2018-05-14 11:35:00
GLOBAL IRAN SANCTIONS
PLATTS - Oil futures rallied Wednesday as traders digested the likely consequences of the US withdrawal from the Iran nuclear agreement. ICE Brent crude settled $2.36/b higher at $77.21/b, while NYMEX June crude settled $2.08/b higher at $71.14/b. The July Dubai cash flat price was assessed at $73.90/b on Wednesday, its highest level since it reached $74.205/b on November 26, 2014, S&P Global Platts data shows.
US President Donald Trump announced Tuesday the US will withdraw from the Iran nuclear deal and put "powerful"…
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2019, April, 22, 08:20:00
AZERBAIJAN OIL PLATFORM $6 BLN
BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.
2019, April, 22, 08:15:00
CONOCO SELLS BRITAIN $2.67 BLN
ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.
2019, April, 22, 08:10:00
BRITAIN'S RENEWABLE 33%
Renewable energy sources generated approximately 33 per cent of Great Britain’s electricity over the first quarter of 2019, according to new figures published by energy consultancy EnAppSys, with wind energy accounting for over 60% of renewable generation.
2019, April, 22, 08:05:00
TURKEY, GERMANY RENEWABLE
To further explore opportunities for bilateral energy expansion, Turkish Energy and Natural Resources Minister Fatih Dönmez and German Federal Minister for Economic Affairs and Energy Peter Altmaier met in Ankara for the second Turkish-German Energy Forum in October last year to sign a letter of intent to enhance the Turkish-German energy partnership.
2019, April, 19, 09:45:00
OIL PRICE: NEAR $72 YET
Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices.
2019, April, 19, 09:40:00
U.S. OIL PRODUCTION 12.1 MBD
the U.S. sustained its position as the world’s leading oil producer, continuing a pace of 12.1 million barrels a day (mb/d), matching February 2019. In addition, petroleum demand in March was the strongest for that month in more than a decade at 20.7 mb/d.
2019, April, 19, 09:35:00
VENEZUELA'S, RUSSIA'S OIL
Since January, Maduro’s administration has been in talks with allies in Moscow about ways to circumvent a ban on clients paying PDVSA in dollars, the sources said. Russia has publicly said the U.S. sanctions are illegal and it would work with Venezuela to weather them.