N.America
2023, January, 18, 11:45:00
U.S. FUSION DEVELOPMENT
The awards announced today are provided through the DOE Office of Science’s Innovation Network for Fusion Energy (INFUSE) program, which was established in 2019 to accelerate fusion energy development through public-private research partnerships.
2023, January, 18, 11:40:00
U.S., UAE RENEWABLE INVESTMENT $20 BLN
The UAE government has also announced that it will invest US$30bn in South Korea’s nuclear power, defense, solar, and hydrogen industries. The investment will come from sovereign wealth funds, which include the UAE’s Mubadala Investment Company.
2023, January, 16, 12:40:00
EUROPE NEED MORE LNG
Despite the adoption of the Versailles Declaration in March 2022, when leaders of the 27 EU member states pledged to phase out the EU’s dependence on Russian fossil fuels as soon as possible, imports of Russian LNG increased by 12% in 2022 compared to 2021.
2023, January, 16, 12:35:00
EUROPE NEED U.S. LNG
According to the EU-US announcement, EU commission aims to increase annual demand for American LNG by 50BCM by the end of 2030 and procure 15BCM more in 2022,
2023, January, 11, 11:35:00
EUROPEAN LNG WINNING
LNG deliveries to Europe have helped ease an energy crisis this winter after Russian piped supply slumped.
2023, January, 11, 11:20:00
U.S., JAPAN NUCLEAR DEVELOPMENT
DOE noted the significance of the Government of Japan’s announcement of its “Draft Future Nuclear Energy Direction and Action Guidelines” in December 2022.
2023, January, 11, 11:15:00
U.S. TRANSPORTATION DECARBONIZATION
“The domestic transportation sector presents an enormous opportunity to drastically reduce emissions that accelerate climate change and reduce harmful pollution,” said U.S. Secretary of Energy Jennifer M. Granholm.
2023, January, 9, 12:10:00
U.S. EMPLOYMENT UP BY 223,000
Total nonfarm payroll employment increased by 223,000 in December, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported.
2023, January, 5, 16:15:00
THE WORST ARCTIC WEATHER FOR U.S. ENERGY
A frozen USA, with more than 200 million people under severe weather advisories or warnings caused nationwide problems in the run-up to Christmas.
2022, December, 27, 12:45:00
JAPAN NEED MORE LNG
The deals come as Japan’s government is reevaluating how it can enhance energy security in the face of a fuel crunch at home. Global LNG supply is slated to remain tight for years, which threatens to increase import costs and add to rising inflation.
2022, December, 27, 12:35:00
U.S. RIGS UP 3 TO 779
U.S. Rig Count is up 3 from last week to 779, Canada Rig Count is down 103 from last week to 96
2022, December, 19, 11:35:00
U.S. RIGS DOWN 4 TO 776
U.S. Rig Count is down 4 from last week to 776, Canada Rig Count is down 3 from last week to 199.
2022, December, 16, 12:05:00
U.S. OIL INVENTORIES UP BY 10.2 MB TO 424.1 MB
U.S. commercial crude oil inventories increased by 10.2 million barrels to 424.1 million barrels.
2022, December, 16, 12:00:00
U.S. FEDERAL FUNDS RATE 4.25 - 4.50%
The Committee decided to raise the target range for the federal funds rate to 4-1/4 to 4-1/2 percent.
2022, December, 14, 12:45:00
U.S. NUCLEAR FUSION REACTION
NIF scientists readily acknowledge that the facility was not designed with commercial fusion energy in mind—and many researchers doubt that laser-driven fusion will be the approach that ultimately yields fusion energy.