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Crude Oil
Norway Sees Crude Output at 2mn b/d in 2025
Crude production offshore Norway will increase to more than 2mn b/d in 2025 from 1.7mn b/d now, much of it from the giant Johan Sverdrup field, the Norwegian Pe…
Crude Oil
Global Oil Demand is Forecast to Increase by 5.9 million bpd in 2021 Amid Economic Recovery
The US supply forecast was revised up as oil prices trade higher, according to Opec
Hydrogen Project
UAE and Japan to Collaborate on Green Fuel Technologies
Countries to work together on fuel ammonia and carbon recycling
Natural Gas
Gas Demand Surging Toward Record
Forecasts agree this year may see 6-8% rise to reach around 360 billion cubic meters of fuel.
Hydrogen Project
Partnership to Develop UK’s First Low Carbon Production Hub
The hub is set to receive a total investment of £750m (US$1.02bn).
Nuclear Policy
US Order Promotes SMRs for Space Exploration and Defence
This includes directives to demonstrate the use of microreactors on military bases and also to ensure a viable US-origin supply of high-assay low-enriched urani…
Oil&Gas Drilling
ReconAfrica Commences Drilling Operations in Kavango Basin
Reconnaissance Energy Africa Ltd. has commenced drilling operations on the first well (6-2), of an initial three well program, in the deep Kavango Basin in the …
Clean Energy Transition
COP26: Developed Nations Urged to Provide $100bn for Energy Transition
World energy leaders held a virtual COP26 Roundtable on Clean Power Transition to discuss the global transition to clean power as part of a green recovery and t…
Coal Trade
German Coal Moves Ahead of Gas for February
A spike in German NCG gas prices in recent sessions has depressed clean spark spreads for February, pushing more coal ahead of gas in the merit order.
Oil Price
Hike in Petrol, Diesel Rates after Global Oil Price Jump
Accordingly, in the national capital, petrol was sold at the new record high level of Rs 84.45 from the previous days of Rs 84.20 a litre while diesel price inc…
China
China Launches World’s Largest Carbon Market for Power Sector
China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the…
China Belt and Road
ANGOLA: Government Calls on China to Invest in Renewable Energies
The Angolan authorities recently launched an appeal to Chinese businessmen to increase their investment in the renewable energy sector.
Market Analysis
Winter Energy Woes Bedevil Central Asia
Afghanistan, Tajikistan, and Uzbekistan have all suffered in recent months from shortages and blackouts, their citizens experiencing cold nights and darkened li…
Market Analysis
Coronavirus Causes Largest U.S. Greenhouse Gas Emissions Drop Since World War Two
The economic fallout from the uncontrolled spread of COVID-19 - especially in big emitting sectors like transportation, power and industry - resulted in a sharp…
Rosatom
Rosenergoatom: Russian NPPs Finished 2020 with an All-Time Record
In the year that marked the 75th anniversary of the Russian nuclear industry, Rosenergoatom JSC confirmed that it was the сountry’s largest power generating c…
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