February 2019
![February 2019](/cache/02-19/EGYPT-30.8d707691.jpg)
2019, February, 15, 11:45:00
BP INVESTMENT FOR EGYPT $1.8 BLN
CNBC - Asked how much BP could spend in Egypt in 2019, Dudley said the amount would be significant. "There will be a third phase we're spending on, we're exploring today with other companies ... (So we'll be spending) $1.8 billion give or take. That's a lot," he said.
![February 2019](/cache/02-19/transcanada-17.17383143.jpg)
2019, February, 15, 11:40:00
TRANSCANADA'S NET INCOME $1.1 BLN
TRANSCANADA - TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2018 of $1.1 billion or $1.19 per share compared to net income of $0.9 billion or $0.98 per share for the same period in 2017.
![February 2019](/cache/02-19/PRICE-086.6e902aff.jpg)
2019, February, 13, 12:20:00
OIL PRICE: NEAR $63 AGAIN
REUTERS - Oil prices rose on Wednesday as producer club OPEC said it had cut supply deeply in January and as U.S. sanctions hit Venezuela’s oil exports.
![February 2019](/cache/02-19/PRICE-081.e3cb3c0e.jpg)
2019, February, 13, 12:15:00
OPEC OIL PRODUCTION 30.81 MBD
PLATTS - OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group.
![February 2019](/cache/02-19/PRICE-083.07354bd0.jpg)
2019, February, 13, 12:10:00
OPEC ISN'T A CARTEL
REUTERS - OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.
![February 2019](/cache/02-19/JAPAN-28.de1b1c77.jpg)
2019, February, 13, 12:05:00
JAPAN'S COAL UPDOWN
JAPANTODAY - the Japanese government has shifted toward coal, with the construction of 50 new coal-fired power stations planned across the country since 2012.
![February 2019](/cache/02-19/LNG-124.c771379c.jpg)
2019, February, 13, 12:00:00
U.S. LNG FOR EUROPE
PLATTS - Europe is likely to be a prime destination for US LNG cargoes well into the next decade as shipping costs make Europe preferable to Asia as a destination for US exporters, Massimo Mantovani, head of gas and LNG marketing at Italy's Eni, said Monday.
![February 2019](/cache/02-19/EUROPE-47.264437c1.jpg)
2019, February, 13, 11:50:00
IMPORTANT EUROPE'S NUCLEAR
WNN - Nuclear energy can help the European Union achieve a sustainable and low-carbon future while providing people with reliable and affordable electricity, Foratom - the European nuclear trade body - says in a new position paper.
![February 2019](/cache/02-19/INDIA-88.ea2a3c7f.jpg)
2019, February, 13, 11:45:00
INDIA'S ENERGY SECURITY
PLATTS - "We have taken several measures to overhaul the hydrocarbon policy framework to ensure energy security for the country, while pursuing the green path to progress," petroleum minister Dharmendra Pradhan said.
![February 2019](/cache/02-19/nuclear-129.1c698630.jpg)
2019, February, 13, 11:40:00
INDIA'S NUCLEAR NOT ENOUGH
WNN - A lack of available domestically produced nuclear fuel and delays in constructing and commissioning nuclear power plants, including first-of-a-kind plants and the Prototype Fast Breeder Reactor (PFBR), meant that India failed to meet its nuclear generation targets under the governmental plans over the decade to 2017.