Gas
![Gas](/cache/06-20/rig-173.ed389907.jpg)
2020, June, 29, 13:45:00
U.S. RIGS DOWN 1 TO 265
U.S. Rig Count is down 1 rigs from last week to 265, Canada Rig Count is down 4 rigs from last week to 13
![Gas](/cache/06-20/price-529.63eae86a.jpg)
2020, June, 26, 11:35:00
GAS PRICE $1.38
The average spot price of natural gas at the Henry Hub reached $1.38 per million British thermal units (MMBtu) on June 16, 2020, the lowest daily Henry Hub price without adjusting for inflation and in nominal dollars since December 1998,
![Gas](/cache/06-20/china-279.361050c6.jpg)
2020, June, 25, 13:55:00
CHINA'S ENERGY UP
China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020.
![Gas](/cache/06-20/gecf-1.4b1b0bee.jpg)
2020, June, 24, 12:45:00
GECF, OPEC MEETING
Sentyurin met with his OPEC counterpart Mohammed Barkindo by teleconference June 22 for the inaugural technical meeting of the OPEC-GECF Energy Dialogue.
![Gas](/cache/06-20/usa-210.a4f261c4.jpg)
2020, June, 24, 12:30:00
U.S. LNG EXPORTS DOWN
A mild winter and COVID-19 mitigation efforts have led to declining global natural gas demand and high natural gas storage inventories in Europe and Asia, reducing the need for LNG imports.
![Gas](/cache/06-20/adnoc-37.a19a0983.jpg)
2020, June, 24, 12:20:00
ADNOC INVESTMENT $20.7 BLN
The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake.
![Gas](/cache/06-20/nord-stream-106.113a6991.jpg)
2020, June, 23, 14:35:00
NORD STREAM 2 COMPLETION: 2020
"I can briefly confirm that we continue to work on this project and expect that its construction will be completed at the end of 2020 or the beginning of 2021,"
![Gas](/cache/06-20/mozambiqe-24.3fc31eda.jpg)
2020, June, 23, 14:15:00
MOZAMBIQUE LNG GUARANTEE $2 BLN
The government of Mozambique has offered a US$2.25bn state guarantee to the US$20bn Mozambique LNG project
![Gas](/cache/06-20/usa-207.5637b044.jpg)
2020, June, 22, 11:45:00
U.S. RIGS DOWN 13 TO 266
U.S. Rig Count is down 13 rigs from last week to 266, Canada Rig Count is down 4 rigs from last week to 17
![Gas](/cache/06-20/nord-stream-106.113a6991.jpg)
2020, June, 18, 11:10:00
NORD STREAM 2: DENMARK DESISION
Nord Stream 2 has asked -- as a precautionary measure -- for an amendment to its Danish pipelaying permit to allow the potential use of pipelay ships that use anchors for positioning.
![Gas](/cache/06-20/investment-3.46114e8c.jpg)
2020, June, 16, 14:05:00
GLOBAL UPSRTEAM INVESTMENTS DOWN
Spending is also expected to be largely flat in 2021, landing only marginally higher than 2020 at $386 billion. Before the Covid-19 pandemic, expected total upstream investment would maintain last year’s levels, both in 2020 and 2021.
![Gas](/cache/06-20/usa-200.7dfe16b5.jpg)
2020, June, 16, 13:55:00
U.S. PRODUCTION: OIL (-93) TBD, GAS (-693) MCFD
Crude oil production from the major US onshore regions is forecast to decrease 93,000 b/d month-over-month in June from 7,725 to 7,632 thousand barrels/day, gas production to decrease 693 million cubic feet/day from 81,254 to 80,561 million cubic feet/day .
![Gas](/cache/06-20/nuclear-300.da685bdf.jpg)
2020, June, 16, 13:35:00
SOUTH AFRICA'S NUCLEAR CONSULTATIONS
South African Nuclear Power Programme may comprise a blend of baseload power combining both conventional PWR and SMR technologies to a total of 2500 MW
![Gas](/cache/06-20/aramco-10.26c0b908.jpg)
2020, June, 16, 13:30:00
ARAMCO, SABIC ACQUISITION $69 BLN
Aramco had been looking to restructure the deal after SABIC’s market value fell more than 40% due to an oil price slump.
![Gas](/cache/06-20/bp-113.1c7230e7.jpg)
2020, June, 16, 13:25:00
BP WRITE-OFFS $17 BLN
BP actions will lead to non-cash impairment charges and write-offs in the second quarter, estimated to be in an aggregate range of $13 billion to $17.5 billion post-tax.