NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD
NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.
Total gas sales were 10.8 billion Sm3 (GSm3), which is an increase of 1.5 GSM3 from the previous month.
Average daily liquids production in July was: 1 525 000 barrels of oil, 357 000 barrels of NGL and 29 000 barrels of condensate.
Oil production is approx. 2.5 percent lower than the NPD's forecast for July, and about 4 percent below the forecast this year.
The main reasons that production in July was below forecast is technical problems on some fields.
The total petroleum production for the first seven months in 2018 is about 135.3 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 50.8 MSm3 o.e. of oil, about 12.5 MSm3 o.e. of NGL and condensate and about 71.9 MSm3 o.e. of gas for sale.
The total volume is 4.5 MSm3 o.e. lower than in 2017.
Production July 2018
Oil production 2018
Liquid production 2018
Gas production 2018
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The 3rd Latin America Energy Forum will address the needs of Latin America's evolving energy sector, exploring the evolution of the region’s energy mix and the role of gas in supporting the increased use of nonconventional renewables.
U.S. EIA - EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years.
ENA - Mohammed Saif Al Suwaidi, Director-General of ADFD, said, "The Abu Dhabi Fund for Development believes in the vital role the renewable energy sector plays in attaining the sustainable development goals in developing countries. This important sector stimulates economic growth, creates employment opportunities, drives innovation, supports the advancement of other key sectors, and optimises the use of natural resources – all crucial factors in improving people’s lives."
WNN - Russia and Serbia have signed an intergovernmental agreement on cooperation in nuclear energy and a joint statement on strategic partnership for the construction of a centre of nuclear science, technology and innovation.