NORWAY'S OIL PRODUCTION 1.944 MBD
NPD - Preliminary production figures for February 2018 show an average daily production of 1 944 000 barrels of oil, NGL and condensate, which is a decrease of 83 000 barrels per day compared to January.
Total gas sales were 10.2 billion Sm3 (GSm3), which is a decrease of 1.1 GSM3 from the previous month.
The total petroleum production in February 2018 is about 18.8 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 14.9 MSm3 o.e. of oil, about 3.7 MSm3 o.e. of NGL and condensate and about 21.5 MSm3 o.e. of gas for sale. The total volume is 0.7 MSm3 o.e. lower than in 2017.
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FT - US shale oil companies have started to generate free cash thanks to the rise in crude prices, a landmark moment for an industry that has until now relied on an inflow of capital to support its growth.
WBG - Bank Group must strengthen its financial capacity to meet the aspirations of its shareholders, mobilize capital at scale, and respond to global development challenges.
IMF - we agreed on the need to accelerate structural reforms and access to finance in order to raise overall investment and medium-term growth rates to support job creation. The Fund, through its policy advice, can assist countries to design and implement growth-friendly fiscal adjustment, when needed, that responds to the country-specific sources of debt vulnerabilities while preserving needed investments in infrastructure, human capital, and other priority expenditures
IMF - Directors also agreed that the Fund should continue to address governance issues and corruption in surveillance when the applicable standard of the Integrated Surveillance Decision has been met.