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November 2018

November 2018
2018, November, 14, 12:25:00
OIL PRICE: NEAR $65
REUTERS - U.S. West Texas Intermediate (WTI) crude oil futures were at $55.52 per barrel at 0732 GMT, down 17 cents, or 0.3 percent, from their last settlement. International benchmark Brent crude oil futures LCOc1 were down 9 cents at $65.38 per barrel.
November 2018
2018, November, 14, 12:15:00
OIL MARKET UNCERTAINTY
CNBC - Saudi Arabia, OPEC's biggest producer and the world's top crude exporter, intends to cut shipments by 500,000 barrels a day in December, Khalid al Falih, the country's energy minister said on Sunday. Russian Energy Minister Alexander Novak said on Sunday he wasn't convinced the oil market would be oversupplied in 2019. Russia is the world's second biggest oil producer after the United States and, along with Saudi Arabia, plays an influential role in the oil alliance.
November 2018
2018, November, 14, 12:10:00
NATURAL GAS: THE SECOND
REUTERS - Global gas demand would increase by 1.6 percent a year to 2040 and would be 45 percent higher by then than today,
November 2018
2018, November, 14, 12:05:00
CHINA: THE WORLD'S TOP
REUTERS - China has overtaken Japan to become the world’s top importer of natural gas, as Beijing’s crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.
November 2018
2018, November, 14, 12:00:00
U.S. PRODUCTION: OIL + 113 TBD, GAS + 1,038 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 113,000 b/d month-over-month in December from 7,831 to 7,944 thousand barrels/day , gas production to increase 1,038 million cubic feet/day from 74,041 to 75,079 million cubic feet/day .
November 2018
2018, November, 14, 11:55:00
NUCLEAR NEEDS INVESTMENT
WNN - world electricity generation increases from 25,679 TWh in 2017 to 30,253 TWh in 2025 and to 40,443 TWh in 2040. Global nuclear generation increases from 2637 TWh in 2017 to 3726 TWh in 2040, when it will account for around 9% of total electricity production, down from the current level of about 10.5%. Fossil fuels remain the major source for electricity generation under this scenario, but their share falls from around two-thirds today to under 50% by 2040.
November 2018
2018, November, 14, 11:50:00
NUCLEAR POWER CHANGING
WNN - The search for solutions to climate change must include discussion of nuclear power, Scott Foster, director of the Sustainable Energy Division of UNECE, told
November 2018
2018, November, 14, 11:45:00
U.S. NUCLEAR CAPEX DOWN 40.8%
WNN - in 2017 the average total generating cost - which includes capital, fuel and operating costs - for nuclear energy was USD33.50 per megawatt-hour (MWh).
November 2018
2018, November, 14, 11:40:00
LUKOIL PRODUCTION 2.3 MBD
LUKOIL - For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.
November 2018
2018, November, 14, 11:35:00
BHGE, GE MAXIMIZES VALUE
GE - Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE