Analysis
2019, December, 13, 10:45:00
CHINA'S GAS CONSUMPTION UP TO 320 BCM
Gas consumption this year is seen exceeding 300 bcm, up 9% from 2018, Jiang Xuefeng, vice chairman at CNPC’s Economics and Technology Research Institute (ETRI), said at a briefing in Beijing on Thursday.
2019, December, 13, 10:25:00
NORWAY'S OIL INVESTMENT $21 BLN
Oil and gas investments in Norway are expected to rise by 3.8% next year to 194.6 billion Norwegian crowns ($21.2 billion) before declining in subsequent years, an industry lobby group said on Thursday.
2019, December, 13, 10:20:00
NORWAY'S NOVEMBER PRODUCTION 2.016 MBD
Norway's preliminary production figures for November 2019 show an average daily production of 2 016 000 barrels of oil, NGL and condensate, which is an increase of 235 000 barrels per day compared to October.
2019, December, 13, 10:00:00
AUSTRALIA'S ECONOMY GROWTH 2.2%
Following growth of about 1.8 percent in 2019, the economy is expected to expand by 2.2 percent in 2020.
2019, December, 13, 09:55:00
U.S. FEDERAL FUNDS RATE 1.5- 1.75%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee decided to maintain the target range for the federal funds rate at 1‑1/2 to 1-3/4 percent.
2019, December, 11, 10:55:00
OIL PRICE: NEAR $64 YET
Brent fell by 44 cents, or 0.7%, to $63.90 per barrel, WTI slipped by 33 cents, or 0.6%, to $58.91 a barrel
2019, December, 11, 10:45:00
OIL PRICES 2019-20: $64-$61
Brent crude oil spot prices averaged $63 per barrel (b) in November, up $3/b from October. EIA forecasts Brent spot prices will average $61/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.
2019, December, 11, 10:35:00
RUSSIA'S HUMAN CAPITAL: 46%
“We also see that the human capital, at 46 percent, comprises the largest share of wealth in Russia, with the natural capital share, standing at 20 percent. As a rough approximation, we estimate that Russia's forests provide annual absorption of about 640 million tons of CO2 equivalent.”
2019, December, 11, 10:15:00
U.S. WIND POWER 100 GW
Cumulative U.S. installed onshore wind capacity exceeded 100 gigawatts (GW) on a nameplate capacity basis as of the end of September 2019,
2019, December, 11, 10:05:00
2019 STATE OF DEMAND-SIDE ENERGY MANAGEMENT IN NORTH AMERICA
The State of Demand-Side Energy Management in North America is a market-by-market analysis of the issues and trends the experts at CPower feel organizations like yours need to know to make better decisions about your energy use and spend.
2019, December, 11, 10:00:00
U.S. LOCATIONS OF RENEWABLES
It matters where you construct and install clean energy projects, because, depending on the location, these projects can be of greater benefit than they already are in suboptimal locations.
2019, December, 9, 13:35:00
OIL PRICE: NEAR $64
Brent were down 44 cents, or 0.68%, at $63.95 per barrel, WTI were down 48 cents, or 0.81% to $58.72 a barrel,
2019, December, 9, 12:45:00
U.S. UNEMPLOYMENT 3.5%
Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported
2019, December, 9, 12:40:00
WORLDWIDE RIG COUNT DOWN 81 TO 2,042
The worldwide rig count for November 2019 was 2,042, down 81 from the 2,123 counted in October 2019, and down 224 from the 2,266 counted in November 2018.
2019, December, 9, 12:35:00
U.S. RIGS DOWN 3 TO 799
U.S. Rig Count is down 3 rigs from last week to 799, Canada Rig Count is up 12 rigs from last week to 138,