News
2021, January, 8, 15:25:00
IRAQ OIL PRODUCTION UP 4.7%
Iraq had a 3.804 million b/d quota for December under the OPEC+ deal.
2021, January, 8, 15:20:00
U.S. LNG EXPORTS 9.8 BCFD
U.S. exports of liquefied natural gas (LNG) set a new record in December after a record-breaking November 2020, averaging 9.8 billion cubic feet per day (Bcf/d),
2021, January, 8, 15:15:00
U.S. INTERNATIONAL TRADE DEFICIT UP TO $68 BLN
the U.S. goods and services deficit was $68.1 billion in November, up $5.0 billion from $63.1 billion in October
2021, January, 8, 15:10:00
EUROPEAN POWER GRID UP
There are several new undersea power cable interconnector projects about to become operational across Europe. These high-voltage direct-current (HVDC) projects will enable significant transfers of renewable energy.
2021, January, 8, 15:05:00
MICRO GRIDS FIND NICHES
Micro-grids find niches where existing service is poor, non-existent and/or expensive
2021, January, 8, 15:00:00
WORLDWIDE RIG COUNT UP 30 TO 1,104
The Worldwide Rig Count for November was 1,074, up 58 from the 1,016 counted in October 2020
2021, January, 6, 14:10:00
OIL PRICE: NEAR $54
Brent rose as much as 0.9% to $54.09 a barrel. WTI climbed as much as 0.6% to $50.24 a barrel.
2021, January, 6, 14:05:00
RUSSIA OIL PRODUCTION 10 MBD
Russia produced 42.46 million mt of crude and condensate in December, equivalent to around 10.04 million b/d,
2021, January, 6, 14:00:00
SAUDI ARABIA CUT PRODUCTION
Saudi Arabia will hold its February and March crude production to 8.125 million b/d -- well below its quota of 9.119 million b/d
2021, January, 6, 13:55:00
RUSSIA'S GAS FOR EUROPE
Gas from Russia is transmitted by the TurkStream offshore gas pipeline and further across Turkey.
2021, January, 6, 13:50:00
TURKSTREAM BEGINNING
In January 2020, Russia and Turkey officially commissioned the 31.5 bcm/year TurkStream gas pipeline stretching 930 km across the Black Sea and that will supply 15.75 bcm/year to Turkey and 15.75 bcm/year to Bulgaria, Serbia and Hungary.
2021, January, 6, 13:45:00
NORD STREAM 2 SANCTIONS YET
The US Senate on Jan. 1 voted to override President Donald Trump's veto of the US National Defense Authorization Act (NDAA) which includes new provisions related to Nord Stream 2 under the Protecting Europe's Energy Security Clarification Act (PEESCA).
2021, January, 6, 13:40:00
SOUTHERN GAS CORRIDOR DELIVERIES
bp and its partners have started commercial gas deliveries to southeast Europe from the Shah Deniz gas field in the Caspian Sea via the new Southern Gas Corridor (SGC) pipeline system.
2021, January, 6, 13:35:00
CHINA OIL IMPORTS UP ANEW
Crude and bitumen blend import for China's independent refineries jumped 42.2% on the year to a record high of 188.11 million mt in 2020
2021, January, 6, 13:30:00
EUROPEAN INDEXES UP
The pan-European STOXX 600 index was up 0.2%, while UK’s FTSE 100 rose 0.7% and Germany’s DAX gained 0.2%.