News
2022, December, 2, 09:45:00
EUROPEAN GAS PRICES UPDOWN AGAIN
Gas prices are four times higher than normal for this time of year, fueling inflation and hurting economies.
2022, December, 2, 09:35:00
FRANCE'S COAL ENERGY UP
The plant in the northeastern town of Saint-Avold indeed halted coal production as scheduled earlier this year — but not for long. This week, its workers were back at the controls, transporting coal from storage heaps and refiring furnaces, as part of emergency efforts to keep the heat and electricity on this winter.
2022, December, 2, 09:30:00
NETHERLANDS NUCLEAR INVESTMENT €5 BLN
Some €5 billion ($5.22bn) has been released for the first steps but the cabinet has not said exactly how much the government will ultimately contribute.
2022, December, 2, 09:25:00
U.S. OIL INVENTORIES DOWN BY 12.6 MB TO 419.1 MB
U.S. commercial crude oil inventories decreased by 12.6 million barrels to 419.1 million barrels.
2022, November, 30, 11:55:00
OIL PRICE: BRENT NEAR $84, WTI BELOW $79
Brent had firmed 70 cents or 0.84% to $83.73 per barrel, WTI climbed 56 cents or 0.72% to $78.76 per barrel.
2022, November, 30, 11:45:00
EUROPEAN GAS PRICES UP ANEW
With Russia cutting most of its gas supplies to Europe in the fallout over Moscow’s war in Ukraine, the continent is set to delve further into its stockpiles that it has spent months accumulating.
2022, November, 30, 11:40:00
EUROPEAN GAS LIMITS
The EU aims to end its reliance on Russian fossil fuels by 2027. For now, Moscow’s move to halt supplies through the main Nord Stream 1 pipeline has led the bloc to increase shipments of Russian seaborne gas by around 50 per cent.
2022, November, 30, 11:35:00
EUROPEAN ENERGY NEED FUNDS
The European Union needs additional funds to decouple from Russian gas and shield companies and households from the current energy crisis,
2022, November, 30, 11:30:00
EUROPEAN LNG WILL UP
Since Russia’s full-scale invasion of Ukraine in February 2022 and the reduction in natural gas pipeline imports from Russia that followed, European countries have reactivated development of previously dormant regasification projects and have started development of new projects.
2022, November, 30, 11:25:00
QATAR LNG FOR GERMANY
Qatar, one of the world's largest LNG exporters, has been courted by European countries, including Germany and the UK, in recent months as they seek improved gas supply security amid stubbornly high prices.
2022, November, 30, 11:20:00
BRITAIN'S NUCLEAR INVESTMENT
The plan is for Sizewell C to feature two EPRs producing 3.2 GW of electricity, enough to power the equivalent of around six million homes.
2022, November, 30, 11:15:00
CANADA'S SMR DEVELOPMENT
The ARC-100 has also been selected for a demonstration project at NB Power's existing Point Lepreau nuclear power plant site as part of a joint strategic plan for SMR deployment set out earlier this year by the provincial governments of Ontario, Saskatchewan, New Brunswick and Alberta Canada’s SMR Roadmap.
2022, November, 30, 11:10:00
UZBEKISTAN'S URANIUM RISE
The new agreement lays the foundations of an "exclusive strategic alliance for the development of new uranium mines in Uzbekistan, beyond the Djengeldi project" and is a "significant broadening of the scope of the collaboration", Orano said.
2022, November, 28, 10:25:00
OIL PRICE: BRENT BELOW $82, WTI BELOW $75
Brent dropped $2.16, or 2.6%, to trade at $81.47 a barrel, WTI slid $2.08, or 2.7%, to $74.20 a barrel.
2022, November, 28, 10:20:00
OPEC EVALUATES THE MARKET
OPEC+ agreed on Oct. 5 to slash its production quotas by 2 million b/d starting in November, saying it was a "technical decision" aimed at averting the impact of a potential global recession.