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All publications by tag «»

All publications by tag
2017, December, 20, 19:40:00
COAL IN STAGNATION
IEA - Coal’s share in the global energy mix is forecast to decline from 27% in 2016 to 26% in 2022 on sluggish demand growth relative to other fuels. Growth through 2022 is concentrated in India, Southeast Asia and a few other countries in Asia. Coal demand declines in Europe, Canada, the United States and China, the largest coal consumer by far, and where we forecast a structural but slow decline with some fluctuations linked to short-term market requirements.
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2017, December, 20, 19:35:00
SAUDIS EXPECTS +12%
BLOOMBERG - Saudi Arabia expects oil revenue to jump 12 percent next year in a sign the world’s biggest crude exporter expects prices to keep rising in 2018.
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2017, December, 20, 19:30:00
U.S. PETROLEUM DELIVERIES UP TO 19.9 MBD
API - Total petroleum deliveries in November rose to 19.9 million barrels per day. This was the strongest November monthly demand since 2007. Cumulatively through the first 11 months of the 2017, total domestic petroleum deliveries rose by 0.9 percent, which exceeded demand growth in 2016 despite higher prices.
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2017, December, 20, 19:25:00
U.S. DEFICIT $100.6 BLN
BEA - The U.S. current-account deficit decreased to $100.6 billion (preliminary) in the third quarter of 2017 from $124.4 billion (revised) in the second quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit decreased to 2.1 percent of current-dollar gross domestic product (GDP) from 2.6 percent in the second quarter.
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2017, December, 20, 19:20:00
BP: ZOHR HAS STARTED
BP - BP confirmed that production has started from the super-giant Zohr gas field, offshore Egypt. The field is operated by Eni, through its joint venture with The Egyptian General Petroleum Corporation (EGPC), and is the largest natural gas discovery yet to be made in the Mediterranean Sea.
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2017, December, 20, 19:15:00
NORWAY'S PRODUCTION DOWN 102 TBD
NPD - Preliminary production figures for November 2017 show an average daily production of 1 813 000 barrels of oil, NGL and condensate, which is a decrease of 102 000 barrels per day compared to October.
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2017, December, 20, 19:10:00
NORWAY'S FENJA INVESTMENT NOK 10 BLN
NPD - On Tuesday, the licensees, led by operator VNG, submitted a Plan for Development and Operation (PDO) for Fenja in the Norwegian Sea. Investments are expected to total approx. NOK 10 billion.
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2017, December, 20, 19:05:00
REPSOL'S INVESTMENT NOK 8 BLN
NPD - On Tuesday, operator Repsol submitted a new Plan for Development and Operation (PDO) for the Yme field in the North Sea. More eight billion kroner will be invested in the development. The planned start-up is 2020.
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2017, December, 20, 19:00:00
U.S. OIL + 94 TBD, GAS + 764 MCFD
EIA - Crude oil production from the major US onshore regions is forecast to increase 94,000 b/d month-over-month in January to 6,408 million b/d, gas production to increase 764 million cubic feet/day to 63,030 million cubic feet/day .
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2017, December, 18, 12:50:00
OIL PRICE: BELOW $64 YET
REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $63.72 a barrel at 0821 GMT, up 49 cents, or 0.8 percent, from their last close. Brent crude futures LCOc1, the international benchmark for oil prices, were at $63.72 a barrel at 0821 GMT, up 49 cents, or 0.8 percent, from their last close.