Gas
2021, February, 1, 12:20:00
U.S. GAS PRODUCTION DOWN
The preliminary level for dry natural gas production in November 2020 was 2,757 billion cubic feet (Bcf), or 91.9 Bcf/d. This level was 4.8 Bcf/d (-5.0%) lower than the November 2019 level of 96.7 Bcf/d.
2021, February, 1, 12:10:00
U.S. GAS MORATORIUM
Following the recent issuance of a 60-day moratorium on new drilling permits and land leases on federal land, President Joe Biden Jan. 27 signed an executive order that would suspend all new federal oil and gas leases,
2021, February, 1, 11:55:00
BP SELLS IN OMAN $2.6 BLN
bp has agreed to sell a 20% participating interest in Oman’s Block 61 to PTT Exploration and Production Public Company Limited (PTTEP) of Thailand for a total consideration of $2.6 billion.
2021, January, 28, 12:55:00
NORD STREAM 2 SANCTIONS UNCHANGED
At a briefing, White House press secretary Jen Psaki said Biden "continues to believe that Nord Stream 2 is a bad deal for Europe."
2021, January, 28, 12:25:00
THE NEW CHINA'S PLATFORM
CNOOC has taken delivery of a 100,000-ton deepwater semisubmersible production and storage platform, built to ABS Class.
2021, January, 27, 14:05:00
GLOBAL GAS DEMAND WILL UP BY 2.8%
Global natural gas demand is projected to increase by 2.8% in 2021 (about 110 bcm), thus reaching slightly above its 2019 level.
2021, January, 27, 13:35:00
SOUTH AFRICA'S RENEWABLES 6.8 GW
South Africa intends to launch three tenders for 6.8 GW of renewable energy sources and 5 GW of new coal, gas, and storage projects in 2021-2022.
2021, January, 26, 12:20:00
NORD STREAM GAS RECORD
Natural gas supplies to European consumers over the Nord Stream gas pipeline increased to record-breaking 59.2 bln cubic meters, Nord Stream AG, the pipeline operator, said.
2021, January, 26, 12:15:00
NORD STREAM 2 DESPITE SANCTIONS
The resumption of work in the Danish offshore Exclusive Economic Zone using the Fortuna comes despite US sanctions imposed Jan. 19 against both the vessel and its Russian owner, KVT-RUS.
2021, January, 25, 14:10:00
THE NEW U.S. ENERGY CAPACITY
Since 2005, the three power resources have accounted for more than 90% of all capacity additions (328 GW), with a remarkable 97% (170.9 GW) during the last seven years alone.
2021, January, 25, 14:00:00
NORWAY'S OIL, GAS PRODUCTION 2.135 MBD
Preliminary production figures for December 2020 show an average daily production of 2 135 000 barrels of oil, NGL and condensate.
2021, January, 22, 11:30:00
NORD STREAM 2: LEGITIMATE BUSINESS
However, Josep Borrell, the EU High Representative for Foreign Affairs, reiterated as recently as Jan. 18 that EU companies involved in the construction of the pipeline were conducting "legitimate business."
2021, January, 22, 11:20:00
U.S. GAS PRICES WILL UP
The annual natural gas spot price at the Henry Hub will rise 98¢ per million British thermal units (MMBtu) to average $3.01/MMBtu in 2021.
2021, January, 22, 10:45:00
BAKER HUGHES NET INCOME $653 MLN
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results for the fourth quarter and total year 2020.
2021, January, 21, 14:30:00
OECD GAS PRODUCTION DOWN 3.4%
Total OECD indigenous production of natural gas decreased by 3.4% in October 2020 compared to October 2019.
