News
2019, July, 30, 10:45:00
NOV VARCO NET LOSS $5.4 BLN
National Oilwell Varco, Inc. (NYSE: NOV) today reported second quarter 2019 revenues of $2.13 billion, an increase of 10 percent compared to the first quarter of 2019 and an increase of one percent from the second quarter of 2018.
2019, July, 30, 10:40:00
U.S. RIGS DOWN 8 TO 946
U.S. Rig Count is down 8 rigs from last week to 946, with oil rigs down 3 to 776, gas rigs down 5 to 169, and miscellaneous rigs unchanged at 1. Canada Rig Count is up 9 rigs from last week to 127, with oil rigs up 2 to 85 and gas rigs up 7 to 42.
2019, July, 25, 20:35:00
OIL PRICE: ABOVE $63 ANEW
Brent crude futures LCOc1 were up 74 cents, or 1.2%, at $63.92 a barrel by 10:59 a.m. (1459 GMT), after hitting a session high of $64.23. U.S. West Texas Intermediate crude CLc1 was up 67 cents, or 1.2%, at $56.55 a barrel, after hitting a session high of $56.99.
2019, July, 25, 20:30:00
SLUGGISH GLOBAL GROWTH
Global growth is sluggish and precarious, but it does not have to be this way because some of this is self-inflicted. Dynamism in the global economy is being weighed down by prolonged policy uncertainty as trade tensions remain heightened despite the recent US-China trade truce, technology tensions have erupted threatening global technology supply chains, and the prospects of a no-deal Brexit have increased.
2019, July, 25, 20:25:00
GERMANY'S LNG PROJECTS
The construction of the LNG terminals in Germany represents a considerable investment. The FSRU for instance, the cheapest facility, will require about €400 million ($500 million) to build.
2019, July, 25, 20:20:00
GAZPROM'S MARKET VALUE: $79.4 BLN
Gazprom’s market value is $79.4 billion, second in Russia to Sberbank’s $82 billion, according to Refinitiv Eikon data.
2019, July, 25, 20:15:00
UAE, CHINA COOPERATION
The signing of the agreements seek to further advance strategic ties between the UAE and China, opening up new partnership horizons across various fields
2019, July, 25, 20:10:00
ADNOC, CNOOC AGREEMENT
ADNOC and CNOOC signed an agreement to collaborate in the upstream and downstream oil and gas sector
2019, July, 25, 20:05:00
ADNOC, PERTAMINA AGREEMENT $2.5 BLN
ADNOC has signed an agreement with Indonesia's state energy company Pertamina to collaborate in both countries and internationally. Indonesia' foreign ministry said that the partnership could be worth up to $2.5bn.
2019, July, 25, 20:00:00
U.S. OIL INVENTORIES 445 MLN BBL
At 445 million bbl, US crude oil inventories are 2% above the 5-year average for this time of year,
2019, July, 25, 19:55:00
BRITAIN'S NUCLEAR POWER 39%
The UK obtained 19% of its primary energy from low-carbon sources last year, with 39% of this from nuclear power, but this was 7% lower than in 2017 due to outages at Dungeness B and Hunterston B towards the end of 2018, official statistics published today show. Nuclear capacity was broadly the same as in 2017, at 9.3 GW.
2019, July, 25, 19:50:00
NOVATEK'S PROFIT UP BY SIX-FOLD
Profit attributable to shareholders of PAO NOVATEK increased to RR 69.2 billion (RR 22.97 per share), or by 115.9%, in the second quarter of 2019 and to RR 451.0 billion (RR 149.73 per share), or six-fold, in the first half of 2019 as compared to the corresponding periods in 2018.
2019, July, 25, 19:45:00
NOVATEK CLOSES TRANSACTION
NOVATEK announced the closing of the sale of participation interests in Arctic LNG 2 Project
2019, July, 25, 19:40:00
SUEZ CHANAL, SUMED PIPELINE ROTES
The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and liquefied natural gas (LNG) shipments to Europe and North America.
2019, July, 25, 19:35:00
FRANCE'S GDP UP 1.3%
France's GDP growth is expected to stay moderate in the near term, reaching 1.3 percent this year and 1.4 percent in 2020, after slowing last year on the back of decelerating global growth and reduced slack.