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W.Europe

W.Europe
2018, January, 29, 08:15:00
FRANCE NUCLEAR POWER - 2017
WNA - France derives about 75% of its electricity from nuclear energy, due to a long-standing policy based on energy security. This share may be reduced to 50% by 2025. France is the world's largest net exporter of electricity due to its very low cost of generation, and gains over €3 billion per year from this. The country has been very active in developing nuclear technology. Reactors and especially fuel products and services have been a significant export. About 17% of France's electricity is from recycled nuclear fuel.
W.Europe
2018, January, 24, 11:55:00
GAZPROM'S TURKSTREAM UNDERWAY
GAZPROM - The TurkStream project is well underway. In accordance with the plan, it is carried out simultaneously at three sections: onshore in Russia and Turkey and offshore in the Black Sea.
W.Europe
2018, January, 24, 11:40:00
EU NUCLEAR POWER - 2017
WNA -The EU is the largest energy importer in the world, importing 53% of its energy, at an annual cost of around €400 billion.
W.Europe
2018, January, 24, 11:30:00
NORWAY'S OIL UP OF 26 TBD
NPD - Preliminary production figures for December 2017 show an average daily production of 1 932 000 barrels of oil, NGL and condensate, which is an increase of 26 000 barrels per day compared to November.
W.Europe
2018, January, 22, 07:50:00
ALBANIA NEED INVESTMENT
OGJ - Albania’s government remains committed to detail to support any serious investor who will come up with a project for business development in Ballsh and Fier refineries, or a bid from an investor to develop a business plan in the sector, involving restart of both refineries.
W.Europe
2018, January, 15, 09:35:00
BRITAIN'S NUCLEAR BREXIT
WNN - The UK government aims to maintain as many of the benefits the country has enjoyed from its membership of the European Atomic Energy Community since joining the EU and Euratom in 1973 through a "close and effective association" in the future, Greg Clark, secretary of state for business, energy and industrial strategy told Parliament yesterday. The UK will exit Euratom at the same time as withdrawing from the EU, on 29 March 2019.
W.Europe
2018, January, 12, 12:50:00
RUSSIAN GAS RETURNING
BLOOMBERG - Ukraine imported 14 billion cubic meters of gas from the EU last year, comparable to Belgium’s annual consumption. From this year, state-owned NAK Naftogaz Ukrainy should import 5 billion cubic meters annually under its contract with Russia’s Gazprom PJSC through 2019, and has to pay for at least 80 percent of that, according to the court.
W.Europe
2018, January, 12, 12:45:00
NORWAY'S OIL & GAS WILL UP
NPD - The Norwegian Petroleum Directorate’s production forecast up to 2022 shows an increase from 2020, when Johan Sverdrup has come on stream. Total production of oil and gas in 2022 is estimated to be close to the record‐breaking year 2004. Gas will then account for about one‐half of the production.
W.Europe
2018, January, 12, 12:40:00
FRANCE - CHINA NUCLEAR COOPERATION
WNN - Cooperation on nuclear power technology is to be expanded between China General Nuclear (CGN) and the French Alternative Energies and Atomic Energy Commission (CEA) under an agreement signed yesterday in Beijing. New Areva and China National Nuclear Corporation (CNNC) have also agreed to work towards signing a contract for the construction of a used fuel processing and recycling facility in China.
W.Europe
2018, January, 4, 12:20:00
NORWAY'S GAS RECORD
REUTERS - Norway’s pipeline gas exports to Europe hit a record high in 2017, exceeding the previous year by almost 7 percent, preliminary data from the country’s offshore gas systems operator Gassco showed on Tuesday.
W.Europe
2018, January, 4, 12:10:00
BRITAIN NEED INVESTMENT
REUTERS - British trade minister Liam Fox said on Wednesday that London would continue to welcome foreign investment, after a U.S. panel rejected a Chinese acquisition of a U.S. money transfer company on national security concerns.
W.Europe
2018, January, 3, 15:55:00
RUSSIA - CHINA OIL FRIENDSHIP
BLOOMBERG - After a glut sparked the biggest price crash in a generation and starved Russia of oil revenues, the nation sought to boost market share in the world’s top importer. It’s now supplanted Saudi Arabia as the top exporter to China, even as the two producers lead efforts to shrink the global oversupply by curbing output. A pipeline that transports crude from the East Siberia-Pacific Ocean system has helped its mission to increase volumes.
W.Europe
2018, January, 3, 15:35:00
NORWAY'S OIL PROBLEMS
BLOOMBERG - Norway’s oil production has been halved since a 2000 peak. While natural-gas output has surged, total production is forecast to fall again in the middle of the next decade. A flurry of investment decisions at the end of last year hides a painful truth: after Statoil’s $6 billion Johan Castberg oil field starts production in the Barents in 2022, the project pipeline is scant.
W.Europe
2017, December, 27, 12:10:00
BRITAIN'S PRIMARY DETERMINANT
IMF - Productivity growth will be the primary determinant of UK living standards in the long run.
W.Europe
2017, December, 25, 20:05:00
BRITAIN'S GAS DOWN 50%
PLATTS - The amount of gas held within the UK's medium-range natural gas storage facilities has fallen by more than 50% since the end of November on the back of high demand allied to weaker UK gas production.