2015-09-01 18:25:00
PRODUCERS NEED $ 500,000,000,000
At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt. Some might not make it.
The number of oil and gas company bonds with yields of 10 percent or more, a sign of distress, tripled in the past year, leaving 168 firms in North America, Europe and Asia holding this debt, data compiled by Bloomberg show. The ratio of net debt to earnings is the highest in two decades.
If oil stays at about $40 a barrel, the shakeout could be profound, according to Kimberley Wood, a partner for oil mergers and acquisitions at Norton Rose Fulbright…
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2020, September, 22, 12:59:00
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, September, 22, 12:55:00
AUSTRALIA LNG STOP $50 BLN
Woodside, Santos and Oil Search put their expansion plans on ice when oil prices collapsed in March.
2020, September, 22, 12:50:00
VIETNAM ELECTRICITY DEMAND WILL UP
electricity demand in Vietnam is expected to increase by 7.5 to 8%/year until 2030.
2020, September, 21, 12:40:00
OIL PRICE: BELOW $43
Brent was down 33 cents, or 0.8%, at $42.82 a barrel, WTI was down 38 cents, or 0.9%, to $40.73 a barrel.
2020, September, 21, 12:35:00
OIL DEMAND WILL UP BY 6.6 MBD
2021 world oil demand is now forecast to grow by 6.6 mb/d, some 0.4 mb/d lower compared with the previous month’s assessment to average 96.9 mb/d.
2020, September, 21, 12:30:00
ЦЕНА URALS: $42,74675
Средняя цена на нефть Urals за период мониторинга с 15 августа по 14 сентября 2020 года составила $42,74675 за баррель, или $312,1 за тонну.
2020, September, 21, 12:25:00
U.S. GAS DELIVERIES UP
Gas deliveries to the five other major US liquefaction terminals besides Cameron LNG totaled 8.04 Bcf/d