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Trends

Trends
2019, October, 23, 12:10:00
NUCLEAR POWER FOR INDIA
Nuclear power for civil use is well-established in India. Since building two small boiling water reactors at Tarapur in the 1960s, its civil nuclear strategy has been directed towards complete independence in the nuclear fuel cycle, necessary because it is excluded from the 1970 Nuclear Non-Proliferation Treaty (NPT) due to it acquiring nuclear weapons capability after 1970. As a result, India's nuclear power programme has proceeded largely without fuel or technological assistance from other countries.
Trends
2019, October, 23, 12:05:00
NUCLEAR POWER FOR CZECH
The Czech Republic has six nuclear reactors generating about one-third of its electricity. Four VVER-440 units are at Dukovany, in Vysočina Region, and two VVER-1000 units are at Temelín, in South Bohemian Region. The country is phasing out its coal-fired power plants and will need to increase the share of nuclear power if it is to remain self-sufficient in electricity supply.
Trends
2019, October, 23, 12:00:00
SMALL NUCLEAR FOR POLAND
GE Hitachi Nuclear Energy (GEH) has announced an agreement to collaborate on the potential application of its BWRX-300 small modular reactor technology in Poland.
Trends
2019, October, 23, 11:50:00
U.S. OIL MAXIMUM
The brisk pace of U.S. production, now the world’s largest, in the past few years has been a key factor behind the relative weakness in oil prices. Output has slowed recently, however.
Trends
2019, October, 23, 11:40:00
GLOBAL GROWTH RESTRAINED
Global growth remains subdued, reflecting the softening pace of investment and trade. Downside risks persist due to continued policy uncertainty, trade tensions, financial volatility, and rising debt.
Trends
2019, October, 23, 11:35:00
ASIA'S WIND ENERGY WILL UP
Global wind power could rise ten-fold reaching over 6000 GW by 2050. By midcentury, wind could cover one third of global power needs and – combined with electrification – deliver a quarter of the energy-related carbon emission reductions needed to meet the Paris climate targets. To reach this objective, onshore and offshore wind capacity will need to increase four-fold and ten-fold respectively every year compared to today.
Trends
2019, October, 23, 11:20:00
RENEWABLE ENERGY BENEFITS
As the IRENA Director-General Francesco La Camera said recently at the International Energy Forum in Riyadh, Saudi Arabia: “It is perfectly possible to generate sufficient cheap, reliable energy from renewable sources. Not only is it possible, but it is also our best option, as it would bring higher socio-economic benefits than business as usual, and it would allow us to effectively address climate change.”
Trends
2019, October, 21, 13:20:00
LNG MARKET TIGHTENING: SHELL
Global LNG is “clearly a well-supplied market”, but Shell believes that the market dynamics could shift again over the next few years. “We do not use the term oversupply—as all of the LNG being produced is being absorbed,”
UAE, RUSSIA ECONOMIC MEETING
2019, October, 16, 13:20:00
UAE, RUSSIA ECONOMIC MEETING
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Vladimir Putin, President of Russia, headed a meeting of officials responsible for the economic cooperation between the UAE and Russia.
Trends
2019, October, 16, 13:05:00
RELATIONS OF RUSSIA, SAUDI ARABIA
The expansion of interaction with our Saudi partners along the entire chain of cooperation for us, in essence, is the creation of a new alliance in order to maintain our competitiveness in world markets and to develop the national and world energy in general.
Trends
2019, October, 16, 12:50:00
SAUDI ARABIA, RUSSIA INVESTMENT
Saudi Aramco has signed 10 agreements with Russian companies at the Saudi-Russian CEO Forum in Riyadh, as part of the state visit of the Russian President Vladimir Putin.
Trends
2019, October, 16, 12:45:00
UAE, RUSSIA STRATEGIC PARTNERSHIP
The agreements, signed in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Putin span various vital sectors, including trade and investment, sustainability and environment, with the clear idea of developing further strategic partnerships.
Trends
2019, October, 16, 12:40:00
ADNOC, GAZPROM NEFT COOPERATION
The Abu Dhabi National Oil Company,ADNOC, signed today a comprehensive strategic framework agreement with the Public Joint Stock Company Gazprom Neft,Gazprom Neft, to explore new opportunities for collaboration in both the upstream and downstream sectors, as well as in artificial intelligence and other innovative technologies.
Trends
2019, October, 16, 12:35:00
ADNOC, LUKOIL COOPERATION
The Abu Dhabi Government and the Abu Dhabi National Oil Company, ADNOC, have awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company, LUKOIL, a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, ADNOC, LUKOIL, and the Management Company of Russian Direct Investment Fund, RDIF, signed a framework agreement to explore potential future cooperation in relation to the Ghasha concession.
Trends
2019, October, 16, 12:30:00
U.S. PRODUCTION: OIL + 58 TBD, GAS + 319 MCFD
Crude oil production from the major US onshore regions is forecast to increase 58,000 b/d month-over-month in October from 8,913 to 8,971 thousand barrels/day, gas production to increase 319 million cubic feet/day from 83,693 to 84,012 million cubic feet/day .