News
2022, February, 10, 15:20:00
OIL PRICE: NEAR $92 ANEW
Brent rose 34 cents, or 0.4%, to $91.89 a barrel, WTI was at $90.17 a barrel, up 51 cents, or 0.6%.
2022, February, 10, 15:15:00
GERMANY'S GAS STORAGE DROPS
Stocks were now at 35%-36%, under the "critical level" of 40%, which the German government deems is necessary to withstand seven straight days of an extreme cold snap.
2022, February, 10, 15:10:00
FAR IRANIAN DEAL
Indirect talks between Iran and the United States on salvaging the deal with world powers resumed on Tuesday after a 10-day break,
2022, February, 10, 15:05:00
EUROPEAN FUSION RECORD
The Joint European Torus (JET) is the largest and most powerful operational tokamak machine, where temperatures can reach levels 10 times hotter than the centre of the sun.
2022, February, 10, 15:00:00
NUCLEAR SMR FOR SOUTH AFRICA
South Africa is the only African country with an operational nuclear power plant.
2022, February, 10, 14:55:00
INDIA COAL PRODUCTION WILL RISE
India's coal demand stood at 905.88 million mt in 2020-21, with domestic supply contributing 690.89 million mt and imports at 214.99 million mt, the ministry data showed.
2022, February, 10, 14:50:00
U.S. OIL INVENTORIES DOWN BY 4.8 MB TO 410.4 MB
U.S. commercial crude oil inventories decreased by 4.8 million barrels from the previous week to 410.4 million barrels.
2022, February, 9, 12:30:00
OIL PRICE: NEAR $91 YET
Brent down 8 cents, or 0.1%, to $90.70 a barrel, WTI was at $89.18 a barrel, down 18 cents, or 0.2%.
2022, February, 9, 12:25:00
OIL PRICES 2022-23: $87-$68
This dynamic leads to rising global oil inventories from 2Q22 through the end of 2023, and the Brent spot price will fall to an average of $87/b in 2Q22 and $75/b in 4Q22. The Brent price will average $68/b for all of 2023.
2022, February, 9, 12:20:00
SAUDI ARABIA'S PRODUCTION CAPACITY 13.5 MBD
We are targeting our production capacity to become 13.4, 13.5 million barrels a day by 2027.
2022, February, 9, 12:15:00
IRAN SANCTIONS, GUARANTEES
“When it comes to the Vienna talks on the lifting of sanctions, one of the key issues is to get the necessary guarantees, especially from the Western parties, about the fulfilment of their commitments,”
2022, February, 9, 12:10:00
ENERGY RESOURCE ADEQUACY RISKS WILL UP
Throughout the West’s diverse energy resource portfolio, in recent years there has been a shift away from large baseload resources (e.g., coal, nuclear) toward more renewable and largely variable resources.
2022, February, 9, 12:05:00
MICRO NUCLEAR FOR ALASKA
USNC's MMR - a 15 MW thermal, 5 MW electrical high-temperature gas-cooled reactor - is currently undergoing licensing in Canada and the USA.
2022, February, 9, 12:00:00
CHINA COAL ELECTRICITY +2 GW, $1.1 BLN
The eastern Chinese coastal province of Zhejiang has approved the construction of a new 7 billion yuan ($1.10 billion) coal-fired power plant with 2 gigawatts (GW) of generating capacity
2022, February, 8, 14:15:00
OIL PRICE: NEAR $91
Brent was down 73 cents, or 0.8%, at $91.96 a barrel, WTI fell 52 cents, or 0.6%, at $90.80.
