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Analysis

Analysis
2019, April, 8, 11:00:00

U.S. RIGS UP 19 TO 1,025

BHGE - U.S. Rig Count is up 19 rigs from last week to 1,025, with oil rigs up 15 to 831, gas rigs up 4 to 194, and miscellaneous rigs unchanged at 0.

Analysis
2019, April, 5, 10:55:00

OIL PRICE: NEAR $70 YET

Oil prices fell on Friday, with Brent slipping away from the $70 mark reached the previous day, pulled down by worries about progress in the U.S.-China trade talks.

Analysis
2019, April, 5, 10:40:00

U.S. GAS EXPORTS UP

U.S. net natural gas exports in January 2019 totaled 2.3 billion cubic feet per day (Bcf/d), marking 12 consecutive months where U.S. natural gas exports exceeded U.S. imports.

Analysis
2019, April, 5, 10:25:00

CHINA NEED GAS

China’s LNG imports last year were about 54 million tonnes. CNPC accounts for about 60 percent of China’s overall gas imports and 70 percent of domestic production, Ling said. “LNG price will become one of the decisive factors for the amount of LNG imports,” he also said in his presentation.

Analysis
2019, April, 5, 10:20:00

CHINA NEED NUCLEAR

China wants to promote nuclear energy cooperation in the 'Belt and Road', and is focusing on new technology deployment and completing its radioactive waste management strategy, a conference in Beijing heard. The Belt and Road Initiative is a development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organisations.

Analysis
2019, April, 5, 10:15:00

RENEWABLE IS A THIRD

The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 gigawatts (GW), according to new data released by the International Renewable Energy Agency (IRENA) today. The annual increase of 7.9 per cent was bolstered by new additions from solar and wind energy, which accounted for 84 per cent of the growth. A third of global power capacity is now based on renewable energy.

Analysis
2019, April, 5, 10:10:00

JAPAN'S RENEWABLE WILL UP

JERA Co, Japan’s biggest power generation company, plans to increase its renewable energy investment to 5 gigawatts (GW) of capacity by 2025, up from 650 megawatts now and an increase over an earlier target of 3 GW, it said on Tuesday

Analysis
2019, April, 5, 10:00:00

ADNOC STRATEGY 2030

Our unrelenting attention is on minimising costs, enhancing our operational efficiency, and maximising margins to ensure we thrive in the new multi-layered energy landscape.

Analysis
2019, April, 5, 09:45:00

KUWAIT'S GDP UP 1.7%

Kuwait's growth has resumed, and the current account rebounded thanks to higher oil prices. Hydrocarbon output rose by 1.2 percent in 2018 after contracting a year earlier. Buoyed by a rebound in confidence and government spending, non-oil growth has accelerated to 2.5 percent.

Analysis
2019, April, 5, 09:40:00

NIGERIA'S GDP UP 1.9%

Nigeria’s economy is recovering. Real GDP increased by 1.9 percent in 2018, up from 0.8 percent in 2017, on the back of improvements in manufacturing and services, supported by spillovers from higher oil prices, ongoing convergence in exchange rates and strides to improve the business environment.

Analysis
2019, April, 5, 09:35:00

MOZAMBIQUE'S GDP UP 3.25%

Mozambique's real GDP growth decelerated to 3¼ percent in 2018, but it was broader based, with non-mining growth accelerating to 2¾ percent in 2018, from 2 percent in 2017.

Analysis
2019, April, 3, 11:30:00

OIL PRICE: NEAR $70

Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories.

Analysis
2019, April, 3, 10:40:00

GERMANY'S RENEWABLE 54%

According to the latest figures published by Energy Charts from German solar research institute Fraunhofer ISE, renewable energy accounted for 54.45% of net electricity generation in March.

Analysis
2019, April, 1, 11:40:00

OIL PRICE: ABOVE $68

Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.

Analysis
2019, April, 1, 11:35:00

OIL PRICE: THE FASTEST UP

Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade.

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LNG (106)
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