News
2020, March, 6, 12:45:00
OIL PRICE: NEAR $49
Brent crude fell 49 cents, or 0.98%, to $49.50 per barrel, WTI was down 46 cents, or 1%, at $45.44 per barrel.
2020, March, 6, 12:40:00
OPEC NEEDS REDUCTION 1.5 MBD
With oil prices tumbling, OPEC now wants to deepen its production cuts with non-OPEC allies by 1.5 million b/d for the full year 2020, instead of just the second quarter, sources said Thursday.
2020, March, 6, 12:30:00
U.S. OIL EXPORTS +45%
U.S. crude oil exports averaged 2.98 million barrels per day (b/d) in 2019,
2020, March, 6, 12:25:00
U.S. LNG LIMITATION
"Last year was the best year for [final investment decisions] for the US LNG industry ever,"
2020, March, 6, 12:20:00
NORD STREAM 2 EXTENSION
Construction works on the 55 Bcm/year Russian Nord Stream 2 pipeline linking Russia to Germany via the Baltic Sea were abruptly interrupted in late December after the US government implemented new sanctions threatening measures against contractors building the project.
2020, March, 6, 12:10:00
U.S. SMALL NUCLEAR PERSPECTIVES
what is really behind small modular nuclear reactors and why they are poised to disrupt the generation field in the coming decade
2020, March, 6, 12:05:00
EXXON INVESTMENT LEVEL $33 BLN
ExxonMobil is planning capital expenditures of between $30 billion to $35 billion annually through 2025, consistent with previous guidance. For 2020, the company anticipates an investment level of up to $33 billion, depending on the progress of individual projects.
2020, March, 6, 12:00:00
RUSHYDRO NET PROFIT RUB 643 MLN
RUSHYDRO Reported: net profit RUB 51,547 mn – adjusted net profit (-27.1% y-o-y) net profit in 2019 – RUB 643 mn (-98.0% y-o-y) mostly as a result of impairment of property, plant & equipment.
2020, March, 6, 11:55:00
AUSTRALIA'S GDP GROWTH 2.0%
Australia's economic growth has recovered gradually in 2019 from the lows in the second half of 2018,
2020, March, 4, 10:05:00
OIL PRICE: NOT ABOVE $53
Brent rose by 78 cents, or 1.50%, to $52.64 a barrel, WTI rose by 72 cents, or 1.53%, to $47.90 a barrel,
2020, March, 4, 10:00:00
OPEC'S PROPOSAL: $60
“Conoravirus ... is a short-lived factor which is affecting oil prices ... There will be an OPEC (and non-OPEC) meeting, compensatory measures will be taken which will take the excess oil off the market and the oil price will rebound,” Fedun said.
2020, March, 4, 09:55:00
U.S. OIL PRODUCTION 12.23 MBD
Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels.
2020, March, 4, 09:50:00
IRAQ'S OIL EXPORTS 3.9 MBD UP 5.6%
Iraq's total exports, which include those of Kurdistan, reached 3.873 million b/d in February, up from 3.667 million b/d in January,
2020, March, 4, 09:45:00
VENEZUELA'S OIL EXPORTS UP 9%
Venezuela's oil exports increased to 1.046 million barrels per day (bpd) last month from 960,000 bpd in January,
2020, March, 4, 09:40:00
CHINA'S COAL UPDOWN
China’s coal consumption and total energy consumption increased by 1% and 3.3%, respectively, in 2019.