2020-09-02 12:50:00
UAE OIL PRODUCTION +103 TBD
PLATTS - 01 Sep 2020 - The UAE breached its OPEC+ quota in August, pumping 2.693 million b/d, the energy minister tweeted on Sept. 1, as electricity demand powered by natural gas -- produced in concert with crude oil -- surged in the month.
"While the UAE's production increased to 2.693 million b/d in August, measures have been taken to compensate for this temporary increase due to peak summer electricity demand in the UAE, which required an increase in oil production and associated gas," Suhail al-Mazrouei tweeted.
That is 103,000 b/d above…
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Earlier:
2020, August, 28, 14:40:00
ROSNEFT PRODUCTION 4.34 MBD
ROSNEFT 1H 2020 LIQUIDS PRODUCTION AMOUNTED TO 4.34 MMBPD UNDER NEW OPEC+ AGREEMENT
2020, August, 21, 11:25:00
OPEC+ : FRAGILE MARKET
OPEC+ underscored the fragility of the market and significant uncertainties, particularly associated with oil demand, and called for vigilance by all participating countries.
2020, August, 10, 11:05:00
LUKOIL PRODUCTION DOWN
Oil production excluding the West Qurna-2 project was 40.2 million tonnes for the six months of 2020, which is 5.6% lower year-on-year
2020, August, 3, 12:45:00
RUSSIA'S OIL PRODUCTION 9.37 MBD
Russia agreed to cut crude production over May to July by 2.5 million b/d from a baseline of 11 million b/d to 8.5 mil b/d under the OPEC+ agreement.
2020, August, 3, 12:35:00
UAE NUCLEAR POWER
Nawah Energy Co. started up Unit 1 of the Barakah nuclear energy plant in the oil-rich emirate of Abu Dhabi
Chronicle:
2021, April, 15, 13:09:00
MASTERING WIND POWER 23 – 30 June 2021
Mastering Wind Power
LIVE ONLINE COURSE OVER 5 SESSIONS
Commences: 23 June 2021 – 30 June 2021 (7 – 10 am)
2021, April, 15, 13:05:00
U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
U.S. commercial crude oil inventories decreased by 5.9 million barrels to 492.4 million barrels.
2021, April, 14, 12:19:58
OIL PRICE: ABOVE $64 STILL
Brent rose 85 cents, or 1.3%, to $64.52 a barrel. WTI added 82 cents, or 1.4%, to $61 a barrel.
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
2021, April, 14, 12:10:00
U.S. OIL PRODUCTION WILL UP
Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress and Americans travel again, boosting gasoline consumption.
2021, April, 14, 12:05:00
EUROPE NEED €150 BLN PER YEAR
The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.