Companies
2020, January, 17, 11:10:00
LEVIATHAN'S GAS BEGINING
In its first development phase, Leviathan has a production capacity of 1.2 Bcf/d (34 million cu m/d).
2020, January, 17, 11:05:00
NOVATEK PRODUCTION +7.5%
In 2019, NOVATEK’s hydrocarbon production totaled 590.1 million barrels of oil equivalent (boe), including 74.70 billion cubic meters (bcm) of natural gas and 12,148 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 41.0 million boe, or by 7.5% as compared with the twelve months 2018.
2020, January, 17, 10:50:00
GERMANY'S PAYMENTS FOR RWE $2.9 BLN
The German government plans to compensate utility RWE (RWEG.DE) with around 2.6 billion euros ($2.9 billion) for costs related to the country’s planned coal exit, two government sources said on Thursday.
2020, January, 17, 10:45:00
EBRD GREEN INVESTMENT €4.6 BLN
To date, the EBRD has signed €34 billion in green investments, financed over 1900 green projects that are expected to reduce 102 million tonnes of carbon emissions yearly. In 2019 alone, the Bank financed over 2.2 GW of new renewable power capacity.
2020, January, 15, 12:05:00
FRANCE'S NUCLEAR POWER 395 TWH
France's EDF missed its 2019 target, with nuclear output hurt by outages falling 3.5% to 379.5 TWh.
2020, January, 13, 15:35:00
ADNOC PRODUCTION 4 MBD
"At ADNOC we are well on track to increase crude oil production capacity to 4mbpd by the end of this year, and we made significant new discoveries last year that moved the UAE from the seventh to the sixth-largest in oil and gas reserves in the world," Al Jaber said.
2020, January, 13, 15:30:00
CHINA'S CNOOC INVESTMENT $13 BLN
The increase in spending to between 85 billion and 95 billion yuan ($12.34 billion to $13.79 billion) compares with 2019 capital expenditure estimated at 80.2 billion yuan, slightly more than previous expectations.
2020, January, 13, 15:25:00
UAE, INDONESIA INVESTMENT $23 BLN
In the petrochemical and gas sectors, Abu Dhabi National Oil Company (ADNOC) signed deals with Indonesian companies PT Pertamina [PERTM.UL] and PT Chandra Asri Petrochemicals (TPIA.JK), UAE state news agency WAM reported.
2020, January, 13, 15:15:00
ADNOC SUSTAINABILITY GOALS 2030
The Abu Dhabi National Oil Company, ADNOC, announced a set of comprehensive sustainability goals, extending its legacy of responsible oil and gas production and reinforcing its longstanding commitment to environmental stewardship.
2020, January, 13, 15:05:00
GERMANY'S WIND POWER UP BY 21%
Offshore wind power operators in the German North Sea raised generation capacity by 20.9% percent to 6,436 megawatts (MW) last year, grid company TenneT GmbH said on Monday, close to a government target for 2020 of 6,500 MW.
2020, January, 13, 15:00:00
SAUDI'S ACWA INVESTMENT $10 BLN
The company, which builds power and desalinated water plants and has 50% of its portfolio in Saudi Arabia, plans to expand into new markets, Paddy Padmanthan told Reuters on the sidelines of an energy event in Abu Dhabi.
2020, January, 13, 14:35:00
SOLAR POWER FOR AZERBAIJAN
Under the agreement, Masdar will develop, build and operate the 200MW solar PV project, which will be located 75 kilometres southwest of the capital, Baku. Financial close on the project is targeted for the end of 2020, while commercial operation is expected to be achieved in 2022.
2020, January, 13, 14:30:00
WIND POWER FOR AZERBAIJAN
The ceremony was held in the presence of Ali Asadov, Prime Minister of Azerbaijan; Parviz Shahbazov, Minister of Energy; Mohammad Abunayyan, Chairman of ACWA Power, and Rajit Nanda, Chief Investment Officer of ACWA Power.
2020, January, 10, 11:40:00
TURKSTREAM OPEN
TurkStream, which is laid in the Black Sea, is a link between the gas transmission systems of Russia and Turkey. The gas pipeline has two strings with a combined throughput capacity of 31.5 billion cubic meters. The first string will deliver gas to Turkey, while the second string is intended for gas transit to southern and southeastern Europe through Turkish territory.
2020, January, 8, 14:30:00
U.S. LNG NEED INVESTMENT
Aramco has vowed to pump almost $160 billion into growth in the natural gas sector over the next decade, with a sizable portion of that money to be designated for LNG projects overseas.