2020, February, 21, 12:35:00OIL PRICE: ABOVE $58 YET
Brent was down 64 cents, or 1.1%, at $58.67 a barrel, WTI dropped 54 cents, or 1%, at $53.34 a barrel.
2020, February, 21, 12:30:00OIL MARKET: NOTHING URGENT
Despite the partial recovery, oil prices are still far below the level many OPEC members need for their budgets to balance.
2020, February, 21, 12:25:00RUSSIA'S COAL FOR ASIA
Russia's Sibanthracite group aims to boost the annual export capacity of Russian coals to 100 million mt with newly launched infrastructure project to build the second tunnel on Baikal Amur Mainline railway.
2020, February, 21, 12:20:00GLOBAL LNG MARKET UP 12.5%
Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.
2020, February, 21, 12:15:00EUROPE'S GAS STORAGE LEVEL: +48%
European natural gas storage levels are 48% higher than the five-year (2015–19) average for February, largely a result of unseasonably warm weather in recent months and higher-than-average imports in 2019.
2020, February, 21, 12:08:00GAS & LNG MARKETS, CONTRACTS & PRICING WORKSHOP
Singapore – Due to popular demand, the highly requested Gas & LNG Markets, Contracts & Pricing workshop is coming back to Singapore from 16th to 20th March 2020.
2020, February, 21, 12:00:00NORWAY'S JANUARY PETROLEUM PRODUCTION 1.963 MBD
Norway's Preliminary production figures for January 2020 show an average daily production of 1 963 000 barrels of oil, NGL and condensate
2020, February, 21, 11:45:00PETROBRAS 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, 11:40:00AUSTRALIA'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, 11:35:00NOVATEK'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, 21, 11:25:00MASTERING ENERGY STORAGE & CHARGING ELECTRIC VEHICLES
Do you understand the technology solutions, business considerations and market environments driving the booming energy storage market? This training course provides a timely, comprehensive and business-focused summary of the energy storage landscape.
2020, February, 19, 12:00:00OIL 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, 11:55:00GLOBAL 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, 11:50:00GLOBAL 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, 11:45:00OIL 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.