Analysis
![Analysis](/cache/05-21/philippines-2.c1a928f3.jpg)
2021, May, 12, 12:45:00
PHILIPPINES LNG: $14 BLN RISK
“Officials in the Philippines have endorsed a rapid buildout of LNG import infrastructure due to the anticipated depletion of the Malampaya deepwater development, the country’s only domestic source of natural gas, and high GDP growth expected over the next decade,”
![Analysis](/cache/05-21/storage-4.56720067.jpg)
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
![Analysis](/cache/05-21/hydrogen-186.5672db91.jpg)
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
![Analysis](/cache/05-21/rig-222.add45951.jpg)
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
![Analysis](/cache/05-21/price-334.94fc69ce.jpg)
2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
![Analysis](/cache/05-21/price-328.ed8d3c7d.jpg)
2021, May, 7, 14:55:00
OPEC+ OVERPRODUCTION 3.3 MBD
Russia, the largest non-OPEC partner in the alliance, has increasingly flouted its cap over the last several months, with its excess production soaring to 877,000 b/d.
![Analysis](/cache/05-21/rig-221.3dee6e5d.jpg)
2021, May, 7, 14:35:00
WORLDWIDE RIG COUNT DOWN 43 TO 1,189
The Worldwide Rig Count for April was 1,189, down 43 from the 1,231 counted in March 2021
![Analysis](/cache/05-21/price-326.ac226055.jpg)
2021, May, 6, 13:40:00
OIL PRICE: NEAR $70 ANEW
Brent fell by 28 cents, or 0.4%, to $68.68 a barrel. WTI lost 31 cents, or 0.5%, to $65.32 a barrel.
![Analysis](/cache/05-21/price-320.7173177d.jpg)
2021, May, 6, 13:35:00
ЦЕНА URALS: $ 60,47
Средняя цена на нефть марки Urals в январе-апреле 2021 года сложилась в размере $60,47 за баррель, в январе-апреле 2020 года - $41,04 за баррель.
![Analysis](/cache/05-21/usa-50.ba383c5a.jpg)
2021, May, 6, 13:25:00
U.S. SOLAR JOBS DOWN 7%
The decline extends a volatile period for solar sector jobs, which have yet to return to a peak reached in 2016 before the U.S. imposed tariffs on foreign-made panels that increased prices.
![Analysis](/cache/05-21/usa-49.9e41c60f.jpg)
2021, May, 6, 13:05:00
U.S. OIL INVENTORIES DOWN 8.0 MB TO 485.1 MB
U.S. commercial crude oil inventories decreased by 8.0 million barrels from the previous week to 485.1 million barrels,
![Analysis](/cache/05-21/russia-78.0c9fa338.jpg)
2021, May, 6, 13:00:00
ДОХОДЫ РОССИИ +176,5 МЛРД.РУБ.
Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета, связанный с превышением фактически сложившейся цены на нефть над базовым уровнем, прогнозируется в мае 2021 года в размере +176,5 млрд руб.
![Analysis](/cache/05-21/varco-40.86879d25.jpg)
2021, May, 6, 12:55:00
NOV VARCO NET LOSS $115 MLN
NOV reported first quarter 2021 revenues of $1.25 billion, a decrease of six percent compared to the fourth quarter of 2020 and a decrease of 34 percent compared to the first quarter of 2020.
![Analysis](/cache/05-21/novatek-71.31a99c96.jpg)
2021, May, 6, 12:50:00
NOVATEK PROFIT RUB 75.8 BLN
PAO NOVATEK released its consolidated interim condensed financial statements for the three months ended 31 March 2021 prepared in accordance with International Financial Reporting Standards (“IFRS”).
![Analysis](/cache/05-21/price-319.c0306199.jpg)
2021, May, 5, 16:45:00
OIL PRICE: NEAR $70
Brent rose 75 cents, or 1.1%, to $69.63 a barrel. WTI was up 67 cents, or 1%, to $66.36 a barrel.