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2020, January, 24, 13:45:00OIL PRICE:NEAR $62
Brent were up 31 cents, or 0.5%, at $62.35 a barrel, WTI were up 27 cents, or 0.5% higher at $55.86 a barrel.
2020, January, 24, 13:40:00GLOBAL OIL DEMAND 2020: 100.98 MBD
For 2020, oil demand growth is revised up by 0.14 mb/d from the previous month’s assessment and is forecast at 1.22 mb/d, mainly reflecting an improved economic outlook for 2020. As a result, total world oil demand is projected to rise from 99.77 mb/d in 2019 to 100.98 mb/d in 2020.
2020, January, 24, 13:35:00U.S. OIL EXPORTS 9 MBD
U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019
2020, January, 24, 13:30:00U.S., CANADA BANKRUPTCIES UP 50%
U.S. and Canadian oil and natural gas exploration and production company bankruptcies totaled 42 in 2019, up from 28 in 2018,
2020, January, 24, 13:25:00U.S. OIL PRODUCTION SLOWING
U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.
2020, January, 24, 13:20:00U.S. GAS EXPORTS UP TWICE
The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 billion cubic feet per day (Bcf/d) in 2020 (2.0 Bcf/d higher than in 2019) and 8.9 Bcf/d in 2021. Growth in U.S. net exports is led primarily by increases in liquefied natural gas (LNG) exports and pipeline exports to Mexico. Net natural gas exports more than doubled in 2019, compared with 2018, and EIA expects that they will almost double again by 2021 from 2019 levels.
2020, January, 24, 13:19:00RENEWABLE ENERGY OPPORTUNITIES IN GEORGIA
The energy sector of Georgia is very attractive in terms of its untapped potential, developing infrastructure and increasing local and regional demand.
2020, January, 24, 13:18:00SAIPEC EXIBITION, CONFERENCE 25-27 FEB 2020
WELCOME TO THE 4TH SUB SAHARAN AFRICA INTERNATIONAL PETROLEUM EXHIBITION AND CONFERENCE - OIL AND GAS AS AN ENABLER FOR ECONOMIC TRANSFORMATION IN SUB-SAHARAN AFRICA
2020, January, 24, 13:18:00PROJECT FINANCE & PROJECT FINANCIAL MODELLING WORKSHOP
Registration opens for 2020 Project Finance & Project Financial Modelling workshop A 5-days course covers both project finance and financial modelling best practices.
2020, January, 24, 13:17:00LNG CONGRESS RUSSIA - A 5%-DISCOUNT EXPIRES IN THREE DAYS
We are writing just to let you know that there are 3 days left to take advantage of a 5%-discount to register for the 7th International LNG Congress Russia (Moscow, 18 and 19 March 2020). The offer ends on 24 January. The Congress annually attracts over 250 senior executives, operators of LNG projects, investors and experts for sharing opinions on issues associated with industry development in Russia and worldwide.