News
2020, April, 7, 12:10:00
ASIA'S SHARES UP
Asia's markets in Seoul, Shanghai and Hong Kong opened higher, then pared gains.
2020, April, 7, 12:05:00
U.S. GAS FUTURES UP
Front-month gas futures for May delivery on the New York Mercantile Exchange rose 11.0 cents, or 6.8%, to settle at $1.731 per million British thermal units.
2020, April, 7, 12:00:00
U.S. LNG TO CHINA UP
Four LNG tankers are currently enroute to China after loading cargoes last month in the United States,
2020, April, 7, 11:55:00
GLOBAL RENEWABLES UP 7.6%
IRENA’s annual Renewable Capacity Statistics 2020 shows that renewables expanded by 7.6 per cent last year with Asia dominating growth and accounting for 54 per cent of total additions. While expansion of renewables slowed last year, total renewable power growth outpaced fossil fuel growth by a factor of 2.6, continuing the dominance of renewables in power expansion first established in 2012. Solar and wind contributed 90 per cent of total renewable capacity added in 2019.
2020, April, 7, 11:50:00
AUSTRALIA'S ECONOMY DOWN
A very large economic contraction is, however, expected to be recorded in the June quarter and the unemployment rate is expected to increase to its highest level for many years.
2020, April, 7, 11:45:00
RUSSIA'S NUCLEAR FOR EGYPT
ROSATOM’s TVEL Fuel Company, and the Egyptian Atomic Energy Authority have signed 10-years term contract for supply of low-enriched nuclear fuel components,
2020, April, 6, 15:00:00
OIL PRICE: NEAR $33
Brent was down $1.23, or 3.6%, at $32.88 a barrel, WTI was $1.01, or 3.6%, lower at $27.33 a barrel
2020, April, 6, 14:40:00
SAUDI ARABIA, RUSSIA OIL DEAL
Saudi Arabia raised its crude output to 12.3 million bpd on April 1 and said it planned to export to more than 10 million bpd starting from April.
2020, April, 6, 14:35:00
#OilPriceWar: OPEC+ DELAY TO APRIL 9
"Russia was not a supporter of ending the OPEC+ deal. President Putin and the Russian side are overall inclined towards a constructive negotiation process, there is no alternative for stabilizing the international energy market,"
2020, April, 6, 14:10:00
ENERGY FOR SMART CITIES
A major shift in the transportation sector is underway towards greater electrification and intelligence in our cars, busses, trucks and rail systems and proliferation of our autonomous driving vehicles.
2020, April, 6, 14:00:00
WORLDWIDE RIG COUNT DOWN 161 TO 1,964
The worldwide rig count for February 2020 was 2,125, up 52 from the 2,073 counted in January 2020, and down 181 from the 2,306 counted in February 2019.
2020, April, 6, 13:55:00
U.S. RIGS DOWN 64 TO 664
U.S. Rig Count is down 64 rigs from last week to 664, Canada Rig Count is down 13 rigs from last week to 41
2020, April, 3, 12:20:00
OIL PRICE: NEAR $31
Brent gained 3.64% to $31.03, WTI fell 0.83% to $25.11.
2020, April, 3, 12:15:00
OPEC+ DISCUSSES REDUCTION
The OPEC+ crude oil exporter group is debating cutting global supply by 10 million barrels per day