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2014-03-15 17:15:00

SHELL CUTS USA

SHELL CUTS USA

NGE. UK-based Royal Dutch Shell plans to scale back its operations in North America by 20%, in another sign that majors are struggling to profit from the US shale sector.

The London-based company said it has been impacted by losses in resources plays such as shales, while confirming its commitment to on-going exploration in liquids-rich shales.

"We've delivered industry-leading cash flow growth in recent years, and we want to pick up the pace again both on cash flow and returns, driven by financial performance, capital efficiency and project delivery. Shell's dividend growth – expected to be some 4% for Q1 2014 – underscores that momentum and the potential for the future," Ben van Beurden,…

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Tags: SHELL, USA, GAS, SHALE
SHELL CUTS USA February, 18, 12:30:00

OIL PRICE: ABOVE $66

SHELL CUTS USA February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

SHELL CUTS USA February, 18, 12:20:00

BRENT OIL: UNDERVALUED

SHELL CUTS USA February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

SHELL CUTS USA February, 18, 12:10:00

BENEFIT FOR RUSSIA

SHELL CUTS USA February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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Chronicle:

SHELL CUTS USA
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

SHELL CUTS USA
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

SHELL CUTS USA
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

SHELL CUTS USA
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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