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WOGNEWS World Energy Oil Gas News analysis prices markets companies Мировая энергетика нефть газ новости цены аналитика рынки компании

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OIL PRICE: ABOVE $63

Brent were down 75 cents, or 1.16%, at $63.80 a barrel, WTI were down $1.15, or 1.94%, at $58.19.

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ARAMCO WILL RECOVER QUICKLY

During the news conference, it was disclosed that production at Khurais resumed 24 hours after the attack. Meanwhile, Mr. Nasser stated that production at Abqaiq is currently 2 million barrels per day and its entire output is expected to be restored to prior rates by the end of September.

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U.S. COALITION CAN CLOSE HORMUZ

The US made another request to import-dependent Japan to join the coalition, and leaders are expected to discuss it at the UN General Assembly in New York next week.

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2019, September, 18, 18:07:00

NEW FRONTIERS IN RENEWABLE ENERGY

Longdom welcomes you to attend the New Frontiers in Renewable Energy and Resources during November 18-19, 2019 at Rome, Italy. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Renewable Energy and Environment science and Engineering.

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2019, September, 18, 18:05:00

INDIA'S GAS DEMAND UP

India's gas demand will continue to rise over the next few years, aided by pricing and policy reforms undertaken by the government and massive investments planned in pipelines and port infrastructure

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2019, September, 18, 18:00:00

INDIA'S COAL PRODUCTION UP

India is projected to produce roughly 815 million mt in fiscal year 2019-2020, up from 730 million mt in FY 2018-2019,

ATTACKS ON SAUDI OIL FACILITIES

Chronicle:
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2019, September, 18, 17:55:00
U.S. GAS, WIND WILL UP
U.S. Energy Information Administration (EIA) forecasts that natural gas-fired electricity generation in the United States will increase by 6% in 2019 and by 2% in 2020. EIA also forecasts that generation from wind power will increase by 6% in 2019 and by 14% in 2020.
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2019, September, 18, 17:50:00
U.S. INDUSTRIAL PRODUCTION UP 0.6%
Industrial production rose 0.6 percent in August after declining 0.1 percent in July. Manufacturing production increased 0.5 percent, more than reversing its decrease in July. Factory output has increased 0.2 percent per month over the past four months after having decreased 0.5 percent per month during the first four months of the year.
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2019, September, 18, 17:45:00
FRANCE'S SMALL NUCLEAR
A new small modular reactor (SMR) design has been announced by the French Alternative Energies and Atomic Energy Commission (CEA), EDF, Naval Group and TechnicAtome. The Nuward - with a capacity of 300-400 MWe - has been jointly developed using France's experience in pressurised water reactors (PWRs).
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2019, September, 18, 17:40:00
MONGOLIA'S GDP UP 6.5%
Mongolia’s economy has recovered vigorously from the recent downturn. Economy growth accelerated to 8.6 percent in the first quarter of 2019, over fiscal balance turned into surplus in 2018, and gross international reserves have increased by $2½ billion since 2016.
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2019, September, 17, 13:10:00
OIL PRICE: ABOVE $67
Brent was down 36 cents, or 0.5%, at $68.66 a barrel, and WTI was down 57 cents, or 0.9%, at $62.33 a barrel. Earlier, the crude benchmarks both fell by around 2%.
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2019, September, 17, 13:05:00
OPEC+ FULFILL OBLIGATIONS
"Nobody has changed the parameters of the [OPEC+} deal. So, I think that we all agreed in Abu Dhabi, that everyone should fulfill their obligations," Novak said, when asked if Russia needs to continue to comply.
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2019, September, 17, 13:00:00
CONFORMITY LEVEL 136%
Conformity with the voluntary production adjustments remains high, 136% in the month of August. However, the JMMC reemphasized the core principles underpinning the DoC, namely, equity, fairness and transparency, and urged all participating countries to intensify their efforts in pursuit of full and timely conformity with their voluntary production adjustments.
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