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Trends

Trends
2019, April, 8, 11:30:00
RUSSIA'S NOVATEK LNG 140 MMT
PLATTS - Russian independent gas producer Novatek sees the resource base at Northern Yamal and Gydan peninsulas as allowing for output of 140 million mt/year of LNG, CEO Leonid Mikhelson said Friday.
Trends
2019, April, 8, 11:05:00
U.S. UNEMPLOYMENT 3.8%
U.S. Total nonfarm payroll employment increased by 196,000 in March, and the unemployment rate was unchanged at 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and in professional and technical services.
Trends
2019, April, 5, 10:40:00
U.S. GAS EXPORTS UP
U.S. net natural gas exports in January 2019 totaled 2.3 billion cubic feet per day (Bcf/d), marking 12 consecutive months where U.S. natural gas exports exceeded U.S. imports.
Trends
2019, April, 5, 10:25:00
CHINA NEED GAS
China’s LNG imports last year were about 54 million tonnes. CNPC accounts for about 60 percent of China’s overall gas imports and 70 percent of domestic production, Ling said. “LNG price will become one of the decisive factors for the amount of LNG imports,” he also said in his presentation.
Trends
2019, April, 5, 10:20:00
CHINA NEED NUCLEAR
China wants to promote nuclear energy cooperation in the 'Belt and Road', and is focusing on new technology deployment and completing its radioactive waste management strategy, a conference in Beijing heard. The Belt and Road Initiative is a development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organisations.
Trends
2019, April, 5, 10:15:00
RENEWABLE IS A THIRD
The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 gigawatts (GW), according to new data released by the International Renewable Energy Agency (IRENA) today. The annual increase of 7.9 per cent was bolstered by new additions from solar and wind energy, which accounted for 84 per cent of the growth. A third of global power capacity is now based on renewable energy.
Trends
2019, April, 5, 10:00:00
ADNOC STRATEGY 2030
Our unrelenting attention is on minimising costs, enhancing our operational efficiency, and maximising margins to ensure we thrive in the new multi-layered energy landscape.
Trends
2019, April, 5, 09:55:00
FRANCE'S HYDROGEN ENERGY
France's EDF has launched a hydrogen production and distribution subsidiary to support decarbonisation of industry and mobility using low-carbon electricity from its nuclear and renewable energy fleet.
Trends
2019, April, 5, 09:45:00
KUWAIT'S GDP UP 1.7%
Kuwait's growth has resumed, and the current account rebounded thanks to higher oil prices. Hydrocarbon output rose by 1.2 percent in 2018 after contracting a year earlier. Buoyed by a rebound in confidence and government spending, non-oil growth has accelerated to 2.5 percent.
Trends
2019, April, 5, 09:40:00
NIGERIA'S GDP UP 1.9%
Nigeria’s economy is recovering. Real GDP increased by 1.9 percent in 2018, up from 0.8 percent in 2017, on the back of improvements in manufacturing and services, supported by spillovers from higher oil prices, ongoing convergence in exchange rates and strides to improve the business environment.
Trends
2019, April, 5, 09:35:00
MOZAMBIQUE'S GDP UP 3.25%
Mozambique's real GDP growth decelerated to 3¼ percent in 2018, but it was broader based, with non-mining growth accelerating to 2¾ percent in 2018, from 2 percent in 2017.
Trends
2019, April, 1, 11:27:00
RUSSIA'S LNG WILL UP
TASS - The share of liquefied natural gas (LNG) on the global gas market may double to reach 70% by 2040, Russia’s Energy Minister Alexander Novak said at the Krasnoyarsk Economic Forum on Friday.
Trends
2019, April, 1, 10:50:00
SAUDIS DEBT WILL UP
Saudi Arabia plans to issue 118 billion riyals ($31.5 billion) in debt this year to help finance the national budget deficit, the country’s Debt Management Office (DMO), part of the ministry of finance, said.
Trends
2019, April, 1, 10:40:00
ADNOC, BAKER HUGHES PARTNERSHIP
ADNOC plans to grow its conventional drilling activity by 40% by 2025 and substantially ramp up the number of its unconventional wells, as it targets 4mn barrels of oil production capacity per day by the end of 2020 and 5mn by 2030
Trends
2019, April, 1, 10:35:00
U.S. NUCLEAR LEADERSHIP
WNN - The Nuclear Energy Leadership Act (NELA), bipartisan draft legislation which aims to accelerate the development of advanced nuclear technologies and re-establish US leadership in nuclear energy has been re-introduced to the US Senate.