News
2023, January, 23, 12:35:00
EUROPEAN GAS PRICES UPDOWN
Dutch front-month futures, were 0.2% lower at €66.80 a megawatt-hour by 8:58 a.m. in Amsterdam, after rising as much as 3.1% earlier.
2023, January, 23, 12:25:00
CHINA'S ENERGY UP
China’s National Energy administration (NEA) has announced that the country’s installed capacity increased by nearly 8% 2022.
2023, January, 23, 12:20:00
U.S. CLEAN ENERGY PROGRAMS $9 BLN
DOE also released an RFI seeking input on nearly $9 billion for the Home Energy Rebate Program, funded by President Biden’s Inflation Reduction Act that will provide record breaking funding to help Americans cut energy costs in their homes through energy efficiency and electrification of home appliances and equipment.
2023, January, 23, 12:15:00
U.S. NUCLEAR FUEL FOR SPAIN
In September, Westinghouse and Enusa announced their intention to collaborate on VVER-440 fuel fabrication with the aim of delivering a Western alternative to Russian fuel in the European market VVER-440s currently use fuel from Rosatom’s TVEL.
2023, January, 23, 12:10:00
ITALIAN GAS INVESTMENT €10 BLN
Out of the total, €9bn will go to gas infrastructure, including €6.3bn in gas transportation (including the upgrade of the 430 km Adriatic Line onshore pipeline), €1.4bn in LNG infrastructure (purchase of of two new FSRU-based LNG terminals and development of related infrastructure), and €1.3bn in the expansion of gas storage capacity.
2023, January, 23, 12:05:00
NORWAY OIL, GAS PRODUCTION 1.983 MBD
Preliminary production figures for December 2022 show an average daily production of 1 983 000 barrels of oil, NGL and condensate.
2023, January, 20, 11:45:00
OIL PRICE: BRENT NEAR $87, WTI BELOW $81
Brent gained 26 cents, or 0.3%, to $86.42 a barrel, WTI advanced 43 cents to $80.76 per barrel.
2023, January, 20, 11:40:00
EUROPEAN GAS PRICES DECLINE
Dutch front-month futures, Europe’s gas benchmark, were 2.8% lower at €59 a megawatt-hour by 8:29 a.m. in Amsterdam.
2023, January, 20, 11:35:00
RUSSIAN DIESEL FOR EUROPE
As a result, Russian diesel makes up 27% of Europe's total 1.69 million b/d of imports in the period, the data showed.
2023, January, 20, 11:10:00
RUSSIAN NUCLEAR IS UNIQUE
“The Russian nuclear industry stands out as a rare – indeed unique – case of a high-technology sector that has not only recovered from the end of the Soviet era and the chaos that followed, but has developed an effective export strategy that has allowed it to prosper today as never before.”
2023, January, 20, 11:00:00
S.KOREA, UAE NUCLEAR COOPERATION
The United Arab Emirates (UAE) also decided to invest $30bn in South Korea's industries, South Korea's presidential office said.
2023, January, 20, 10:55:00
THE NEW BULGARIAN NUCLEAR
The aim of the energy strategy is for Bulgaria "to remain a leader in the production and export of electricity in the region".
2023, January, 20, 10:45:00
U.S. OIL INVENTORIES UP BY 8.4 MB TO 448.0 MB
U.S. commercial crude oil inventories increased by 8.4 million barrels to 448.0 million barrels.
2023, January, 18, 12:20:00
OIL PRICE: BRENT BELOW $87, WTI BELOW $81
Brent climbed 76 cents, or 0.88%, to $86.68 a barrel, WTI went up 85 cents, or 1.06%, to $81.03.
2023, January, 18, 12:15:00
EUROPEAN GAS PRICES REDUCTION
The region’s storage sites are around 81% full, some 20 percentage points above the five-year average. That’s providing confidence that Europe will end the winter with inventories over 50% and “more than enough gas to completely replenish its storage by the start of next winter,”