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News
2019, March, 29, 11:40:00

THE THIRD NORD STREAM 2

The Danish Energy Agency has asked the Gazprom-owned developer of the planned 55 Bcm/year Nord Stream 2 gas pipeline from Russia to Germany to consider a third route option, a spokesman for the agency said

News
2019, March, 29, 11:35:00

RUSSIAN GAS FOR KYRGYZSTAN

Since 2014, gas sales to consumers within the country have grown by 30 per cent, gas transit has increased by 50 per cent, and gas grid coverage has risen from 22 to 30 per cent. In three years (2016–2018), a total of 669 kilometers of distribution pipelines was built, bringing natural gas to an additional 40,500 households.

News
2019, March, 29, 11:30:00

SAUDI ARAMCO PAYS $69.1 BLN

Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for $69.1bn.

News
2019, March, 29, 11:25:00

SAUDI ARAMCO, MCDERMOTT PLATFORMS

The new facility will be used for large scale fabrication of offshore platforms and onshore/offshore modules.

News
2019, March, 29, 11:20:00

U.S. CURRENT ACCOUNT DEFICIT UP TO $134.4 billion

U.S. BEA - The U.S. current-account deficit increased to $134.4 billion (preliminary) in the fourth quarter of 2018 from $126.6 billion (revised) in the third quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.6 percent of current-dollar gross domestic product (GDP) in the fourth quarter, up from 2.5 percent in the third quarter.

News
2019, March, 29, 11:15:00

U.S. TRADE DEFICIT $51.1 BLN

U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $51.1 billion in January, down $8.8 billion from $59.9 billion in December,

News
2019, March, 29, 11:10:00

U.S. NUCLEAR COMPETITIVENESS

Nuclear is the largest source of clean energy in the USA, and the nation's nuclear plants are working more efficiently than ever, Korsnick said, adding they are "economic engines" for the communities they serve.

News
2019, March, 29, 11:05:00

THE NEW U.S. NUCLEAR

Twelve of the US' 98 operating nuclear generating units "are slated to close," and "to keep today's reactors running, we must pursue policy that gives innovators and investors confidence that there will be a market for their new nuclear technologies,"

News
2019, March, 29, 11:00:00

U.S. COAL EXPORTS UP

While U.S. coal consumption has generally declined since its 2008 peak, EIA expects that U.S. coal exports reached 116 million short tons (MMst) in 2018, the highest level in five years, based on foreign trade data collected by the U.S. Census Bureau

News
2019, March, 29, 10:55:00

U.S. GDP UP 2.2%

U.S. BEA - Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the fourth quarter of 2018, according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

News
2019, March, 29, 10:50:00

FRANCE, CHINA NUCLEAR

Chinese President Xi Jinping and French President Emmanuel Macron discussed common goals for nuclear power and the fight against climate change in bilateral talks held on 25 March during Xi’s three-day state visit to France. Macron's statement specifically mentioned the long-awaited project for cooperation to build a plant to reprocess China's used nuclear fuel.

News
2019, March, 29, 10:45:00

EnBW RENEWABLE INVESTMENT $13.5 BLN

EnBW on Thursday unveiled a 12-billion euro ($13.5 billion) investment plan and said it was close to acquiring French renewable group Valeco, as the German utility continues its strategy of moving away from fossil fuels.

News
2019, March, 27, 12:05:00

OIL PRICE: ABOVE $67 YET

Oil prices were mixed on Wednesday, with Brent extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand.

News
2019, March, 27, 12:00:00

GLOBAL ENERGY DEMAND UP 2.3%

IEA - Energy demand worldwide grew by 2.3% last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions.

News
2019, March, 27, 11:55:00

U.S. ENERGY CONSUMPTION UP

U.S. primary energy consumption totaled 101 quadrillion British thermal units (Btu). This total was the highest since at least 1949, the earliest year for which EIA has data.

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