News
2024, December, 17, 06:25:00
BRITAIN BATTERY FOR THOUSANDS
The battery is based on the radioactive isotope carbon-14. It uses its radioactive decay - it has a half-life of 5,700 years - to generate low levels of power.
2024, December, 17, 06:20:00
GERMANY'S WIND POWER 4 GW
The values of the successful bids range from €6.93c/kWh to the maximum permissible value of €7.35c/kWh. The average price stood at €7.15c/kWh, compared to €7.33c/kWh in the previous round.
2024, December, 17, 06:15:00
GLOBAL MARKETS(2025) : CARTE BLANCHE
Our forecast Henry Hub natural gas spot price:
Nov. 2024 average: ~$2.10/MMBtu
Rest of winter average: ~$3.00/MMBtu
2024, December, 13, 07:05:00
OIL PRICE: BRENT ABOVE $73, WTI ABOVE $70
Brent edged up 7 cents to $73.48 a barrel, WTI was at $70.11 a barrel, up 9 cents.
2024, December, 13, 06:55:00
OPEC+ RUSSIA: ADJUSTMENTS 2.2 MBD
The meeting was conducted to reinforce the precautionary efforts of OPEC+ countries, aiming to support the stability and balance of oil markets. The aforementioned countries decided, in addition to the latest decisions from the 38th ONOMM, to extend the additional voluntary adjustments of 1.65 million barrels per day that were announced in April 2023, until the end of December 2026.
2024, December, 13, 06:50:00
EUROPEAN ENERGY CRISIS
Europe was not yet out of an energy crisis that began with Russia's invasion of Ukraine in 2022.
2024, December, 13, 06:45:00
INDIA NEED RUSSIAN OIL
India's rising Russian imports have come at the expense of rival Middle Eastern producers. The Reliance-Rosneft deal would represent another challenge for competitors, including Saudi Arabia.
2024, December, 13, 06:40:00
BRITAIN ENERGY INVESTMENT €26.7 BLN
The investment is aimed at meeting climate change and energy security targets for the UK, delivering a pathway to net zero emissions and helping the UK reach its goal of a decarbonised electricity sector by 2030.
2024, December, 13, 06:35:00
GREEN HYDROGEN ENERGY TRANSITION
An integrated approach to drive sustainable development goals opens new pathways in green hydrogen applications in industries, utilities and transport sector.
2024, December, 13, 06:30:00
WORLDWIDE RIG COUNT DOWN 46 TO 1,708
The Worldwide Rig Count for November was 1,708, down 46 from the 1,754 counted in October 2024, and down 86, from the 1,794 counted in November 2023.
2024, December, 6, 07:00:00
OIL PRICE: BRENT NEAR $72, WTI ABOVE $68
Brent fell 6 cents, or 0.1%, to $72.03 per barrel, WTI lost 1 cent to $68.29 per barrel.
2024, December, 6, 06:35:00
RUSSIAN NUCLEAR FOR ETHIOPIA
Rosatom will shortly begin work on the analysis of Ethiopia’s non-energy sector, will assess the technology needs of various segments of the economy that can be implemented at key facilities of the centre.
2024, December, 6, 06:30:00
GLOBAL ELECTRICITY DEMAND UP
The demand for electricity is rising rapidly. Onshoring of manufacturing, EVs (both private and commercial) and, most importantly, data centers, serving the demand for AI, are all staking their claim to more electricity.
2024, December, 6, 06:25:00
BRITAIN NUCLEAR EXTENSION
Just last week, the Britain Remade campaign group said hitting the UK's target for a clean energy grid by 2030 will be "almost impossible" without extending the operation of some of the country's nuclear power plants.
2024, December, 6, 06:20:00
NIGER NUCLEAR CONTROL
Arlit is Orano's only currently operational uranium mine in Niger.