News
2020, June, 9, 17:30:00
GLOBAL LNG MARKET DECELERATION
Global LNG trade in 2019 amounted to 354.73 million mt, which was an increase of 13% from 2018 and the sixth year of consecutive growth,
2020, June, 9, 17:25:00
IRAQ IS COMMITTED OPEC+
Iraq will stick to its quota in June and July and will make further reductions later on
2020, June, 9, 17:15:00
HYDROGEN FOR GERMANY: €7 BLN
Hydrogen, the universe's most abundant particle, has often been touted as a way to power vehicles and energy plants, but it is just too expensive.
2020, June, 8, 13:45:00
OIL PRICE: NEAR $43
Brent was up 50 cents, or 1.2%, at $42.80 per barrel, WTI rose 31 cents, or 0.8%, to $39.86 a barrel.
2020, June, 8, 13:40:00
OPEC+ EXTENDING ADJUSTMENTS
OPEC+ agreed the option of extending the first phase of the production adjustments pertaining in May and June by one further month.
2020, June, 8, 13:35:00
SAUDI ARABIA REVENUE DOWN 20%
Saudi Arabia's total oil export revenue for Q1 was Riyal 149.95 billion, down from Riyal 192.03 billion for the same quarter the previous year.
2020, June, 8, 13:25:00
IRAQ OIL PRODUCTION 4.2 MBD
Iraq's output was well above its quota of 3.592 million b/d for May and June. as agreed under the historic production cuts of OPEC and its allies, led by Russia.
2020, June, 8, 13:20:00
GLOBAL ENERGY INVESTMENT WILL DOWN $400 BLN
The spread of the Covid-19 pandemic has upended these expectations, and 2020 is now set to see the largest decline in energy investment on record, a reduction of one-fifth – or almost USD 400 billion – in capital spending compared with 2019.
2020, June, 8, 13:15:00
BRITAIN'S FTSE 100 INDEX DOWN
Britain's FTSE 100 slipped 0.3% and AstraZeneca shed 3%.
2020, June, 8, 13:10:00
JAPAN COAL IMPORTS UP
In the first three months of 2020, Japan imported 44.8 million tons of coal, which increased by 3.4% in comparison to 43.3 million tons imported in the first quarter of 2019.
2020, June, 8, 13:05:00
U.S. UNEMPLOYMENT RATE DOWN TO 13.3%
Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent
2020, June, 8, 13:00:00
ARTIFICIAL INTELLIGENCE: CUSTOMER RELATIONSHIPS
The foundation of AI is data and, based on the huge amount of it that utilities collect about customers, they’re well-positioned to deploy AI to improve customer care.
2020, June, 8, 12:55:00
ENERGY: DIGITAL CUSTOMER RELATIONSHIPS
The typical customer only interacts with a utility intermittently, sometimes not at all for a year or two and typically only when there is a problem.
2020, June, 8, 12:50:00
LUKOIL NET LOSS RUB 46 BLN
In the first quarter of 2020, LUKOIL booked a loss attributable to shareholders in the amount of RUB 46.0 bln.
2020, June, 8, 12:45:00
WORLDWIDE RIG COUNT DOWN 338 TO 1,176
The worldwide rig count for May 2020 was 1,176, down 338 from the 1,514 counted in April 2020
