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2018, December, 21, 14:15:00
U.S. DEFICIT UP TO $124.8 BLN
U.S. BEA - The U.S. current-account deficit increased to $124.8 billion (preliminary) in the third quarter of 2018 from $101.2 billion (revised) in the second quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.4 percent of current-dollar gross domestic product (GDP) in the third quarter, up from 2.0 percent in the second quarter.
2018, December, 21, 14:10:00
INDIA'S OIL IMPORTS DOWN BY 11.4%
PLATTS - India imported 17 million mt (4.2 million b/d) of crude oil in November, down 11.4% year on year, the latest provisional data from the country's Petroleum Planning and Analysis Cell showed.
2018, December, 21, 14:05:00
NORWAY'S PETROLEUM PRODUCTION 1.9 MBD AGAIN
NPD - Preliminary production figures for November 2018 show an average daily production of 1 880 000 barrels of oil, NGL and condensate, which is an increase of 22 000 barrels per day compared to October.
2018, December, 21, 14:00:00
NOVATEK, SACE STRATEGIC COOPERATION
NOVATEK - PAO NOVATEK ("NOVATEK" and/or the "Company") and SACE (CDP Group) signed a Memorandum on Strategic Cooperation (“Memorandum”) in relation to the Company's current and future LNG projects. The parties agreed to develop long-term cooperation on the Arctic LNG 2 project and potential new LNG projects involving Italian suppliers and engineering companies.
2018, December, 21, 13:55:00
SAIPEM, RENAISSANCE IN RUSSIAN LNG
SAIPEM - Saipem, in Joint Venture with Renaissance, a Turkish oil&gas services company, has been awarded a new Onshore E&C project in the Russian Federation worth 2.2 billion Euro overall. As leader of the JV, with a shareholding of 50%, Saipem’s portion of the total amount is therefore approximately 1.1 billion Euro.
2018, December, 21, 13:50:00
RUSSIA - S.KOREA NUCLEAR COOPERATION
WNN - Russia's National Operator for Radioactive Waste Management (NO RWM), Russian state nuclear corporation Rosatom and the Korea Radioactive Waste Agency (KORAD) today signed an agreement to cooperate in radioactive waste management. The agreement was signed by Igor Igin, NO RWM's director genera, Oleg Kryukov, Rosatom's director of state policy on radioactive waste, used nuclear fuel and decommissioning, and Cha Sung-soo, chairman of KORAD.
2018, December, 21, 13:45:00
U.S. THERMONUCLEAR PARTICIPATION
WNN - The USA should continue its participation in the International Thermonuclear Experimental Reactor (ITER) project and develop a national research programme towards building a compact pilot plant, according to the National Academies of Sciences, Engineering, and Medicine (NASEM).
2018, December, 17, 10:50:00
OIL PRICE: NEAR $60
PLATTS - At 10:30 am Singapore time (0250 GMT), February ICE Brent crude futures inched down 4 cents/b (0.07%) from Friday's settle to $60.24/b, while the NYMEX January light sweet crude contract rose 5 cents/b (0.1%) to $51.25/b
2018, December, 17, 10:40:00
KING SALMAN ENERGY PARK: $6 BLN
MEOG - King Salman Energy Park (SPARK), a 50sqkm "energy city megaproject" in Saudi Arabia, is one of the Kingdom's most impressive endeavours into localisation so far. Once operational, it is expected to generate 100,000 direct and indirect jobs and should contribute $6bn to Saudi Arabia's GDP annually.
2018, December, 17, 10:35:00
SAUDI ARAMCO, RAYTHEON COOPERATION
MEOG - Saudi Aramco and Raytheon Company, through its subsidiary Raytheon Saudi Arabia, signed a memorandum of understanding to establish a joint venture company that will develop and provide best-in-class cybersecurity services in Saudi Arabia and the region.