2020-04-02 14:55:00
#OilPriceWar: ARAMCO'S OIL DELIVERIES UP
PLATTS - 01 Apr 2020 - Released from its OPEC obligations to rein in production, Saudi state-run oil giant Aramco said Wednesday it was filling 15 tankers with more than 18.8 million barrels of crude — its most ever in one day as it ratchets up its price war with erstwhile ally Russia.
But plummeting demand, tightening storage availability and shrinking refinery margins with much of the world on coronavirus lockdowns could leave some of those cargoes struggling to find buyers, according to market sources, who say Aramco will have to slash its selling prices further to unload all of its crude.
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Earlier:
2020, March, 30, 10:25:00
#OilPriceWar AGAINST U.S.
A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.
2020, March, 30, 10:20:00
#OilPriceWar: OPEC+: THE NEW AGREEMENT
Saudi energy minister Prince Abdulaziz bin Salman and Russian counterpart Alexander Novak have not held any discussions about a joint agreement to balance oil markets, indicating no resolution to the price war.
2020, March, 30, 10:15:00
#OilPriceWar LOSSES $192 BLN
Oil exporters in the Middle East and North Africa region will lose $192 billion in crude income in 2020
2020, March, 27, 13:55:00
#OilPriceWar: RUSSIA UNCHANGED
Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.
2020, March, 26, 11:40:00
#OilPriceWar: U.S. NEED HELP
Some US shale producers have been pressuring the Trump administration to intervene in the price war, which broke out after Russia earlier this month declined to go along with an OPEC proposal for production cuts to prop up prices.
2020, March, 26, 11:35:00
#OilPriceWar: CHINA WINS
China is saving about $250mn a day after crude prices crashed this year amid dual demand and supply shocks.
2020, March, 23, 13:45:00
#OilPriceWar VICTIM
US oil producers are likely to be a victim of the oil-price war,
Chronicle:
2020, September, 24, 12:09:00
PUBLIC PRIVATE PARTNERSHIP WORKSHOP: FINANCING, PROJECTS & CONTRACTS
Singapore – The Public Private Partnership (PPP): Financing, Projects & Contracts workshop is back for 2020. With more sessions in different locations, Infocus International is delighted to bring one of their best events to professionals from all around the world.
2020, September, 24, 12:08:00
DISTRIBUTED ENERGY CONFERENCE October 19-21, 2020 Chicago
Distributed Energy Conference October 19-21, 2020 Marriott Marquis Chicago, Illinois
2020, September, 24, 12:05:00
GERMANY'S RENEWABLES LAW
Germany's law sets a legally binding target to achieve a carbon neutral power mix by 2050,
2020, September, 24, 12:00:00
NETHERLANDS NUCLEAR POWER
Dutch Ministry of Economic Affairs and Climate has just commissioned a study that argues that atomic energy can be a serious option in addition to wind and solar energy.
2020, September, 24, 11:55:00
TURKEY GAS DRILLING
There has been international condemnation of Turkey's gas exploration offshore Cyprus,
2020, September, 23, 15:15:00
OIL PRICE: BELOW $42 ANEW
Brent rose 23 cents or 0.6% to $41.95, WTI was up 13 cents or 0.3% at $39.93 a barrel.
2020, September, 23, 15:10:00
U.S. OIL EXPORTS UPDOWN
Despite a decline since the record monthly high of 3.7 million b/d in February, U.S. crude oil exports averaged 3.2 million b/d in the first half of 2020, up from 2.9 million b/d in the first half of 2019.