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These Are The Countries Committing Most To Nuclear Power | ZeroHedge

Post author:bitcointalk
Post published:29.09.2023
Post category:ENERGY
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In the mid-term, nuclear power plants are considered by some experts to be the most efficient transitional solution for achieving global climate goals. Criticism is though levelled at the largely unresolved question of final storage and potential safety risks.

As Statista's Martin Armstrong shows in this infographic, using data from the World Nuclear Association, no country is currently committing more to a nuclear future than China.

You will find more infographics (more…)

Iran To Build Oil Refinery In Central Syria In Partnership With Venezuela | ZeroHedge

Post author:bitcointalk
Post published:28.09.2023
Post category:ENERGY
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Via The Cradle

Iran has revealed plans to build a new oil refinery in Syria's Homs governorate with a capacity of 140,000 barrels per day (bpd) as part of a memorandum of understanding (MoU) signed with Damascus and the government of Venezuela.

"A tripartite memorandum was signed between Iran, Venezuela, and Syria for a new 140,000 barrel refinery to be built in Syria," Jalil Salari, the Managing Director of the National Iranian Oil Refining and Distribution Company (more…)

WTI Extends Gains As Cushing Stocks Near ‘Tank Bottoms’; SPR Drained | ZeroHedge

Post author:bitcointalk
Post published:27.09.2023
Post category:ENERGY
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After their tumble overnight yesterday amid bearish risk appetites, oil prices have soared back to new cycle highs as traders mulled the effects of rapidly tightening supplies after API reported yet another weekly drawdown in stocks at the Cushing hub.

All eyes will be the official data this morning for confirmation of Cushing's ongoing drain…

API

Crude +1.6mm (-600k exp)
Cushing -828k
Gasoline -70k (-200k exp)
Distillates -1.7mm (-1mm (more…)