News
2020, September, 22, 13:05:00
NORWAY'S, U.S. OIL FUND
Norway’s oil fund was originally set up to mirror as closely as possible the trading patterns of the Scandinavian country’s economy
2020, September, 22, 13:00:00
NUCLEAR ENERGY FOR CLIMATE
The latest IAEA annual projections show that nuclear power will continue to play a key role in the world’s low-carbon energy mix, with global nuclear electrical capacity seen nearly doubling by 2050 in our high case scenario. Climate change mitigation remains a key potential driver for maintaining and expanding the use of nuclear power.
2020, September, 22, 12:55:00
AUSTRALIA LNG STOP $50 BLN
Woodside, Santos and Oil Search put their expansion plans on ice when oil prices collapsed in March.
2020, September, 22, 12:50:00
VIETNAM ELECTRICITY DEMAND WILL UP
electricity demand in Vietnam is expected to increase by 7.5 to 8%/year until 2030.
2020, September, 21, 12:40:00
OIL PRICE: BELOW $43
Brent was down 33 cents, or 0.8%, at $42.82 a barrel, WTI was down 38 cents, or 0.9%, to $40.73 a barrel.
2020, September, 21, 12:35:00
OIL DEMAND WILL UP BY 6.6 MBD
2021 world oil demand is now forecast to grow by 6.6 mb/d, some 0.4 mb/d lower compared with the previous month’s assessment to average 96.9 mb/d.
2020, September, 21, 12:25:00
U.S. GAS DELIVERIES UP
Gas deliveries to the five other major US liquefaction terminals besides Cameron LNG totaled 8.04 Bcf/d
2020, September, 21, 12:20:00
CHINA'S GAS CONSUMPTION WILL UP
China's consumption of natural gas is estimated to expand by 13 billion cubic meters to 320 billion in 2020, according to the report compiled by the National Energy Administration together with two other think tanks.
2020, September, 21, 12:15:00
EGYPT GAS PRODUCTION UP
Egypt's gas fortunes turned around in 2015 when Italy's Eni discovered the 30 Tcf supergiant Zohr field in the Mediterranean, helping bring the North African country back to self-sufficiency in gas.
2020, September, 21, 12:10:00
ARTIFICIAL INTELLIGENCE FOR ENERGY UTILITIES
Energy utilities do not want to simply collect information. They need to correlate it, see connections, and make changes to improve the business.
2020, September, 21, 12:05:00
THE CRITICAL IMPORTANCE OF HYDROGEN
The addressable market for blue hydrogen could be worth GBP 1.5 billion to GBP 2 billion per annum in 2030.
2020, September, 21, 12:00:00
FRANCE'S RENEWABLE SUPPORT €6 BLN
In April 2020, the French government issued two decrees implementing the Multi-annual Energy Plan to 2028 (Programmation pluriannuelle de l’énergie, PPE) and the National Low Carbon Strategy, which were first released in January 2019.
2020, September, 21, 11:55:00
U.S. CARRENT ACCOUNT DEFICIT $170.5 BLN
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $59.0 billion, or 52.9 percent, to $170.5 billion in the second quarter of 2020
2020, September, 21, 11:50:00
RUSSIA IS BETTER
Russia's improvements were largely in health, reflected in better child and adult survival rates and reduced stunting.
2020, September, 21, 11:45:00
U.S. RIGS UP 1 TO 255
U.S. Rig Count is up 1 from last week to 255, Canada Rig Count is up 12 from last week to 64