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News
2019, June, 13, 16:35:00
OIL PRICES 2019-20: $67
Front-month Brent crude futures were at $62.56 at 0707 GMT, up 27 cents, or 0.4%, from Monday’s close. U.S. West Texas Intermediate (WTI) crude futures were at $53.75 per barrel, 49 cents, or 0.9%, above their last settlement.
News
2019, June, 13, 16:30:00
OPEC CAUTIOUS ACTIONS
Even so, OPEC said it would tread cautiously. The organization forecast that 2019 oil consumption will rise 1.14 million b/d year-on-year, a downward revision of 70,000 b/d from last month's report, as "significant downside risks from escalating trade disputes spilling over to global demand growth remain."
News
2019, June, 13, 16:25:00
SANCTIONS FOR NORD STREAM 2
Nord Stream 2, a 760-mile (1,225-km) pipeline project to ship gas from Russia under the Baltic Sea to Germany, would double the capacity of the existing Nord Stream pipeline and has divided the European Union.
News
2019, June, 13, 16:15:00
SAUDI ARAMCO NET INCOME $111 BLN
Saudi Aramco is the world’s largest integrated oil and gas company; its upstream operations are based in the Kingdom of Saudi Arabia and it also operates a global downstream business. Headquartered in the city of Dhahran, the company operates in eight locations within the Kingdom and 20 locations overseas, and employs around 76,000 people.
News
2019, June, 13, 16:10:00
U.S.: THE PLACE FOR INVESTMENT
we adopted a number of policies to make the United States a more attractive place to invest, including these: Reducing the corporate tax rate from 35 percent to 21 percent, and cutting rates for small businesses. Moving the United States from a worldwide system of taxation to a territorial system. And allowing for immediate expensing of capital equipment.
News
2019, June, 13, 16:05:00
NORWAY'S GDP UP 2%
Norway’s economic momentum remains strong, supported by higher oil prices, competitiveness gains stemming from the weaker krone, and a robust labor market. After growing by 2.2 percent in 2018, mainland economic activity is expected to accelerate further and rise by about 2.5 percent this year, before growth slows to 2.1 percent in 2020.
News
2019, June, 13, 16:00:00
RENEWABLE ENERGY: 11 MLN JOBS
The widespread adoption of renewable energy technologies creates employment opportunities up and down the supply chain. Worldwide, the sector employed 11 million people at the end of 2018, according to this sixth edition of the Renewable Energy and Jobs series.
News
2019, June, 13, 15:50:00
U.S. SMALL NUCLEAR FOR UKRAINE
Holtec International, Ukraine's Energoatom and the country's State Scientific and Technology Centre (SSTC) have formally entered into a partnership to advance the US company's SMR-160 small modular reactor for deployment in Ukraine.
News
2019, June, 13, 15:45:00
IMF TO ANGOLA $1.24 BLN
Angola’s three-year extended arrangement was approved by the IMF Executive Board on December 7, 2018, in the amount of SDR 2.673 billion (about US$3.7 billion at the time of approval), the equivalent of 361 percent of Angola’s quota
News
2019, June, 11, 10:35:00
OIL PRICE: NOT ABOVE $63
Front-month Brent crude futures were at $62.56 at 0707 GMT, up 27 cents, or 0.4%, from Monday’s close. U.S. West Texas Intermediate (WTI) crude futures were at $53.75 per barrel, 49 cents, or 0.9%, above their last settlement.
News
2019, June, 11, 10:05:00
RUSSIA'S GAS FOR EUROPE
According to the document, Gazprom will supply up to 3.5 billion cubic meters of gas per year to VNG Handel & Vertrieb in 2021 and 2022.
News
2019, June, 11, 10:00:00
GAZPROM, OMV DEAL $1 BLN
The document sets the price of the deal during which OMV will obtain a 24.98 per cent stake in the project for developing Blocks 4A and 5A in the Achimov formations of the Urengoyskoye field at EUR 905 million (USD 1.02 billion at the cross rate of the Central Bank of the Russian Federation as of June 7, 2019). The parties plan to enter into the final agreement on the deal before the end of 2019.
News
2019, June, 11, 09:55:00
NOVATEK, CNPC AGREEMENT
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with wholly owned subsidiary of China National Petroleum Corporation (“CNPC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.
News
2019, June, 11, 09:50:00
NOVATEK, CNOOC AGREEMENT
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with CNOOC Ltd. (“CNOOC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.
News
2019, June, 11, 09:45:00
RUSSIA'S LNG FOR VIETNAM
PAO NOVATEK (“NOVATEK” and/or the “Company”), Total Gas & Power Business Services S.A.S, Siemens Aktiengesellschaft and JSC Zarubezhneft (Zarubezhneft) signed a Memorandum of Understanding (MOU) on cooperation in Vietnam.