News
2022, August, 3, 12:15:00
SAUDI'S INVESTMENT MARKETING $3.2 TLN
Saudi Arabia would be looking to secure investments in untapped business sectors, including green hydrogen, renewable energy, and information technology.
2022, August, 3, 12:10:00
U.S. SMR CERTIFICATION
Design certification means that the NRC has determined a nuclear power plant design meets all its applicable safety requirements, independent of an application to construct or operate a plant.
2022, August, 2, 12:40:00
OIL PRICE: BRENT NEAR $100, WTI ABOVE $93
Brent was down $1.40, or 1.4%, to $98.63 a barrel, WTI fell $1.00, or 1.1%, to $92.89.
2022, August, 2, 12:35:00
OPEC OIL PRICE: $110.9
The price of OPEC basket of thirteen crudes stood at $110.90 a barrel
2022, August, 2, 12:25:00
RUSSIAN OIL EXPORTS UP
The boom in STS activity involving Russian crude came as Moscow's seaborne oil exports defied Western sanctions to hit post-pandemic highs of 4 million b/d in April 2022.
2022, August, 2, 12:20:00
GIANT RUSSIAN NUCLEAR
Rosatom’s grip on the international nuclear-fuel cycle -- from mining uranium to engineering reactor assemblies -- makes it hard for Washington to exclude Russia from discussions about atomic power.
2022, August, 2, 12:15:00
EUROPEAN GAS PRICES GROWTH
Russia has cut exports to Europe to multiyear lows this summer -- supplying less than a third of normal volumes -- and there’s no clarity on further moves.
2022, August, 2, 12:10:00
THE NEW IRANIAN NUCLEAR
The reactor will be designed and constructed entirely by Iran and it and will complete Iran’s chain of research, assessment, test and certification for production of nuclear power.
2022, August, 2, 12:05:00
FRANCE'S WIND ENERGY 2 GW
The first project, with a capacity of 1 GW, may be supplemented later by a second plant of 1 GW, which could have either fixed foundations or floating wind turbines anchored to the ocean floor.
2022, August, 1, 11:15:00
OIL PRICE: BRENT ABOVE $103, WTI ABOVE $97
Brent were down 82 cents, or 0.8%, at $103.15 a barrel, WTI was at $97.44 a barrel, down $1.18, or 1.2%.
2022, August, 1, 11:10:00
OPEC OIL PRICE: $110.84
The price of OPEC basket of thirteen crudes stood at $110.84 a barrel
2022, August, 1, 11:00:00
OIL PRICES CAN RISE
The WTI crude oil appears to have recently bounced off the crucial support zone at about $93.00 per barrel. It has since edged higher to trade at $97.26, indicating progress in the recovery.
2022, August, 1, 10:50:00
RUSSIAN COAL FOR INDIA UP
Now the increase in Russian coal is pushing out US, South African, Australian, and some higher CV Indonesian coal.
2022, August, 1, 10:45:00
INDIA NEED COAL AGAIN
India's coal based generation accounted for 69.9% of the country's overall electricity generation of 1,490.277 billion units in fiscal year 2021-22 (April-March), a growth of 9.5% from a year ago.
2022, August, 1, 10:40:00
U.S. SELLS 20 MB
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced an additional Notice of Sale of up to 20 million additional barrels of crude oil from the Strategic Petroleum Reserve (SPR).
