2015, November, 15, 14:10:00U.S. RIGS DOWN 4
U.S. Rig Count is down 4 rigs from last week to 767, with oil rigs up 2 to 574, and gas rigs down 6 to 193. U.S. Rig Count is down 1,161 rigs from last year at 1,928, with oil rigs down 1,004, and gas rigs down 157. The U.S. Offshore rig count is 33, up 1 rig from last week, and down 19 rigs year over year.
2015, November, 15, 13:55:00ROSNEFT UP, GAZPROM DOWN
Rosneft, a company led by Igor Sechin, said that in the first nine months of 2015 it produced 45.92 billion cubic metres (bcm) of gas, increased from 40.87 bcm in the same period last year. On Friday, Gazprom reduced its 2015 forecasts to 427 bcm, a significant decrease on its forecasts released six months ago,which expected production for the year to reach 485 bcm.
2015, November, 12, 20:00:00RUSSIA & KUWAIT COOPERATION
Russia’s President Vladimir Putin met with Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah this week to discuss opportunities for cooperation in the fields of energy and diplomacy. The two countries also signed a memorandum for military technical cooperation.
2015, November, 12, 19:55:00IRAN & IRAQ AGREEMENT
Tehran and Baghdad today signed an 6-year agreement on November 11, aimed at exporting 25 million cubic meters per day (mcm/d) of Iranian gas to Iraq's Basra.
2015, November, 11, 19:45:00RELIABLE PARTNERS FOR EUROPE
“Russia plays a central role in the question of how we Europeans can secure our energy supply,” Schroeder, whose friendship with Russian President Vladimir Putin has been controversial in Germany, said at the Nov. 9 event. “Norway and Russia are the most secure and reliable energy partners for Europe.”
2015, November, 11, 19:35:00REALISTIC NORD STREAM
“Russia plays a central role in the question of how we Europeans can secure our energy supply. Norway and Russia are the most secure and reliable energy partners for Europe”, said the former German Chancellor.
2015, November, 9, 19:55:00OIL CUTS $200 BLN
The oil and gas industry has cut $200 billion from investments this year as low prices discourage new projects, leading to cuts in crude supplies equal to half the daily output of Saudi Arabia, according to the kingdom’s Prince Abdul Aziz bin Salman.
2015, November, 9, 19:40:00U.S. RIGS DOWN 4
U.S. Rig Count is down 4 rigs from last week to 771, with oil rigs down 6 to 572, and gas rigs up 2 to 199. U.S. Rig Count is down 1,154 rigs from last year at 1,925, with oil rigs down 996, gas rigs down 157, and miscellaneous rigs down 1 rig. The U.S. Offshore rig count is 32, down 1 rig from last week, and down 21 rigs year over year.
2015, November, 6, 19:55:00GAS PRICES ARE LOWER
The winter natural gas futures strip, the four contracts from December 2015 through March 2016, averaged $2.419 per million British thermal units (MMBtu) over the report week (Wednesday, October 28, through Wednesday, November 4). This is nearly 40% lower than the five-year average, and one-third lower than the five-year minimum in trading on the New York Mercantile Exchange (Nymex).
2015, November, 6, 19:40:00RIGS DOWN 1571
The worldwide rig count for October 2015 was 2,086, down 85 from the 2,171 counted in September 2015, and down 1,571 from the 3,657 counted in October 2014.
2015, November, 6, 19:35:00RUSSIAN - JAPANESE BRIDGE
“The efficiency of Japanese investments (alternative to those in Russia) is mostly very low. From what we know in the last 3 yeast Japanese firms faced almost 600 bln yen of write downs (around 6 bln USD) because of bad investments in projects associated with hard-to-recover hydrocarbons in US and Canada, and also because of unsuccessful projects in the North Sea. And this had to be done in a period of high oil prices! De-facto IRR for international upstream projects of INPEX by the end of 2014 was 3.1% (Wood Macikenzie estimates). This is around 4 times less than a standard revenue ratio”.
2015, November, 5, 20:00:00EUROPE WANTS LNG
The Commission would assess it "rigorously against the European regulatory framework," it said, and the project would have to comply with environment, competition and public procurement rules.
2015, November, 5, 19:55:00LNG WILL RETURN
“There are a lot of gas projects under development in the world, and that will drive demand for more ships,” Kim said Oct. 28. “Growing environmental concerns also are pushing demand for more gas-powered power plants, which means there will be more demand for gas.”
2015, November, 5, 19:50:00POLAND VS NORD STREAM
Referring to the Nord Stream projects I & II, former Deputy Prime Minister of Poland Janusz Steinhoff said: “From the point of view of domestic diversification and policy, these projects are extremely irrational, because these are examples of bypassing various regulations to liberalize the gas markets which are in place in the European Union. In other words, Nord Stream I & II are not subject to regulation that gas pipelines running through the EU are, and this is an evident example of an irrational approach and a lack of solidarity in Europe.”
2015, November, 5, 19:40:00TURKEY WANTS MORE
Turkey said in February it struck a deal giving it a 10.25 percent price discount on gas from Russia's Gazprom but that accord was not signed and state pipeline operator Botas said last week it had appealed to the International Chamber of Commerce (ICC) after months of fruitless talks. "An agreement was clinched on the 10.25 percent, therefore we are taking that as our base level, but will seek a higher discount at international arbitration," Alaboyun said in an interview.