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2018-03-04 10:45:00

TOTAL BUYS IN LIBYA

TOTAL BUYS IN LIBYA

REUTERS - French energy company Total (TOTF.PA) substantially raised its presence in Libya with the purchase of a 16.33 percent stake in Libya's Waha concessions from U.S. Marathon Oil (MRO.N) for $450 million on Friday.

The deal will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent (boe), with immediate production of around 50,000 boe/d (per day) and"significant exploration potential" in concessions in the Sirte Basin, the company said in a statement.

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Tags: TOTAL, LIBYA
TOTAL BUYS IN LIBYA February, 18, 12:30:00

OIL PRICE: ABOVE $66

TOTAL BUYS IN LIBYA February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

TOTAL BUYS IN LIBYA February, 18, 12:20:00

BRENT OIL: UNDERVALUED

TOTAL BUYS IN LIBYA February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

TOTAL BUYS IN LIBYA February, 18, 12:10:00

BENEFIT FOR RUSSIA

TOTAL BUYS IN LIBYA February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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TOTAL BUYS IN LIBYA
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

TOTAL BUYS IN LIBYA
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

TOTAL BUYS IN LIBYA
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

TOTAL BUYS IN LIBYA
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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