News
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
2021, May, 7, 14:55:00
OPEC+ OVERPRODUCTION 3.3 MBD
Russia, the largest non-OPEC partner in the alliance, has increasingly flouted its cap over the last several months, with its excess production soaring to 877,000 b/d.
2021, May, 7, 14:50:00
REDUCING METHANE FOR CLIMATE
Methane is significantly more polluting than carbon dioxide, with estimates suggesting it is 84 times more potent than CO2 over a 20-year timeframe.
2021, May, 7, 14:45:00
MICRO NUCLEAR INTERNATIONAL
International collaboration is vital in developing and deploying new nuclear power technologies, such as small modular reactors (SMRs) including microreactors (MRs), and the IAEA is the natural place for this collaboration to take place
2021, May, 7, 14:40:00
GERMANY REDUCE EMISSIONS
According to preliminary data released by the Federal Environment Agency (UBA), Germany’s greenhouse gas (GHG) emissions decreased by 8.7% in 2020 to 739 MtCO2eq, corresponding to a 40.8% fall since 1990.
2021, May, 7, 14:35:00
WORLDWIDE RIG COUNT DOWN 43 TO 1,189
The Worldwide Rig Count for April was 1,189, down 43 from the 1,231 counted in March 2021
2021, May, 6, 13:40:00
OIL PRICE: NEAR $70 ANEW
Brent fell by 28 cents, or 0.4%, to $68.68 a barrel. WTI lost 31 cents, or 0.5%, to $65.32 a barrel.
2021, May, 6, 13:30:00
RUSSIA, CHINA LNG UP
Among countries, Russia, China, and Oman would be the top three countries globally for new build and expansion small-scale liquefaction capacity additions by 2025.
2021, May, 6, 13:25:00
U.S. SOLAR JOBS DOWN 7%
The decline extends a volatile period for solar sector jobs, which have yet to return to a peak reached in 2016 before the U.S. imposed tariffs on foreign-made panels that increased prices.
2021, May, 6, 13:20:00
S.KOREA'S RENEWABLE 2 GW
South Korea is expected to allocate 4 GW of solar capacity 2021 across two tenders. The second tender should take place in October 2021.
2021, May, 6, 13:15:00
UZBEKISTAN'S RENEWABLE 1.5 GW
ACWA Power has signed an implementation agreement with the Ministry of Investments and Foreign Trade and the Ministry of Energy of Uzbekistan to build a 1.5 GW wind project in Karakalpakstan, in western Uzbekistan.