Gas
2018, December, 3, 11:45:00
GAZPROM'S PROFIT: +75%
GAZPROM - Profit attributable to the owners of PJSC Gazprom for the nine months ended September 30, 2018 totalled RUB 1,017,250 million which is by RUB 435,416 million, or 75%, more than for the same period of the prior year.
2018, December, 3, 11:40:00
SHELL SELLS $1.3 BLN
SHELL - Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in Shell E&P Ireland Limited (SEPIL), which holds a 45% interest in the Corrib gas venture, for up to $1.30 billion (€1.14 billion), to Nephin Energy Holdings Limited (NEHL), a wholly-owned subsidiary of Canada Pension Plan Investment Board (CPPIB). Completion follows receipt of all necessary partner and regulatory consents and the transaction’s effective date is 1 January 2017.
2018, December, 3, 11:35:00
SOUTH AFRICA'S NUCLEAR
WNN - Energy infrastructure is a critical component of South Africa's National Development Plan (NDP), which was published in 2011 and identifies the need for investment in a strong network of economic infrastructure designed to support the country’s medium- and long-term economic and social objectives. The IRP plays a crucial role in contributing to the objectives of the NDP, the Committee said in its report.
2018, November, 30, 12:05:00
NORD STREAM 2: GERMANY IS COMMITTED
REUTERS - Germany is still committed to the NordStream 2 pipeline, which will allow Russia to bypass Ukraine in transporting gas to Europe, despite escalating tension in the region, a government spokesman in Berlin said on Wednesday.
2018, November, 30, 11:55:00
RUSSIAN LNG IS BETTER
REUTERS - The United States has been pressing Europe to cut its reliance on cheap Russian gas and buy much more expensive U.S. LNG instead, which many European countries, including industrial heavyweight Germany, have so far resisted.
2018, November, 30, 11:40:00
U.S. OIL GAS RESERVES 2017
U.S. EIA - Proved reserves of crude oil in the United States increased 19.5% (6.4 billion barrels) to 39.2 billion barrels at Year-End 2017, setting a new U.S. record for crude oil proved reserves. The previous record was 39.0 billion barrels set in 1970.
Proved reserves of natural gas increased by 123.2 trillion cubic feet (Tcf) (36.1%) to 464.3 Tcf at year-end 2017—a new U.S. record for total natural gas proved reserves. The previous U.S. record was 388.8 Tcf, set in 2014.
2018, November, 30, 11:20:00
MEXICO'S GAS DOWN
U.S. EIA - Dry natural gas production in Mexico has fallen 38% since 2012 because of declining reserves, a low price environment, and limited exploration and production of new wells. Mexico’s dry natural gas production was 2.4 billion cubic feet per day (Bcf/d) in October 2018, according to Petróleos Mexicanos (PEMEX). This level is down 7% from year-ago levels, when production averaged 2.5 Bcf/d, and down 21% from two years ago, when production averaged 3.0 Bcf/d.
2018, November, 30, 11:05:00
U.S. - JAMAICA COOPERATION
U.S. DT - U.S. Secretary of the Treasury Steven T. Mnuchin and Jamaican Prime Minister Andrew Holness today signed an Energy Framework to foster cooperation on energy and infrastructure investment in Jamaica. Secretary Mnuchin and Prime Minister Holness signed the Framework to Strengthen Infrastructure Investment and Energy Cooperation at the U.S. Department of the Treasury. The Framework is part of a U.S. initiative called America Crece, or the Americas Grow.
2018, November, 30, 11:00:00
LUKOIL'S PROFIT UP BY 54%
LUKOIL - For the first nine months of 2018 profit attributable to PJSC LUKOIL shareholders was RUB 460.1 billion, up 54.3% year-on-year. In the third quarter of 2018 profit increased by 9.8% quarter-on-quarter to RUB 183.8 billion. The growth was constrained by higher DD&A due to the launch of new production facilities.
2018, November, 28, 12:50:00
RUSSIAN LNG TO EUROPE
REUTERS - “Between 150 and 160 transfers will take place in the port’s fjord from November to June,” local mayor Kristina Sigursdottir Hansen told Reuters. “Ships will be coming with gas from Russia, from Yamal ... More than 300 ships actually (will be involved).”
2018, November, 28, 12:45:00
MAJOR PLAYER: RUSSIA
WSJ - Directly squaring off against U.S. shale exporters, Russia has emerged this year as a major player in the burgeoning market for liquefied natural gas, which is exported across the oceans on special ships. Meanwhile, Russia has been pumping gas into Europe at a record pace in existing pipelines, and to the East it’s close to opening a major pipeline into China, the world’s fastest-growing major gas market.
2018, November, 28, 12:20:00
VIETNAM NEEDS $150 BLN
REUTERS - “Since 2010, the sector invested about 80 billion dollars in generation, transmission and distribution and between now to 2030 another 150 billion dollars needs to be raised,” said Dione, who added that electricity demand in Vietnam will grow by about 8 percent a year for the next decade.
2018, November, 28, 12:15:00
TOTAL'S ENERGY FOR FRANCE
REUTERS - Total’s French retail electricity arm is on track to win 700,000 customers this year, challenging former state monopolies EDF and Engie with a low-cost, digital service it believes could mimic Uber’s success in the taxi market.
2018, November, 28, 12:10:00
SAUDI ARAMCO INVESTMENT $150 BLN
REUTERS - Saudi Aramco’s gas expansion strategy needs $150 billion worth of investments over the next decade as the company plans to increase output and become an exporter, its chief executive said on Tuesday.
2018, November, 28, 12:05:00
PETRONAS PROFIT UP BY 67%
PETRONAS - PETRONAS Group's revenue for the third quarter of 2018 increased by 19% as compared to the third quarter of 2017 mainly due to the impact of higher average realised prices recorded for key products partially offset by the effect of strengthening of Ringgit against US Dollar exchange rate and the impact of lower sales volume mainly for LNG.