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2019-05-29 10:35:00

GRONINGEN'S SEISMIC RISKS

GRONINGEN'S SEISMIC RISKS

REUTERS - Production at the Groningen gas field in the Netherlands needs to be slashed by almost 40% to limit seismic risks, regulator SodM said on Tuesday, after a 3.4 magnitude earthquake hit the region last week.

Authorities have been forced to repeatedly reduce output at what was once Europe's largest gas field due to dozens of minor tremors each year that have damaged thousands of homes and sparked protests by locals.

Output should be cut for the year from October to no more…

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Tags: NETHERLANDS, GAS, GRONINGEN, DUTCH
Chronicle:
GRONINGEN'S SEISMIC RISKS
2019, September, 23, 14:00:00
U.S. PETROLEUM DEMAND 21.5 MBD
Total U.S. petroleum demand of 21.5 mb/d was highest for any month since August 2005; Improved infrastructure helped increase supply and lower prices; Highest U.S. petroleum exports (8.1 mb/d) for the month of August; and Total inventories increased year-on-year for the ninth consecutive month.
GRONINGEN'S SEISMIC RISKS
2019, September, 23, 13:55:00
DUBAI: THE 8TH POSITION OF GFCI
Dubai has risen the ranks of the Global Financial Centres Index, GFCI, to the eighth position, representing its highest ever-ranking. The city is the only financial centre within the Middle East, Africa and South Asia, MEASA, to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, Hong Kong and Singapore.
GRONINGEN'S SEISMIC RISKS
2019, September, 23, 13:50:00
UAE GDP WILL UP 2.4%
Real economic growth in the UAE, as estimated by Central Bank of the United Arab Emirates, exhibited Y-o-Y growth of 2.2 percent in Q2 -2019, lower than in the previous quarter. The bank expects national economy to grow 2.4 pc in 2019, driven by faster growth in the non-oil sector.
GRONINGEN'S SEISMIC RISKS
2019, September, 23, 13:45:00
ROSNEFT INVESTMENT FOR INDIA
Минприроды России произвело оценку запасов полезных ископаемых в натуральном и стоимостном измерениях по итогам 2018 года и их изменений относительно результатов оценки по итогам 2017 года.
GRONINGEN'S SEISMIC RISKS
2019, September, 23, 13:40:00
U.S. RIGS DOWN 18 TO 868
U.S. Rig Count is down 18 rigs from last week to 868, with oil rigs down 14 to 719, gas rigs down 5 to 148, and miscellaneous rigs up 1 to 1. Canada Rig Count is down 15 rigs from last week to 119, with oil rigs down 11 to 82 and gas rigs down 4 to 37.
GRONINGEN'S SEISMIC RISKS
2019, September, 20, 15:45:00
OIL PRICE: NEAR $64
Brent crude LCOc1 was up 7.7% since last Friday’s close, the biggest weekly rise since January. The front-month November contract was at $64.88 a barrel, up 48 cents, by 1113 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 rose 59 cents to $58.72 a barrel, set to post a gain of over 7% for the week.
GRONINGEN'S SEISMIC RISKS
2019, September, 20, 15:30:00
GLOBAL OIL, GAS FINANCES DOWN
Brent crude oil daily average prices were 9% lower in second-quarter 2019 than in second-quarter 2018 and averaged $68 per barrel
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