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All publications by tag «»

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2019, January, 21, 11:45:00
OIL FOR CHINA: 12.05 MBD
REUTERS - In December, crude runs rose 4.4 percent from the year before to 51.17 million tonnes, or 12.05 million bpd, hovering near a record of 52.78 million tonnes racked up in October.
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2019, January, 21, 11:40:00
CHINA'S GDP GROWTH 6.6%
PLATTS - China's National Bureau of Statistics on Monday said the country's gross domestic product grew 6.6% year on year in 2018, the slowest pace of growth seen since 1990.
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2019, January, 21, 11:35:00
FLAT US E&P CAPEX
PLATTS - US onshore E&P capital investments in 2019 are likely to be flat to slightly down from last year, with international activity outside North America picking up slowly over the next several months, Schlumberger's top executive said.
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2019, January, 21, 11:30:00
SAUDI ARABIA INVESTMENT $10 BLN
ENCA - Saudi Arabia's planning to build an oil refinery and a petrochemicals plant in South Africa. It's part of a $10-billion (R138-billion) investment in the country.
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2019, January, 21, 11:20:00
FASTEST RENEWABLE GROWING
U.S. EIA - EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years.
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2019, January, 21, 11:15:00
EMIRATES RENEWABLE INVESTMENT AED4.4 BLN
ENA - Mohammed Saif Al Suwaidi, Director-General of ADFD, said, "The Abu Dhabi Fund for Development believes in the vital role the renewable energy sector plays in attaining the sustainable development goals in developing countries. This important sector stimulates economic growth, creates employment opportunities, drives innovation, supports the advancement of other key sectors, and optimises the use of natural resources – all crucial factors in improving people’s lives."
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2019, January, 21, 11:10:00
RUSSIA, SERBIA NUCLEAR
WNN - Russia and Serbia have signed an intergovernmental agreement on cooperation in nuclear energy and a joint statement on strategic partnership for the construction of a centre of nuclear science, technology and innovation.
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2019, January, 21, 11:05:00
SCHLUMBERGER NET INCOME $2.138 BLN
SCHLUMBERGER - Schlumberger Chairman and CEO Paal Kibsgaard commented, “Full-year 2018 revenue of $32.8 billion increased 8% year-on-year and grew for the second successive year. Performance was driven by North America where revenue of $12.0 billion increased 26% due to the results of our OneStim® business, which grew by 41%. Full-year international revenue of $20.4 billion was essentially flat compared with 2017. However, excluding Cameron, international revenue for the second half of 2018 showed year-over-year growth of 3%, marking the beginning of a positive activity trend after three consecutive years of declining revenues.
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2019, January, 21, 11:00:00
TOTAL, SONATRACH INVESTMENT $1.4 BLN
PLATTS - The companies plan to invest around $1.4 billion for the project with Sonatrach and and Total sharing 51% and 49%, respectively.
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2019, January, 21, 10:55:00
U.S. RIGS DOWN 25 TO 1,050
BHGE - U.S. Rig Count is down 25 rigs from last week to 1,050 rigs, with oil rigs down 21 to 852 and gas rigs down 4 to 198. Canada Rig Count is up 25 rigs from last week to 209, with oil rigs up 25 to 128 and gas rigs unchanged at 81.