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2017

2017
2017, January, 30, 18:45:00

TRANSCANADA'S APPLICATION

“Today’s action to reapply for the Keystone XL Pipeline’s cross-border permit is an important step forward to building a 21st Century energy infrastructure system across our nation,” said Gerard. “The Keystone XL Pipeline would support tens of thousands of jobs, contribute billions of dollars to our economy, and deliver energy efficiently and safely to consumers.

2017
2017, January, 30, 18:40:00

CHEVRON NET LOSS $497 MLN

Chevron's full-year 2016 results were a loss of $497 million ($0.27 per share – diluted) compared with earnings of $4.6 billion ($2.45 per share – diluted) in 2015.

2017
2017, January, 30, 18:35:00

VENEZUELA AGAINST CORRUPTION

Venezuela's president on Sunday created an executive vice president post and named new vice presidents to lead PDVSA in what he described as a shake-up of the state oil company and an effort to root out corruption in the OPEC nation's principal industry.

2017
2017, January, 30, 18:30:00

U.S. RIGS UP 18

U.S. Rig Count is up 93 rigs from last year's count of 619, with oil rigs up 68, gas rigs up 24, and miscellaneous rigs up 1. Canadian Rig Count is up 114 rigs from last year's count of 231, with oil rigs up 74 and gas rigs up 40.

2017
2017, January, 26, 19:15:00

OIL PRICES: ABOVE $55 BACK

Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.59 per barrel at 0313 GMT, up 51 cents, or 0.93 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $53.22 a barrel, up 47 cents, or 0.89 percent.

2017
2017, January, 26, 19:10:00

2017: PRICES WILL UP

The World Bank is holding steady its crude oil price forecast for the year at $55 per barrel, a 29 percent jump from 2016. The energy price forecast assumes members of the Organization of the Petroleum Exporting Countries (OPEC) and other oil producers will partially comply with an agreement to limit production after a long period of unrestrained output.

2017
2017, January, 26, 19:05:00

2017: FLAT OIL PRICES

Brent crude oil spot prices are expected to remain fairly flat during 2017, in part as a result of the responsiveness of U.S. tight oil production to rising oil prices in late 2016, and they are expected to average $53/b for the year.

2017
2017, January, 26, 19:00:00

BP: OIL DEMAND GROWS

Oil demand grows but at a slowing pace; and non-combusted uses replace transport as the main source of demand growth by 2030s

2017
2017, January, 26, 18:55:00

IRAN'S OIL PRODUCTION: 3.9 MBD

Iranian Minister of Petroleum Bijan Zangeneh says Iran's crude oil output is at 3.9 million barrels per day.

2017
2017, January, 26, 18:50:00

QATAR'S INVESTMENT TO RUSSIA

Abullah bin Mohammed Al Thani, the fund’s chief executive, said it would invest a further $2bn on top of $500m of existing investments in the country. Some of the investments would be made jointly with the $10bn sovereign Russian Direct Investment Fund, its partner in a deal last summer for St. Petersburg’s airport, he added.