Oil&Gas
2019, February, 20, 10:55:00
NORWAY'S RESOURCES UP
NPD - The Norwegian Petroleum Directorate’s estimate for total proven and unproven petroleum resources on the Norwegian Continental Shelf is about 15.6 billion standard cubic metres of oil equivalents.
2019, February, 20, 10:35:00
LUKOIL RESERVES 101%
LUKOIL - According to the SEC classification, the Company's proved hydrocarbon reserves totaled 15.9 billion barrels of oil equivalent, 76% of which stood for liquids. The proved reserves replacement ratio for liquids totaled 101%. In Russia, the main region of LUKOIL's operations, the replacement ratio reached 127%. The Company's proved hydrocarbon reserves life is 19 years.
2019, February, 18, 12:15:00
U.S. OIL PRODUCTION 11.9 MBD AGAIN
API - Strongest gasoline demand (8.9 million barrels per day, mb/d) for the month January on record since 1945.
Record refinery and petrochemical demand for other oils’ in any month (5.7 mb/d)
U.S. production of crude oil (11.9 mb/d) and natural gas liquids (NGLs) (4.9 mb/d)
Refinery throughput (17.3 mb/d) and capacity utilization (93.1 percent) for the month of January.
2019, February, 18, 11:55:00
U.S. TIGHT OIL PRODUCTION 7 MBD
U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
2019, February, 18, 11:30:00
U.S. RIGS UP 2 TO 1,051
BHGE - U.S. Rig Count is up 2 rigs from last week to 1,051 rigs, Canada Rig Count is down 16 rigs from last week to 224,
2019, February, 15, 11:50:00
BP ENERGY OUTLOOK 2019
BP - The 2019 edition of BP’s Energy Outlook, published today, explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a more rapid transition to a lower-carbon future.
2019, February, 15, 11:45:00
BP INVESTMENT FOR EGYPT $1.8 BLN
CNBC - Asked how much BP could spend in Egypt in 2019, Dudley said the amount would be significant. "There will be a third phase we're spending on, we're exploring today with other companies ... (So we'll be spending) $1.8 billion give or take. That's a lot," he said.
2019, February, 15, 11:40:00
TRANSCANADA'S NET INCOME $1.1 BLN
TRANSCANADA - TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2018 of $1.1 billion or $1.19 per share compared to net income of $0.9 billion or $0.98 per share for the same period in 2017.
2019, February, 11, 10:35:00
RUSSIA SANCTIONS ISN'T OBSTACLE
PLATTS - "Imports of Russian crude oil and LNG do not go through any chokepoints such as the Strait of Hormuz. Therefore they are important for the diversification of Japan's energy import sources, and I hope that Russia will play an even larger role. I would like to continue working to expand our cooperation," Seko said.
2019, February, 11, 10:00:00
U.S. RIGS UP 4 TO 1,049
BHGE - U.S. Rig Count is up 4 rigs from last week to 1,049 rigs, with oil rigs up 7 to 854 and gas rigs down 3 to 195. Canada Rig Count is down 3 rigs from last week to 240, with oil rigs down 1 to 158 and gas rigs down 2 to 82.
2019, February, 8, 11:25:00
IRAN'S GAS PRODUCTION UP
SHANA - Zangeneh said Iran had outdone Qatar in recovery from the giant offshore South Pars gas field and surpassed Iraq in production from jointly owned oil reservoirs.
2019, February, 8, 11:10:00
TOTAL NET INCOME $13.6 BLN UP 28%
TOTAL - Benefiting from the rise of oil prices to $71/b on average in 2018 compared to $54/b in 2017, while remaining volatile, the Group reported adjusted net income of $13.6 billion in 2018, an increase of 28%, a return on average capital employed close to 12%, the highest among the majors, and a pre-dividend breakeven below 30 $/b.
2019, February, 8, 11:05:00
NOV VARCO NET LOSS $31 MLN
NOV - National Oilwell Varco, Inc. (NYSE: NOV) reported fourth quarter 2018 revenues of $2.40 billion, an increase of 11 percent compared to the third quarter of 2018 and an increase of 22 percent from the fourth quarter of 2017. Operating profit for the fourth quarter of 2018 was $87 million, or 3.6 percent of sales, Adjusted EBITDA (operating profit excluding depreciation, amortization, and other items) was $279 million, or 11.6 percent of sales, and net income was $12 million. Operating profit increased 19 percent sequentially, and Adjusted EBITDA increased 14 percent sequentially and 42 percent compared to the fourth quarter of 2017. Other items totaled $21 million, pre-tax, and were primarily related to charges associated with the closure of one of the Company’s facilities.
2019, February, 8, 11:00:00
WORLDWIDE RIG COUNT UP 20 TO 2,264
BHGE - The worldwide rig count for January 2019 was 2,264, up 20 from the 2,244 counted in December 2018, and up 89 from the 2,175 counted in January 2018.
2019, February, 6, 11:00:00
ROSNEFT'S NET INCOME, $: +134%
ROSNEFT - Financial results for 12M 2018 and 4Q 2018
EBITDA growth by 1.5 times YoY up to RUB 2 trln with margins improvement up to 25%
Net Income jumped by 2.5 times YoY up to RUB 549 bln in 12M 2018
Fee cash flow in 12M 2018 up to USD 17.9 bln
Drop over USD 14 bln of total trading prepayments and net debt