2019-07-03 11:35:00
RUSSIA'S OIL PRODUCTION 11.15 MBD
REUTERS - Russian daily oil output rose in June to 11.15 million barrels per day (bpd), up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut production, Energy Ministry data showed on Tuesday.
The production data for June was in line with what industry sources told Reuters on Monday.
Russian oil output has been restrained after contaminated oil was discovered in Russia's Druzhba pipeline network in April that led to the suspension of exports via the system that supplies crude to Europe and beyond.
Russian pipeline monopoly Transneft said on Monday it had fully resumed oil supplies via the Druzhba pipeline, RIA news agency reported.
All major oil producers, including Rosneft and Lukoil, increased production last month, while output at projects run by foreign majors under production sharing agreements fell by 11.2% from May.
In tonnes, oil output reached 45.653 million in June versus 47.004 million in May, which is one day longer than June. Reuters uses a tonnes/barrel ratio of 7.33.
Under a deal agreed with OPEC and other oil producers, Russia had agreed to reduce output by 228,000 bpd from the October 2018 baseline, indicating it should keep total output around the 11.17 million-11.18 million bpd level.
OPEC agreed on Monday to extend oil supply cuts until March 2020 as the group's members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring U.S. production.
Later on Tuesday, another meeting of OPEC and other large oil producers led by Russia will decide on whether to continue with the joint cuts.
The deal is expected to continue after Russian President Vladimir Putin said on Saturday he had agreed with Saudi Arabia to extend the reduction.
According to the energy ministry data, oil exports via Druzhba have been on the mend. Russian oil pipeline exports in June rose to 4.394 million bpd from 4.209 million bpd in May.
Russian natural gas production was at 54.38 billion cubic metres (bcm) last month, or 1.81 bcm a day, versus 63.28 bcm in May, the data showed.
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Earlier:
2019, July, 2, 14:55:00
ОПЕК+: РАВНОВЕСИЕ И СТАБИЛЬНОСТЬ
Участники заседания подтвердили свою готовность обеспечить устойчивое равновесие и стабильность на нефтяном рынке, а также поддержали предложение о продлении сделки по ограничению добычи нефти еще на 9 месяцев, сообщил по итогам заседания Министр энергетики Российской Федерации Александр Новак.
2019, July, 2, 14:25:00
ЦЕНА URALS: $65,63
Средняя цена нефти марки Urals по итогам января – июня 2019 года составила $ 65,63 за баррель.
2019, July, 1, 11:55:00
RUSSIA, SAUDI ARABIA DEAL
Russian President Vladimir Putin struck a deal with Saudi Crown Prince Mohammed Bin Salman to extend the OPEC+ agreement at current production levels for the rest of this year and potentially into early 2020.
2019, June, 25, 13:05:00
СПРОС НА НЕФТЬ +1.2 МБД
«Но в перспективе нескольких десятилетий доля углеводородных источников останется достаточно высокой. Сегодня она достигает 87%, если этот показатель и снизится к 2040 году, то всего до 72-75%», - сообщил глава Минэнерго России.
Chronicle:
2021, June, 10, 12:39:00
Which Actions Can Fuel The Industry: The 7th International LNG Congress Summary
Global view on the LNG industry future, actions in frames of IMO Regulations, alternative fuels for trucks and fleet, opportunities of LNG increase in Europe, and Bio-LNG and LNG-to-Power initiatives have become some of the topics of the 7th International LNG Congress. It was held at the BGS online platform on the 7-8 of June, and gathered more than 500 decision-makers of the LNG industry.
2021, June, 10, 12:38:00
МЕЖДУНАРОДНАЯ КОНФЕРЕНЦИЯ И ВЫСТАВКА "УГОЛЬ РОССИИ И СНГ"
Более 150 руководителей ведущих предприятий угольной промышленности России и СНГ соберет Международная конференция и выставка «Уголь России и СНГ», которая будет проходить 16-17 ноября 2021 в г. Москва
Организатор мероприятия: Vostock Capital
2021, June, 10, 12:35:00
U.S. OIL INVENTORIES DOWN 5.2 MB TO 474.0 MB
U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.
2021, June, 10, 12:30:00
TC ENERGY HAS TERMINATED KEYSTONE
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).
2021, June, 9, 12:55:00
OIL PRICE: ABOVE $72
Brent rose 73 cents, or 1%, to close at $72.22 a barrel, WTI rose 82 cents, or 1.2%, to settle at $70.05 a barrel,
2021, June, 9, 12:50:00
OIL PRICES 2021-22: $68-60
EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.
2021, June, 9, 12:45:00
OPEC+ OIL PRODUCTION UP 430 TBD
Despite the production gains, the looser quotas meant OPEC+ compliance stayed mostly steady at 111.45% compared to 111.16% in April,