Gas
![Gas](/cache/08-19/tanap-1.d46bce78.jpg)
2019, August, 1, 11:35:00
TANAP IS READY
The Trans Anatolian Natural Gas Pipeline (TANAP), the major segment of the Southern Gas Corridor is ready to supply Azerbaijani gas directly to Europe.
![Gas](/cache/07-19/transcanada-23.36ab014a.jpg)
2019, July, 31, 13:25:00
TC ENERGY SELLS $2.87 BLN
TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced that it has entered into an agreement through its wholly-owned subsidiary, TransCanada Energy Ltd., to sell interests in three Ontario natural gas-fired power plants to a subsidiary of Ontario Power Generation Inc., for approximately $2.87 billion.
![Gas](/cache/07-19/CONOCO-2.65e764f0.jpg)
2019, July, 31, 13:20:00
CONOCO EARNINGS $1.6 BLN
ConocoPhillips (NYSE: COP) reported second-quarter 2019 earnings of $1.6 billion, or $1.40 per share, compared with second-quarter 2018 earnings of $1.6 billion, or $1.39 per share.
![Gas](/cache/07-19/NORD-STREAM-81.ddc8b93e.jpg)
2019, July, 30, 12:05:00
NORD STREAM 2 RULES
The new rules cast doubt over the commercial operation of Nord Stream 2, which argues that it has been unfairly targeted by fast-tracked legislation to stall the project.
![Gas](/cache/07-19/South-Stream-36.26b55b50.jpg)
2019, July, 30, 12:00:00
RUSSIA - UKRAINE'S GAS DEAL
Russia has said it wants to cut substantially its gas flows to Europe via West-leaning Ukraine by doubling the capacity of the existing Nord Stream trunk via the Baltic Sea and laying gas pipes to Turkey and onwards through the Black Sea.
![Gas](/cache/07-19/USA-030.db71acdb.jpg)
2019, July, 30, 11:55:00
U.S. LNG FOR EUROPE UP
U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019,
![Gas](/cache/07-19/china-222.7aee01f6.jpg)
2019, July, 30, 11:50:00
LNG FOR CHINA UP 15%
Over January-June, China imported a total 28.37 million mt of LNG, up 19.3% year on year, the latest data from the General Administration of Customs showed.
![Gas](/cache/07-19/GAZPROM-259.02bd98ba.jpg)
2019, July, 30, 11:45:00
GAZPROM SOLD $2.2 BLN
Russia’s Gazprom, the world’s largest conventional gas producer, has raised about $2.20 billion from selling a 2.9% stake to a single buyer at a large discount to the market price.
![Gas](/cache/07-19/JAPAN-29.dcdce391.jpg)
2019, July, 30, 11:40:00
JAPAN'S OIL, GAS 29%
Japan's oil and gas equity ratio rose to a record 29.4% of total imports and domestic output in fiscal 2018-2019 (April-March)
![Gas](/cache/07-19/TOTAL-39.132d5a57.jpg)
2019, July, 30, 11:10:00
TOTAL NET INCOME $2.8 BLN
Total net income (Group share) of 2.8 B$ in 2Q19, a 26% decrease compared to 2Q18
Net-debt-to-capital ratio of 20.6% at June 30, 2019
Hydrocarbon production of 2,957 kboe/d in 2Q19, an increase of 9% compared to 2Q18
![Gas](/cache/07-19/BP-98.42a1f4df.jpg)
2019, July, 30, 11:05:00
BP PROFIT $2.8 BLN
Strong financial results
– Underlying replacement cost profit for the second quarter of 2019 was $2.8 billion, similar to a year earlier. The quarter’s result largely reflected continued good operating performance, offset by oil prices lower than in the second quarter of 2018.
– Non-operating items in the second quarter of $0.9 billion, post-tax, related mainly to impairment charges.
– Operating cash flow, excluding Gulf of Mexico oil spill payments, was $8.2 billion for the second quarter, including a $1.5-billion working capital release (after adjusting for net inventory holding gains), and $14.2 billion for the first half, including a $0.5-billion working capital release.
– Gulf of Mexico oil spill payments of $1.4 billion on a post-tax basis in the second quarter were primarily the scheduled annual payments.
– A dividend of 10.25 cents a share was announced for the quarter.
![Gas](/cache/07-19/eni-32.d9e84373.jpg)
2019, July, 30, 11:00:00
ENI NET PROFIT DOWN BY 27%
Eni adjusted net profit: €0.56 billion for the quarter, down by 27% q-o-q (down by 24% excluding IFRS 16 accounting effects). €1.55 billion in the first half, down by 11% (down by 8% excluding IFRS 16 accounting effects).
![Gas](/cache/07-19/STATOIL-40.71c3a2fb.jpg)
2019, July, 30, 10:55:00
EQUINOR NET INCOME UP 27%
Equinor reports adjusted earnings of USD 3.15 billion and USD 1.13 billion after tax in the second quarter of 2019. IFRS net operating income was USD 3.52 billion and the IFRS net income was USD 1.48 billion.
![Gas](/cache/07-19/INDONESIA-21.44546f71.jpg)
2019, July, 30, 10:50:00
MUBADALA PETROLEUM, PREMIER OIL 20%
Mubadala Petroleum has signed an agreement with Premier Oil to farmout a 20% participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs), in which Mubadala Petroleum is the operator.
![Gas](/cache/07-19/VARCO-25.2cc11361.jpg)
2019, July, 30, 10:45:00
NOV VARCO NET LOSS $5.4 BLN
National Oilwell Varco, Inc. (NYSE: NOV) today reported second quarter 2019 revenues of $2.13 billion, an increase of 10 percent compared to the first quarter of 2019 and an increase of one percent from the second quarter of 2018.