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All publications by tag «GAS»

All publications by tag
2017, February, 14, 19:00:00
U.S. OIL GAS PRODUCTION UP AGAIN
U.S. oil production will up 80 tbd, gas production will up 524 mcfd.
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2017, February, 11, 19:00:00
U.S. RIGS UP 12
U.S. Rig Count is up 200 rigs from last year's count of 541, with oil rigs up 152, gas rigs up 47, and miscellaneous rigs up 1. Canadian Rig Count is up 130 rigs from last year's count of 222, with oil rigs up 89 and gas rigs up 41.
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2017, February, 10, 18:30:00
INDONESIA NEEDS $80 BLN INVESTMENTS
Indonesia needs to invest $70 billion to $80 billion in gas infrastructure through 2030 to avoid a potential gas shortage, as domestic consumption growth outpaces supply, state-owned energy business Pertamina said Tuesday.
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2017, February, 9, 18:40:00
OIL & GAS WEAKNESS
The executives predicted slower growth as “they forecast oil prices to take a long time to rebound to US$70 per barrel,” the point at which prices started to plunge two years ago, said Wu Yi, DNV’s business development manager for China, South Korea and Japan.
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2017, February, 9, 18:30:00
SUNCOR NET EARNINGS $445 MLN
‘‘Suncor generated $2.4 billion in cash in the fourth quarter thanks to strong contributions from all of our assets and our focus on cost management,’’ said Steve Williams, president and chief executive officer. ‘‘Reliable performance throughout the year has helped us overcome challenging crude pricing and the major production outage associated with the Fort McMurray forest fires, resulting in annual cash flow significantly exceeding our annual sustaining capital and dividend commitments.’’
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2017, February, 8, 19:00:00
GAS PRICES: ABOVE $3.1/MMBTU
The NYMEX March natural gas futures contract settled 8 cents higher at $3.130/MMBtu on Tuesday, on the heels of a slide that saw the prompt month shed nearly 13 cents across two trading days.
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2017, February, 8, 18:45:00
SOUTH CHINA SEA TALKS
China is committed to having talks with the parties directly involved, and in accordance with historical facts and international law to peacefully resolve the issue, and that position will not change, Wang said.
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2017, February, 8, 18:35:00
INDIAN OIL UP 66%
India’s leading state owned oil and gas firm Indian Oil posted a net profit of rupees 153.86bn ($2.29bn) for the nine months ended December 31, 2016, compared with a net profit of rupees 92.36bn during the corresponding period of the previous year, a jump of almost 66%.
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2017, February, 8, 18:30:00
INDIAN ONGC UP 197%
Indian ONGC reported profit of rupees 43.52bn ($0.65bn) in 3Q of fiscal 2016-17 as against rupees 14.66bn in the corresponding quarter of last year, a rise of 197%, the company said last week citing higher gross oil realisation as the primary reason.
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2017, February, 7, 18:45:00
EU WITH RUSSIA SANCTIONS
The European Union, although reliant on Russian oil and gas, says it will never recognize Moscow's 2014 annexation of Ukraine's Crimea peninsula and expects the Kremlin to abide by the Minsk peace deal brokered for eastern Ukraine.