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News
2019, July, 30, 12:05:00
NORD STREAM 2 RULES
The new rules cast doubt over the commercial operation of Nord Stream 2, which argues that it has been unfairly targeted by fast-tracked legislation to stall the project.
News
2019, July, 30, 12:00:00
RUSSIA - UKRAINE'S GAS DEAL
Russia has said it wants to cut substantially its gas flows to Europe via West-leaning Ukraine by doubling the capacity of the existing Nord Stream trunk via the Baltic Sea and laying gas pipes to Turkey and onwards through the Black Sea.
News
2019, July, 30, 11:55:00
U.S. LNG FOR EUROPE UP
U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019,
News
2019, July, 30, 11:50:00
LNG FOR CHINA UP 15%
Over January-June, China imported a total 28.37 million mt of LNG, up 19.3% year on year, the latest data from the General Administration of Customs showed.
News
2019, July, 30, 11:45:00
GAZPROM SOLD $2.2 BLN
Russia’s Gazprom, the world’s largest conventional gas producer, has raised about $2.20 billion from selling a 2.9% stake to a single buyer at a large discount to the market price.
News
2019, July, 30, 11:40:00
JAPAN'S OIL, GAS 29%
Japan's oil and gas equity ratio rose to a record 29.4% of total imports and domestic output in fiscal 2018-2019 (April-March)
News
2019, July, 30, 11:35:00
U.S. GDP UP 2.1%
U.S. Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2019, according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.
News
2019, July, 30, 11:25:00
RUSSIAN NUCLEAR FOR CHINA
TVEL, the nuclear fuel manufacturer subsidiary of Russia's Rosatom, has signed a supply contract for units 7 and 8 of the Tianwan nuclear power plant in China's Jiangsu province. The customers are Suneng Nuclear Power Corporation and China Nuclear Energy Industry Corporation, which are both subsidiaries of China National Nuclear Corporation (CNNC).
News
2019, July, 30, 11:20:00
U.S. NUCLEAR FOR S.KOREA
South Korea's Doosan Heavy Industries & Construction (DHIC) signed the 'business collaboration agreement' with US small modular reactor developer NuScale Power for supply of NuScale Power Modules and other equipment. Doosan also signed the 'unit purchase agreement' through which it will make a cash equity investment in NuScale with Korean financial investors.
News
2019, July, 30, 11:20:00
BRITAIN'S NUCLEAR SOLUTION
The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.
News
2019, July, 30, 11:15:00
LUKOIL, ADNOC COOPERATION
Russian oil giant Lukoil plans to acquire a 5 percent stake in the Ghasha offshore gas project in the UAE, according to CEO Vagit Alekperov.
News
2019, July, 30, 11:10:00
TOTAL NET INCOME $2.8 BLN
Total net income (Group share) of 2.8 B$ in 2Q19, a 26% decrease compared to 2Q18 Net-debt-to-capital ratio of 20.6% at June 30, 2019 Hydrocarbon production of 2,957 kboe/d in 2Q19, an increase of 9% compared to 2Q18
News
2019, July, 30, 11:05:00
BP PROFIT $2.8 BLN
Strong financial results – Underlying replacement cost profit for the second quarter of 2019 was $2.8 billion, similar to a year earlier. The quarter’s result largely reflected continued good operating performance, offset by oil prices lower than in the second quarter of 2018. – Non-operating items in the second quarter of $0.9 billion, post-tax, related mainly to impairment charges. – Operating cash flow, excluding Gulf of Mexico oil spill payments, was $8.2 billion for the second quarter, including a $1.5-billion working capital release (after adjusting for net inventory holding gains), and $14.2 billion for the first half, including a $0.5-billion working capital release. – Gulf of Mexico oil spill payments of $1.4 billion on a post-tax basis in the second quarter were primarily the scheduled annual payments. – A dividend of 10.25 cents a share was announced for the quarter.
News
2019, July, 30, 11:00:00
ENI NET PROFIT DOWN BY 27%
Eni adjusted net profit: €0.56 billion for the quarter, down by 27% q-o-q (down by 24% excluding IFRS 16 accounting effects). €1.55 billion in the first half, down by 11% (down by 8% excluding IFRS 16 accounting effects).
News
2019, July, 30, 10:55:00
EQUINOR NET INCOME UP 27%
Equinor reports adjusted earnings of USD 3.15 billion and USD 1.13 billion after tax in the second quarter of 2019. IFRS net operating income was USD 3.52 billion and the IFRS net income was USD 1.48 billion.