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2019, April, 29, 10:50:00U.S. RIGS DOWN 21 TO 991
BHGE - U.S. Rig Count is down 21 rigs from last week to 991, with oil rigs down 20 to 805, gas rigs down 1 to 186, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 3 rigs from last week to 63, with oil rigs unchanged at 19 and gas rigs down 3 to 44.
2019, April, 26, 11:30:00OIL PRICE: NOT ABOVE $74 YET
Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a hardening of sanctions on Tehran by the United States.
2019, April, 26, 11:25:00OIL PRICES 2019-20: $66 - $65
Crude oil prices are expected to average $66 a barrel in 2019 and $65 a barrel in 2020,
2019, April, 26, 11:20:00GLOBAL LNG TRADE UP 8%
In 2018, global trade in liquefied natural gas (LNG) increased by 3.2 billion cubic feet per day (Bcf/d) to 41.3 Bcf/d, an 8% increase from 2017
2019, April, 26, 11:15:00FLEXIBLE LNG MARKET
Global oversupply that has pulled spot LNG prices down by more than 50 percent over the past half-year has producers succumbing to consumer demands for fuel on shorter notice and without sourcing or destination restrictions.
2019, April, 26, 11:05:00GLOBAL LNG INVESTMENT $200 BLN
World capital expenditure for both LNG plant and upstream infrastructure will total more than $200bn between 2019 and 2025.
2019, April, 26, 11:00:00VENEZUELA'S OIL PRODUCTION 840 TBD
In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February,
2019, April, 26, 10:55:00NORD STREAM 2 SUCCESS
The meeting participants stressed the success of the operating Nord Stream gas pipeline and the great importance of the under-construction Nord Stream 2 gas pipeline for the energy security of Europe and Germany in particular.
2019, April, 26, 10:50:00POWER OF SIBERIA SCHEDULE
The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that the preparation of facilities for Russian gas exports to China via the Power of Siberia gas pipeline from December 1, 2019, is going according to schedule.
2019, April, 26, 10:45:00NOVATEK'S PROFIT UP 8.9 TIMES
Profit attributable to shareholders of PAO NOVATEK increased to RR 381.8 billion (RR 126.74 per share), or 8.9 times, as compared to the corresponding period in 2018.