News
2019, November, 6, 13:05:00
2040: GLOBAL ENERGY DEMAND WILL UP BY 25%
Global demand for energy is forecast to increase from nearly 286 million barrels of oil equivalent a day (mboe/d) in 2018 to more than 357 mboe/d in 2040, with average growth of about 1% p.a. In this period, energy demand in non-OECD countries is expected to increase by almost 75 mboe/d, while demand in the OECD is estimated to drop by around 3 mboe/d.
2019, November, 6, 13:00:00
OPEC'S SHARE WILL DOWN
OPEC’s production of crude oil and other liquids is expected to decline to 32.8 million barrels per day (bpd) by 2024,
2019, November, 6, 12:50:00
UKRAINE NEED RUSSIA'S $12 BLN
Gazprom has offered to Naftogaz the chance to start over with a clean slate provided all legal disputes were dropped.
"There are known cases in international practice when disputes between companies were settled out of court, and we are offering a zero option whereby all court proceedings would cease, all lawsuits would be withdrawn, and we would draw a line under this whole affair," Miller said last month.
2019, November, 6, 12:45:00
CHINA'S NUCLEAR UP 23%
China’s nuclear power sector was responsible for 4.8% of China’s total electricity supply over the period, up from 4.1% in the same period of last year.
2019, November, 6, 12:40:00
IRAN'S URANIUM: 5%
Iran will enrich uranium to 5% at its underground Fordow nuclear facility
2019, November, 6, 12:35:00
U.S. INTERNATIONAL TRADE DEFICIT $52.5 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $52.5 billion in September, down $2.6 billion from $55.0 billion in August,
2019, November, 6, 12:30:00
U.S. UNEMPLOYMENT 3.6%
Total nonfarm payroll employment rose by 128,000 in October, and the unemployment rate was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported
2019, November, 6, 12:25:00
ROSNEFT'S NET INCOME +25%
9M 2019 Net income jumped by 25% YoY to RUB 550 bln, including a QoQ growth to RUB 225 bln in 3Q 2019
2019, November, 6, 12:20:00
ROSNEFT'S PRODUCTION 5.78 MBD
9M 2019 AVERAGE DAILY HYDROCARBON PRODUCTION AMOUNTED TO 5.78 MMBOED, INCREASING BY 0.6% YOY
2019, November, 5, 15:00:00
OIL PRICE: NEAR $63
Brent was up 66 cents, or 1%, at $62.79 a barrel, WTI rose 48 cents, or 0.8%, to $57.02 a barrel.
2019, November, 5, 14:45:00
THE NEW ABU DHABI'S OIL: 7 BBL
During the meeting held at ADNOC headquarters, the Council revealed the discovery of new hydrocarbon reserves estimated at 7 billion barrels of crude oil and 58 trillion standard cubic feet of conventional gas, putting the UAE in the sixth place in terms of global oil and gas reserves, with a total reserves of 105 billion barrels and 273 trillion cubic feet of conventional gas.
2019, November, 5, 14:40:00
GLOBAL CLEAN ENERGY DOWN
Current geopolitics, rife with politicization, trade wars and sanctions, will make sustainable energy goals "extremely difficult," said Eirik Waerness, Equinor's senior vice president and chief economist.
2019, November, 5, 14:35:00
U.S. EXITS CLIMATE
U.S. carbon dioxide emissions had fallen by 14% between 2005 and 2017
2019, November, 5, 14:30:00
4 UNDERVALUED ENERGY STOCKS. NOVEMBER 2019
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
2019, November, 5, 14:25:00
SAUDI ARAMCO'S PROFIT $68.2 BLN
Saudi Aramco earned net income of $68.2 billion compared with $83.1 billion for the same period a year ago, it said in a statement posted on its website. The state company’s revenue slipped to $217 billion from $233 billion.