2019, August, 30, 10:15:00GAZPROM'S PROFIT +33%
Profit attributable to owners of PJSC Gazprom amounted to RUB 836,497 million for the six months ended June 30, 2019 which is by RUB 205,693 million, or 33%, more than for the same period of the prior year.
2019, August, 30, 10:00:00TechnipFMC CREATE TWO COMPANIES
TechnipFMC plc (NYSE: FTI) (Paris: FTI) announced its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading engineering and construction (E&C) player, poised to capitalize on the global energy transition.
2019, August, 28, 12:35:00U.S. LNG FOR LATIN AMERICA UP
Feedgas flows to US LNG export terminals reached a new record of 6.5 Bcf/d on Friday, subject to revisions, amid robust demand in Latin America and positive netback spreads that are expected to strengthen into October,
2019, August, 28, 12:20:00STRATEGIC BAB EL-MANDEB
The Bab el-Mandeb Strait is a sea route chokepoint between the Horn of Africa and the Middle East, connecting the Red Sea to the Gulf of Aden and Arabian Sea. Most exports of petroleum and natural gas from the Persian Gulf that transit the Suez Canal or the SUMED Pipeline pass through both the Bab el-Mandeb and the Strait of Hormuz.
2019, August, 28, 12:10:00BP SELLS ALASKA FOR $5.6 BLN
BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion.
2019, August, 26, 15:50:00U.S., CHINA ESCALATION
“This escalation of the U.S.- China trade war is another step in the wrong direction, the consequences of which will be felt by American businesses and families,” said Kyle Isakower, API’s Vice President of Regulatory and Economic Policy. “In addition to the impacts on the U.S. economy and jobs, U.S. energy leadership and global competitiveness are threatened as U.S. natural gas and oil exports continue to serve as targets for retaliation.”
2019, August, 26, 15:30:00CHINA, DUBAI COOPERATION
Dubai and China have expressed keenness to enhance cooperation in energy-related areas, especially clean and renewable energy.
2019, August, 26, 15:20:00GERMANY'S GAS IMPORTS +20%
Germany imported 20.0% more gas in the first half of 2019 than a year earlier and its import bill rose by 14.8%, official data showed.
2019, August, 26, 15:05:00PETROBRAS RATING BA2
Moody's Investors Service (Moody's) affirmed the Ba2 corporate family rating of Petroleo Brasileiro S.A. - PETROBRAS (Petrobras). Simultaneously, Moody's raised the company's baseline credit assessment (BCA) to ba2 from ba3. The actions were triggered by the company's continued success in improving its credit metrics and liquidity position. The rating outlook is stable.
2019, August, 23, 10:55:00GAZPROM'S SHARE IN EUROPE: 32%
Gazprom’s share was around the average of the past three years, edging down by 1% from the previous year to 32%. But it was the first year-on-year drop since 2014-2015, when it was hit by low gas demand in Europe.
2019, August, 23, 10:40:00ROSNEFT IN MOZAMBIQUE
Rosneft Oil Company and the National Petroleum Institute (Instituto Nacional de Petróleo, INP) have signed a Cooperation Agreement. The document was signed by Chief Executive Officer of Rosneft Oil Company Igor Sechin and Chairman of INP Carlos Zacarias. In addition, Rosneft has signed a Memorandum on Expansion of cooperation in Mozambique with the National Hydrocarbon Company (Empresa Nacional de Hidrocarbonetos, ENH).
2019, August, 23, 10:30:00THE NEW CANADA'S LNG
Woodfibre LNG, a subsidiary of Singapore-based Pacific Oil and Gas Ltd., is finalizing its engineering, procurement and construction contract, which company president David Keane expects to sign “at the end of the summer or shortly thereafter” before construction begins on the LNG export facility in Squamish, British Columbia.
2019, August, 23, 10:25:00U.S. WANT VIETNAM OIL AND GAS
U.S. energy firms had interests in the South China Sea and Washington was “committed to bolstering the energy security of our partners and allies in the Indo-Pacific region and in ensuring uninterrupted regional oil and gas production for the global market.”U.S. warships have conducted periodic “freedom of navigation” operations in the South China Sea to challenge China’s claim to nearly all of the strategic waterway.
2019, August, 21, 12:30:00U.S. OIL, GAS PRODUCTION UP
U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals combined established a new production record.
2019, August, 21, 12:25:00U.S. LNG EXPORTS UP
U.S. LNG exports set new records in June and July 2019 at 4.8 Bcf/d and 5.2 Bcf/d, respectively,