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2018, March, 23, 08:30:00
SHELL GROWTH AMBITIONS
SHELL - Shell reiterated its expectation of $6-7 billion annual organic free cash flow from Downstream by 2020, at $60 per barrel (real terms 2016) and mid-cycle Downstream conditions, with $9-12 billion expected by 2025. The company plans to invest $7-9 billion a year across Downstream, and to deliver a return on average capital employed (ROACE) above 15%.
2018, March, 23, 08:25:00
U.S. LNG FOR EUROPE ANEW
OGJ - “It’s at a critical point; $150 billion of new infrastructure will be needed domestically. With all the growth in the Permian, there’s not capacity to ship gas to Louisiana,” Hochstein said. “If governments in both the US and Europe aren’t willing to put infrastructure in place, real progress won’t be made.”
2018, March, 23, 08:20:00
U.S. DEFICIT UP TO $128.2 BLN
BEA - The U.S. current-account deficit increased to $128.2 billion (preliminary) in the fourth quarter of 2017 from $101.5 billion (revised) in the third quarter, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.6 percent of current- dollar gross domestic product (GDP) in the fourth quarter, up from 2.1 percent in the third quarter.
2018, March, 23, 08:15:00
U.S. FEDERAL FUNDS RATE 1.5 - 1.75%
FRB - In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1-1/2 to 1-3/4 percent. The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.
2018, March, 23, 08:10:00
ASIA NEEDS NUCLEAR
WNN - Asia needs nuclear energy to meet its economic, energy and environmental goals, but such plans are still in the development phase in the South East region of the continent, Agneta Rising, director general of World Nuclear Association, said.
2018, March, 23, 08:05:00
NORWAY'S OIL PRODUCTION 1.944 MBD
NPD - Preliminary production figures for February 2018 show an average daily production of 1 944 000 barrels of oil, NGL and condensate, which is a decrease of 83 000 barrels per day compared to January.
2018, March, 23, 08:00:00
ADNOC - CNPC AGREEMENT: $1.175 BLN
AOG - China National Petroleum Corporation (CNPC), the world’s third largest oil company, has been awarded stakes in two of Abu Dhabi’s offshore concession areas following the signing of agreements with Abu Dhabi National Oil Company (ADNOC).
2018, March, 21, 12:50:00
OIL PRICE: NOT ABOVE $68
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.69 a barrel at 0744 GMT, up 15 cents, or 0.2 percent, from their previous close.
Brent crude futures LCOc1 were at $67.56 per barrel, up 14 cents, or 0.2 percent.
2018, March, 21, 12:45:00
РОССИЯ ИСПОЛНИТ СОГЛАШЕНИЕ
МИНЭНЕРГО РОССИИ - цель соглашения - баланс спроса и предложения на рынке - может быть достигнута, начиная с третьего или четвертого квартала этого года. «Нужно смотреть, как будет развиваться ситуация весной и в летний период во время роста спроса», - добавил Александр Новак.
2018, March, 21, 12:40:00
U.S. GAS EXPORT - 2017
EIA - The United States exported more natural gas than it imported in 2017, marking the first time since 1957 that the United States has been a net natural gas exporter. The transition to net exporter occurred as natural gas production in the United States continued to grow, reducing pipeline imports from Canada and increasing exports, both by pipeline and as liquefied natural gas (LNG).