2019, March, 1, 12:10:00OIL PRICES 2019-20: ABOVE $60
Brent crude oil spot prices averaged $59 per barrel (b) in January, up $2/b from December 2018 but $10/b lower than the average in January of last year.
2019, March, 1, 12:05:00FIVE OIL&GAS AREAS
MEOG - Saudi Aramco CEO Amin Nasser gave a speech at London Petroleum Week about the oil and gas industry's future--or, rather its perceived lack of a future. He addressed what he called a "worrying and growing belief among policy makers and regulators, investment houses, NGOs, and many others that we are an industry with little or no future."
2019, March, 1, 12:00:00RUSSIA'S LNG: NO SANCTIONS
Novatek’s Chief Financial Officer Mark Gyetvay said the company would build all equipment and technology in Russia to protect itself. “We will not hold ourselves hostage to U.S. sanctions,” he told the IP Week conference in London.
2019, March, 1, 11:55:00RUSSIA'S LNG FOR EUROPE UP
Russia delivered a record amount of liquefied natural gas (LNG) to Europe in February, becoming the biggest supplier of the chilled fuel to the continent for the first time.
2019, March, 1, 11:20:00CYPRUS GAS UP
EXXONMOBIL - ExxonMobil said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well.
2019, March, 1, 11:15:00REPSOL'S NET INCOME €2.341 BLN
Repsol posted net income of 2.341 billion euros in 2018, a 10% increase from the 2.121 billion earned in 2017 and the highest in eight years. This was achieved with average Brent oil prices at 71 dollars per barrel last year, compared with more than 111 dollars in 2011.
2019, February, 27, 09:35:00GLOBAL OIL FOR PEOPLE
“Our industry has made a pivotal and sustained contribution to the global economy and people’s lives, around the world, day after day for over a century. Two billion more people today have access to ample, affordable, and reliable sources of energy than even just a generation ago,”
2019, February, 27, 09:25:00GAZPROM'S SHARE 36.7%
REUTERS - Gazprom’s share of the European gas market rose to a record high 36.7 percent last year from 34.7 percent in 2017, the company said.
2019, February, 27, 09:20:00EXXON RESERVES UP
EXXONMOBIL - Exxon Mobil Corporation added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production.
2019, February, 27, 09:00:00STAFF CHANGES AT GAZPROM
GAZPROM - The corresponding decisions on the termination of membership in the Gazprom Management Committee will be adopted by the Company’s Board of Directors.
2019, February, 25, 12:05:00GLOBAL LNG TRADE +11%
SHELL - Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook.
2019, February, 25, 12:00:00CHINA'S LNG IMPORTS UP AGAIN
REUTERS - China’s liquefied natural gas imports in January rose to a record as an increase in residential heating demand during the winter after the country’s shift to gas heating spurred higher shipments, customs data showed on Saturday.
2019, February, 25, 11:55:00U.S. SHALE OIL WEAKNESS
REUTERS - Weak returns at U.S. shale producers could cost more executives their jobs and lead to increasing battles with activist investors, analysts said following changes at two producers.
2019, February, 25, 11:40:00ARAMCO - NORINCO AGREEMENT $10 BLN
OGJ - Saudi Aramco has signed a $10-billion agreement to form a joint venture with China North Industries Group Corp. (Norinco) and Panjin Sincen to develop a fully integrated, grassroots refining and petrochemical complex in Panjin, in China’s Liaoning province.
2019, February, 25, 11:35:00ADNOC INVESTMENT AGREEMENT $4 BLN
MEOG - The Abu Dhabi National Oil Company (ADNOC) has signed a multi-billion-dollar midstream pipeline infrastructure partnership with KKR and BlackRock. Through a newly formed entity, ADNOC Oil Pipelines, ADNOC will lease its interest in 18 pipelines for a 23-year period. ADNOC received upfront proceeds of $4bn from the transaction, which is expected to close in Q3 2019.