News
2020, March, 4, 09:20:00
NORWAY FUND RENEWABLE INVESTMENT $11 BLN
Norway's fund aims to invest around $10.77 billion in unlisted renewable projects
2020, March, 4, 09:15:00
NUCLEAR POWER NATION: UAE
the UAE has officially become a peaceful nuclear energy operating nation.
2020, March, 4, 09:10:00
SAUDI ARABIA'S ECONOMY UP
Saudi Arabia's oil sector declined by 3.6 percent in 2019 dragging overall GDP growth to 0.3 percent
2020, March, 4, 09:05:00
AUSTRIA'S GDP GROWTH 1.25%
Expected Austria's GDP to increase around 1¼ percent this year, mainly supported again by domestic demand.
2020, March, 4, 09:00:00
U.S. FEDERAL FUNDS RATE 1.0-1.25%
the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1‑1/4 percent.
2020, March, 2, 13:05:00
OIL PRICE: NEAR $51 ANEW
Brent was at $51.91 a barrel, up $2.24 or 4.5%, WTI hit a 14-month low of $43.32, before recovering to $46.65, up $1.89, or 4.2%.
2020, March, 2, 13:00:00
BRENT PRICE LEVEL: $ 42.4
"I want to emphasize, for the Russian budget, for our economy, current oil prices are acceptable. Let me remind you that this year, as part of our macroeconomic policy, we took a Brent crude price of $42.40/b as the base level," Putin said during a meeting on the impact of the coronavirus on the global economy and the oil market with government ministers and representative of oil and gas companies.
2020, March, 2, 12:55:00
OPEC+ OIL CUTS
Despite heavy lobbying by Saudi Arabia, the 23-country coalition of OPEC and non-OPEC producers has yet to agree on any plans to rein in crude oil production further.
2020, March, 2, 12:50:00
RUSSIA'S OIL PRODUCTION 11.29 MBD
Russian oil output stood at 11.29 million barrels per day (bpd) in February,
2020, March, 2, 12:45:00
U.S. GAS PRODUCTION UP 8.2%
The preliminary level for dry natural gas production in December 2019 was 2,977 billion cubic feet (Bcf), or 96.0 Bcf/d. This level was 7.3 Bcf/d (8.2%) higher than the December 2018 level of 88.7 Bcf/d.
2020, March, 2, 12:40:00
U.S. WIND POWER UP
In 2019, U.S. annual wind generation exceeded hydroelectric generation for the first time, according to the U.S. Energy Information Administration (EIA).
2020, March, 2, 12:30:00
ROSNEFT'S NET INCOME $11 BLN
Net income attributable to Rosneft shareholders $10.9 bln
2020, March, 2, 12:25:00
ROSNEFT'S PRODUCTION 5.79 MBD
2019 AVERAGE DAILY HYDROCARBON PRODUCTION AMOUNTED TO 5.79 MMBOE, WHILE AVERAGE DAILY LIQUIDS PRODUCTION WAS AT 4.67 MMBBL, THE INDICATORS REMAINED AT 2018 LEVEL
2020, March, 2, 12:20:00
RUSSIA'S SOLAR PROTEIN
Scientists at the National Research Nuclear University MEPhI (Russia) have created a new type of solar panel based on hybrid material consisting of quantum dots (QDs) and photosensitive protein.
2020, March, 2, 12:10:00
SOLAR POWER CONFUSION
If it took a solar energy professional, such as myself, this long to understand what was being said, just consider what confusion others might have.