Gas
![Gas](/cache/09-19/RIG-127.fbbc742d.jpg)
2019, September, 23, 13:40:00
U.S. RIGS DOWN 18 TO 868
U.S. Rig Count is down 18 rigs from last week to 868, with oil rigs down 14 to 719, gas rigs down 5 to 148, and miscellaneous rigs up 1 to 1. Canada Rig Count is down 15 rigs from last week to 119, with oil rigs down 11 to 82 and gas rigs down 4 to 37.
![Gas](/cache/09-19/OIL-543.d4b80f52.jpg)
2019, September, 20, 15:30:00
GLOBAL OIL, GAS FINANCES DOWN
Brent crude oil daily average prices were 9% lower in second-quarter 2019 than in second-quarter 2018 and averaged $68 per barrel
![Gas](/cache/09-19/PETRONAS-10.ae7b07b1.jpg)
2019, September, 20, 15:00:00
PETRONAS PROFIT UP 9% ANEW
Petronas Profit After Tax (PAT) rose 9.0 per cent to RM28.9 billion, from RM26.6 billion in the corresponding period last year. The improved results were delivered on the back of higher revenue, but the increase was partially offset by higher product costs.
![Gas](/cache/09-19/USA-074.f4817946.jpg)
2019, September, 19, 14:10:00
80%: U.S. FOSSIL FUELS ENERGY
The share of U.S. total energy consumption that originated from fossil fuels has fallen from its peak of 94% in 1966 to 80% in 2018. The total amount of fossil fuels consumed in the United States has also fallen from its peak of 86 quads in 2007. Since then, coal consumption decreased by 10 quads and petroleum by 2 quads, more than offsetting a 7 quad increase in natural gas consumption.
![Gas](/cache/09-19/TURKEY-70.4611f049.jpg)
2019, September, 19, 14:05:00
SAUDI'S, BULGARIAN TURKSTREAM $1.2 BLN
Bulgaria’s state gas company signed a €1.1 billion ($1.2 billion) contract on Wednesday with Saudi-led group Arkad to build a gas pipeline to carry mainly Russian natural gas.
![Gas](/cache/09-19/GAS-161.c8f8e441.jpg)
2019, September, 18, 18:05:00
INDIA'S GAS DEMAND UP
India's gas demand will continue to rise over the next few years, aided by pricing and policy reforms undertaken by the government and massive investments planned in pipelines and port infrastructure
![Gas](/cache/09-19/USA-069.c1dd486b.jpg)
2019, September, 18, 17:55:00
U.S. GAS, WIND WILL UP
U.S. Energy Information Administration (EIA) forecasts that natural gas-fired electricity generation in the United States will increase by 6% in 2019 and by 2% in 2020. EIA also forecasts that generation from wind power will increase by 6% in 2019 and by 14% in 2020.
![Gas](/cache/09-19/usa-068.9f70b7bb.jpg)
2019, September, 17, 12:50:00
U.S. PRODUCTION: OIL + 74 TBD, GAS + 469 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 74,000 b/d month-over-month in September from 8,769 to 8,843 thousand barrels/day, gas production to increase 469 million cubic feet/day from 81,893 to 82,362 million cubic feet/day .
![Gas](/cache/09-19/USA-065.9f087915.jpg)
2019, September, 16, 14:40:00
U.S. GAS PRODUCTION UP TO 92.8 BCFD
U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019,
![Gas](/cache/09-19/RUSSIA-413.e4631074.jpg)
2019, September, 16, 14:35:00
RUSSIA, SERBIA COOPERATION
The parties paid particular attention to the continuing expansion of gas transmission infrastructure in Serbia, highlighting the ongoing construction of the linear part of the gas pipeline stretching from the country's border with Bulgaria to its border with Hungary.
![Gas](/cache/09-19/LNG-200.270eba8a.jpg)
2019, September, 16, 14:30:00
RUSSIA'S LNG WILL UP TRIPLE
Russia exported 248 billion cubic meters (bcm) in 2018, mostly via pipeline to Europe. In the next decade, its liquefied natural gas (LNG) exports will almost triple to 68 bcm as the Yamal LNG project reaches full capacity and Arctic 2 LNG comes online (plus two smaller projects).
![Gas](/cache/06-19/ENERGY-65.baea7195.jpg)
2019, September, 16, 14:25:00
6 UNDERVALUED ENERGY STOCKS. SEPTEMBER 2019
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
![Gas](/cache/09-19/RIG-126.06bfc763.jpg)
2019, September, 16, 14:10:00
U.S. RIGS DOWN 12 TO 886
U.S. Rig Count is down 12 rigs from last week to 886, with oil rigs down 5 to 733, gas rigs down 7 to 153, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 13 rigs from last week to 134, with oil rigs down 9 to 93 and gas rigs down 4 to 41.
![Gas](/cache/09-19/PRICE-176.512d4072.jpg)
2019, September, 11, 11:55:00
OIL PRICES 2019-20: $60-$62
Brent crude oil spot prices averaged $59 per barrel (b) in August, down $5/b from July and $13/b lower than the average from August of last year. EIA forecasts Brent spot prices will average $60/b in the fourth quarter of 2019 and $62/b in 2020. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020.
![Gas](/cache/09-19/dutch-14.89ddee73.jpg)
2019, September, 11, 11:25:00
DUTCH GRONINGEN GAS DOWN 6%
Dutch Groningen gas production in August was down 6% on the year but up 6% from to 1.26 Bcm, according to data from operator NAM.