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2019

2019
2019, January, 4, 11:55:00
OIL PRICE LEVEL: $60 - 70
MEOG - A $60-70 per barrel oil price level appears adequate to incentivise sufficient long-term supply. The cost to develop both tight oil resources and conventional upstream oil projects has declined significantly since the oil price collapse of 2015-16.
2019
2019, January, 4, 11:50:00
OPEC PRODUCTION DOWN 530 TBD
AB - oil output from the Organization of Petroleum Exporting Countries fell 530,000 barrels a day to 32.6 million a day last month. It’s the sharpest pullback since January 2017, when the group first embarked on its strategy to clear the glut created by rising supplies of US shale oil.
2019
2019, January, 4, 11:45:00
IMPORTANT QATAR'S LNG
PENINSULA - Currently, Qatar is leading liquefied natural gas (LNG) exports with 12 consecutive years under its belt, while the US is looking to raise its LNG exports with its abundant shale gas supplies.
2019
2019, January, 4, 11:45:00
WORLD LNG INVESTMENT UP
REUTERS - A final investment decision (FID) could be taken on more than 60 million tonnes per annum of LNG capacity this year, well above the previous record of about 45 million tonnes in 2005 and triple last year’s 21 million tonnes, Wood Mackenzie’s research director for global gas and LNG, Giles Farrer, said.
2019
2019, January, 4, 11:40:00
OFFSHORE OILFIELD SERVICES - 2019: $210 BLN
MEOG - An expected $210bn will be spent on offshore oilfield services globally next year, according to Rystad Energy’s latest project sanctioning report. Offshore contractors have experienced four consecutive years of declining revenues, but those still standing can expect revenues to start growing again next year.
2019
2019, January, 4, 11:35:00
RUSSIAN NUCLEAR FUEL
TASS - Accident-tolerant nuclear fuel Rosatom specialists created in 2018 will considerably enhance the safety of nuclear power plants, the A.A. Bochvar High Technology Research Institute for Inorganic Materials (VNIINM) said in a news release.
2019
2019, January, 4, 11:30:00
JAPAN'S NUCLEAR RECONSTRUCTION: $17 BLN
ASAHI - At least 1.9 trillion yen ($17.12 billion) will be needed for the planned scrapping of 79 nuclear facilities, including the failed Monju prototype fast-breeder reactor, according to the Japan Atomic Energy Agency (JAEA).
2019
2019, January, 4, 11:25:00
GERMAN WIND POWER UP
PLATTS - German wind power output rose to a new annual record in 2018, up 5.4% or 5.7 TWh year on year at 111.4 TWh, TSO data aggregated by think tank Fraunhofer ISE show.