2017-06-01 19:00:00
SHELL DIVESTS CANADA $8.2 BLN
SHELL - Royal Dutch Shell plc today announces the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources ("Shell") that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%.
Under the first agreement, Shell has completed the sale to a subsidiary of Canadian Natural Resources Limited ("Canadian Natural") its entire 60% interest in AOSP, its 100% interest in the Peace River Complex…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
Chronicle:
2019, June, 24, 12:00:00
COAL PRICES DOWN
Prices for benchmark premium Australian coal out of Newcastle hit their weakest since September 2016 last week at $70.78 per ton and are likely to fall further given a slowing global economy.
2019, June, 24, 11:55:00
BRITAIN'S NO CARBON ENERGY
Energy and Clean Growth Minister Chris Skidmore said: "Coal is fast becoming the fossil of our energy system and it will soon be confined to the history books. To ensure this happens as soon as possible, we have committed to phasing out coal entirely by 2025."
2019, June, 24, 11:50:00
U.S. RIGS DOWN 2 TO 967
U.S. Rig Count is down 2 rigs from last week to 967, with oil rigs up 1 to 789, gas rigs down 4 to 177, and miscellaneous rigs up 1 to 1. Canada Rig Count is up 12 rigs from last week to 119, with oil rigs up 11 to 80 and gas rigs up 1 to 39.
2019, June, 21, 10:10:00
OIL PRICE: NEAR $64 YET
Brent crude was down 20 cents, or 0.31%, at $64.25 a barrel by 0630 GMT. U.S. West Texas Intermediate crude was down 16 cents, or 0.28%, at $56.90 a barrel.
2019, June, 21, 10:05:00
THE STRAIT OF HORMUZ IS IMPORTANT
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Strait of Hormuz is the world's most important oil chokepoint because of the large volumes of oil that flow through the strait. In 2018, its daily oil flow averaged 21 million barrels per day (b/d), or the equivalent of about 21% of global petroleum liquids consumption.
2019, June, 21, 10:00:00
INDONESIA'S OIL UP, LNG DOWN
Indonesia's LNG exports plunged nearly 50% month on month in April to to 633,863 mt, while crude oil exports jumped 35% over the same period, detailed figures from Statistics Indonesia showed this week.
2019, June, 21, 09:55:00
CANADA'S LNG FOR ASIA
"We can play a role because natural gas is relatively cleaner compared to coal," he said. "So we can help countries like China and India reduce their consumption of coal."