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2018, January, 4, 12:25:00
QATARGAS & RASGAS MERGER
TOGY - The merger of the world’s largest LNG producers, Qatargas and RasGas, is complete, and the new entity, called Qatargas, has started operations, parent company Qatar Petroleum (QP) announced
2018, January, 4, 12:20:00
NORWAY'S GAS RECORD
REUTERS - Norway’s pipeline gas exports to Europe hit a record high in 2017, exceeding the previous year by almost 7 percent, preliminary data from the country’s offshore gas systems operator Gassco showed on Tuesday.
2018, January, 4, 12:15:00
U.S. WANT PETROBRAS: $3 BLN
PETROBRAS - The agreement does not constitute any admission of wrongdoing or misconduct by Petrobras. In the agreement, Petrobras expressly denies liability. This reflects its status as a victim of the acts uncovered by Operation Car Wash, as recognized by Brazilian authorities including the Brazilian Supreme Court. As a victim of the scheme, Petrobras has already recovered R$1.475 billion in restitution in Brazil and will continue to pursue all available legal remedies from culpable companies and individuals.
2018, January, 4, 12:10:00
BRITAIN NEED INVESTMENT
REUTERS - British trade minister Liam Fox said on Wednesday that London would continue to welcome foreign investment, after a U.S. panel rejected a Chinese acquisition of a U.S. money transfer company on national security concerns.
2018, January, 4, 12:05:00
RUSSIA - UZBEKISTAN NUCLEAR
ROSATOM - 29 December, 2017, ROSATOM and the Government of the Republic of Uzbekistan signed a nuclear cooperation agreement.
2018, January, 3, 16:05:00
OIL PRICES: ABOVE $66 YET
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $60.50 a barrel at 1017 GMT, up 13 cents from their last close, though still not far off the $60.74 reached on the previous day that was the highest since June 2015.
Brent crude futures LCOc1 - the international benchmark for oil prices - were at $66.74 a barrel, up 17 cents but still trailing Tuesday’s high of $67.29 that was the most since May 2015.
2018, January, 3, 16:00:00
GAS PRICES UP TO $2.990/MMBTU
PLATTS - NYMEX February natural gas futures extended gains overnight in the US leading up to Tuesday's open, on the back of current and midrange weather support. At 7:20 am ET (1220 GMT) the contract was gripping the upside at $2.990/MMBtu, up 3.7 cents on the session.
2018, January, 3, 15:55:00
RUSSIA - CHINA OIL FRIENDSHIP
BLOOMBERG - After a glut sparked the biggest price crash in a generation and starved Russia of oil revenues, the nation sought to boost market share in the world’s top importer. It’s now supplanted Saudi Arabia as the top exporter to China, even as the two producers lead efforts to shrink the global oversupply by curbing output. A pipeline that transports crude from the East Siberia-Pacific Ocean system has helped its mission to increase volumes.
2018, January, 3, 15:50:00
CHINA'S LNG IMPORTS UP 48.4%
PLATTS - Chinese imports of LNG in 2017 totaled 37.89 million mt, up 48.4% year on year, while imports by South Korea totaled 36.51 million mt, up 10.81% year on year.
2018, January, 3, 15:45:00
SAUDIS OIL TO JAPAN UP 19.3%
PLATTS - Japan's crude oil imports from Saudi Arabia rose 19.3% month on month to an average of 1.39 million b/d in November, preliminary data released Thursday by the Ministry of Economy, Trade and Industry showed.