Gas
2021, February, 18, 12:10:00
AUSTRALIA'S SANTOS LOSS $357 MLN
The reported net loss after tax of US$357 million includes the previously announced impairments, primarily due to lower oil price assumptions.
2021, February, 17, 16:00:00
LNG FOR ASIA UP
China saw the greatest increase in Asian LNG volumes during 2020, importing 67.4 Mt of LNG, up 11.1% on the 60.7 Mt imported in 2019.
2021, February, 17, 15:55:00
QATAR LNG LEADERSHIP
Qatar will spend billions of dollars expanding its LNG capacity more than 50% to 126 million tons a year.
2021, February, 17, 15:50:00
NORD STREAM 2 SANCTIONS CONTINUED
Some 150 km of Nord Stream 2 remains to be laid in Danish and German waters, but the threat of US sanctions against companies involved in laying the pipeline has led to long delays in its completion.
2021, February, 17, 15:45:00
GAZPROM SALES DOWN: 2020
Gazprom sold a total of 209.7 Bcm last year across all of its pipeline markets, down from 228.2 Bcm in 2019,
2021, February, 17, 15:40:00
NORWAY'S OIL, GAS PRODUCTION 2.137 MBD
Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.
2021, February, 16, 12:05:00
LNG DEMAND UP
Growing liquified natural gas (LNG) demand will reduce market oversupply in 1H21, with volumes of gas in European storage facilities already normalised due to the cold winter in the northern hemisphere,
2021, February, 16, 11:45:00
BP QUANTUM ENERGY
By joining the IBM Quantum Network™ as an Industry Partner, bp will have access to IBM's quantum expertise and software and cloud-based access to the most advanced quantum computers available via the cloud.
2021, February, 16, 11:40:00
ROSNEFT NET INCOME RUB 147 BLN
Net income in 4Q 2020 reached a record of RUB 324 bln and amounted to RUB 147 bln in 2020.
2021, February, 16, 11:35:00
ROSNEFT PRODUCTION 4 MBD
Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.
2021, February, 12, 11:50:00
TURKEY IS STRATEGICALLY IMPORTANT
Turkey is a strategic European Union ally that helps the bloc's security and stability and provides diversification of energy resources,
2021, February, 11, 14:10:00
SHELL OIL PRODUCTION WILL DOWN
An expected gradual reduction in oil production of around 1-2% each year, including divestments and natural decline.
2021, February, 11, 14:00:00
TOTAL NET LOSS $7.2 BLN
Total preserves its financial strength with a gearing of 21.7% at the end of 2020.
2021, February, 10, 11:50:00
NORD STREAM 2: EASING OF SANCTIONS
Germany was willing to considerably increase its financial support for LNG infrastructure by up to Eur1 billion ($1.2 billion). In exchange, the US would allow the "unhindered construction and operation" of Nord Stream 2.
2021, February, 10, 11:35:00
LNG DEFICIT
Novatek expects worldwide LNG demand to continue to grow even as countries decarbonise their energy systems.