Trends
2024, January, 24, 06:25:00
BRITAIN'S NUCLEAR INVESTMENT $1.7 BLN
Currently, about 15% of Britain's energy needs are met by nuclear power, a drop from 27% in the 1990s as older plants have been decommissioned and new ones are taking time to build.
2024, January, 22, 07:00:00
OIL PRICE: BRENT ABOVE $78, WTI ABOVE $73
Brent fell 9 cents, or 0.1%, to $78.47 a barrel, WTI inched up 11 cents to $73.52 a barrel.
2024, January, 22, 06:55:00
GLOBAL OIL DEMAND 2025: +1.8 MBD
The global oil demand growth forecast for 2024 remains unchanged at 2.2 mb/d, with the OECD growing by around 0.3 mb/d and the non-OECD by about 2.0 mb/d. The global oil demand growth in 2025 is expected to see a robust growth of 1.8 mb/d, y-o-y. The OECD is expected to grow by 0.1 mb/d, y-o-y, while demand in the non-OECD is forecast to increase by 1.7 mb/d.
2024, January, 22, 06:40:00
URANIUM PRICES UP
Globally uranium demand is expected to rise by 28% by 2030 and to double by 2040.
2024, January, 18, 07:00:00
OIL PRICE: BRENT ABOVE $78, WTI BELOW $73
Brent gained 28 cents to $78.16 a barrel , WTI rose 34 cents at $72.90.
2024, January, 18, 06:55:00
RUSSIA'S SLOW LNG
Russia has delivered the first drop of liquefied natural gas (LNG) from its heavily sanctioned flagship project, Arctic LNG-2.
2024, January, 18, 06:45:00
RUSSIAN DEVELOPMENT FOR ITER
For the ITER project, which is under construction in Cadarache in southern France, Russia's responsibilities include manufacturing 179 of the most energy intensive (up to 5 MW per square metre) panels of the first wall, which is 40% of the total area of the reactor wall.
2024, January, 18, 06:40:00
BRITAIN NUCLEAR POWER TO QUADRUPLE
Nuclear's share of energy in the UK is currently about 16%, however all but one of its existing reactors are due to retire by 2030.
2024, January, 18, 06:35:00
DECENTRALIZED RENEWABLE ENERGY TECHNOLOGIES
The biggest hurdle in DRE implementation is the lack of robust and commercial-ready renewable energy technologies that can be implemented on a wide scale.
2024, January, 18, 06:30:00
A LOOK AT RECOVERY ESTIMATES FOR VENEZUELA
On October 18, the US Treasury suspended certain sanctions measures on nVenezuela’s oil and gas sector operations.
2024, January, 11, 07:00:00
OIL PRICE: BRENT NEAR $77, WTI BELOW $72
Brent rose 21 cents, or 0.27%, to $77.01 a barrel. WTI gained 20 cents, or 0.28%, to reach $71.57 a barrel.
2024, January, 11, 06:40:00
GLOBAL ENERGY TRANSITION & POVERTY
Energy poverty has spread through industries heavily dependent on energy, resulting in the loss of jobs and the relocation of industries to countries more concerned about economic development than reducing carbon dioxide emissions.
2024, January, 11, 06:35:00
SOLID-STATE EV BATTERY TECHNOLOGY
A solid-state EV battery functions similarly to a lithium-ion battery, but with a significant difference in the electrolyte. Instead of using a gel or liquid electrolyte, solid-state batteries employ a separator that allows ions to flow from the anode to the cathode.
2024, January, 9, 07:00:00
OIL PRICE: BRENT ABOVE $76, WTI NEAR $71
Brent frose 18 cents, or 0.2%, to $76.30 a barrel. WTI inched up 0.1%, or 6 cents, to $70.83 a barrel.
2024, January, 9, 06:40:00
RUSSIAN FLOATING NUCLEAR CONSTRUCTION
“The concept assumes that we do not sell power units as something separate. We sell the electricity that is generated using the floating units. For the customer, this means that it does not matter where and how the unit is built. The customer does not take part in its construction. The construction, fuel loading and subsequent operation of the station is provided by Rosatom,” Nikipelov said.