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News
2018, May, 16, 11:35:00
CHINA - UGANDA NUCLEAR
WNN - During last year's visit, Boonabantu noted that Uganda's Vision 2040 roadmap incorporated the development of nuclear energy as part of the country's future energy mix. "Plans have been made in Uganda to have clean and safe energy generation sources with nuclear being one of them," she said. The country, she added, welcomes partners to help construct, train and develop nuclear energy in line with International Atomic Energy Agency (IAEA) standards.
News
2018, May, 16, 11:30:00
ROSNEFT NET INCOME RUB 81 BLN
ROSNEFT - Financial results for 1Q 2018 - Revenue growth by 22% to RUB 1.72 trln in 1Q 2018 - EBITDA increase by 15.6% up to RUB 385 bln in 1Q 2018 - Net income jumps by more than by 7 times to RUB 81 bln - Considerable improvement in free cash flow to RUB 142 bln - Short-term financial liabilities cut by 49%
News
2018, May, 14, 11:40:00
OIL PRICE: ABOVE $76
REUTERS - Brent crude futures LCOc1 were at $76.79 per barrel at 0648 GMT, down 33 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $70.44 a barrel, down 26 cents, or 0.3 percent.
News
2018, May, 14, 11:35:00
GLOBAL IRAN SANCTIONS
PLATTS - Trump's plan to leave the Iran nuclear deal and reimpose sanctions could have major impacts for global oil, natural gas, metals and petrochemical markets.
News
2018, May, 14, 11:30:00
SAUDIS - RUSSIA COORDINATION
FT - “Any action will be taken in co-ordination with other producers,” the person said on Wednesday, adding that Saudi Arabia was already in talks with Russia and other producers, including the UAE.
News
2018, May, 14, 11:25:00
IRAN IMPLEMENTS COMMITMENTS
IAEA - As of today, the IAEA can confirm that the nuclear-related commitments are being implemented by Iran.
News
2018, May, 14, 11:20:00
SOUTHEAST ASIA: THE MAIN ENGINE
IMF - the region remains the main engine of global growth, accounting for more than 60 per cent of the global growth. Regional output is projected to grow by 5.6 per cent in 2018 and 2019; 5.6 per cent is about 0.1 percentage point higher than we expected in last October, supported by trade as well as accommodative global financial conditions.
News
2018, May, 14, 11:10:00
AFRICA'S MODEST GROWTH
IMF - Sub-Saharan Africa is set to enjoy a modest growth uptick, and decisive policies are needed to both reduce vulnerabilities and raise medium-term growth prospects. Average growth in the region is projected to rise from 2.8 percent in 2017 to 3.4 percent in 2018,
News
2018, May, 14, 11:05:00
LATIN AMERICA: LIMITING POTENTIAL
IMF - growth for the region to increase from 1.3 percent in 2017 to 2 percent in 2018. For 2019 growth to continue to pick up to 2.8 percent.
News
2018, May, 14, 11:00:00
ADNOC INVESTMENT PLAN: $45 BLN
AOG - The Abu Dhabi National Oil Company (ADNOC) has unveiled plans to invest $45bn alongside partners, over the next five years, to become a leading global downstream player.
News
2018, May, 14, 10:55:00
NIGERIA'S OIL PRODUCTION 2.07 MBD
PLATTS - Nigeria's oil production rebounded to 2.07 million b/d in April this year, after it slipped to 2.02 million b/d in the preceding month, according to estimates released Thursday by the oil ministry.
News
2018, May, 14, 10:50:00
LUKOIL FOR IRAQ: 800 TBD
LUKOIL - LUKOIL and the Basra Oil Company signed a Development Plan of West Qurna-2 field that provides for an oil production plateau of 800 thousand barrels per day. According to the Plan, the oil production of 480 thousand barrels per day will be reached in 2020 and 800 thousand barrels per day is expected in 2025.
News
2018, May, 14, 10:45:00
BAHRAIN ENERGY FUND: $1 BLN
OGJ - Bahrain plans to raise $1 billion for energy investments in a fund the government calls unique among Gulf Cooperation Council countries.
News
2018, May, 14, 10:40:00
BLACKSTONE'S ENERGY FUND
PENEWS - Blackstone Group LP is planning a first close this quarter on more than half of the roughly $4.5 billion it seeks for its third energy fund, according to a person familiar with the matter. The New York firm is raising the pool three years after it sealed $4.5 billion for its previous energy fund, people said.
News
2018, May, 14, 10:35:00
SHELL, TOTAL IN OMAN
AOG - Shell Gas & Power Developments has signed a memorandum of understanding (MoU) with Oman’s government to cover proposed energy development projects in Oman. The agreement covers upstream gas exploration and development, gas-to-liquids (GTL), liquefied natural gas (LNG) and renewable energies.