News
2022, June, 20, 11:40:00
FRANCE'S DIGITAL NUCLEAR
"We are pleased to partner with Inria and to continue investing in research for the advancement of reliable, low-carbon energy generation," said Alexis Marincic, senior executive vice president, Engineering & Design Authority, Framatome.
2022, June, 20, 11:35:00
AUSTRALIA CLIMATE PLEDGE
Updating Australia's 2030 emissions reduction target honours an election promise
2022, June, 20, 11:30:00
U.S. RIGS UP 7 TO 740
U.S. Rig Count is up 7 from last week to 740, Canada Rig Count is up 15 from last week to 156.
2022, June, 17, 14:10:44
OIL PRICE: BRENT ABOVE $120, WTI NEAR $118
Brent was up $1.13, or 0.9%, to $120.94 a barrel, WTI gained $1.03, or 0.9%, to $118.62.
2022, June, 17, 14:05:00
OPEC OIL PRICE: $119.24
The price of OPEC basket of thirteen crudes stood at $119.24 a barrel
2022, June, 17, 14:00:00
RUSSIA, SAUDI ARABIA COOPERATION
Prince Abdulaziz bin Salman met Deputy Prime Minister Alexander Novak on Thursday at the St. Petersburg International Economic Forum, a flagship conference that almost all Western officials and business executives are avoiding this year following Russia’s invasion of Ukraine.
2022, June, 17, 13:35:00
EUROPE WITHOUT RUSSIAN GAS
In the worst-case scenario where the Nord Stream pipeline to Germany is shut totally, Europe will fail to reach storage levels the European Union has ordered by the start of the heating season in November. And the region could run out of stocks completely by January.
2022, June, 17, 13:30:00
EUROPEAN GAS PRICES UP AGAIN
Eni SpA will receive just half of its requested gas volumes from Russia’s Gazprom PJSC on Friday, compared with about two-thirds the previous day.
2022, June, 17, 13:25:00
ASIAN LNG PROBLEMS
Asian buyers will also be competing directly with European LNG importers looking to meet an EU target of filling gas storage to 80% of capacity by Nov. 1.
2022, June, 17, 13:20:00
EUROPEAN SOLAR UP
The surge in electricity supply did little to ease rising prices that are being driven higher by climbing gas costs as Russia cuts some flows to Europe.
2022, June, 16, 12:55:00
OIL PRICE: BRENT ABOVE $117, WTI ABOVE $114
Brent were down 45 cents, or 0.4%, to $118.06 a barrel , WTI fell 44 cents to $114.87, also off 0.4%.
2022, June, 16, 12:50:00
RUSSIAN OIL RESTORING
"We see that we have a fairly significant increase in June compared to May, up around 600,000 b/d," Novak said on the sidelines of the St Petersburg International Economic Forum,
2022, June, 16, 12:45:00
RUSSIAN OIL EXPORTS MAXIMUM
Compared to pre-war levels in January and February, Russia's shipped crude exports from June 1-15 rose by 576,000 b/d to average about 3.88 million b/d,
2022, June, 16, 12:35:00
EUROPEAN GAS PRICES UP ANEW
European nations have for months feared Russian supply cuts in retaliation for sanctions aimed at Moscow for its invasion of Ukraine.
2022, June, 16, 12:30:00
GAZPROM PRODUCTION DOWN
According to preliminary data, Gazprom produced 226 billion cubic meters of gas from January 1 through June 15, 2022. This is a decrease of 6.4 per cent (or 15.5 billion cubic meters) versus the same period of last year.