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April 2019

April 2019
2019, April, 1, 10:50:00
SAUDIS DEBT WILL UP
Saudi Arabia plans to issue 118 billion riyals ($31.5 billion) in debt this year to help finance the national budget deficit, the country’s Debt Management Office (DMO), part of the ministry of finance, said.
April 2019
2019, April, 1, 10:45:00
SAUDI ARAMCO RATING A+
Aramco generated earnings before interest, tax and depreciation (EBITDA) of $224 billion in 2018, Fitch said on Monday, surpassing ExxonMobil, the world’s largest listed oil firm.
April 2019
2019, April, 1, 10:40:00
ADNOC, BAKER HUGHES PARTNERSHIP
ADNOC plans to grow its conventional drilling activity by 40% by 2025 and substantially ramp up the number of its unconventional wells, as it targets 4mn barrels of oil production capacity per day by the end of 2020 and 5mn by 2030
April 2019
2019, April, 1, 10:35:00
U.S. NUCLEAR LEADERSHIP
WNN - The Nuclear Energy Leadership Act (NELA), bipartisan draft legislation which aims to accelerate the development of advanced nuclear technologies and re-establish US leadership in nuclear energy has been re-introduced to the US Senate.
April 2019
2019, April, 1, 10:30:00
BRITAIN'S RENEWABLE UP 11.8%
CT - Provisional figures published by the UK Government on Thursday show that renewable energy sources generated a record amount of electricity in 2018, increasing by 11.8% over 2017 levels, led by a record year for wind energy generation which provided 17.1% of the UK’s electricity.
April 2019
2019, April, 1, 10:25:00
BRITAIN'S THERMONUCLEAR ENERGY
WNN - The UK and the European Commission signed a contract extension today for the world’s largest fusion research facility, Joint European Torus (JET). The extension secures at least EUR100 million (USD112 million) in additional inward investment from the EU over the next two years and "brings reassurance" for the more than 500 staff at the site in Culham, near Oxford, the Department for Business, Energy & Industrial Strategy (BEIS) said.
April 2019
2019, April, 1, 10:20:00
U.S. RIGS DOWN 10 TO 1,006
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,006, with oil rigs down 8 to 816, gas rigs down 2 to 190, and miscellaneous rigs unchanged at 0.Canada Rig Count is down 17 rigs from last week to 88, with oil rigs down 14 to 35 and gas rigs down 3 to 53.