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2019, January, 11, 11:15:00
BLOCKCHAIN FOR ENERGY
POWERMAG - Blockchain, originally devised for digital currency such as bitcoin, has moved into the energy space, allowing digital information to be distributed across networks.
2019, January, 11, 11:10:00
RUSSIAN NUCLEAR FOR CHINA
WNN - TVEL and CNLY have signed a contract for the supply of nuclear fuel for the CFR-600 sodium-cooled pool-type fast-neutron nuclear reactor under construction in Xiapu County, in China's Fujian province. TVEL is the nuclear fuel manufacturer subsidiary of Russian state nuclear corporation Rosatom, while CNLY is part of China National Nuclear Corporation (CNNC).
2019, January, 10, 15:31:00
WORLDWIDE RIG COUNT DOWN 22 TO 2,244
The worldwide rig count for December 2018 was 2,244, down 22 from the 2,266 counted in November 2018, and up 155 from the 2,089 counted in December 2017.
2019, January, 9, 11:20:00
OIL PRICE: ABOVE $59
REUTERS - U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were at $50.42 per barrel at 0752 GMT, up 64 cents, or 1.3 percent, from their last settlement. That marked the first time this year that WTI has topped $50 a barrel. International Brent crude futures LCOc1 were up 69 cents, or 1.2 percent, at $59.41 per barrel.
2019, January, 9, 11:15:00
OPEC OIL PRODUCTION DOWN 630 TBD
PLATTS - OPEC crude production in December tumbled 630,000 b/d month on month, an S&P Global Platts survey of industry officials, analysts and shipping data showed Tuesday, but the organization still has much more cutting to do to reach its new quotas for 2019.
2019, January, 9, 11:10:00
SAUDI'S OIL PRODUCTION DOWN 400 TBD
MEOG - Saudi Arabia reportedly cut its crude production by more than 400,000 barrels per day (bpd) in December 2018. Saudi crude production sat at 10.65 million bpd (mbpd) that month, down from 11.07 mbpd in November.
2019, January, 9, 11:05:00
U.S. GAS UP
EIA - In 2018, the average annual Henry Hub natural gas spot price increased to $3.16 per million British thermal units (MMBtu), up 15 cents from the 2017 average.
2019, January, 9, 11:00:00
GLOBAL LNG MARKET UP
PLATTS - The global LNG shipping spot market is expected to remain strong in 2019 on the back of higher spot LNG demand and trading volume growth outpacing LNG vessel supply, according to analysts and ship brokers.
2019, January, 9, 10:55:00
GLOBAL ECONOMIC GROWTH 2.9%
WBG - Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade and manufacturing activity have softened, trade tensions remain elevated, and some large emerging markets have experienced substantial financial market pressures.
2019, January, 9, 10:50:00
INDIA'S COAL DELIVERIES UP
PLATTS - India's 12 major government-owned ports handled around 78.24 million mt of thermal coal between April to December period, up 17% from the same period a year ago, according to latest data by the Indian Ports Association, or IPA released