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2016-03-25 19:35:00

INDIA & RUSSIA DEAL

INDIA & RUSSIA DEAL

India is expanding its footprint in China's backyard by forging deals with Russia for stakes in Siberian fields that supply Asia's biggest economy and crude consumer.

Deals last week between Rosneft and Indian state-run companies beefed up the South Asian nation's share in two assets that are linked to the East Siberia-Pacific Ocean pipeline. That conduit has a direct link to China, which also lifts a majority of ESPO supplies shipped from the Pacific port of Kozmino and is the biggest buyer of Russian crude.

India is replacing China as the center of the world's oil demand growth as its economy expands faster…

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Tags: INDIA, RUSSIA, CHINA, OIL, GAS
Chronicle:
INDIA RUSSIA DEAL
2019, August, 21, 11:55:00
INDONESIA'S COAL EXPORTS UP
Indonesia exported 30.6 million mt of thermal coal in May, up 6% on the month and up 20% on the year, according to latest customs data.
INDIA RUSSIA DEAL
2019, August, 19, 11:50:00
OIL PRICE: NEAR $59 YET
Brent was up 55 cents, or about 0.9%, at $59.19 a barrel, WTI were up 57 cents, or 1%, at $55.44 a barrel.
INDIA RUSSIA DEAL
2019, August, 19, 11:45:00
WORLD OIL DEMAND WILL UP BY 1.14 MBD
Total oil demand for the year is now anticipated to reach 99.92 mb/d. For 2020, world oil demand is expected to grow by 1.14 mb/d, in line with last month’s projection, with total world consumption anticipated to average 101.05 mb/d.
INDIA RUSSIA DEAL
2019, August, 19, 11:40:00
U.S. PETROLEUM DEMAND 20.8 MBD
Total U.S. petroleum demand averaged 20.8 million barrels per day (mb/d) in July 2019, which represented a 0.9% year-over-year increase and the highest demand for the month since 2005,
INDIA RUSSIA DEAL
2019, August, 19, 11:35:00
INDIA'S RENEWABLE INVESTMENT: $500-$700 BLN
India will require US$500 – 700 billion in renewable energy and supporting grid investment over the coming decade in order to meet its renewable energy targets
INDIA RUSSIA DEAL
2019, August, 19, 11:30:00
NORWAY'S JULY PRODUCTION 1.8 MBD
Preliminary production figures for July 2019 show an average daily production of 1 799 000 barrels of oil, NGL and condensate, which is an increase of 402 000 barrels per day compared to June.
INDIA RUSSIA DEAL
2019, August, 19, 11:25:00
U.S. SECURITIES ACQUISITIONS $1.7 BLN
The sum total in June of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $1.7 billion. Of this, net foreign private inflows were $6.1 billion, and net foreign official outflows were $4.5 billion.
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