News
2021, February, 25, 12:25:00
OIL PRICE: ABOVE $67
Brent gained 37 cents, 0.6%, to $67.41 a barrel. WTI was at $63.54 a barrel, up 32 cents, 0.5%.
2021, February, 25, 12:15:00
NORD STREAM 2 SANCTIONS: NOT ENOUGH
There had been calls for the Biden administration to intensify sanctions designations to include a wide range of companies involved in the construction of Nord Stream 2, including service companies, insurers and certification companies.
2021, February, 25, 12:10:00
EUROPE'S CLIMATE STRATEGY
Economic losses from more frequent climate-related extreme weather are increasing. In the EU, these losses alone already average over €12 billion per year.
2021, February, 25, 12:05:00
IRAQ'S OIL EXPORTS 2.7 MBD
Iraq’s oil exports from its southern ports are stable at 2.7 million barrels per day (bpd) so far in February
2021, February, 25, 12:00:00
RELIABLE ENERGY IS NEEDED
"At the end of the day our customers want reliable energy. For us natural gas is the complement to renewable energy — there is no way to think of a reliable system without having a flexible way to produce electricity. Gas is offering this flexibility,"
2021, February, 25, 11:55:00
TEXAS GAS PRICES UP 10,000%
The unusually cold temperatures caused life-threatening blackouts that left millions of Texans without power for days. And although residents of that state suffered the brunt of the energy crisis, the repercussions spread across the country.
2021, February, 25, 11:45:00
U.S. OIL INVENTORIES UP 1.3 MB TO 463.0 MB
U.S. commercial crude oil inventories increased by 1.3 million barrels to 463.0 million barrels.
2021, February, 25, 11:40:00
EUROPE'S CLEAN ENERGY PARTNERSHIP EUR 10 BLN
The EU will provide nearly Eur10 billion of funding that the partners will match with at least an equivalent amount of investment, the EC said in a statement.
2021, February, 25, 11:35:00
UKRAINE NEEDS NUCLEAR POWER
Ukraine's electricity grid needs the construction of new nuclear power units, Yuriy Boyko, the country's deputy energy minister said last week.
2021, February, 25, 11:30:00
RUSSIA'S LNG FOR CHINA
The SPA stipulates the cumulative supply of more than three (3) million tons of LNG for a term of 15 years and will be delivered to LNG terminals in China on DES basis.
2021, February, 24, 11:05:00
OIL PRICE: NEAR $65 ANEW
Brent fell 35 cents, or 0.5%, to $65.02 a barrel. WTI were down 56 cents or 0.9% at $61.11 a barrel.
2021, February, 24, 11:00:00
NORD STREAM 2: SUPPORTING GERMANY
Despite U.S. sanctions against the pipeline, Berlin has stood by Nord Stream 2, which it says is a commercial project.
2021, February, 24, 10:55:00
NORD STREAM 2 SANCTIONS ANEW
President Joe Biden believes the pipeline is a "bad deal" for Europe, his spokeswoman Jen Psaki has said, and many U.S. lawmakers are pushing for sanctions.
2021, February, 24, 10:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
Oil demand to reach 102.6 million b/d by the fourth quarter of this year, the highest since Q4 2019 when it averaged 103.9 million b/d.
2021, February, 24, 10:45:00
INDIA'S INDEXES UP
The NSE Nifty 50 index was up 0.77% at 14,820.45 by 0450 GMT, while the S&P BSE Sensex gained 0.63% to 50,061.21.