2016
![2016](/cache/2016/06/usa-306.61c4898f.jpg)
2016, June, 13, 20:00:00
U.S. RIGS UP 6
U.S. Rig Count is up 4 rigs from last week to 414, with oil rigs up 3 at 328, gas rigs up 3 to 85, and miscellaneous rigs unchanged at 1.
Canadian Rig Count is up 24 rigs from last week to 65, with oil rigs up 16 to 29, gas rigs up 8 to 36.
![2016](/cache/2016/06/INDIA-18.4a1c7bfd.jpg)
2016, June, 10, 14:25:00
INDIAN - RUSSIAN ADVANTAGES
ONGC Videsh Ltd. signed a $1.16 billion nine-month bridge loan on May 19 to fund the purchase of a 15 percent stake in Vankor field in Siberia from Russia’s Rosneft OAO, data compiled by Bloomberg show. Indian Oil Corp. plans a $1.2 billion fundraising for Russian investments in three or four months, including short- and long-term loans, Finance Director A.K. Sharma said in an interview on Wednesday. The average margin over benchmark rates on non-rupee loans for Indian refiners and explorers was 74 basis points this year, the lowest since 2006, the data show.
![2016](/cache/2016/06/NORWAY-16.eb3272e6.jpg)
2016, June, 10, 14:20:00
NORWEGIAN MERGER
Oil companies BP (BP.L) and Det norske (DETNOR.OL) have agreed to merge their Norwegian businesses in a $1.3 billion all-share deal to cut costs, challenge Statoil's (STL.OL) dominance of the local industry and look for more acquisitions.
![2016](/cache/2016/06/RUSSIA-86.ced3b4a2.jpg)
2016, June, 10, 14:15:00
RUSSIA: CAREFUL APPROACH
“There are still no fundamental factors for growth in oil prices,” Siluanov said. “We should plan our financial resources on that basis.”
![2016](/cache/2016/06/INDONESIA-11.514d10a8.jpg)
2016, June, 10, 14:10:00
INDONESIA'S OIL DOWN
The Indonesian government has proposed to the parliament revising down the country's 2016 crude oil production target by 2.4% to 810,000 b/d, from the initial target of 830,000 b/d, as some producers had reduced their output levels due to lower global prices,
![2016](/cache/2016/06/ROSNEFT-42.e8aa843d.jpg)
2016, June, 10, 14:05:00
РОСНЕФТЬ: НИЖЕ НА 75%
В I кв. 2016 г. чистая прибыль Компании составила 14 млрд руб. Снижение чистой прибыли по отношению к 53 млрд руб. в IV кв. 2015 г. связано cо снижением EBITDA, а также с разовым признанием прочего дохода от страхового возмещения и эффекта от реализации инвестиций в размере 38 млрд руб. в конце 2015 г.
![2016](/cache/2016/06/BRITAIN-8.f6fa9208.jpg)
2016, June, 10, 14:00:00
BRITAIN LOSE 120,000 JOBS
As many as 120,000 oil workers will have lost their jobs in Britain by the end of the year compared to mid-2014 when oil prices started declining and unleashed sector-wide cost cuts, the industry's lobby group said on Friday.
![2016](/cache/2016/06/OIL-342.384e105a.jpg)
2016, June, 9, 18:50:00
OIL PRICE UP TO $51.44
Brent crude for August delivery settled at $51.44/bbl on the London market. It was the highest price for front-month Brent since Oct. 9, 2015.
![2016](/cache/2016/06/OIL-343.a96a89fb.jpg)
2016, June, 9, 18:45:00
IMF: LOW PRICE LIFE
Policymakers must find new ways to promote private sector development and help their economies diversify away from oil.
![2016](/cache/2016/06/BP-29.e61a012b.jpg)
2016, June, 9, 18:40:00
BP: TIME OF CHANGES
In 2015 global demand for primary energy grew by only 1%, significantly slower than the 10-year average. This reflected continued weakness in the global economy and lower growth in Chinese energy consumption as the country shifts from an industrial to a service-driven economy.