News
2019, May, 6, 11:25:00
NORWAY'S FUND RETURNED 9.1%
The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Such investments shall be subject to the same profitability and transparency requirements as the other investments of the Fund, says Siv Jensen, Minister of Finance.
2019, May, 6, 11:20:00
FRANCE'S SAFE NUCLEAR FUEL
Framatome, the French fuel and technology company said "two full fuel assemblies" of its Enhanced Accident Tolerant Fuel would be loaded at Exelon's Calvert Cliffs plant in February 2021.
2019, May, 6, 11:10:00
U.S. RIGS DOWN 1 TO 990
BHGE - U.S. Rig Count is down 1 rig from last week to 990, with oil rigs up 2 to 807, gas rigs down 3 to 183, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 2 rigs from last week to 61, with oil rigs down 2 to 17 and gas rigs unchanged at 44.
2019, May, 5, 10:55:00
TRANSCANADA CHANGED NAME TO TC ENERGY
We changed the name of our company from TransCanada to TC Energy, following the approval of our shareholders at our Annual and Special Meeting of Shareholders on May 3, 2019.
2019, May, 4, 11:20:00
TRANSCANADA'S NET INCOME $1 BLN
TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for first quarter 2019 of $1.004 billion or $1.09 per share compared to net income of $734 million or $0.83 per share for the same period in 2018.
2019, May, 2, 17:15:00
OIL PRICE: NOT ABOVE $72
Brent crude oil futures were at $71.47 per barrel, U.S. West Texas Intermediate crude futures were down 76 cents at $62.84 per barrel.
2019, May, 2, 17:00:00
OPEC + RUSSIA OBLIGATIONS
Russia is meeting its obligations under the OPEC/non-OPEC crude production agreement, and participants remain committed to the arrangement, despite ongoing uncertainty over world energy market developments.
2019, May, 2, 16:55:00
OPEC + IRAN, VENEZUELA
OPEC is due to meet in June, where the Iran question will no doubt be raised. But oil and gas leaders are taking a cautious approach, with Kuwait's oil minister Khaled Al Fadhel noting that a decision would be taken only after a review of oil prices.
2019, May, 2, 16:45:00
IRAN'S ELIMINATION IS IMPOSSIBLE
Asked whether Iran’s oil could be removed from the market, Mr. Barkindo said: “No repetition is needed. Eliminating Iran from the oil market is impossible.”
2019, May, 2, 16:40:00
RUSSIA'S OIL CLEANING
Operators of Belarus, Ukrainian, Hungarian and Slovakian sections of troubled Druzhba network have agreed on technical measures to clean contaminated oil from part of the system and expect normal quality oil from Russia to start entering Belarus and Urkaine in the coming days, Ukrainian pipeline operator Ukrtransnafta said Tuesday.
2019, May, 2, 16:35:00
EUROPE'S GAS DIVERSIFICATION
The EU has long worked to diversify from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers. Qatar and Australia are other major LNG suppliers.
2019, May, 2, 16:30:00
THE THIRD NORD STREAM 2 AGAIN
Nord Stream 2 is already waiting for the DEA to decide on permit applications for two different routes, and claims the request for a third route option is illegal.
2019, May, 2, 16:25:00
U.S. FEDERAL FUNDS RATE 2.25 - 2.5%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
2019, May, 2, 16:20:00
FRANCE'S NUCLEAR SHUTDOWN
France's ambitious energy plan will require substantial investment efforts over the next few years. Against this backdrop, the French government has expressed a willingness to propose a new remuneration framework for the existing nuclear fleet - though the timing and details of such a regulatory change remain uncertain and remote. What's more, the French state has opened the option of increasing its stake in EDF (currently 83.7%) by as early as 2019. If, or indeed when, these developments are implemented it could be credit positive.
2019, May, 2, 16:15:00
GAZPROM'S PROFIT: TWICE
Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2018 amounted to RUB 1,456,270 million which is by RUB 741,968 million, or 104 %, more than for the year ended December 31, 2017.