News
2021, June, 8, 13:30:00
GAZPROM, OMV STRATEGIC COOPERATION
The parties looked into the current issues and prospects of their strategic cooperation.
2021, June, 8, 13:25:00
GAZPROM, WINTERSHALL COOPERATION
The parties discussed current issues of their cooperation, paying special attention to joint projects.
2021, June, 8, 13:20:00
DUBAI CLEAN ENERGY 12.9 GW
Dubai Electricity and Water Authority (DEWA) has announced that its installed capacity has reached 12,900 megawatts (MW) of electricity and 490 million imperial gallons of desalinated water per day (MIGD) thanks to its state-of-the-art infrastructure, innovation and planning.
2021, June, 8, 13:15:00
WORLDWIDE RIG COUNT UP 73 TO 1,262
The Worldwide Rig Count for May was 1,262, up 73 from the 1,189 counted in April 2021
2021, June, 7, 12:30:00
OIL PRICE: ABOVE $71 ANEW
Brent fell 35 cents, or 0.5%, to $71.54 a barrel , WTI reversed course to trade at $69.22, down 40 cents or 0.6%.
2021, June, 7, 12:15:00
NUCLEAR POWER HELP CLIMATE
Today, nuclear energy plays a critical role in the fight against climate change.
2021, June, 7, 11:50:00
GERMANY'S CLIMATE INVESTMENT $9.6 BLN
The measures starting 2022 were needed to deliver on a new 2030 climate law draft
2021, June, 7, 11:40:00
S. KOREA'S LNG DEMAND WILL UP
S Korea's LNG demand has been on the rise on hopes of a postpandemic economic recovery as well as the shutdown of a few nuclear reactors.
2021, June, 7, 11:30:00
U.S. RIGS DOWN 1 TO 456
U.S. Rig Count is down 1 from last week to 456 , Canada Rig Count is up 15 from last week to 77.
2021, June, 4, 12:20:00
OIL PRICE: ABOVE $71
Brent rose 33 cents, or 0.5%, to $71.64 a barrel , WTI was up 22 cents, or 0.3%, at $69.03.
2021, June, 4, 12:10:00
GLOBAL ENERGY INVESTMENT WILL UP TO $1.9 TLN
In 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production.
2021, June, 4, 12:05:00
NUCLEAR FOR ZERO
Nuclear has a reliability factor of 80-90% (with many plants above 90%), compared with wind at 30-40% and solar at 10-25%.
2021, June, 4, 12:00:00
IRAN'S OIL FOR ASIA
"Japanese refiners will buy Iranian crude. Iranian crude is impossible to replace by other grades and are unique,"
2021, June, 4, 11:55:00
NORTH MACEDONIA ENERGY INVESTMENT €3.1 BLN
North Macedonia has unveiled an €8.2bn investment plan for the 2021-2027 period, including €3.1bn for the energy sector.
2021, June, 4, 11:50:00
SOUTH AFRICA SOLAR INVESTMENT $1 BLN
Located in the Northern Cape province, the projects, which would require a US$1bn investment, include a 225 MW/1,140 MWh battery storage.