Gas
2020, February, 7, 10:05:00
NOV VARCO NET LOSS $6.1 BLN
NOV VARCO revenues for the full year 2019 were $8.48 billion, operating loss was $6.28 billion, and net loss was $6.10 billion, or $15.96 per share. Adjusted EBITDA for the full year was $885 million, or 10.4 percent of sales.
2020, February, 5, 11:15:00
RUSSIA'S GAS FOR EUROPE DOWN
Gas demand across Europe has been unseasonably weak in January due to warm weather, with the month also seeing a re-routing of Russian gas exports to Europe with the start-up of the TurkStream gas pipeline to Turkey replacing some flows via Ukraine.
2020, February, 5, 11:10:00
NORD STREAM 2: REDUCTION CO2 EMISSIONS 50%
When replacing hard coal, natural gas achieves an immediate 50 percent reduction of CO2 emissions.
2020, February, 5, 11:05:00
U.S. OIL & GAS PRODUCTION UP
In 2018, while production was increasing, the total number of wells producing crude oil and natural gas in the United States fell to 982,000, down from a peak of 1,035,000 wells in 2014.
2020, February, 5, 11:00:00
CHINA'S LPG IMPORTS UP 8.5%
China imported 14.91 million mt of propane in 2019, up 10.8% or 1.45 million mt from 2018
2020, February, 5, 10:40:00
ENI, BAHRAIN ENERGY COOPERATION
In accordance with Bahrain’s national energy plan, renewable energy will be an area of particular interest in order to consider potential business opportunities. In the LNG sector, the collaboration will target a more sustainable and efficient energy mix to meet Bahrain’s future energy needs. Eni’s unique know-how and expertise will also be leveraged to evaluate further exploration opportunities.
2020, February, 5, 10:25:00
SOUTH AFRICA'S OIL & GAS RULES
The question is whether the terms are attractive enough when nations are competing increasingly aggressively for investment from international oil companies (IOCs) and the potential demand destruction from the energy transition looms over the coming decades. The attractiveness of South Africa’s terms will have ramifications far beyond its borders.
2020, February, 5, 10:20:00
BP PROFIT $4 BLN
BP profit was $19 million for the fourth quarter and $4.0 billion for the full year.
2020, February, 5, 10:15:00
LUKOIL PRODUCTION 2.4 MBD
In the fourth quarter of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,388 thousand boe per day
2020, February, 3, 11:40:00
UAE GAS WILL UP
"ADNOC will deploy capital, technology, and expertise to develop and produce shallow gas resources and conduct further exploration to assess further volumes and firm up development costs," it said Monday in a statement.
2020, February, 3, 11:35:00
U.S. LNG FOR INDIA: $2.5 BLN
Petronet will invest the money over a five-year period in Tellurian’s proposed $27.5 billion Driftwood LNG export project in Louisiana and the deal will give Petronet an equity stake in the project and rights for up to 5 million tonnes a year of LNG,
2020, February, 3, 11:25:00
EXXON NET INCOME $5.69 BLN
ExxonMobil Earns $14.3 Billion in 2019; $5.7 Billion in Fourth Quarter
2020, February, 3, 11:20:00
CHEVRON NET LOSS $6.6 BLN
Chevron Corporation (NYSE: CVX) reported a loss of $6.6 billion ($(3.51) per share - diluted) for fourth quarter 2019,
2020, February, 3, 11:10:00
U.S. RIGS DOWN 4 TO 790
U.S. Rig Count is down 4 rigs from last week to 790, Canada Rig Count is up 3 rig from last week at 247
2020, January, 31, 12:25:00
U.S. OIL PRODUCTION FORECAST: 14 MBD
In the AEO2020 Reference case, U.S. crude oil production reaches 14.0 million barrels per day (b/d) by 2022 and remains near this level through 2045 as tight oil development moves into less productive areas and well productivity declines.