2015-06-04 18:05:00
OPTIMISTIC OPEC: BELOW $100
OPEC oil ministers expressed optimism about their strategy of pumping more crude oil and fighting for market share, amid expectations they will stick to their production target when they meet at the end of the week.
"In terms of the global trends of energy outlook, the future looks very positive. The global economy is growing," Saudi Oil Minister Ali al-Naimi told an oil-and-gas seminar hosted by the Organization of the Petroleum Exporting Countries in the Austrian capital.
In a sign of how much things have changed for OPEC, oil ministers from some its most vulnerable nations appeared to come to terms with prices…
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2020, October, 19, 14:24:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open.
The event will take place on 12-13 November 2020, in Saint-Petersburg.
2020, October, 19, 14:20:00
HYDROGEN ENERGY WILL UP
Japan's Minister of Economy, Trade and Industry Hiroshi Kajiyama, the host of the conference, said that there was a growing global consensus that hydrogen would be essential for decarbonization, citing increased numbers of hydrogen strategy roadmaps being announced by the major global economies.
2020, October, 19, 14:15:00
TURKEY GAS RESERVES UP
The increase in the reserves is the result of continued drilling to a depth of 4,775 meters in the Tuna-1 well, which located a third reservoir in addition to the two reservoirs identified at around 3,500 meters depth in earlier drilling.
2020, October, 19, 14:10:00
CHINA ECONOMY UP
On a quarter-on-quarter basis, China GDP rose 2.7% in the third quarter, the NBS said, compared with expectations for a 3.2% rise and an 11.5% rise in the previous quarter.
2020, October, 19, 14:05:00
U.S. INDUSTRIAL PRODUCTION DOWN
U.S. industrial production fell 0.6 percent in September, its first decline after four consecutive months of gains.
2020, October, 19, 14:00:00
U.S. RIGS UP 13 TO 282
U.S. Rig Count is up 13 from last week to 282, Canada Rig Count is unchanged from last week at 80,
2020, October, 16, 13:10:00
OIL PRICE: NOT ABOVE $43 TILL
Brent dropped 38 cents, or 0.9%, to $42.78 a barrel, WTI slid 35 cents, or 0.9%, to $40.61 a barrel.