News
2020, November, 3, 13:00:00
RENEWABLE ENERGY FOR UAE
Strategic planning for a sustainable future Renewable energy is an essential requirement for sustainability and stands at the forefront of the UAE’s strategic priorities.
2020, November, 3, 12:55:00
CHINA'S REFINERY INVESTMENT $20 BLN
China has a refining capacity of 13.1 mb/d, i.e. 2.5 times as high as in 2000 (5.4 mb/d).
2020, November, 3, 12:50:00
SAUDI ARAMCO NET INCOME $11.8 BLN
Dhahran, Saudi Arabia, November 3, 2020 – The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its financial results for the third quarter of 2020.
2020, November, 3, 12:45:00
RUSSIA'S INVESTMENT TO IRAN €1.3 BLN
In September 2019, Russia awarded a €1.3bn funding to build the project, which will correspond to 85% of the total investment.
2020, November, 3, 12:40:00
CHINA'S WIND FOR UKRAINE $1 BLN
Wind accounts for around 2% of Ukraine’s installed capacity, with 1.3 GW (2019). Over 1.7 GW of wind projects are at various stages of development.
2020, November, 2, 17:25:00
OIL PRICE: ABOVE $37 AGAIN
Brent was down 80 cents, or 2.1%, at $37.14 a barrel, WTI fell 93 cents, or 2.6%, to $34.86.
2020, November, 2, 17:15:00
U.S. GAS PRODUCTION DOWN
The preliminary level for dry natural gas production in August 2020 was 2,801 billion cubic feet (Bcf), or 90.4 Bcf/d. This level was 4.5 Bcf/d (-4.7%) lower than the August 2019 level of 94.8 Bcf/d.
2020, November, 2, 17:10:00
P2P ENERGY TRADING AND BLOCKCHAIN
P2P electricity trading is based on an interconnected platform, that serves as an online marketplace where consumers and producers “meet” to trade electricity directly, without the need for an intermediary.
2020, November, 2, 17:05:00
P2P ENERGY TRADING
peer-to-peer (P2P) environment enabling a completely new energy marketplace to emerge.
2020, November, 2, 17:00:00
HYDROGEN FOR DECARBONIZATION
While burning hydrogen is a carbon neutral activity and impacts Scope 3 emissions positively, the hydrogen itself may not be produced in a carbon neutral application.
2020, November, 2, 16:55:00
U.S. RIGS UP 9 TO 296
U.S. Rig Count is up 9 from last week to 296, Canada Rig Count is up 3 from last week to 86.
2020, October, 30, 13:50:00
OIL PRICE: ABOVE $37
Brent slipped for a third day and was down 51 cents, 1.4%, at $37.14 a barrel, WTI declined 48 cents, or 1.3%, to $35.69 a barrel.
2020, October, 30, 13:45:00
EURO GDP UP 12.7%
Eurostat said gross domestic product in the 19 countries sharing the euro surged 12.7% quarter-on-quarter in the July-September period after a 11.8% contraction in the previous three months.
2020, October, 30, 13:40:00
RUSSIA'S GAS FOR TURKEY 1.37 BCM
Russia was Turkey's top gas import destination, supplying 1.37 bcm of natural gas while Azerbaijan and Iran followed with 986 and 406 mcm, respectively.
2020, October, 30, 13:35:00
U.S., BULGARIA NUCLEAR COOPERATION
The USA and Bulgaria recently signed a Memorandum of Understanding (MoU) on civil nuclear cooperation.