News
2020, February, 19, 11:50:00
GLOBAL PETROLEUM DEMAND WILL UP BY 1.0 MBD
EIA now expects global petroleum and liquid fuels demand will rise by 1.0 million b/d in 2020, which is lower than the forecast increase in the January STEO of 1.3 million b/d in 2020, and by 1.5 million b/d in 2021.
2020, February, 19, 11:45:00
OIL DEMAND GROWTH DOWN TO 825 KBD
We have cut our 2020 oil demand growth forecast by 365 kb/d to 825 kb/d, the lowest since 2011.
2020, February, 19, 11:40:00
U.S. ANNOYED: NORD STREAM 2
While Gazprom has said it’s looking at options to complete the pipeline, it hasn’t given any details on where it will find the ship to do the work. One of the pipeline’s financial backers, Austrian gas and oil company OMV AG, has predicted that the Russians will follow through.
2020, February, 19, 11:35:00
ЦЕНА URALS: $57,49804
Средняя цена на нефть Urals за период мониторинга с 15 января 2020 года по 14 февраля 2020 года составила $ 57,49804 за баррель, или $ 419,7 за тонну.
2020, February, 19, 11:30:00
U.S. PRODUCTION: OIL +18 TBD, GAS (-172) MCFD
Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in February from 9,157 to 9,175 thousand barrels/day, gas production to decrease 172 million cubic feet/day from 85,619 to 85,447 million cubic feet/day .
2020, February, 19, 11:25:00
U.S., RUSSIA, VENEZUELA SANCTIONS UP
The US on Tuesday imposed sanctions on Rosneft Trading SA, the Geneva-based subsidiary of the Russian state oil company, for supporting Venezuela's oil sector by continuing to trade with sanctions-hit PDVSA
2020, February, 19, 11:20:00
ROSNEFT: US SANCTIONS ARE ILLEGAL
The sanctions announced by the U.S. Treasury Department against Rosneft’s subsidiary RTSA and its Chairman are illegal, unjustified, and an act of legal abuse.
2020, February, 19, 11:15:00
$50 BLN FROM RUSSIA
The $50-billion award was originally made in 2014 by The Hague Permanent Court of Arbitration after a claim was brought by three former shareholders in Yukos – Veteran Petroleum, Yukos Universal Ltd, and Hulley Enterprises Ltd.
2020, February, 19, 11:10:00
CHINA'S COAL PRODUCTION UP
At the urging of China’s energy regulator, coal producers accelerated output resumption. About two-thirds of national capacity restarted as of Thursday.
2020, February, 19, 11:05:00
NIGERIA'S GDP GROWTH 2%
Nigeria's GDP growth forecast for 2020 was revised down to 2 percent to reflect the impact of lower international oil prices. Inflation is expected to pick up, while deteriorating terms of trade and capital outflows will weaken the country’s external position.
2020, February, 19, 11:00:00
AMAZON'S CLIMATE INVESTMENT $10 BLN
Amazon would meet the goals of the Paris climate accord 10 years ahead of the accord’s schedule and invest $100 million to restore forests and wetlands.
2020, February, 17, 12:05:00
OIL PRICE: ABOVE $57
Brent was at $57.27 a barrel, WTI rose 3 cents to $52.08 a barrel,
2020, February, 17, 12:00:00
U.S. GAS PRICES: THE LOWEST LEWEL
This winter, U.S. natural gas prices have been at their lowest levels in decades.
2020, February, 17, 11:55:00
WEAK LNG DEMAND
Weaker-than-expected LNG demand, relatively mild winter weather, the coronavirus outbreak and Chinese tariffs have made the situation worse.
2020, February, 17, 11:50:00
POWER INDUSTRY TRENDS 2020
Power Industry 2020 Predictions and Trends: Hydrogen Fuel Cells to Become a Key Player in the Reliable Energy Backup and Storage Space