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News
2019, November, 18, 12:50:00
INVESTING IN ENERGY STORAGE
There’s a need for all stakeholders to be engaged in the conversation about how we transition to smarter, cleaner, and safer mobility systems. The investment and infrastructure to support electric mobility will vary significantly from one place to another, thus any approach needs to be market specific.
News
2019, November, 18, 12:45:00
AES STREAMLINES ASSET MANAGEMENT
AES is a Fortune 500 global power company that provides affordable, sustainable energy across 14 countries. Efficient processes are key to business success. Measure solved pain points that plagued their inspection data workflow, including tools for better aerial data collection, automated data sorting, and visual data analysis. They eliminated manual processes such as manual entry of inspection results into SAP.
News
2019, November, 18, 12:40:00
U.S. INDUSTRIAL PRODUCTION DOWN 0.8%
U.S. Industrial production fell 0.8 percent in October after declining 0.3 percent in September. Manufacturing production decreased 0.6 percent in October.
News
2019, November, 18, 12:35:00
U.S. RIGS DOWN 11 TO 806
U.S. Rig Count is down 11 rigs from last week to 806, Canada Rig Count is down 6 rigs from last week to 134
News
2019, November, 15, 14:45:00
OIL PRICE: NOT ABOVE $62 YET
Brent was down 43 cents at $61.85 a barrel , WTI slipped 22 cents to $56.55 a barrel.
News
2019, November, 15, 14:20:00
OIL PRICES 2019-20: $64-$60
Brent crude oil spot prices averaged $60 per barrel (b) in October, down $3/b from September and down $21/b from October 2018. EIA forecasts Brent spot prices will average $60/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.
News
2019, November, 15, 14:15:00
UAE, EGYPT INVESTMENT PLATFORM $20 BLN
Sheikh Mohamed also announced the launch of a joint investment platform worth of $20 billion (Dh73,454,000,000) for implementing vital projects.
News
2019, November, 15, 14:10:00
CHINA'S OIL THROUGHPUT UP TO 13.68 MBD
Crude oil throughput at China's domestic refineries jumped 9.2% year on year in October, to breach the 13 million b/d mark for the second time ever, at 13.68 million b/d,
News
2019, November, 15, 14:00:00
U.S. SHALE FREEZING
Blistering growth in shale fields propelled U.S. crude output to a record 13 million barrels per day (bpd) this month.
News
2019, November, 15, 13:55:00
CHINA NEED COAL
BP's Energy Outlook estimates coal's share of China's energy mix to fall to 35% in 2040 from 60% in 2017, but for the country to remain the world's largest consumer of coal and account for 39% of global coal demand in 2040.
News
2019, November, 15, 13:50:00
NORD STREAM 2 AMENDMENTS
"The law implements a European compromise, in which we, together with France and the Commission and other member states played a major role," Altmaier said.
News
2019, November, 15, 13:45:00
U.S. DECARBONISATION 2050
A U.S. Climate Agenda recommends that a U.S. decarbonization strategy be guided by these key objectives: achieving net-zero emissions no later than 2050,
News
2019, November, 13, 13:05:00
OIL PRICE: NOT ABOVE $62 AGAIN
Brent edged down 32 cents, or 0.5%, to $61.74 a barrel , WTI was at $56.54, down 26 cents or 0.5%.
News
2019, November, 13, 13:00:00
NEW ENERGY ERA
Delivering the opening keynote address, at the event, Dr. Al Jaber said the oil and gas industry is being disrupted by new technologies, new business models, new forms of energy and a new geopolitical order, with the rise of Asia.
News
2019, November, 13, 12:55:00
GLOBAL OIL DEMAND PLATEAU: 2030
Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century