Companies
2020, February, 3, 11:35:00
U.S. LNG FOR INDIA: $2.5 BLN
Petronet will invest the money over a five-year period in Tellurian’s proposed $27.5 billion Driftwood LNG export project in Louisiana and the deal will give Petronet an equity stake in the project and rights for up to 5 million tonnes a year of LNG,
2020, February, 3, 11:30:00
SHELL INCOME $15.8 BLN
"The strength of Shell’s strategy and portfolio has enabled delivery of competitive cash flow performance in 2019 despite challenging macroeconomic conditions in refining and chemicals, as well as lower oil and gas prices. We generated $47 billion in cash flow from operating activities
excluding working capital movements and distributed over $25 billion in dividends and share buybacks to our shareholders.
2020, February, 3, 11:25:00
EXXON NET INCOME $5.69 BLN
ExxonMobil Earns $14.3 Billion in 2019; $5.7 Billion in Fourth Quarter
2020, February, 3, 11:20:00
CHEVRON NET LOSS $6.6 BLN
Chevron Corporation (NYSE: CVX) reported a loss of $6.6 billion ($(3.51) per share - diluted) for fourth quarter 2019,
2020, February, 3, 11:15:00
SHELL SOLD MARTINEZ $1.2 BLN
Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced today that it has formally closed on the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC (PBF), a subsidiary of PBF Energy, Inc., in exchange for $1.2 billion which includes the refinery and inventory.
2020, January, 31, 12:20:00
SAUDI'S OIL FOR CHINA UP 47%
The big annual boost in Saudi shipments followed a new marketing strategy by state-run Aramco, which signed at least two new supply pacts with private refiners in China that came into the market from late 2018. Previously, Saudi Aramco had only dealt with China’s state refiners in long-term contracts.
2020, January, 31, 12:15:00
U.S., IRAN SANCTIONS UPDOWN
The potential that the waivers would lapse has raised concerns since 2019 that state-owned Russian nuclear company Rosatom, which does work for Iran's civilian nuclear program but also supplies a fifth of US enriched uranium, could be sanctioned, disrupting the supply of nuclear fuel to US utilities.
2020, January, 31, 12:10:00
U.S., VENEZUELA SANCTIONS: OPPORTUNITIES
Following the Jan. 28, 2019 ban on U.S. firms importing Venezuelan crude, the United States has not followed through on threats to extend the sanctions to any foreign company doing business with PDVSA, as it seeks to oust socialist Maduro.
2020, January, 31, 11:30:00
SHELL BUYBACK PROGRAMME ANEW
On January 22, 2020 the company completed the previous tranche of its share buyback programme. In aggregate between July 26, 2018 and January 22, 2020, the company repurchased 484,534,678 ordinary shares for an aggregate consideration of $14.75 billion (the ‘aggregate previous tranches’).
2020, January, 29, 13:29:00
TURKSTREAM: THE FIRST BILLION
Gazprom supplied its first billion cubic meters of gas via the TurkStream gas pipeline.
2020, January, 29, 13:15:00
INDIA'S COAL: +150 MLN. T
In November 2019, Coal India decided to advance its coal production target of 1 Gt/year by two years, from 2026 to 2024.
2020, January, 29, 12:30:00
PEMEX INVESTMENT $1 BLN
The Mexican oil company Pemex plans to invest more than US$1bn to develop and operate the Xanab offshore oil field
2020, January, 27, 14:40:00
SMALL NUCLEAR MARKET $328 BLN
In fact the current estimate for the export market for SMRs is GBP250 billion [USD328 billion], so this could be a huge industry.
2020, January, 27, 14:35:00
S.KOREA'S NUCLEAR PROBLEMS
However, the companies are giving up on their component supply business in order to survive and South Korea’s nuclear power industry is now on the verge of collapse.
2020, January, 27, 14:30:00
NIGERIA'S GAS PIPELINE INVESTMENT $2.5 BLN
Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.