News
2022, September, 27, 16:25:00
ARTIFICIAL INTELLIGENCE FOR ENERGY TRANSITION
Smart energy systems are the future of clean energy. Apart from AI, technologies such as ML and blockchain in the energy sector also significantly impact the shift toward sustainable energy.
2022, September, 27, 16:20:00
U.S. RIGS UP 1 TO 764
U.S. Rig Count is up 1 from last week to 764, Canada Rig Count is up 4 from last week to 215
2022, September, 22, 16:35:00
OIL PRICE: BRENT NEAR $92, WTI NEAR $85
Brent were up 70 cents, or 0.78%, to $90.53, WTI was up 71 cents, or 86%, at $83.65.
2022, September, 22, 16:30:00
EUROPEAN ENERGY CRISIS PLAN
The European Commission aims to publish Sept. 28 a document detailing future steps to ease volatility and increase trading volume in energy markets after surging prices led to ballooning margin calls
2022, September, 22, 16:25:00
GERMANY NATIONALIZE ENERGY
Germany has unveiled an €8bn package, which comes in addition to prior bailout packages, with the objective to finance and acquire Uniper, as well as help it maintain operations, amid unstable gas supplies and soaring energy prices.
2022, September, 22, 16:20:00
GERMANY'S LNG TERMINAL
Deutsche ReGas has started building a 4.5 bcm/year LNG import terminal, named Deutsche Ostee, in Lubmin in the northeast of Germany.
2022, September, 22, 16:15:00
NUCLEAR FOR NETHERLANDS
Dutch Minister of Health, Welfare and Sport Ernst Kuipers has announced that money has been allocated for the construction of the Pallas reactor at Petten, in The Netherlands. The ministry reserves €30 million ($29.5m) for the project this year and €129 million a year from next year.
2022, September, 22, 16:15:00
NETHERLANDS REDUCING GAS PRODUCTION
The Groningen gas field's output is due to be lowered to 2.8 bcm in the 12 months through to the end of September 2023, ahead of its planned closure at the end of that year.
2022, September, 22, 16:10:00
INDIA NEED LNG
Indian Oil Corp. issued an LNG tender seeking an Oct. 7-8 DES Dahej cargo, while GAIL issued a tender seeking four Oct. 1-Nov. 14 DES cargoes. The tenders closed Sept. 15.
2022, September, 22, 16:05:00
INDIA'S RENEWABLES 1.5 GW
In 2021, solar and wind accounted for nearly 20% of installed capacity in India, with respectively 49 GW and 40 GW. The country aims to develop 175 GW of renewable capacity by the end of 2022, including 100 GW of solar.
2022, September, 22, 16:00:00
U.S. OIL INVENTORIES UP BY 1.1 MB TO 430.8 MB
U.S. commercial crude oil inventories increased by 1.1 million barrels to 430.8 million barrels.
2022, September, 21, 14:20:00
ОБРАЩЕНИЕ ПРЕЗИДЕНТА РОССИЙСКОЙ ФЕДЕРАЦИИ
Тема выступления – ситуация на Донбассе и ход специальной военной операции по его освобождению от неонацистского режима, захватившего власть на Украине в 2014 году в результате вооружённого государственного переворота.
2022, September, 21, 14:15:00
OIL PRICE: BRENT NEAR $93, WTI NEAR $86
Brent rose $2.28, or 2.5%, to $92.90 a barrel, WTI was at $86.16 a barrel, up$2.22, or 2.6%.
2022, September, 21, 14:05:00
EUROPEAN GAS PRICES UP ANEW
Benchmark futures jumped as much as 10% for a second day of gains. In the latest move to ensure supply, Germany said it will nationalize Uniper SE and avert a collapse of the energy sector with winter just days away.
2022, September, 21, 14:00:00
INCREASING RUSSIA SANCTIONS
G7 countries have also agreed to finalize a price cap for Russian crude. The US Treasury has indicated that three separate price caps will be introduced -- for crude, high-value refined products and low-value refined products.