2018, July, 6, 11:15:00U.S. ELECTRICITY INVESTMENT
WSJ - A California utility is seeking permission to have a company build the world’s largest battery, joining a growing list of power companies investing in storing electricity. Pacific Gas & Electric Co., part of PG&E Corp. , detailed plans for four storage projects totaling nearly 570 megawatts in a Friday filing to regulators, including a 300-megawatt battery installation at a natural-gas-fired power plant owned by Vistra Energy Corp.
2018, June, 29, 10:40:00QATAR - U.S. INVESTMENT: $20 BLN
BLOOMBERG - QATAR Petroleum, the world’s biggest seller of liquefied natural gas, is looking to get even larger, investing US$20 billion in America’s oil and gas fields, at a time when rival U.S. exporters are expanding.
2018, June, 29, 10:35:00MOZAMBIQUE'S LNG DEVELOPMENT
FT - Anadarko has estimated the reserves in its Area 1 acreage off the coast of Mozambique at about 75tn cubic feet, implying a resource life of about 120 years at the initial production rate of 12.88m tonnes of LNG per year, but the consortium intends to expand the plant every five years to add more capacity.
2018, June, 29, 10:00:00NOV - ARAMCO COOPERATION
NOV - National Oilwell Varco, Inc. (NYSE: NOV) today announced the signing of an agreement with Saudi Aramco to form a joint venture in the Kingdom of Saudi Arabia. Through its state-of-the-art manufacturing and fabrication facilities in the Kingdom and NOV’s market-leading drilling technologies, the joint venture will provide high-specification land rigs, rig and drilling equipment and offer certain aftermarket services.
2018, June, 27, 10:45:00ARABIAN INVESTMENT FOR INDIA: $44 BLN
AOG - Sheikh Abdullah said: “This agreement strengthens the already close ties between the UAE and the Kingdom of Saudi Arabia and between the UAE and India. The UAE is unwavering in its commitment to its strategic multi-lateral relationships with both Saudi Arabia and India, as well as being a reliable partner in India’s energy security. We look forward to exploring further opportunities to expand our energy partnerships and to collaborating on new, broader, opportunities that will further strengthen and deepen the long-standing economic links between our three countries.”
2018, June, 27, 10:30:00CHEVRON'S INVESTMENT FOR INDONESIA
REUTERS - Indonesia’s deputy energy minister said on Tuesday Chevron Corp intended to cut planned investment in the Indonesia deepwater development (IDD) gas project to around $6 billion from $12.8 billion.
2018, June, 22, 13:20:00GLOBAL OIL RESERVES UP BY 8.2BLN BBL
U.S. EIA - Collectively, these companies added a net 8.2 billion barrels of oil equivalent (BOE) to their proved reserves during 2017, which totaled 277 billion BOE at the end of the year. Exploration and development (E&D) spending in 2017 increased 11% from 2016 levels, but remained 47% lower than 2013 levels.
2018, June, 15, 11:00:00SAUDI ARAMCO INVESTMENTS WILL UP
REUTERS - Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the risk of a slowdown in oil demand.
2018, June, 15, 10:55:00CANADA'S OIL WILL UP TO 5.6 MBD
REUTERS - Canada’s oil output is set to rise 33 percent by 2035, driven almost entirely by higher oil sands production, but without new export pipelines Canadian producers will continue to be excluded from emerging markets, an industry group said
2018, June, 15, 10:40:00AUSTRALIA'S LNG INFRASTRUCTURE
REUTERS - The issue comes down to how quickly to build a shared infrastructure system that would include a major trunk pipeline for transporting gas from mammoth new offshore fields owned by various companies in northwest Australia.
2018, June, 15, 10:35:00CHEVRON STARTED IN AUSTRALIA
REUTERS - Chevron Corp has started producing liquefied natural gas (LNG) at the second unit of its $34 billion Wheatstone development, marking the completion of its two megaprojects in Australia after cost-blowouts and delays.
2018, June, 6, 11:50:00REPSOL'S INVESTMENT: €15 BLN
REPSOL - Between 2018 and 2020, Repsol plans to invest 15 billion euros: 53% in its Upstream unit (Exploration and Production) and 45% in Downstream (Refining, Chemicals, Marketing, Lubricants, Trading, LPG, Gas & Power) and low-emissions assets.
2018, June, 6, 11:45:00ABU DHABI INVESTMENT: $13.6 BLN
BLOOMBERG - Abu Dhabi plans to spend $13.6 billion over three years and allow freezone-based companies to take part in government tenders as the oil-rich emirate seeks to stimulate the economy.
2018, June, 6, 11:40:00ENI: NO IRAN SANCTIONS
REUTERS - Eni has no material exposure to Iran and so will not be affected by sanctions announced by the U.S. administration, a spokesman for the Italian oil major said
2018, June, 4, 13:40:00OIL NEED INVESTMENT
BLOOMBERG - Energy ministers from Saudi Arabia, the United Arab Emirates, Kuwait, Algeria and Oman held an unofficial consultative meeting on Saturday in Kuwait City, the Kuwait News Agency reported, citing a statement from the joint ministerial monitoring committee of OPEC and non-OPEC countries. They discussed market conditions and the producers’ compliance with the global output cuts, it said.