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.

U.S. gas producers are counting on LNG exports to absorb record production from the shale boom. Those exports jumped 68% to a record 5.0 billion cubic feet per day in 2019 after soaring 53% in 2018.

The worldwide rig count for January 2020 was 2,073, up 30 from the 2,043 counted in December 2020, and down 192 from the 2,265 counted in January 2019.

U.S. Rig Count is unchanged from last week at 790, Canada Rig Count is up 10 rig from last week at 257

Russian energy minister Alexander Novak discussed bilateral energy cooperation with the US ambassador to Russia, John Sullivan, on Thursday, according to an energy ministry statement.

The EU has agreed to sanctions against two officials from Turkey’s state petroleum company.

ConocoPhillips (NYSE: COP) reported fourth-quarter 2019 earnings of $0.7 billion, or $0.65 per share, compared with fourth-quarter 2018 earnings of $1.9 billion, or $1.61 per share.

NOV VARCO revenues for the full year 2019 were $8.48 billion, operating loss was $6.28 billion, and net loss was $6.10 billion, or $15.96 per share. Adjusted EBITDA for the full year was $885 million, or 10.4 percent of sales.

Gas demand across Europe has been unseasonably weak in January due to warm weather, with the month also seeing a re-routing of Russian gas exports to Europe with the start-up of the TurkStream gas pipeline to Turkey replacing some flows via Ukraine.

When replacing hard coal, natural gas achieves an immediate 50 percent reduction of CO2 emissions.

In 2018, while production was increasing, the total number of wells producing crude oil and natural gas in the United States fell to 982,000, down from a peak of 1,035,000 wells in 2014.

China imported 14.91 million mt of propane in 2019, up 10.8% or 1.45 million mt from 2018

In accordance with Bahrain’s national energy plan, renewable energy will be an area of particular interest in order to consider potential business opportunities. In the LNG sector, the collaboration will target a more sustainable and efficient energy mix to meet Bahrain’s future energy needs. Eni’s unique know-how and expertise will also be leveraged to evaluate further exploration opportunities.

The question is whether the terms are attractive enough when nations are competing increasingly aggressively for investment from international oil companies (IOCs) and the potential demand destruction from the energy transition looms over the coming decades. The attractiveness of South Africa’s terms will have ramifications far beyond its borders.

BP profit was $19 million for the fourth quarter and $4.0 billion for the full year.