2015, November, 26, 20:00:00SHALE GAS: LESS 3%
Nowadays the proven shale gas reserves across the globe were estimated at about five trillion cubic meters, which was less than three per cent of the world's aggregate proven gas reserves.
2015, November, 26, 19:55:0050 IRAN'S OIL&GAS PROJECTS
The government hopes international companies will commit at least $100 billion that Iran says it needs to boost oil-production capacity by more than 1 million barrels a day.
2015, November, 26, 19:45:00GAS FOR EGYPT: $10 BLN
“The regional potential is being realised, and the Israeli gas discoveries look to play a key role in shaping the regional energy market,” said Yossi Abu, chief executive of Delek Drilling, in a statement announcing the Egyptian agreement. “The deal with Dolphinus is further proof of the political and economic benefits that may be derived through regional co-operation between states and energy companies.”
2015, November, 26, 19:40:00GECF CAN COOPERATE
“I think, Iran can become a major gas supplier to the Persian Gulf and regional markets, but European LNG markets are a tough competitive place for Iran."
2015, November, 26, 19:35:00U.S. RIGS DOWN 13
U.S. Rig Count is down 13 rigs from last week to 744, with oil rigs down 9 to 555, and gas rigs down 4 to 189.
2015, November, 25, 20:00:00OIL & GAS RISKS $2.2 TLN
Oil, natural gas and coal producers are risking $2.2 trillion by investing in projects for which there will be no demand if the world meets a United Nations target of limiting the rise in temperature to less than 2 degrees Celsius, a non-profit think tank said.
2015, November, 25, 19:50:00ROSNEFT RESULTS Q3 & 9M 2015
“Despite of challenging economic environment, the Company keeps improving its efficiency. This is demonstrated by keeping operating costs in rouble terms at sustainable level in conditions of 12.0% increase in industry prices. Preserving the cost base and efficient risk management contributed to an increase in profits for 9M 2015 compared to 9M 2014 despite oil price drop. The Company achieved a structural improvement in the credit profile, while the debt burden was reduced to the target level.”
2015, November, 25, 19:45:00NORWAY'S INVESTMENTS WILL FALL 9.3%
‘The latest estimates for 2016 show that total investments are expected to amount to NOK 219.4 billion. This is 5.4 per cent lower than the corresponding figure for 2015. The decline is mainly due to a fall of 9.3 per cent within oil and gas’ reads the statement.
2015, November, 24, 20:00:00RUSSIA WANTS 13%
"Russia has made huge investments in exploration, refining, and transportation of gas and holds a great share of supplying security. The country plans to increase its output to 855 billion cubic meters per year by 2035," Putin said.
2015, November, 24, 19:55:00RUSSIA & IRAN: STRATEGIC PARTNERS
Russia is a strategic partner of Iran, Iranian Oil Minister Bijan Namdar Zangeneh said during the talks with Russia’s Energy Minister Alexander Novak in Tehran at the third Gas Exporting Countries Forum (GECF) summit on Monday."Moscow is a strategic partner of Iran," the Iranian minister was quoted by IRNA news agency.
2015, November, 24, 19:40:00U.S. OIL & GAS RESERVES UP
In 2014, U.S. crude oil and lease condensate proved reserves increased to 39.9 billion barrels—an increase of 3.4 billion barrels (9.3%) from 2013. U.S. proved reserves of crude oil and lease condensate have risen for six consecutive years, and exceeded 39 billion barrels for the first time since 1972. Proved reserves of U.S. total natural gas increased 34.8 trillion cubic feet (Tcf) to 388.8 Tcf in 2014. This increase (9.8%) boosts the national total of proved natural gas reserves to a record-high level for the second consecutive year.
2015, November, 24, 19:35:00IMPLICATIONS FOR THE OIL
“We have never seen this in the last 30 years, two consecutive years of investment decline,” the IEA’s executive director, Dr. Fatih Birol, told The Wall Street Journal on the sidelines of a Statoil conference. “This will have implications for the oil markets, if not tomorrow then the day after tomorrow.”
2015, November, 23, 19:50:00RUSSIA & GERMANY UNCONCERNED
Germany will strive to ensure that all this remains under the competence of the German authorities, so if we can do this then opportunities for external meddling will be limited.
2015, November, 23, 19:35:00U.S. RIGS DOWN 10
U.S. Rig Count is down 10 rigs from last week to 757, with oil rigs down 10 to 564, and gas rigs unchanged at 193.
2015, November, 20, 20:00:00CHINA WANTS LNG
For China, the opportunity to re-negotiate existing liquefied natural gas (LNG) supply contracts with Shell, which combined with BG would supply around 30 percent of its imports by 2017, comes at an ideal time because the world's top energy consumer faces a large surfeit over the next five years.