Analysis
2021, February, 9, 15:40:00
LNG PRODUCTION DOWN
LNG Canada initially is to consist of two trains that together would provide 14 million metric tons/year of gas.
2021, February, 9, 15:30:00
RUSSIA'S TURKSTREAM FOR EUROPE
Like the Nord Stream and Nord Stream 2 pipeline projects, TurkStream was designed to enable Russian gas to reach European markets without having to flow through Ukraine.
2021, February, 9, 15:25:00
U.S. RENEWABLES WILL DOUBLE
the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050.
2021, February, 9, 15:20:00
LUKOIL PRODUCTION +9.5%
In the fourth quarter of 2020 LUKOIL Group's average hydrocarbon production was 2,065 kboe per day, which is 9.5% higher quarter-on-quarter.
2021, February, 8, 12:55:00
OIL PRICE: NEAR $60
Brent touched an intraday high of $60.06 a barrel. WTI advanced 60 cents, or 1.1%, to $57.45 a barrel.
2021, February, 8, 12:35:00
CHINA INDEXES UP
The blue-chip CSI300 index rose 1.5% to 5,564.56, while the Shanghai Composite Index added 1% to 3,532.45 points.
2021, February, 8, 12:30:00
U.S. INTERNATIONAL TRADE DEFICIT DOWN TO $66.6 BLN
the U.S. goods and services deficit was $66.6 billion in December, down $2.4 billion from $69.0 billion in November
2021, February, 8, 12:05:00
WORLDWIDE RIG COUNT UP 79 TO 1,183
The Worldwide Rig Count for January was 1,183, up 79 from the 1,104 counted in December 2020, and down 890 from the 2,073 counted in January 2020.
2021, February, 8, 12:00:00
U.S. RIGS UP 8 TO 392
U.S. Rig Count is up 8 from last week to 392, Canada Rig Count is down 3 from last week to 171,
2021, February, 5, 12:45:00
OIL PRICE: NEAR $59 YET
Brent climbed 28 cents, or 0.5%, to $59.12 a barrel. WTI were up 29 cents, or 0.5%, to $56.52 a barrel.
2021, February, 5, 12:40:00
OIL REMAINS THE FUEL
Petroleum remains the most-consumed fuel in the United States, as energy-related carbon dioxide emissions dip through 2035 before climbing in later years.
2021, February, 5, 12:35:00
INDIA OIL DEMAND WILL UP
"India's peak oil demand will be much later than what many analysts predict. So we will be seeing handsome demand numbers going into 2030s and 2040s, if not 2050s,"
2021, February, 5, 12:30:00
CHINA OIL PRODUCTION WILL UP
CNOOC targeted to produce 590 million-600 million boe of oil and gas in 2022 and 640 million-650 million boe in 2023, representing above 8% annual growth,
2021, February, 5, 12:25:00
GLOBAL INDEXES UP ANEW
On Wall Street, each of major indexes rose more than 1% on Thursday, with the Nasdaq Composite Index and S&P 500 setting record highs.
2021, February, 5, 12:10:00
NOV VARCO NET LOSS $2.5 BLN
NOV Inc. (NYSE: NOV) today reported fourth quarter 2020 revenues of $1.33 billion, a decrease of four percent compared to the third quarter of 2020 and a decrease of 42 percent compared to the fourth quarter of 2019.
