News
2018, June, 29, 10:40:00
QATAR - U.S. INVESTMENT: $20 BLN
BLOOMBERG - QATAR Petroleum, the world’s biggest seller of liquefied natural gas, is looking to get even larger, investing US$20 billion in America’s oil and gas fields, at a time when rival U.S. exporters are expanding.
2018, June, 29, 10:35:00
MOZAMBIQUE'S LNG DEVELOPMENT
FT - Anadarko has estimated the reserves in its Area 1 acreage off the coast of Mozambique at about 75tn cubic feet, implying a resource life of about 120 years at the initial production rate of 12.88m tonnes of LNG per year, but the consortium intends to expand the plant every five years to add more capacity.
2018, June, 29, 10:30:00
URANIUM IS IMPORTANT
WNN - For the foreseeable future, most new nuclear power technologies will still run, wholly or partially, on uranium, so it is important that this vital resource is mined, produced and managed sustainably, International Atomic Energy Agency (IAEA) Director General Yukiya Amano said this week. It is also essential to take full account of environmental concerns, "both to ensure public acceptance today and to avoid troubling legacy issues in the future", he added.
2018, June, 29, 10:25:00
U.S. NUCLEAR IS IMPORTANT
WNN - A group of 75 senior US figures, including former statesmen, military, industrial and academic leaders, have written to Energy Secretary Rick Perry imploring him to take immediate action to prevent the closure of reactors, citing the contribution of nuclear power to national security. Meanwhile, the US Senate has passed a 2019 appropriations bill providing USD1.2 billion for nuclear energy programmes and supporting nuclear innovation.
2018, June, 29, 10:20:00
INDIA'S STRATEGIC NUCLEAR
WNN - GE and EDF have signed a strategic cooperation agreement for the planned construction of six EPR reactors at the Jaitapur site in Maharashtra, India. The document was announced by Xavier Ursat, senior executive vice president of EDF in charge of new nuclear projects and engineering, and Andreas Lusch, president and CEO of GE's Steam Power business.
2018, June, 29, 10:15:00
RUSSIA - FRANCE NUCLEAR COOPERATION
ROSATOM - ROSATOM and the French EDF Group signed a Memorandum of Understanding on Development of Innovative Cooperation at the World Nuclear Exhibition 2018 (WNE).
The document was signed by Alexey Likhachev, General Director of ROSATOM and Jean-Bernard L?vy, Chairman and CEO of EDF Group.
2018, June, 29, 10:10:00
RUSSIA - RWANDA NUCLEAR
ROSATOM - June 22, 2018 in Moscow ROSATOM and the Ministry of Infrastructure of the Republic of Rwanda signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.
2018, June, 29, 10:05:00
U.S. GDP UP OF 2%
U.S. BEA - Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the first quarter of 2018 , according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.9 percent.
2018, June, 29, 10:00:00
NOV - ARAMCO COOPERATION
NOV - National Oilwell Varco, Inc. (NYSE: NOV) today announced the signing of an agreement with Saudi Aramco to form a joint venture in the Kingdom of Saudi Arabia. Through its state-of-the-art manufacturing and fabrication facilities in the Kingdom and NOV’s market-leading drilling technologies, the joint venture will provide high-specification land rigs, rig and drilling equipment and offer certain aftermarket services.
2018, June, 27, 11:20:00
OIL PRICE: NOT ABOVE $77
REUTERS - Brent crude futures LCOc1 had climbed 61 cents, or 0.8 percent, from their last close to $76.92 per barrel by 0650 GMT.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $70.88, up 35 cents, or 0.5 percent.
2018, June, 27, 11:15:00
U.S. - RUSSIA COOPERATION
REUTERS - “We met. We discussed energy issues, among other things. We touched upon questions related to sanctions,” Novak said in a press briefing in Washington. “We can’t sidestep these difficult questions, so of course we touched upon them during our contact.”
2018, June, 27, 11:05:00
IEA: GLOBAL GAS DEMAND UP
IEA - Global gas demand will grow at an average rate of 1.6% a year, reaching just over 4,100 billion cubic meters (bcm) in 2023, up from 3,740 bcm in 2017,
2018, June, 27, 11:00:00
TOTAL: GAS DEMAND UP
REUTERS - French oil and gas company Total SA expects the global natural gas market to grow far faster than that for crude oil over the next two decades thanks to booming demand for the cleaner-burning fuel in Asia, an outlook that underpinned Total’s recent big investments in the space, Chief Executive Patrick Pouyanne said.
2018, June, 27, 10:55:00
U.S. - NORD STREAM SANCTIONS
OGJ - Sandra Oudkirk, deputy assistant secretary for energy diplomacy at the US Department of State, confirmed that the Trump administration has received several requests to sanction the proposed Gazprom-sponsored pipeline that would extend from Russia beneath the Baltic Sea to Germany.
2018, June, 27, 10:50:00
U.S. - IRAN SANCTIONS
ARAB NEWS - The United States warned countries that they must stop buying Iranian oil before Nov. 4 or face a renewed round of American sanctions.