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2016, February, 20, 20:30:00
OIL PRICES UPDOWN
Oil prices fell 4 percent on Friday, with Brent down a third straight week, as record high U.S. crude stockpiles intensified worries that a plan to freeze world output will do little or nothing to reduce massive oil supplies already in the market.
2016, February, 20, 20:25:00
U.S. RIGS DOWN 27
U.S. Rig Count is down 27 rigs from last week to 514, with oil rigs down 26 to 413, and gas rigs down 1 to 101.
Canadian Rig Count is down 16 rigs from last week to 206, with oil rigs down 9 to 109, and gas rigs down 7 to 97.
2016, February, 16, 19:30:00
FREEZE OIL OUTPUT
Saudi Arabia and Russia, the world’s two largest crude producers, agreed to freeze output after talks in Qatar.
2016, February, 16, 19:25:00
ROSNEFT & SAUDI MERGER
Oil giant Rosneft is interested in the privatization of Saudi Arabia’s national petroleum company Saudi Aramco, according to Rosneft CEO Igor Sechin who made the statement at the International Petroleum Week forum in London.
2016, February, 16, 19:12:00
EUROPE HAS A MULTIPLICITY
The first was that Europe has a multiplicity of suppliers and that, in terms of gas at least, its energy security is good; the second is that Statoil does not pursue a market share policy but instead focuses on the need for a predictable market environment to enable it to maintain current levels of piped gas deliveries to Europe for the next 20 years or so.
2016, February, 16, 19:10:00
IRANIAN OIL FOR EUROPE
The first shipment of Iranian crude oil to the European Union in more than three years is poised to depart as soon as Monday, Iranian officials said.
2016, February, 16, 19:05:00
CHINA'S OIL IMPORTS DOWN
China's crude oil imports fell 20 percent in January from record high volumes the previous month to their lowest level since October, official customs data showed on Monday.
2016, February, 16, 19:00:00
SHELL & BG COMBINING: $53 BLN
From February 15, BG Group is part of Royal Dutch Shell. This combination brings together two world-class portfolios creating a more competitive company. We have acquired productive oil and gas projects across countries including Brazil and Australia and will be able to shape a simpler, leaner company. Together we will focus on our core expertise in deep water and liquefied natural gas (LNG).
2016, February, 16, 11:03:00
NABORS NET LOSS $372.7 MLN
Net income from continuing operations for the year was a loss of $329.5 million, or ($1.14) per diluted share, compared to a loss of $669.3 million, or ($2.28) per diluted share, in FY 2014.
2016, February, 14, 13:30:00
OIL PRICES DOWN TO $26
The price for light, sweet crude oil for March delivery dropped more than $1 on the New York market Feb. 11 to settle at $26.21/bbl, the lowest settlement since May 6, 2003. But oil prices appeared to be climbing in early trading on Feb. 12 after news reports of comments about possible production cuts.