News
2018, March, 7, 07:13:00
IAEA - Iran is implementing its nuclear-related commitments
IAEA - Iran is implementing its nuclear-related commitments
2018, March, 5, 11:35:00
OIL PRICE: ABOVE $64 YET
REUTERS - International benchmark Brent crude was up 44 cents, or 0.68 percent, at $64.81 a barrel by 0135 GMT.
U.S. West Texas Intermediate (WTI) crude rose 41 cents, or 0.67 percent, to $61.66 per barrel.
2018, March, 5, 11:30:00
RESPONSIBILITY TO THE MARKET
REUTERS -“We all should look with responsibility to the market in order to keep the balance in the market as much as we can so as not to harm investors,” said Ali Nazar, Iraq’s national representative to OPEC.
2018, March, 5, 11:25:00
SOUTH CHINA SEA OIL
REUTERS - Any deal between the Philippines and a Chinese firm to jointly explore for gas in the Reed Bank of the South China Sea will be illegal unless China recognizes the southeast Asian nation’s sovereign rights there, a Philippine judge said on Monday.
2018, March, 4, 11:25:00
RUSSIAN GAS FOR EUROPE
REUTERS - Russia’s Energy Minister Alexander Novak told European Commission Vice President Maros Sefcofic in a phone conversation that gas transit would not be at risk until Gazprom and Naftogaz fully terminated their agreement.
2018, March, 4, 11:20:00
EXXON LEAVES RUSSIA
ROSNEFT - The decisions of ExxonMobil to abandon certain projects that fall under the legislative limitations once again imposed by the US government despite their successful development fully comply with the position of the American regulator that changed the way we collaborate on these projects.
2018, March, 4, 11:15:00
U.S. GAS WILL UP BY 40%
EIA - EIA expects a 40% increase in natural gas consumed in the U.S. industrial sector, from 9.8 quadrillion British thermal units (Btu) in 2017 to 13.7 quadrillion Btu in 2050.
2018, March, 4, 11:10:00
NORWAY'S PETROLEUM RESOURCES: 15.6 BLN M3
NPD - The Norwegian Petroleum Directorate’s (NPD’s) estimate for total proven and unproven petroleum resources on the Norwegian continental shelf is about 15.6 billion standard cubic metres of oil equivalents.
2018, March, 4, 11:00:00
RUSSIA - INDIA - BANGLADESH NUCLEAR
ROSATOM - ROSATOM, the Ministry of Science and Technology of the People's Republic of Bangladesh and the Department of Atomic Energy of the Government of the Republic of India signed a Memorandum of Understanding on cooperation in the implementation of the Rooppur NPP construction project in Bangladesh.
2018, March, 4, 10:55:00
BRITAIN'S NUCLEAR: 50%
WNN - An experienced nuclear country like the UK should aim to have nuclear accounting for around 50% of its electricity mix, according to World Nuclear Association Director General Agneta Rising.
2018, March, 4, 10:52:00
AUSTRALIA'S LNG INVESTMENT: $900 MLN
GT - Santos and its GLNG partners—Petronas, Total and KOGAS—will make a massive capital investment of $900 million in upstream developments in the Maranoa, Western Downs, Central Highlands and Banana regions in Queensland this year.
2018, March, 4, 10:50:00
SIBERIAN LNG FOR BRITAIN
FT - UK gas prices have soared this week as the extreme weather dubbed the “Beast from the East” generated huge demand for energy. Wholesale “same-day” prices more than quadrupled at one point to reach their highest level in at least 12 years.
2018, March, 4, 10:45:00
TOTAL BUYS IN LIBYA
REUTERS - French energy company Total (TOTF.PA) substantially raised its presence in Libya with the purchase of a 16.33 percent stake in Libya’s Waha concessions from U.S. Marathon Oil (MRO.N) for $450 million on Friday.
2018, March, 4, 10:40:00
PETRONAS PROFIT UP BY 91%
PETRONAS - PETRONAS’ Profit After Tax (PAT) jumped by 91 per cent in 2017 at RM45.5 billion, compared to RM23.8 billion recorded in 2016. The increase was achieved on the back of higher revenue, lower net impairment on assets and well costs and continuous efforts to optimise costs in 2017.
2018, March, 4, 10:35:00
U.S. GDP UP 2.5%
BEA - Real gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.