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WOGNEWS World Energy Oil Gas News analysis prices markets companies Мировая энергетика нефть газ новости цены аналитика рынки компании

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OIL PRICE: NEAR $63

Brent rose 40 cents, or 0.6%, to $62.78 a barrel , WTI were up 37 cents, or 0.6%, to $57.77 a barrel.

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OIL PRICES 2019-20: $60-$62

Brent crude oil spot prices averaged $59 per barrel (b) in August, down $5/b from July and $13/b lower than the average from August of last year. EIA forecasts Brent spot prices will average $60/b in the fourth quarter of 2019 and $62/b in 2020. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020.

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OPEC OIL PRODUCTION UP 230 TBD

OPEC oil output averaged 29.71 million b/d in August, up 230,000 from July as production increases in Saudi Arabia, the UAE, Nigeria and Iraq offset declines in Venezuela and Libya,

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2019, September, 11, 11:35:00

IRAQ'S OIL PRODUCTION 4.65 MBD

Iraqi crude production rose to 4.65 million b/d in August, from 4.62 million b/d in July, the country's State Oil Marketing Organization said Monday, meaning the country pumped 140,000 b/d more than its OPEC quota of 4.51 million b/d.

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2019, September, 11, 11:32:00

NEW FRONTIERS IN RENEWABLE ENERGY

Longdom welcomes you to attend the New Frontiers in Renewable Energy and Resources during November 18-19, 2019 at Rome, Italy. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Renewable Energy and Environment science and Engineering.

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2019, September, 11, 11:30:00

BRAZIL'S OIL: $26 BLN

Brazil has announced the rules for an auction of oil drilling rights worth $26bn, setting the stage for Latin America’s top crude producer to become an even bigger player in the global market.

ИНДИЯ И РОССИЯ - СТРАТЕГИЧЕСКИЕ ПАРТНЕРЫ | INDIA, RUSSIA ARE STRATEGIC PARTNERS

Chronicle:
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2019, September, 11, 11:25:00
DUTCH GRONINGEN GAS DOWN 6%
Dutch Groningen gas production in August was down 6% on the year but up 6% from to 1.26 Bcm, according to data from operator NAM.
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2019, September, 10, 18:05:00
OIL PRICE:ABOVE $63
Brent was up 67 cents or 1.07% at $63.26 a barrel, WTI were up 63 cents, or 1.09%, at $58.48 a barrel.
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2019, September, 10, 17:45:00
ENERGY NEED INVESTMENT $11 TLN
The chief executive of the Abu Dhabi National Oil Company (ADNOC) said that the long-term outlook for global energy demand was “robust” and that investment of $11 trillion in oil and gas was needed to keep up with projected demand.
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2019, September, 10, 17:40:00
CHINA'S GAS IMPORTS UP 10%
Over January-August, China imported a total of 63.04 million mt, or 86.93 Bcm of natural gas, up 10.3% from 57.15 million mt, or 78.81 Bcm, during the same period last year, according to the customs data.
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2019, September, 10, 17:35:00
U.S., IRAN SANCTIONS FOREVER
The United States will continue to impose sanctions on whoever purchases Iran’s oil or conducts business with Iran’s Revolutionary Guards and no oil waivers will be re-issued, a U.S. official said on Sunday.
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2019, September, 10, 17:30:00
SOLUTION: NUCLEAR ENERGY
"Energy is essential for promoting human development and global demand is projected to increase significantly in the coming decades," Rising said. "Securing access to modern and affordable energy is essential for all, lifting people out of poverty and promoting energy independence and economic growth. Nuclear energy is a proven solution with a long established track record.
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2019, September, 10, 17:28:00
EURO CLIMATE CHANGE 2019
Longdom is a renowned organization that organizes highly notable conferences throughout the globe. Currently we are bringing forth Challenges in Global Climate Change (Euro Climate Change 2019) scheduled to be held during November 18-19, 2019 Rome, Italy. The conference invites all the participants across the globe to attend and share their insights and convey recent developments in the field of Climate change.
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