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Trends

Trends
2018, December, 10, 08:55:00
OIL PRODUCTION DOWN 1.2 MBD
OPEC - Accordingly, the 5th OPEC and non-OPEC Ministerial Meeting, following deliberations on the immediate oil market prospects and in view of a growing imbalance between global oil supply and demand in 2019, hereby decided to adjust the overall production by 1.2 mb/d, effective as of January 2019 for an initial period of six months. The contributions from OPEC and the voluntary contributions from non-OPEC participating countries of the ‘Declaration of Cooperation’ will correspond to 0.8 mb/d (2.5%), and 0.4 mb/d (2.0%), respectively.
ALEXANDER NOVAK: “THE COOPERATION OF OPEC COUNTRIES + MUST CONTINUE”
2018, December, 10, 08:45:00
ALEXANDER NOVAK: “THE COOPERATION OF OPEC COUNTRIES + MUST CONTINUE”
Министр энергетики Российской Федерации Александр Новак в интервью телеканалу “Bloomberg”, которое состоялось по окончании 5-й Министерской встречи стран ОПЕК и не входящих в ОПЕК государств, рассказал о принятых решениях и их влиянии на рынок, разговоре с Министром нефти Ирана Бижаном Намдар Зангане накануне заседания, а также поделился прогнозами цен на нефть в будущем.
Trends
2018, December, 10, 08:15:00
ADNOC INCREASES VALUE
ADNOC - The Abu Dhabi National Oil Company (ADNOC) has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain.
Trends
2018, December, 7, 08:10:00
WBG GREEN INVESTMENT $200 BLN
WBG - “There are literally trillions of dollars of opportunities for the private sector to invest in projects that will help save the planet,” said IFC CEO Philippe Le Houérou. “Our job is to go out and proactively find those opportunities, use our de-risking tools, and crowd in private sector investment. We will do much more in helping finance renewable energy, green buildings, climate-smart agribusiness, urban transportation, water, and urban waste management.”
Trends
2018, December, 7, 07:40:00
RWANDA'S GDP GROWTH 8.6%
IMF - Rwanda’s real GDP growth has been recovering over the past four quarters and averaged 8.6 percent in the first half of 2018.
Trends
2018, December, 5, 09:35:00
GRONINGEN GAS PRODUCTION WILL DOWN BY 75%
REUTERS - Gas production at the earthquake-prone Groningen field will drop by at least 75 percent in the next five years, ahead of schedule towards the projected end of extraction.
Trends
2018, December, 5, 09:30:00
JAPAN WILL UP BY 0.9%
IMF - The Japanese economy is growing above its estimated potential. After a temporary soft patch early in the year, domestic demand recovered in the second quarter. With external demand expected to remain supportive, and despite recent natural disasters, real GDP growth is projected to remain above trend in 2018 at 1.1 percent.
Trends
2018, December, 5, 09:25:00
KAZAKHSTAN WILL UP BY 3.1%
IMF - Kazakhstan's growth was strong in the first half of 2018 at 4.2 percent, led by manufacturing, oil, and a recovery of credit growth. With base effects from high growth in late 2017, the team forecasts growth of 3.7 percent in 2018, and as oil production gains moderate, 3.1 percent in 2019.
Trends
2018, December, 3, 11:55:00
U.S. PRODUCTION: OIL +1.1%, GAS +1.8%
U.S. EIA - Crude oil production increases 1.1% in September from 11,346 to 11,475 thousand barrels/day , gas production increases 1.8% from 102,659 to 104,461 million cubic feet/day .
Trends
2018, November, 30, 11:15:00
NUCLEAR FOR CLIMATE CHANGES
WNN - "We acknowledge the contribution of, and potential for the applications of nuclear science and technology to meet a wide variety of basic socio-economic and human development needs; we recognise the progress made in all Member States in addressing such development needs and the benefits achieved from the application of nuclear techniques in both developing and developed States; and we underscore the growing need and demand for further utilisation of nuclear applications worldwide."
Trends
2018, November, 30, 11:10:00
NUCLEAR POWER FOR CLIMATE
WNN - Climate change is the most significant threat to our planet today. The latest Intergovernmental Panel on Climate Change (IPCC) report on the impacts of global warming reaching 1.5 degrees Celsius above pre-industrial levels sends a clear warning that this increase may be exceeded by 2030-2050 unless radical action is taken. Nuclear power is a low-carbon source of energy. According to the IPCC, the median lifecycle emissions from nuclear are 12g/kWh, as low as wind energy.
Trends
2018, November, 28, 12:50:00
RUSSIAN LNG TO EUROPE
REUTERS - “Between 150 and 160 transfers will take place in the port’s fjord from November to June,” local mayor Kristina Sigursdottir Hansen told Reuters. “Ships will be coming with gas from Russia, from Yamal ... More than 300 ships actually (will be involved).”
Trends
2018, November, 28, 12:30:00
INDIA BUILDS NUCLEAR
WNN - Holtec International subsidiary Holtec Asia has signed a Memorandum of Understanding (MoU) with the government of Maharashtra to establish a heavy manufacturing facility to support India's planned nuclear generation expansion.
Trends
2018, November, 28, 12:25:00
FRANCE UPDATES NUCLEAR
WNN - "I was not elected on a promise to exit nuclear power but to reduce the share of nuclear in our energy mix to 50%," Macron said. He stressed, "To reduce the share of nuclear power is not to give up nuclear power."
Trends
2018, November, 28, 12:20:00
VIETNAM NEEDS $150 BLN
REUTERS - “Since 2010, the sector invested about 80 billion dollars in generation, transmission and distribution and between now to 2030 another 150 billion dollars needs to be raised,” said Dione, who added that electricity demand in Vietnam will grow by about 8 percent a year for the next decade.