Trends
2024, April, 8, 06:50:00
OPEC+ HIGH CONFORMITY
The Committee also welcomed the announcement by the Russian Federation that its voluntary adjustments in the second quarter of 2024 will be based on production instead of exports.
2024, April, 8, 06:45:00
RUSSIAN OIL FOR INDIA
Russia, which prior to invading Ukraine had an insignificant role in India’s oil basket, has seen exports to India swell since the start of the war and consequent Western sanctions, becoming the country’s top supplier.
2024, April, 8, 06:25:00
GERMAN FUSION 2040
Germany would significantly increase research funding for fusion with an additional EUR370 million (USD403 million) over the next five years.
2024, April, 3, 07:00:00
OIL PRICE: BRENT NEAR $89, WTI ABOVE $85
Brent rose 20 cents, or 0.22%, to $89.12 per barrel, WTI climbed 17 cents, or about 0.2%, to $85.32 a barrel.
2024, April, 3, 06:50:00
RUSSIAN NUCLEAR RECORD
During the two days of the forum, the role of nuclear power in the energy, industrial, ecological, logistic, digital, health, scientific and educational fields were discussed in more than 30 parallel sessions.
2024, April, 3, 06:45:00
GLOBAL HYDROGEN BUBBLE DOWN
The hydrogen market is now transitioning from a speculative investment area to a sector with tangible commercial applications and real-world implementations.
2024, April, 3, 06:40:00
CHINA'S NUCLEAR OPENING
The opening of these research facilities and testing platforms by China to the world is expected to promote the development of nuclear technology worldwide.
2024, April, 3, 06:35:00
STORM FOR U.S. ENERGY
Exacerbating instability in the electric sector has been the swing from fossil fuel generation — primarily coal and natural gas — to renewables. Those simply aren’t always available.
2024, March, 26, 07:00:00
OIL PRICE: BRENT NEAR $87, WTI ABOVE $82
Brent rose 23 cents to $86.98 a barrel, WTI climbed 28 cents to $82.23.
2024, March, 26, 06:50:00
IRANIAN SANCTIONS FAILURE
US sanctions on Iran have not worked as intended, in part because comprehensive sanctions are so difficult to remove that they no longer motivate Iran to change its behavior
2024, March, 26, 06:45:00
GERMANY, CANADA HYDROGEN MARKET
While hydrogen is at the core of Europe’s plans to eventually wean itself off fossil fuels, there are currently few buyers for the gas as it’s expensive to produce and requires infrastructure investments to make its use more viable.
2024, March, 26, 06:40:00
ENERGY MANAGEMENT: VPP & DERMS
Differing from VPPs, a Distributed Energy Resources Management System (DERMS) offers grid services that are closely tied to the specific location (grid connection) of each asset.
2024, March, 26, 06:30:00
6G NETWORKS UP
4G networks operated at megabit speeds, 5G pushed the network top speed to the gigabits range, and 6G has the potential to support terabit top speeds.
2024, March, 18, 07:00:00
OIL PRICE: BRENT ABOVE $85, WTI ABOVE $81
Brent climbed 32 cents, or 0.4%, to $85.66 a barrel, WTI was up 40 cents, or 0.5%, at $81.44.
2024, March, 18, 06:45:00
OIL SECURITY FOR ALL
OPEC has consistently reaffirmed its commitment to oil market stability and security of supply, including through its Members holding spare capacity at their own cost in case of any unforeseen global oil supply disruptions.
