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2018-09-19 13:05:00

SAUDI ARAMCO INVESTMENT: $133 BLN

SAUDI ARAMCO INVESTMENT: $133 BLN

REUTERS - State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday.

"We will spend more than half a trillion Saudi Riyals on drilling activities over the next decade, in compliance with the goals and objectives of the ambitious Saudi Vision 2030," Mohammed al-Qahtani, Aramco's senior vice president for upstream, said in a statement.

He was speaking at a graduation…

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Tags: SAUDI ARAMCO, INVESTMENT
SAUDI ARAMCO INVESTMENT: $133 BLN February, 18, 12:30:00

OIL PRICE: ABOVE $66

SAUDI ARAMCO INVESTMENT: $133 BLN February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

SAUDI ARAMCO INVESTMENT: $133 BLN February, 18, 12:20:00

BRENT OIL: UNDERVALUED

SAUDI ARAMCO INVESTMENT: $133 BLN February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

SAUDI ARAMCO INVESTMENT: $133 BLN February, 18, 12:10:00

BENEFIT FOR RUSSIA

SAUDI ARAMCO INVESTMENT: $133 BLN February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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SAUDI ARAMCO INVESTMENT: $133 BLN
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».

SAUDI ARAMCO INVESTMENT: $133 BLN
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.

SAUDI ARAMCO INVESTMENT: $133 BLN
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.

SAUDI ARAMCO INVESTMENT: $133 BLN
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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