Companies
2018, December, 17, 10:35:00
SAUDI ARAMCO, RAYTHEON COOPERATION
MEOG - Saudi Aramco and Raytheon Company, through its subsidiary Raytheon Saudi Arabia, signed a memorandum of understanding to establish a joint venture company that will develop and provide best-in-class cybersecurity services in Saudi Arabia and the region.
2018, December, 17, 10:15:00
QATAR'S LNG FOR PAKISTAN
TP - With fast growing demand and expanding gas receiving capacity in Pakistan, the South Asian nation is expected to source more liquefied natural gas (LNG) from Qatar, said the country’s visiting Finance Minister Asad Umar.
2018, December, 17, 10:10:00
QATAR'S INVESTMENT FOR U.S.: $20 BLN
REUTERS - Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly quit OPEC this month.
2018, December, 14, 09:05:00
UAE OIL INVESTMENT
PLATTS - "The UAE is investing because we feel there is a requirement for this production, but we are not going to put that production into the market unless we feel there is a need for it," Mazrouei said after last week's OPEC meeting in Vienna.
2018, December, 14, 08:30:00
EXXON INVESTS AUSTRALIA $4 BLN
EXXONMOBIL - -ExxonMobil said that it has made a final investment decision to develop the West Barracouta gas field in Bass Strait to bring new gas supplies to the Australian domestic market. The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin.
2018, December, 14, 08:25:00
TOTAL DIVESTS AUSTRALIA BY 4%, $1.6 BLN
TOTAL - Total has signed an agreement to divest a 4% interest in the Ichthys liquefied natural gas (LNG) project in Australia to operating partner INPEX for an overall consideration of 1.6 billion USD. The transaction, which is subject to Australian regulatory approvals, reduces Total’s interest in the asset to 26%.
2018, December, 12, 08:40:00
VENEZUELA - RUSSIA OIL: $17 BLN
PLATTS - Russia will invest $5 billion to raise Venezuela's oil production by 1 million b/d under a new economic agreement, Venezuelan President Nicolas Maduro said Thursday.
2018, December, 12, 08:30:00
CONOCO CAPEX BUDGET: $6.1 BLN
CONOCOPHILLIPS - ConocoPhillips (NYSE: COP) announced its 2019 capital expenditure budget and operating plan. The operating plan reflects the company’s ongoing commitment to free cash flow generation, differentiated payout to shareholders and superior financial returns through business cycles.
2018, December, 10, 08:20:00
BRITAIN'S FUSION ENERGY
WNN - The UK Atomic Energy Authority (UKAEA) and First Light Fusion are collaborating on a project to convert fusion reactions into heat to enable clean power production. The 'fusion island' project is to be partly funded by a grant from the Department for Business, Energy & Industrial Strategy (BEIS).
2018, December, 10, 08:15:00
ADNOC INCREASES VALUE
ADNOC - The Abu Dhabi National Oil Company (ADNOC) has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain.
2018, December, 7, 07:30:00
LUKOIL, KAZMUNAYGAS CONSORTIUM
LUKOIL - President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of JSC NC KazMunayGas Alik Aidarbayev signed agreements on joint cooperation and financing of the Zhenis project in the Kazakhstan's sector of the Caspian Sea. The documents set the terms of the block's development.
2018, December, 5, 09:45:00
BRAZILIAN OIL PRODUCTION UP 5%
PLATTS - Oil production averaged 2.614 million b/d in October, jumping 5.2% from 2.486 million b/d in September, Brazil's National Petroleum Agency, or ANP, said late Monday. October's output, however, was down 0.5% from 2.627 million b/d in October 2017, the ANP said.
2018, December, 5, 09:20:00
VACA MUERTA INVESTMENT $2.3 BLN
PLATTS - Argentina's state-run energy company YPF and Malaysia's Petronas agreed Tuesday to invest $2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil equivalent by 2022.
2018, December, 5, 09:15:00
SHELL CUTS CARBON
SHELL - Royal Dutch Shell plc (Shell) announces plans to set short-term targets as part of a long-term ambition to reduce the Net Carbon Footprint of its energy products. The company plans to link these targets to executive remuneration, subject to shareholder approval.
2018, December, 3, 11:45:00
GAZPROM'S PROFIT: +75%
GAZPROM - Profit attributable to the owners of PJSC Gazprom for the nine months ended September 30, 2018 totalled RUB 1,017,250 million which is by RUB 435,416 million, or 75%, more than for the same period of the prior year.