News
2020, September, 7, 11:00:00
HYDROGEN FOR ENERGY TRANSITION
Today we do not yet have a Hydrogen infrastructure, market and price competitiveness, or overarching policies to build into a movement that shifts the energy needle.
2020, September, 7, 10:55:00
NUCLEAR FOR ENERGY TRANSITION
Nuclear power, hydro, wind and solar are some of clean energy sources.
2020, September, 7, 10:50:00
WORLDWIDE RIG COUNT UP 20 TO 1,050
The worldwide rig count for August 2020 was 1,050, up 20 from the 1,030 counted in July 2020
2020, September, 7, 10:45:00
U.S. RIGS UP 2 TO 256
U.S. Rig Count is up 2 from last week to 256, Canada Rig Count is down 2 rigs from last week to 52
2020, September, 4, 12:30:00
OIL PRICE: NOT BELOW $44
Brent was up 5 cents, or 0.1%, to $44.12, WTI fell 3 cents to $41.34
2020, September, 4, 12:25:00
U.S., IRAN, UAE, CHINA SANCTIONS
U.S. sanctioned Iran-based Abadan Refining; China-based Zhihang Ship Management, New Far International Logistics and Sino Energy Shipping; and UAE-based Chemtrans Petrochemicals Trading.
2020, September, 4, 12:20:00
FOSSIL VS RENEWABLES SUBSIDIES
“What’s quite staggering here is that direct and indirect subsidies to fossil fuels are almost 20 times higher than to renewable energy,” said Michael Taylor, head of renewable cost status and outlook at Irena.
2020, September, 4, 12:15:00
GLOBAL NUCLEAR CHANGES
although the nuclear industry accounts for and manages all the radioactive waste it produces, the back-end of the nuclear fuel cycle is viewed externally "as presenting unsolved issues".
2020, September, 4, 12:05:00
U.S. INTERNATIONAL TRADE DEFICIT $63.6 BLN
The U.S. goods and services deficit was $63.6 billion in July
2020, September, 4, 12:00:00
BRITAIN'S NUCLEAR: CHEAPER
nuclear power is vital to achieving Net Zero by 2050, whilst creating jobs and economic opportunities across the UK.
2020, September, 4, 11:55:00
U.S. HYDROGEN INVESTMENT $3 BLN
Power producers Danskammer Energy LLC, Balico LLC and EmberClear are paying Mitsubishi Power Americas Inc. more than $3 billion for the facilities, which will collectively generate 3,284 megawatts of electricity
2020, September, 3, 12:50:00
OIL PRICE: BELOW $44
Brent fell 79 cents, or 1.8%, to $43.64 a barrel, WTI were down 67 cents, or 1.6%, at $40.84 a barrel.
2020, September, 3, 12:45:00
U.S. OIL INVENTORIES DOWN BY 9.4 MB TO 498.4 MB
U.S. commercial crude oil inventories decreased by 9.4 million barrels to 498.4 million barrels,
2020, September, 3, 12:40:00
GAS MARKET UP
On Aug. 31, October natural-gas futures settled at $2.63 per million British thermal units, with front-month prices climbing by roughly 46% for the month to date.
2020, September, 3, 12:35:00
U.S. LNG WILL UP
LNG became “the worst-performing global energy commodity” during the pandemic, the Institute for Energy Economics and Financial Analysis (IEEFA) said on July 29.