U.S. RIGS DOWN 34
BHI Rig Count: U.S. -34 to 954 rigs
U.S. Rig Count is down 34 rigs from last week to 954, with oil rigs down 26 to 734, gas rigs down 8 to 217, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 877 rigs from last year at 1831, with oil rigs down 776, gas rigs down 99, and miscellaneous rigs down 2.
The U.S. Offshore rig count is 33, unchanged from last week, and down 19 rigs year over year.
BHI Rig Count: Canada -19 to 80 rigs
Canadian Rig Count is down 19 rig from last week to 80, with oil rigs unchanged at 20, and gas rigs down 19 to 60.
Canadian Rig Count is down 119 rigs from last year at 199, with oil rigs down 65, and gas rigs down 54.
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AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.
TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.
ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.
FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.