Gas
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.
2020, January, 31, 11:45:00
U.S. RENEWABLES WILL UP
U.S. electricity generation from renewable sources such as wind and solar to surpass nuclear and coal by 2021 and to surpass natural gas in 2045.
2020, January, 31, 11:35:00
TURKEY'S GAS IMPORTS DOWN 17%
Turkey's total gas consumption decreased by 15.8% to approximately 3.44 bcm in November 2019, from around 4.09 bcm in November 2018.
2020, January, 31, 11:30:00
SHELL BUYBACK PROGRAMME ANEW
On January 22, 2020 the company completed the previous tranche of its share buyback programme. In aggregate between July 26, 2018 and January 22, 2020, the company repurchased 484,534,678 ordinary shares for an aggregate consideration of $14.75 billion (the ‘aggregate previous tranches’).
2020, January, 29, 13:29:00
TURKSTREAM: THE FIRST BILLION
Gazprom supplied its first billion cubic meters of gas via the TurkStream gas pipeline.
2020, January, 29, 13:00:00
U.S. RENEWABLES CONSUMPTION 12%
U.S. renewable energy consumption totaled 924 trillion British thermal units (Btu), which accounted for 12% of U.S. total primary energy consumption.
2020, January, 29, 12:50:00
FRANCE'S GAS CONSUMPTION UP 2%
The price of gas on the wholesale market decreased from €23.2/MWh in 2018 to €13.6/MWh in 2019 (-41%).
2020, January, 27, 14:30:00
NIGERIA'S GAS PIPELINE INVESTMENT $2.5 BLN
Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.
2020, January, 27, 14:25:00
NOVATEK RESERVES 252%
The organic reserve replacement rate, excluding the effect from acquisitions and disposals, which mainly related to the disposal of 40% participation interest in Arctic LNG 2 project, amounted to 252%, with the addition of 1,487 million boe, inclusive of 2019 production.
2020, January, 27, 14:10:00
U.S. RIGS DOWN 2 TO 794
U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244
2020, January, 24, 13:20:00
U.S. GAS EXPORTS UP TWICE
The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 billion cubic feet per day (Bcf/d) in 2020 (2.0 Bcf/d higher than in 2019) and 8.9 Bcf/d in 2021. Growth in U.S. net exports is led primarily by increases in liquefied natural gas (LNG) exports and pipeline exports to Mexico. Net natural gas exports more than doubled in 2019, compared with 2018, and EIA expects that they will almost double again by 2021 from 2019 levels.
2020, January, 24, 13:15:00
OIL, GAS ENERGY TRANSITION
The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.
2020, January, 24, 13:10:00
GLOBAL RENEWABLE ELECTRICITY UP 20%
global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.