Analysis
2018, November, 30, 11:15:00
NUCLEAR FOR CLIMATE CHANGES
WNN - "We acknowledge the contribution of, and potential for the applications of nuclear science and technology to meet a wide variety of basic socio-economic and human development needs; we recognise the progress made in all Member States in addressing such development needs and the benefits achieved from the application of nuclear techniques in both developing and developed States; and we underscore the growing need and demand for further utilisation of nuclear applications worldwide."
2018, November, 30, 11:10:00
NUCLEAR POWER FOR CLIMATE
WNN - Climate change is the most significant threat to our planet today. The latest Intergovernmental Panel on Climate Change (IPCC) report on the impacts of global warming reaching 1.5 degrees Celsius above pre-industrial levels sends a clear warning that this increase may be exceeded by 2030-2050 unless radical action is taken. Nuclear power is a low-carbon source of energy. According to the IPCC, the median lifecycle emissions from nuclear are 12g/kWh, as low as wind energy.
2018, November, 30, 11:00:00
LUKOIL'S PROFIT UP BY 54%
LUKOIL - For the first nine months of 2018 profit attributable to PJSC LUKOIL shareholders was RUB 460.1 billion, up 54.3% year-on-year. In the third quarter of 2018 profit increased by 9.8% quarter-on-quarter to RUB 183.8 billion. The growth was constrained by higher DD&A due to the launch of new production facilities.
2018, November, 28, 13:00:00
OIL PRICE: NEAR $61
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $52.36 per barrel at 0748 GMT, up 80 cents, or 1.6 percent from their last settlement. International Brent crude oil futures LCOc1 were up 89 cents, or 1.5 percent, at $61.10 per barrel.
2018, November, 28, 12:55:00
U.S. ENERGY PRESSURE
FT - in the third quarter of this year the US E&P sector was able to cover its capital spending from its operating cash flows, if only barely. The plunge in oil prices over the past two months is bringing those concerns gushing to the surface again.
2018, November, 28, 12:45:00
MAJOR PLAYER: RUSSIA
WSJ - Directly squaring off against U.S. shale exporters, Russia has emerged this year as a major player in the burgeoning market for liquefied natural gas, which is exported across the oceans on special ships. Meanwhile, Russia has been pumping gas into Europe at a record pace in existing pipelines, and to the East it’s close to opening a major pipeline into China, the world’s fastest-growing major gas market.
2018, November, 28, 12:40:00
U.S. SUBSTANTIAL DAMAGES
PLATTS - Overall, the report found that without more significant global mitigation, "climate change is projected to impose substantial damages on the US economy, human health and the environment."
2018, November, 28, 12:05:00
PETRONAS PROFIT UP BY 67%
PETRONAS - PETRONAS Group's revenue for the third quarter of 2018 increased by 19% as compared to the third quarter of 2017 mainly due to the impact of higher average realised prices recorded for key products partially offset by the effect of strengthening of Ringgit against US Dollar exchange rate and the impact of lower sales volume mainly for LNG.
2018, November, 26, 13:45:00
OIL PRICE: NEAR $60
REUTERS - Front-month Brent crude oil futures LCOc1 had risen by 96 cents, or 1.6 percent, to $59.76 per barrel by 0745 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 62 cents, or 1.2 percent, at $51.04 per barrel.
2018, November, 26, 13:30:00
NUCLEAR ENERGY'S CONTRIBUTION
WNN - Last but not least, to maximise nuclear energy's contribution we need fair markets, harmonised regulatory processes and an effective safety paradigm. And we urge governments to help the industry in securing these goals.
2018, November, 23, 12:25:00
OIL PRICE: ABOVE $62 YET
REUTERS - International benchmark Brent crude oil futures fell their lowest since December 2017 at $61.52 per barrel, before recovering to $62.13 by 0741 GMT. That was 47 cents, or 0.8 percent below their last close. U.S. West Texas Intermediate (WTI) crude futures slumped 2.3 percent, to $53.38 a barrel. Prices earlier fell to as low as $52.82, only 5 cents about the $52.77 level reached on Tuesday, which was the lowest since October 2017.
2018, November, 23, 12:20:00
INDIA'S OIL IMPORTS UP TO 5 MBD
PLATTS - India's crude imports surged to 5 million b/d in October to register the highest monthly inflows in more than seven years as refiners rushed to ship in cargoes amid doubts on whether New Delhi would win a waiver on Iran.
2018, November, 23, 12:15:00
GAZPROM INVESTMENT: RUB 1,325.724 BLN
GAZPROM - Pursuant to the draft investment program for 2019, the overall amount of investments will stand at RUB 1,325.724 billion, with RUB 963.019 billion intended for capital investments, RUB 151.505 billion for the acquisition of non-current assets, and RUB 211.2 billion for long-term financial investments.
2018, November, 23, 12:05:00
VENEZUELA'S ECONOMY DOWN 17%
REUTERS - Preliminary data compiled by Venezuela’s central bank shows the economy shrank by 16.6 percent in 2017 compared with the year before, two sources familiar with the matter said on Thursday, the country’s sharpest decline on record.
2018, November, 23, 12:00:00
UZBEKISTAN'S GDP UP 5%
IMF - Uzbekistan's gross domestic product (GDP) continued to expand at about 5 percent. Growth in the communication, construction, mining, and some service sectors remained strong through the third quarter.