2018, May, 14, 10:45:00BAHRAIN ENERGY FUND: $1 BLN
OGJ - Bahrain plans to raise $1 billion for energy investments in a fund the government calls unique among Gulf Cooperation Council countries.
2018, May, 8, 10:45:00SAUDIS DEFICIT $9.15 BLN
REUTERS - Saudi Arabia’s first quarter budget deficit stood at 34.3 billion Saudi riyals ($9.15 billion), around 18 percent of the total gap forecast for 2018, the finance ministry said
2018, May, 8, 10:35:00SHELL SELLS CANADA $3.3 BLN
SHELL - Royal Dutch Shell plc (“Shell”) announces an agreement to sell its entire stake in Canadian Natural Resources Limited (“Canadian Natural”)
2018, May, 7, 08:25:00WBG WANTS NIGERIA
WBG - For Nigeria to tap its spatial drivers of development, policymakers may want to focus on investments that reinforce clusters and economies of scale; optimize the connectivity between rural areas and the major urban markets; and address structural and land management issues in major urban nodes and along major growth corridors to remove or alleviate barriers that undermine the growth potential.
2018, May, 7, 08:20:00ROSNEFT - QATAR DEAL
REUTERS - Qatar is taking a nearly 19 percent stake in Rosneft (ROSN.MM), rescuing the Russian oil major from its stalled deal to sell a major stake to China’s CEFC.
2018, May, 7, 08:10:00U.S. LONG-DURATION ENERGY STORAGE
U.S. DOE - Energy storage will play an increasingly critical role in the resilient grid of the future. Storage systems provide important services, including improving grid stability, providing backup power, and allowing for greater integration of renewable resources. Today’s dominant storage options have limitations that inhibit their use as long-duration solutions, particularly their high cost.
2018, May, 7, 08:05:00U.S. UNEMPLOYMENT DOWN TO 3.9%
U.S. DOL - Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, manufacturing, health care, and mining.
2018, May, 4, 15:15:00U.S. DEFICIT $49.0 BLN
U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $49.0 billion in March, down $8.8 billion from $57.7 billion in February, revised.
2018, May, 4, 15:10:00U.S. FEDERAL FUNDS RATE 1.5 - 1.75%
FRB - In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent. The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.
2018, May, 2, 13:05:00BP PROFIT $2.5 BLN
BP - “We have delivered another strong set of results. Our safe and reliable operations and strong financial delivery have continued into 2018. Underlying profit was up 23% on the previous quarter and was our best quarterly result in three years. With rising output from our new major projects and excellent reliability, Upstream production was 9% higher than a year earlier.
2018, April, 30, 10:10:00U.S. GDP UP 2.3%
BEA - Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018 , according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.9 percent.
2018, April, 30, 10:00:00EXXONMOBIL EARNINGS $4.7 BLN
EXXONMOBIL - Exxon Mobil Corporation announced estimated first quarter 2018 earnings of $4.7 billion, or $1.09 per share assuming dilution, compared with $4 billion a year earlier. Cash flow from operations and asset sales was $10 billion, including proceeds associated with asset sales of $1.4 billion. During the quarter, the corporation distributed $3.3 billion in dividends to shareholders. Capital and exploration expenditures were $4.9 billion, up 17 percent from the prior year.
2018, April, 30, 09:55:00CHEVRON NET INCOME $3.638 BLN
CHEVRON - Chevron Corporation (NYSE: CVX) reported earnings of $3.6 billion ($1.90 per share – diluted) for first quarter 2018, compared with $2.7 billion ($1.41 per share – diluted) in the first quarter of 2017. Foreign currency effects increased earnings in the 2018 first quarter by $129 million, compared with a decrease of $241 million a year earlier. Sales and other operating revenues in first quarter 2018 were $36 billion, compared to $32 billion in the year-ago period.
2018, April, 30, 09:50:00TOTAL NET INCOME $2.6 BLN
TOTAL - Oil prices continued to rebound in the first quarter 2018. Brent rose to an average of $67 per barrel, supported by strong demand, OPEC-non-OPEC compliance and geopolitical tensions. Conversely, as a result of this increase, refining margins were weaker (-34%). In this context, the Group's adjusted net income and DACF continued to increase, achieving growth of 13% and 16%, respectively, compared to a year ago, in line with announced sensitivities. Cash flow after organic investments increased to $2.8 billion, up by more than 50% from a year ago, thanks to good operational performance and continued spending discipline. Return on equity was 10%.
2018, April, 30, 09:45:00STATOIL NET INCOME $1.3 BLN
STATOIL - Statoil reports adjusted earnings of USD 4.4 billion and USD 1.5 billion after tax in the first quarter of 2018. IFRS net operating income was USD 5.0 billion and the IFRS net income was USD 1.3 billion.