up 46 from the 1,696 counted in January 2025, and down 71, from the 1,813 counted in February 2024.
2025, March, 13, 07:00:00
OIL PRICE: BRENT NEAR $71, WTI ABOVE $67
Brent fell 5 cents to $70.9 a barrel, WTI shed 10 cents to $67.58 a barrel.
2025, March, 13, 06:55:00
OPEC+ OIL PRODUCTION WILL UP
Furthermore, the eight countries reiterated their collective commitment to full conformity with the additional voluntary production adjustments as agreed under the 53rd JMMC meeting on April 3, 2024. T
2025, March, 13, 06:50:00
IRAN NEED GAS
According to Iran’s oil ministry, Qatar has already implemented pressure enhancement schemes, boosting production on Qatar’s side of the field (called North Dome).
2025, March, 13, 06:45:00
FRENCH URANIUM UP
In October 2023, the board of directors of Orano approved an investment of about EUR1.7 billion to raise the production capacity of the plant. The decision followed requests from some US and European customers who are seeking alternatives to Russian sources of supply.
2025, March, 13, 06:40:00
BRITISH SPACE FUSION
The Sunbird concept is for the fusion-powered 'tugs' to be permanently based in space, able to dock on to spacecraft and propel them at high speed over vast distances. Pulsar Fusion says it foresees a compact nuclear fusion engine providing both thrust and electrical power for spacecraft, including as much as 2 MW of power on arrival at a destination.
2025, March, 13, 06:35:00
OIL FOR CUBA
The Boca de Jaruco field produces extra-viscous, extra-heavy oil (natural bitumen) from carbonate deposits using thermal steam methods. Zarubezhneft has quadrupled its annual production over the past five years, while the stock of production wells has remained unchanged at seven wells.
2025, March, 13, 06:30:00
THEMATIC MARKETS: RATIONAL EXUBERANCE
OIL Markets have been experiencing dehorning by the bears with the benchmark BRENT trading at $69.45/bbl and WTI Crude trading at $66.12/bbl.
We have seen a short squeeze on Natural Gas to $4.34/mmBtu pricing as plays within the COTs Reports have had sluggish skewness pushing prices higher currently at $4.50/mmBtu.Tread cautiously as this is thin ice.
2025, March, 7, 06:40:00
RUSSIAN GAS FOR EUROPE
While pipeline gas supplies from Russia cover less than 5% of Europe’s fuel needs after most major routes have been closed since 2022, the nation remains the second largest supplier of LNG to the EU. Purchases hit a record last year, with Spain, France and Belgium being the biggest buyers.