News
2020, December, 21, 13:05:00
DEAL OF OPEC, RUSSIA, SAUDI ARABIA
"Today, my friend and colleague and I discussed cooperation in the OPEC+ multilateral format, and joint action and coordination in the international market.
2020, December, 21, 12:50:00
NORWAY'S OIL, GAS PRODUCTION 2 MBD
Preliminary production figures for November 2020 show an average daily production of 2 026 000 barrels of oil, NGL and condensate.
2020, December, 21, 12:45:00
SHELL OIL PRODUCTION 2.3 MBD
Shell oil production is expected to be between 2,275 and 2,350 thousand barrels of oil equivalent per day,
2020, December, 21, 12:40:00
BP, RELIANCE GAS FOR INDIA
Reliance Industries Limited (RIL) and BP announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.
2020, December, 21, 12:35:00
U.S. CURRENT ACCOUNT DEFICIT UP TO $178.5 BLN
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $17.2 billion, or 10.6 percent, to $178.5 billion in the third quarter of 2020
2020, December, 21, 12:30:00
GEOTHERMAL ENERGY FOR CLIMATE
Since the heat to create the energy is stored in the Earth’s crust, people living on every continent could access this potential climate-changing technology.
2020, December, 21, 12:25:00
U.S. RIGS UP 8 TO 346
U.S. Rig Count is up 8 from last week to 346 , Canada Rig Count is down 9 from last week to 102
2020, December, 18, 12:10:00
OIL PRICE: NOT BELOW $51 YET
Brent fell 26 cents, or 0.5%, to $51.24 a barrel. WTI slipped 17 cents or 0.4%, to $48.19 a barrel .
2020, December, 18, 12:00:00
OPEC+ STABILITY
At the coalition's last meeting Dec. 3, OPEC+ members agreed to raise collective output by about 500,000 b/d from January and to convene monthly to determine subsequent levels.
2020, December, 18, 11:55:00
GLOBAL COAL DEMAND WILL UP 2.6%
A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following the major drop this year triggered by the Covid-19 crisis,
2020, December, 18, 11:50:00
U.S. OIL COMPANIES BANKRUPTCIES
Many oil companies that were hit hard in 2015 from the sudden drop in oil prices to levels not seen in years at the time, were able to hold on initially.
2020, December, 18, 11:45:00
ASIA SHARES DOWN
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.6% from Thursday’s record. Mainland Chinese shares fell 0.4% while Hong Kong’s Hang Seng lost 1%.
2020, December, 18, 11:40:00
U.S. SPACE NUCLEAR STRATEGY
The ability to use space nuclear power and propulsion (SNPP) systems safely, securely, and sustainably is vital to maintaining and advancing United States dominance and strategic leadership in space.
2020, December, 18, 11:35:00
ADNOC RATING 'AA'
Fitch Ratings has affirmed Abu Dhabi National Oil Company's (ADNOC) Long-Term Issuer Default Rating (IDR) at 'AA' with a Stable Outlook.
2020, December, 18, 11:30:00
WIND POWER FOR INEOS 198 GWH
From next year, chemicals maker Ineos will be buying 198 GWh of power annually from the 219-MW Northwester 2 offshore wind park in Belgian waters.