2019, March, 7, 11:50:002018: U.S. TRADE DEFICIT UP 12.5%
U.S. BEA - For 2018, the goods and services deficit was $621.0 billion, up $68.8 billion from $552.3 billion in 2017. Exports were $2,500.0 billion in 2018, up $148.9 billion from 2017. Imports were $3,121.0 billion, up $217.7 billion from 2017.
2019, March, 7, 11:45:00BAHRAIN'S ECONOMIC GROWTH 1.8%
IMF - Economic growth is anticipated to remain around 1.8 percent in 2019. The authorities’ Fiscal Balance Program, underpinned by the 2019-20 budget, has provided a commendable framework to arrest the decline in fiscal and external buffers since 2014.
2019, March, 7, 11:35:00UZBEKISTAN'S GDP UP 5-5.5%
IMF - In 2019, despite lower commodity prices and slowing external demand, Uzbekistan's GDP growth is projected to pick up from 5 percent to 5½ percent
2019, March, 6, 11:25:00LUKOIL'S PROFIT +48%
LUKOIL - In 2018, profit attributable to shareholders amounted to RUB 619.2 bln, 47.8% higher year-on-year. The growth was constrained by higher DD&A due to the launch of new production facilities.
2019, March, 6, 11:20:00NOVATEK, TOTAL AGREEMENT
NOVATEK - PAO NOVATEK (“NOVATEK” and/or the “Company”) and TOTAL S.A. signed a Sales and Purchase Agreement (“Agreement”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project (the “Project”), within the binding agreement, signed at the 22nd Saint Petersburg International Economic Forum in May 2018. The transaction will be closed by the end of first quarter 2019.
2019, March, 4, 11:05:00AUSTRALIA'S FUND RETURN 9.3%
2017-18 was a strong year for the Future Fund, delivering a return of 9.3% and adding over $12 billion in earnings.
2019, March, 1, 11:50:00U.S. GDP UP 2.6%
U.S. BEA - Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018, according to the "initial" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.
2019, March, 1, 11:45:00RENEWABLE FOR EUROPE: €10 BLN
RECHARGE - The EU will spend up to €10bn ($11.37bn) supporting innovative low-carbon technologies in sectors such as renewables and energy storage over the next decade, said the European Commission.
2019, March, 1, 11:30:00ARMENIA'S GDP UP 4-5%
IMF - Looking ahead, Armenia's growth is expected to moderate to about 4½ percent in 2019, reflecting a weaker global environment and copper prices, and remain in the 4-5 percent range over the medium term. CPI inflation is projected to gradually converge to the CBA’s target of 4 percent over the next two years, as one-off factors wane. The current account deficit is expected to gradually narrow to around 5 percent of GDP. The risks to the outlook are mainly external.
2019, March, 1, 11:25:00NORWAY'S FUND RETURNED -6%
NB - The Government Pension Fund Global returned -6.1 percent, or -485 billion kroner, in 2018.
2019, March, 1, 11:15:00REPSOL'S NET INCOME €2.341 BLN
Repsol posted net income of 2.341 billion euros in 2018, a 10% increase from the 2.121 billion earned in 2017 and the highest in eight years. This was achieved with average Brent oil prices at 71 dollars per barrel last year, compared with more than 111 dollars in 2011.
2019, February, 25, 12:05:00GLOBAL LNG TRADE +11%
SHELL - Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook.
2019, February, 25, 11:55:00U.S. SHALE OIL WEAKNESS
REUTERS - Weak returns at U.S. shale producers could cost more executives their jobs and lead to increasing battles with activist investors, analysts said following changes at two producers.
2019, February, 25, 11:40:00ARAMCO - NORINCO AGREEMENT $10 BLN
OGJ - Saudi Aramco has signed a $10-billion agreement to form a joint venture with China North Industries Group Corp. (Norinco) and Panjin Sincen to develop a fully integrated, grassroots refining and petrochemical complex in Panjin, in China’s Liaoning province.
2019, February, 22, 12:05:00NIGERIA NEED $20 BLN
REUTERS - Nigeria has ordered foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa’s largest economy.