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News
2024, February, 28, 06:45:00
QATAR LNG WILL UP
Qatar’s push highlights the importance of gas for the country. Exports of the fuel are the country’s biggest revenue earner which has already made it one of the wealthiest countries and helped boost its global clout since it started shipments about two decades ago.
News
2024, February, 28, 06:40:00
DIGITAL ENERGY TRANSFORMATION
Digitalization in the energy sector entails automating business processes and workflows, resulting in increased efficiency and cost reduction.
News
2024, February, 28, 06:35:00
TEXAS ENERGY GREED
If the Texas Supreme Court over rules the decision of the Texas Court of Appeals, what precedent will be set across all energy markets?
News
2024, February, 28, 06:30:00
VIETNAM HYDROGEN ENERGY STRATEGY 2050
The Ministry of Industry and Trade (MoIT) held a conference in Hanoi on February 22 to deploy Vietnam's hydrogen energy development strategy to 2030 with a vision until 2050.
News
2024, February, 26, 07:00:00
OIL PRICE: BRENT ABOVE $81, WTI ABOVE $76
Brent fell 35 cents, or 0.4%, to $81.27 a barrel, WTI declined 35 cents, or 0.5%, to $76.14 a barrel.
News
2024, February, 26, 06:55:00
RUSSIAN LNG FOR CHINA
The US placed Arctic LNG 2 under direct sanctions in November, in effect blocking its allies from buying the project’s gas when it starts production. The move followed an EU ban on the transfer of LNG-related technology to Russia in April 2022, two months after Moscow launched its full-scale invasion of Ukraine.
News
2024, February, 26, 06:50:00
CHINA SEEKING LNG
The interest in additional supplies from China — the world’s biggest LNG importer — is emerging after a drop in spot prices made the fuel more cost competitive with local gas options and oil products,
News
2024, February, 26, 06:45:00
CHINA'S COAL ELECTRICITY
China saw a robust increase in its peak power demand in 2021-2022 due to an increase in the prevalence of air conditioners amid exceptionally intense heat waves. This prompted an enhancement of more coal-based power generation capacity as a "costly and suboptimal solution,"
News
2024, February, 26, 06:40:00
RUSSIAN GAS FOR GERMANY
SEFE’s trading of Russian LNG is controversial in Berlin, where lawmakers have urged the company to sever its links with Moscow. Germany opposes LNG imports from Russia, though it hasn’t banned them.
News
2024, February, 26, 06:35:00
GERMANY'S RECESSION UP
The government on Wednesday slashed its growth forecast for this year to 0.2% from 1.3%, after a contraction in 2023.
News
2024, February, 26, 06:30:00
RUSSIAN, VENEZUELAN NUCLEAR
Venezuela and Russia have discussed nuclear energy cooperation in the past, with a civil nuclear cooperation agreement signed in October 2010 providing for the construction of two 1200 MWe reactors and a research reactor to produce radioisotopes.
News
2024, February, 26, 06:25:00
GLOBAL MARKETS(2024) : A GOOD OLD SWITCHEROO
At the start of the month,we saw #Crudeoil longs data jump 17%, partly offsetting wrong-footed sales the previous week.Russia stated that the cut of 500k b/d to meet the quota expectations for the month of February as part of a package of cuts promised by the OPEC+.
News
2024, February, 21, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI ABOVE $77
Brent rose 30 cents or 0.36% to $82.64 a barrel, WTI were up 26 cents or 0.34% at $77.30.
News
2024, February, 21, 06:55:00
EUROPEAN INDUSTRY RISKS
Europe risks losing out to China and the US in the race to supply the technologies needed to roll out renewables and slash industrial emissions.
News
2024, February, 21, 06:50:00
EUROPEAN CARBON RISKS
“The European Commission’s carbon capture ambition is significant at ~450 million tonnes of CO2 by 2050, of which around 40% will come from direct air capture (DAC) alone, the most expensive carbon capture process.