All publications by tag «»
2020, February, 21, 11:55:00
FRANCE'S NUCLEAR CHANGES
France's Fessenheim nuclear reactor, on the border with Germany, will be shut down at the end of June
2020, February, 21, 11:50:00
NETHERLANDS RENEWABLE INVESTMENT €5 BLN
The Netherlands is the European country with the lowest share of renewable in its energy mix with only 7.4% in 2018.
2020, February, 21, 11:45:00
PETROBRAS NET INCOME $10.2 BLN
Petrobras highlights of the 2019 result:
- Adjusted EBITDA was US$ 32.7billion, an increase of 3.8% in relation to 2018, due to lower production costs and lower contingencies.
- Net income reached US$ 10.2 billion, mainly reflecting gains with asset sales.
- The adjusted net debt / LTM Adjusted EBITDA ratio increased to 2.41x, applying the effects of IFRS 16, from 2.20x in 2018. Once these effects were eliminated, the index would have been 1.95x.
- The remuneration to shareholders in the form of dividends and interest on capital was R$ 10.6 billion, equivalent to R$ 0.73 per common andR$ 0.92 per preferred share in circulation.
2020, February, 21, 11:40:00
AUSTRALIA'S SANTOS NET PROFIT $674 MLN
Santos has delivered strong financial results with EBITDAX1 up 14% to a record US$2.5 billion and free cash flow1 up 13% to over US$1.1 billion. Reported net profitafter tax increased by 7% to US$674 million.
2020, February, 21, 11:35:00
NOVATEK'S PROFIT: +430%
Profit attributable to shareholders of PAO NOVATEK increased to RR 865.5 billion (RR 287.39 per share), or 5.3 times, as compared to 2018.
2020, February, 19, 12:00:00
OIL PRICE: ABOVE $58
Brent was up by 51 cents, or 0.9%, at $58.26 a barrel, WTI was up 55 cents, or 1.1%, at $52.60 a barrel.
2020, February, 19, 11:55:00
GLOBAL OIL DEMAND 2020: 100.73 MBD
Oil demand growth in 2020 is revised down by 0.23 mb/d from the previous month’s assessment. With this, global oil demand is now forecast to grow by 0.99 mb/d and average 100.73 mb/d for 2020,
2020, February, 19, 11:50:00
GLOBAL PETROLEUM DEMAND WILL UP BY 1.0 MBD
EIA now expects global petroleum and liquid fuels demand will rise by 1.0 million b/d in 2020, which is lower than the forecast increase in the January STEO of 1.3 million b/d in 2020, and by 1.5 million b/d in 2021.
2020, February, 19, 11:45:00
OIL DEMAND GROWTH DOWN TO 825 KBD
We have cut our 2020 oil demand growth forecast by 365 kb/d to 825 kb/d, the lowest since 2011.
2020, February, 19, 11:40:00
U.S. ANNOYED: NORD STREAM 2
While Gazprom has said it’s looking at options to complete the pipeline, it hasn’t given any details on where it will find the ship to do the work. One of the pipeline’s financial backers, Austrian gas and oil company OMV AG, has predicted that the Russians will follow through.