News
2020, March, 4, 09:35:00
INDIA'S ELECTRICITY CONSUMPTION UP 7%
India’s annual electricity demand in 2019 grew at its slowest pace in six years, according to the CEA, amid a broader economic slowdown that resulted in a fall in sales of everything from cars to cookies, prompting some large-scale industries such as the automobile sector to slash jobs.
2020, March, 4, 09:30:00
RUSSIA, BULGARIA GAS PRICE DOWN 40%
Bulgaria imports 2.9 billion cubic meters of gas from Russia per year under a long-term contract valid through 2022.
2020, March, 4, 09:25:00
S.KOREA COAL POWER DOWN
The Ministry of Trade, Industry and Energy said in a statement that 21 to 28 coal-fired power plants would be closed from March 1 to March 31 in an effort to reduce emissions of fine dust.
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