Trends
2024, May, 28, 06:35:00
AUSTRALIAN ENERGY CRISIS
Australia stands on the precipice of an impending power shortage crisis, set to hit households and businesses along its eastern coastline by 2027.
2024, May, 28, 06:30:00
U.S. ENERGY STORAGE 1.5 TW
According to a 2021 McKinsey report, we’ll need more than 1.5 TW of long-duration storage by 2040 to maintain grid reliability.
2024, May, 22, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent were down 60 cents, or 0.7%, to $82.28 a barrel, WTI slipped 64 cents, or 0.8%, to $78.02.
2024, May, 22, 06:40:00
ENERGY INFRASTRUCTURE CHANGES
Consumer involvement in distribution network operations will be beneficial for both consumers and Distribution Companies (DISCOMs).
2024, May, 22, 06:35:00
U.S. UTILITY GRID UPGRADE $2.5 TLN
There are many reasons the U.S. utility grid requires an estimated $2.5t upgrade by 2035, from crumbling infrastructures to keeping up with the increased demand of electrification efforts, all balanced against increasingly volatile weather events.
2024, May, 17, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI ABOVE $79
Brent climbed 21 cents, or 0.25%, to $83.48 a barrel, WTI rose 7 cents, or 0.09%, to $79.30 a barrel.
2024, May, 17, 06:55:00
US FOSSIL FUEL FINANCE
the world’s 60 largest lenders had provided around $705bn in financing in 2023 alone.
2024, May, 17, 06:45:00
NORWAY NEED OIL & GAS
The annual predefined areas (APA) rounds of exploration acreage are central to Norway's strategy of extending its oil and gas production, a policy fiercely opposed by environmentalists.
2024, May, 16, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $79
Brent rose 35 cents, or 0.4%, to $83.10 a barrel, WTI gained 40 cents, or 0.5%, to $79.03.
2024, May, 16, 06:45:00
U.S. BAN RUSSIAN URANIUM
The passage and signing of this law will ensure the U.S. will no longer be reliant on imported uranium fuel from the Russian Federation.
2024, May, 16, 06:35:00
U.S. URANIUM PRODUCTION UP
US production of 82,533 pounds U3O8 (32.1 tU) in the first quarter of 2024 was the highest Q1 production since 2018 and almost 80% more than production for the whole of 2023.
2024, May, 15, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI ABOVE $78
Brent were up 34 cents, or 0.4% at $82.71 a barrel, WTI rose 38 cents, or 0.5%, to $78.39 a barrel.
2024, May, 15, 06:55:00
GLOBAL OIL DEMAND +2.2 MBD
The global oil demand growth forecast for 2024 remains broadly unchanged from last month’s assessment at 2.2 mb/d.
2024, May, 15, 06:40:00
FRANCE'S NUCLEAR INVESTMENT $6.3 BLN
In July 2022, the European Parliament voted to include certain nuclear and gas activities within the European Union's list of officially approved "green" investments.
2024, May, 15, 06:30:00
COMMODITIES : RUNNING AMOK
The OECD's growth forecast for Russia has been significantly revised upward—from 1.8% to 2.6% for this year, placing it sixth globally.