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2015, July, 30, 19:22:00
US RIGS +19
U.S. Rig Count is up 19 rigs from last week to 876, with oil rigs up 21 to 659, gas rigs down 2 to 216, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 1,007 rigs from last year at 1,883, with oil rigs down 903, gas rigs down 102, and miscellaneous rigs down 2.
The U.S. Offshore rig count is 31, unchanged from last week, and down 29 rigs year over year.
Canadian Rig Count is up 8 rigs from last week to 200, with oil rigs unchanged at 98, and gas rigs up 8 to 102.
Canadian Rig Count is down 195 rigs from last year at 395, with oil rigs down 140, and gas rigs down 55.
2015, July, 30, 19:20:00
STATOIL, TOTAL: HIGHER EFFICIENCY
Last week, Operator Statoil and its PL146/PL333 partner Total E&P Norge announced they made a gas and condensate discovery in the Julius prospect in the King Lear area in Norway’s North Sea
2015, July, 30, 19:15:00
SHELL CUTS 6,500
Royal Dutch Shell said Thursday it will cut 6,500 jobs as it braces for up to several years of low oil prices.
2015, July, 30, 19:10:00
SAIPEM CUTS 8,800
Italian services firm Saipem said Tuesday it will cut 8,800 jobs during the next two years after booking about $1 billion in write downs in the second quarter and slashing its annual guidance.
2015, July, 30, 19:05:00
BP DOWN $6.3 BLN
BP swung to a $6.3 billion second quarter loss on Tuesday after write downs tied to the ongoing conflict in Libya and the company’s recent Deepwater Horizon settlement.
2015, July, 30, 19:00:00
WEATHERFORD CUTS 11,000
Weatherford International boosted its headcount reduction target by 1,000 on Thursday to 11,000 positions.
2015, July, 17, 12:55:00
EU DECREASES RUSSIA
Fifteen nations, more than half of them from the former Soviet bloc, endorsed an action plan to improve energy infrastructure and ultimately to ensure each of them maintains three separate sources of supply. Ministers meeting in Dubrovnik, Croatia, with Maros Sefcovic, the European Commission’s vice president in charge of energy union, chose seven gas link projects that should be sped up and that may be eligible for financial support.
2015, July, 17, 12:40:00
SHELL EXPECTS $90
The Anglo-Dutch energy giant is betting on crude rising to $90 a barrel by 2020, a key assumption in its move to buy rival BG Group (BG.L) for $70 billion to help transform it into a leading player in the costly deepwater oil production and liquefied natural gas (LNG) markets.
2015, July, 17, 00:50:00
UKRAINE WANTS MONEY
This month the head of the EBRD said the bank could invest hundreds of millions of dollars in Ukraine's energy sector this year, but that any investment would depend on Kiev implementing long-promised energy sector reforms.
2015, July, 17, 00:45:00
RUSSIAN TERMINAL CANCELED
Rotterdam, Europe's largest port, said on Thursday that plans to build a Russian-backed 3 million cubic meter oil storage terminal had been canceled after its Russian partner raised concerns over the project's feasibility.