2018, July, 23, 13:25:00GLOBAL ENERGY INVESTMENT DOWN 2%
IEA - For the third consecutive year, global energy investment declined, to USD 1.8 trillion (United States dollars) in 2017 – a fall of 2% in real terms. The power generation sector accounted for most of this decline, due to fewer additions of coal, hydro and nuclear power capacity, which more than offset increased investment in solar photovoltaics.
2018, July, 11, 09:25:00OIL PRICES 2018 - 19: $73 - $69
EIA - Brent crude oil spot prices averaged $74 per barrel (b) in June, a decrease of almost $3/b from the May average. EIA forecasts Brent spot prices will average $73/b in the second half of 2018 and will average $69/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average $6/b lower than Brent prices in the second half of 2018 and $7/b lower in 2019. NYMEX WTI futures and options contract values for October 2018 delivery that traded during the five-day period ending July 5, 2018, suggest a range of $56/b to $87/b encompasses the market expectation for October WTI prices at the 95% confidence level.
2018, July, 4, 12:01:00THE NEW JAPAN'S ENERGY PLAN
WNN - A new basic energy plan that sets goals for Japan's energy mix to 2030 and presents scenarios to 2050 was today approved by the Cabinet. Under the plan, nuclear will remain a key energy source, accounting for 20-22% of the country's electricity generation up to 2030.
2018, June, 15, 11:10:00BP: GROWTH IN ENERGY DEMAND UP
BP - In 2017 global energy demand grew by 2.2%, above its 10-year average of 1.7%. This above-trend growth was driven by stronger economic growth in the developed world and a slight slowing in the pace of improvement in energy intensity.
2018, June, 15, 10:50:00EU RENEWABLE ENERGY - 2030: 32%
REUTERS - EU negotiators agreed on Thursday to increase the share of renewables in the bloc’s energy production to 32 percent by 2030, a higher target than in draft rules but short of the level sought by some governments and the European Parliament.
2018, June, 13, 13:10:00OIL PRICES: 2018 - $71, 2019 - $68
EIA - Brent crude oil spot prices averaged $77 per barrel (b) in May, an increase of $5/b from the April level and the highest monthly average price since November 2014. EIA forecasts Brent spot prices will average $71/b in 2018 and $68/b in 2019. The 2019 forecast price is $2/b higher than in the May STEO. EIA expects West Texas Intermediate (WTI) crude oil prices will average almost $7/b lower than Brent prices in 2018 and $6/b lower than Brent prices in 2019
2018, June, 4, 13:20:00U.S. COAL & NUCLEAR POWER
API - A diverse group of energy industry associations including energy efficiency and storage, natural gas, oil, solar and wind issued the following statement condemning the Administration’s draft plan to bail out coal and nuclear plants across the country.
2018, May, 28, 11:10:00TOTAL DECARBONIZATION OF THE GLOBAL ECONOMY
GAZPROM - It seems that putting renewables ahead of everything else doesn’t accomplish anything in today’s world. And striving for a total decarbonization of the global economy is downright quixotic. One should understand that fossil fuels will continue to play an essential role in the next 20 years.
2018, May, 14, 10:35:00SHELL, TOTAL IN OMAN
AOG - Shell Gas & Power Developments has signed a memorandum of understanding (MoU) with Oman’s government to cover proposed energy development projects in Oman. The agreement covers upstream gas exploration and development, gas-to-liquids (GTL), liquefied natural gas (LNG) and renewable energies.
2018, April, 20, 08:50:00ENI INVESTMENT €7 BLN
ENI - Eni will invest €7 billion in Italy over the next four years, including €1 billion in green activities
2018, April, 20, 08:40:00IEA'S CLEAN ENERGY
IEA - Dr Fatih Birol, the International Energy Agency’s Executive Director, met Monday with Peter Altmaier, Germany’s Minister of Economy and Energy. The bilateral meeting focused on the IEA’s role in the global clean energy transition thanks to its expertise across all fuels and energy technologies, as well as energy efficiency.
2018, April, 9, 11:10:00NORWAY'S RENEWABLE INVESTMENT
REUTERS - Norway’s $1 trillion sovereign wealth fund should be allowed to invest in unlisted renewable projects such as solar parks and wind farms, the ruling Conservative party voted on Saturday.
2018, March, 28, 11:15:00GLOBAL ENERGY DEMAND + 2.1%
IEA - Global energy demand rose by 2.1% in 2017, more than twice the previous year’s rate, boosted by strong global economic growth, with oil, gas and coal meeting most of the increase in demand for energy, and renewables seeing impressive gains.
2018, March, 28, 10:30:00SAUDIS SOLAR INVESTMENT $200 BLN
REUTERS - The final investment total for the 200 GW of generation, including the solar panels, battery storage and a manufacturing facility for panels in Saudi Arabia, will eventually total around $200 billion, Son said.
2018, March, 18, 11:15:00RENEWABLE FOR FRANCE: 104 MW
PENNENERGY - Siemens Gamesa Renewable Energy has secured orders for the supply of 39 onshore wind turbines in France, with aggregate capacity of 104 MW, at five wind farms being developed in the regions of Hauts de France, Grand Est, Burgundy and in Western France.