2019, May, 15, 11:05:00ROSNEFT'S PRODUCTION 5.9 MBD
Hydrocarbon production in Q1 2019 amounted to 5.90 mmboed (71.7 mmtoe), exceeding Q1 2018 level by 3.4%. Average daily hydrocarbon production decreased by 0.6% QoQ due to the Company’s compliance with its obligations under the OPEC+ Agreement.
2019, May, 15, 11:00:00LUKOIL'S PRODUCTION +4.1%
In the first quarter of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,379 thousand boe per day, which is 4.1% higher year-on-year and 0.3% higher quarter-on-quarter. The increase was mainly driven by the development of gas projects in Uzbekistan.
2019, May, 13, 12:35:00U.S. OIL PROFITABILITY $28 BLN
Net income for 43 U.S. oil producers totaled $28 billion in 2018, a five-year high. Based on net income, 2018 was the most profitable year for these U.S. oil producers since 2013, despite crude oil prices that were lower in 2018 than in 2013 on an annual average basis.
2019, May, 13, 12:30:00U.S. LNG TO CHINA CUTS
No liquefied natural gas (LNG) vessels that left the United States in March and April have gone to China, Refinitiv Eikon shipping data shows, as the trade war between the two nations escalates.
2019, May, 13, 12:25:00ALASKA LNG OPPORTUNITY
“[The Russians] are bringing 16.5 million tons of LNG from the Yamal [LNG project] through the Bering Strait [en route to Asia] 2,600 miles through the ice, while we’ve got big fields in Prudhoe Bay [Alaska] that are lying fallow” that would require just 600 miles through the ice zone, Treadwell asserted to lawmakers at a maritime subcommittee hearing in the U.S. House of Representatives.
2019, May, 13, 12:20:00EUROPE GAS STRATEGY: €139 BLN
The main conclusion of the study was that reduction targets can be achieved even in a non-technology-specific scenario (Evolution) by using the networks. A GHG reduction of 55% by 2030 and 95% by 2050 (relative to 1990 levels) was achieved for the energy industry, buildings and industry €139 billion cheaper than in a highly regulated approach with electrification by means of heat pumps (Revolution).
2019, May, 13, 11:55:00OCCIDENTAL, ANADARKO DEAL: $57 BLN
Occidental ("Occidental" or "the Company") (NYSE: OXY) ) today entered into a definitive agreement whereby Occidental will acquire Anadarko Petroleum Corporation ("Anadarko") (NYSE: APC) for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock, in a transaction valued at $57 billion, including the assumption of Anadarko's debt.
2019, May, 13, 11:50:00CHEVRON, ANADARKO: NO COUNTERPROPOSAL
Chevron Corporation (NYSE: CVX) announced that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that Anadarko will terminate the Merger Agreement.
2019, May, 13, 11:45:00WEATHERFORD'S BANKRUPTCY
Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses, said on Friday it would file for Chapter 11 bankruptcy protection.
2019, May, 8, 11:50:00OIL PRICES 2019-20: $70 - $67
Brent spot prices will average $70/b in 2019 and $67/b in 2020, compared with an average of $71/b in 2018.
2019, May, 8, 11:45:00UKRAINE NEED RUSSIA'S GAS ANEW
Andriy Kobolev, head of state energy company Naftogaz Ukrayiny, said Ukraine will accumulate 20 Bcm of gas ahead of next winter, up from the 17 Bcm it usually has in underground storage facilities for the start of the heating season.
2019, May, 8, 11:35:006 UNDERVALUED ENERGY STOCKS
Investors with a long-term horizons could give a look to Energy Industry. According a Value Line Report on Petroleum Industry, Oil Price above $50 a barrel provide some assurance that existing dividend will be maintained.
2019, May, 8, 11:20:00OCCIDENTAL SALES $8.8 BLN
Occidental Petroleum Corp agreed to sell Anadarko's Algeria, Ghana, Mozambique and South Africa assets to Total SA for $8.8 billion.
2019, May, 8, 11:15:00AUSTRALIA'S LNG UPDOWN
The port, on Australia's east coast and home to the region's three LNG terminals, exported 1.78 million mt of the fuel during the month, up 6% year on year but down 8% from the March high of 1.93 million mt,
2019, May, 8, 11:10:00NEW RUSSIA'S LNG INVESTMENT: $1,1 BLN
The Government of the Russian Federation has approved the plan to develop the investment project aimed at building a LNG terminal in Murmansk Region.