2019, October, 11, 11:45:00SAUDI ARAMCO IPO: $100 BLN
With an oil production capacity of about 12mn b/d and posting a profit of $46.9bn in the first half of 2019, Aramco is betting institutional investors will rush to buy the 5% stake set to be sold by the Saudi government.
2019, October, 11, 11:25:00NIGERIA'S GDP UP 2.3%
Growth is expected to pick up to 2.3 percent this year on the strength of a continuing recovery in the oil sector and the regaining of momentum in agriculture following a good harvest.
2019, October, 9, 13:20:00OIL PRICES 2019-20: $59-$57
EIA forecasts Brent spot prices will average $59/b in the fourth quarter of 2019 and then fall to $57/b by the second quarter of 2020,
2019, October, 9, 13:15:00CLIMATE, ENERGY CHANGES
Global efforts to tackle climate change are futile as long as opposition to nuclear power persists, delegates heard at the opening session of the International Atomic Energy Agency's International Conference on Climate Change and the Role of Nuclear Power. It is the Vienna-based agency's first conference on this topic.
2019, October, 9, 13:10:00THE NEW NUCLEAR POWER INVESTMENTS
"Greater magnitudes of uncertainty lead to volatility," he said, "and for a capital-intensive sector like ours, this means less investment and more risk to security of supply. This is especially true in power markets that are open to competition: their market design must be adaptive, and long-term contracts used for all types of generation."
2019, October, 9, 13:05:00JAPAN COAL RISKS $71 BLN
As much as $71 billion of Japanese coal assets could be at risk as the economic viability of plants is undermined by cheaper renewable energy, research by the University of Tokyo, Carbon Tracker and the Carbon Disclosure Project showed on Sunday.
2019, October, 9, 13:00:00ITER, CNPE CONTRACT
A contract for Tokamak machine assembly for the ITER International Fusion Energy Organisation signed by a consortium led by China Nuclear Power Engineering Corporation (CNPE) is the biggest nuclear energy project contract that Chinese companies have ever bid for in the European market.
2019, October, 8, 12:55:00NUCLEAR ENERGY SUSTAINABILITY
How can the IAEA help make sure that nuclear energy is sustainable? A short animation detailing the IAEA's International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO).
2019, October, 7, 13:20:00GECF: EXCEPTIONAL GROWTH
The Russian Energy Minister noted that 2018 was an exceptional year for growth for the natural gas industry with consumption recording a 5% growth, the fastest growth since 2010, to average 3.95 Tcm. The trade in 2018 was also characterized by a significant growth where global pipeline gas trade increased by almost 8%, including re-export operations in Europe. LNG trade growth continued exponentially with 10% for the second consecutive year, averaging a level of around 320 Mt.
2019, October, 7, 12:45:00THE NEW NORWAY'S OIL
Nine years after the field was proven, production commenced on Saturday from the North Sea giant, Johan Sverdrup. 24/7, for the next 40 years, oil from this field will secure substantial revenues for Norway.
2019, October, 7, 12:20:00U.S. INTERNATIONAL TRADE DEFICIT UP TO $54.9 BLN
the goods and services deficit was $54.9 billion in August, up $0.9 billion from $54.0 billion in July,
2019, October, 4, 10:10:00U.S. OIL EXPORTS 2.9 MBD
In the first half of 2019, U.S. exports of crude oil increased to average 2.9 million barrels per day (b/d), an increase of 966,000 b/d from the first half of 2018.
2019, October, 4, 09:55:002050: RENEWABLES WILL BE HALF
EIA projects that renewables will collectively increase to 49% of global electricity generation by 2050. Of the top three renewable sources, EIA expects solar’s share of generation to grow the fastest and hydroelectric’s share to grow the slowest.
2019, October, 2, 11:45:00NUCLEAR POWER - 2050: UPDOWN
The new projections to 2030 see generating capacity declining by some 8% in the low case and increasing by 25% in the high estimate. By 2050, it’s seen falling by 6% in the low scenario and rising by 80% in the high case. Compared with last year, the new estimates to 2050 are down by 33 GW(e) in the high case and up by 15 GW(e) in the low case.
2019, October, 2, 11:25:00YAMAL LNG: FOURFOLD
Planned 2019 volumes of LNG delivered eastbound to the Asian Pacific markets via the NSR will be increased by more than 4 times compared to last year.