2015-08-02 18:00:00
KAZAKHSTAN SELLS KMG
Stubbornly low oil prices and delays on a mammoth offshore project have prompted Kazakhstan's national wealth fund to sell a 10 percent stake in the state energy company to the National Bank, the country's top fiscal institution.
The sale – ordered by government decree on July 29 – amounts to the state selling itself shares for $4 billion in cash and is sparking questions about how well Kazakhstan is coping with a slowdown in economic growth.
"The share acquisition is a highly unorthodox move for a central bank, although the National Bank does already control the state pension fund," Alex Nice, a Kazakhstan…
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2019, July, 20, 12:50:00
U.S. GAS PRICES DOWN TO $2.37 MMBTU
the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units (MMBtu). If realized, this price would be the lowest summer average Henry Hub natural gas price since 1998.
2019, July, 20, 12:45:00
RUSSIA'S NUCLEAR COMPETITIVENESS
Russia's nuclear power sector "continues to benefit" from supportive government policy, in contrast to "tighter restrictions" in Western Europe owing to environmental concerns and growing competition from renewables, S&P Global Ratings says in a report published
2019, July, 20, 12:40:00
ADVANCED U.S. NUCLEAR
A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.
2019, July, 20, 12:35:00
NORWAY'S PRODUCTION 1.4 MBD
Preliminary production figures for June 2019 show an average daily production of 1 409 000 barrels of oil, NGL and condensate, which is a decrease of 184 000 barrels per day compared to May.
2019, July, 20, 12:30:00
U.S. URANIUM IMPORTS
A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.
2019, July, 20, 12:25:00
ARGENTINA'S GAS PRODUCTION UP
U.S. EIA - Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018.
2019, July, 20, 12:20:00
AUSTRALIA'S LNG EXPORT UP TO 11.4 BCFD
First half production of 37 mmboe was a record for Santos and 32% above the corresponding period.