News
2020, February, 10, 09:55:00
WORLDWIDE RIG COUNT UP 30 TO 2,073
The worldwide rig count for January 2020 was 2,073, up 30 from the 2,043 counted in December 2020, and down 192 from the 2,265 counted in January 2019.
2020, February, 10, 09:50:00
U.S. RIGS UNCHANGED TO 790
U.S. Rig Count is unchanged from last week at 790, Canada Rig Count is up 10 rig from last week at 257
2020, February, 7, 11:15:00
OIL PRICE: NEAR $55
Brent rose 24 cents, or 0.4%, to $55.17 a barrel, WTI were up 15 cents, or 0.3%, at $51.10 a barrel,
2020, February, 7, 11:10:00
RUSSIA, USA DIALOG
Russian energy minister Alexander Novak discussed bilateral energy cooperation with the US ambassador to Russia, John Sullivan, on Thursday, according to an energy ministry statement.
2020, February, 7, 11:05:00
OPEC+ : 600 TBD
The Russian delay is sure to frustrate OPEC kingpin Saudi Arabia, which had called for the collective to immediately implement deeper cuts of 500,000 b/d or more amid the sell-off in crude prices.
2020, February, 7, 11:00:00
U.S., RUSSIA SANCTIONS: THE NEXT
The US was prepared to sanction Rosneft if it continued to trade crude oil and fuel with PDVSA, but analysts said those sanctions have yet to be imposed because of the expected impact they may have on the global oil market.
2020, February, 7, 10:55:00
EU, TURKEY SANCTIONS
The EU has agreed to sanctions against two officials from Turkey’s state petroleum company.
2020, February, 7, 10:50:00
LOW CARBON ELECTRICITY: NUCLEAR POWER
Global nuclear power generation will need to significantly expand beyond its historical markets, including in so-called newcomer countries interested in introducing this reliable source of low carbon electricity, if the world is to have a reasonable chance at meeting climate change goals.
2020, February, 7, 10:45:00
COAL POWER TRANSFORMATION
The coal power industry acknowledges that to play a stable role in future power markets, it needs to modernize, and perhaps even overhaul its long-held status as a “conventional generator
2020, February, 7, 10:40:00
NUCLEAR IS GROWING
Mr Grossi said many countries were expanding or introducing nuclear power as part of their energy mix despite the Fukushima Daiichi accident in Japan almost a decade ago and highlighted its role in fighting climate change.
2020, February, 7, 10:35:00
U.S. RENEWABLES + GREENHOUSE
But the agency paints a deeply troubling picture for the country’s greenhouse gas emissions, with carbon pollution dipping briefly this decade, increasing in the 2030s, and falling only 4% overall by 2050,
2020, February, 7, 10:30:00
EUROPE'S CLEAN ENERGY INVESTMENT $5.4 BLN
"New targeted credit lines will support climate action by companies in Bulgaria, Italy, Romania and Spain, improve access to finance by energy, tourism and education companies in Serbia, help agriculture firms in Romania to expand and encourage circular economy investment in Spain," the EIB said in a statement.
2020, February, 7, 10:25:00
ROSNEFT FOR INDIA: 2 MLN. T.
Rosneft Oil Company and Indian Oil Corporation Limited (IOCL) signed a contract to supply up to 2 million tonnes of oil to India via the port of Novorossiysk by the end of 2020.
2020, February, 7, 10:20:00
U.S. INTERNATIONAL TRADE DEFICIT $48.9 BLN
U.S. International Trade in Goods and Services, December 2019, was $48.9 billion
2020, February, 7, 10:15:00
SHELL: CLEAN ENERGY + DIGITALISATION
Two dominant energy industry themes—the move to cleaner energy and digitalisation—can be combined to “positively impact each other”, Shell CTO Yuri Sebregts told the annual meeting of energy technology heavyweight Baker Hughes in Florence on Tuesday.