AUSTRALIA'S SANTOS: DOUBLE PRODUCTION
LNG INDUSTRY - Santos has released a statement announcing its aim to increase production to over 100 million boe by 2025, almost doubling current production levels.
The Managing Director and CEO of the company, Kevin Gallagher, spoke at the company’s investor day in Sydney, Australia, and said that the successful delivery of the Transform-Build-Grow strategy presented to the market in 2016 had now positioned the company for disciplined growth.
Gallagher noted that, since…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.