News
2018, December, 10, 08:15:00
ADNOC INCREASES VALUE
ADNOC - The Abu Dhabi National Oil Company (ADNOC) has announced its successful collaboration with IBM, piloting a Blockchain-based automated system to integrate oil and gas production across the full value chain.
2018, December, 10, 08:10:00
WORLDWIDE RIG COUNT DOWN 5 TO 2,266
BHGE - The worldwide rig count for November 2018 was 2,266, down 5 from the 2,271 counted in October 2018, and up 209 from the 2,057 counted in November 2017.
2018, December, 10, 08:05:00
U.S. RIGS DOWN 1 TO 1,075
BHGE - U.S. Rig Count is down 1 rig from last week to 1,075, with oil rigs down 10 to 877 and gas rigs up 9 to 198. Canada Rig Count is down 13 rigs from last week to 186, with oil rigs down 17 to 102 and gas rigs up 4 to 84.
2018, December, 7, 08:35:00
OIL PRICE: NEAR $60 YET
REUTERS - International Brent crude oil futures LCOc1 fell below $60 per barrel early in the session, trading at $59.50 per barrel at 0144 GMT, down 56 cents, or 0.9 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $51.24 per barrel, down 25 cents, or 0.5 percent.
2018, December, 7, 08:30:00
RUSSIA - SAUDIS PACT
WSJ - Russia and Saudi Arabia have agreed to extend OPEC’s efforts to stabilize oil markets, Russian President Vladimir Putin said over the weekend, as the broader coalition of producers inches closer to a deal this week.
2018, December, 7, 08:20:00
IRANIAN OIL PRICE: $60 - $70
SHANA - Asked about potential OPEC production cuts, Mr. Zangeneh said, “Different figures are proposed and we must wait and see what decision OPEC members will make.” He also said that $60 to $70 dollars per barrel would be reasonable for crude oil.
2018, December, 7, 08:15:00
AVAILABLE ENERGY FOR DEVELOPMENT
WNN - "Some countries choose to pursue nuclear power with a view that it can play an important role in the global sustainable energy mix,” the Outcome Document states, noting that nuclear power is the second largest source of low-carbon electricity, after hydropower. It adds that the Intergovernmental Panel on Climate Change's 1.5-degree pathway report estimates that nuclear power generation will need to grow 2.5 times by 2050 if objectives are to be met.
2018, December, 7, 08:10:00
WBG GREEN INVESTMENT $200 BLN
WBG - “There are literally trillions of dollars of opportunities for the private sector to invest in projects that will help save the planet,” said IFC CEO Philippe Le Houérou. “Our job is to go out and proactively find those opportunities, use our de-risking tools, and crowd in private sector investment. We will do much more in helping finance renewable energy, green buildings, climate-smart agribusiness, urban transportation, water, and urban waste management.”
2018, December, 7, 08:05:00
FRENCH WIND POWER UP
REUTERS - Electricity generation from French wind turbines rose 17.5 percent in October, boosting French power generation from renewable sources which rose during the month alongside nuclear output, while coal and gas-fired generation fell.
2018, December, 7, 08:00:00
U.S. DEFICIT $55.5 BLN
U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $55.5 billion in October, up $0.9 billion from $54.6 billion in September,
2018, December, 7, 07:50:00
RUSSIA'S INVESTMENT TO VENEZUELA: $5 BLN
REUTERS - Venezuela has signed deals securing investment from Russia in the South American country’s oil and gold sectors, President Nicolas Maduro said on Thursday at the end of a three-day trip to Moscow.
2018, December, 7, 07:45:00
RUSSIA, RWANDA NUCLEAR COOPERATION
ROSATOM - Aleksey Likhachev emphasized: “We are happy to share our more than 70 years’ expertise in the field of peaceful use of nuclear technologies with our Rwandan partners. We hope that our cooperation in that area will contribute to the economic growth and improve the quality of life of the Rwandan population”.
2018, December, 7, 07:40:00
RWANDA'S GDP GROWTH 8.6%
IMF - Rwanda’s real GDP growth has been recovering over the past four quarters and averaged 8.6 percent in the first half of 2018.
2018, December, 7, 07:35:00
NEW ZEALAND'S GREEN INVESTMENT NZ$100 MLN
REUTERS - New Zealand Prime Minister Jacinda Ardern announced a new NZ$100 million ($69.28 million) green investment fund on Wednesday, aimed at boosting private-sector participation in a campaign to achieve zero net carbon emissions by 2050.
2018, December, 7, 07:30:00
LUKOIL, KAZMUNAYGAS CONSORTIUM
LUKOIL - President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of JSC NC KazMunayGas Alik Aidarbayev signed agreements on joint cooperation and financing of the Zhenis project in the Kazakhstan's sector of the Caspian Sea. The documents set the terms of the block's development.