2019, December, 6, 14:15:00OIL PRICE: NOT ABOVE $64
Brent were down 3 cents at $63.36, WTI fell 9 cents to $58.34 a barrel.
2019, December, 6, 14:10:00OIL PRODUCTION: MINUS 500 TBD
The group of more than 20 producers is considering an extra 500,000 barrels per day (bpd) in cuts for the first quarter of 2020 to take the total to 1.7 million bpd, or 1.7% of global demand, Russian energy minister Alexander Novak said
2019, December, 6, 13:25:00TREBLING NUCLEAR POWER
Renewable energy sources alone are not capable of fully decarbonising the economy, but they can complement nuclear energy in achieving this goal. The nuclear industry, led by World Nuclear Association, has set the Harmony goal for nuclear energy to provide 25% of global electricity by 2050. This will require trebling nuclear generation from its present level.
2019, December, 4, 12:40:00OIL PRICE: ABOVE $61
Brent were up 44 cents, or 0.7%, at $61.26, WTI were up by 38 cents, or 0.7%, at $56.48.
2019, December, 4, 12:15:00U.S. SHALE OVER
They believe relentless US oil production growth will slow rapidly next year.
2019, December, 4, 11:50:00SAUDI ARAMCO IPO $44.3 BLN
In total, the Saudi government plans to sell 0.5% of Aramco to individual investors and the remainder to domestic institutions and international firms registered in the kingdom, known as qualified foreign investors.
2019, December, 4, 11:45:00ARAMCO NEED CUTTING
Russia, a key non-OPEC ally, has so far opposed deeper cuts or a longer extension. But Moscow has often taken a tough stance before every meeting before approving the policy. Sources said Saudi Arabia was working on convincing Russia.
2019, December, 4, 11:40:00UAE ENERGY VISION
Dr. Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, highlighted during his speech at the meeting that the vision of the UAE leadership established a long-term forward-looking vision for the future of energy and oil aiming to enhance the leading and advanced standing of the UAE in the sector. He shed light on the qualitative leap achieved by ADNOC for institutional development and modernization by the adoption of innovation and technology aims to continue to contribute to the achievement of the leadership vision by diversifying sources of income and investment in national talent and business sustainability and shaping the future.
2019, December, 4, 11:35:00UAE, SUDAN INVESTMENTS
Al Mazrouei led a UAE economic delegation comprised of government and private sectors' officials in a two-day visit to Sudan where they explored paths of cementing bilateral relations in areas of trade, investment, energy, mining, electricity, infrastructure and agriculture.
2019, December, 2, 14:20:00OIL PRICE: NEAR $62
Brent rose $1.20 to $61.69 a barrel, WTI crude added $1.05 to $56.22.
2019, December, 2, 14:00:00RUSSIA'S OIL PRODUCTION 11.244 MBD
Russia agreed to reduce its output by 228,000 bpd to about 11.18 million bpd in 2019 as part of cuts by the group of producers, known as OPEC+, which agreed to cut their combined output by 1.2 million bpd or 1.2% of global demand.
2019, December, 2, 13:35:00CHINA, QUATAR OPPORTUNITIES
With oil and gas as core of the cooperation between the two countries, China is currently eyeing new opportunities to join Qatar's upstream and downstream LNG industry in addition to plans of increasing its LNG imports from Qatar, while Chinese companies are tapping Qatar Petroleum (QP) to enter China's upstream energy industry and gain access to a 1.4 billion people market, China's Ambassador to Qatar, Zhou Jian, said at a press conference at his residence
2019, November, 29, 15:50:00OIL PRICE: NOT ABOVE $64 AGAIN
Brent were down 29 cents at $63.58 a barrel, WTI were flat at $58.11
2019, November, 29, 15:30:00GAZPROM PROFIT +3%
Profit attributable to the owners of PJSC Gazprom amounted to RUB 1,048,286 million for the nine months ended September 30, 2019, which is by RUB 31,036 million, or 3%, more than for the same period of the prior year.
2019, November, 29, 15:10:00U.S. RIGS DOWN 1 TO 802
U.S. Rig Count is down 1 rig from last week to 802, Canada Rig Count is down 11 rigs from last week to 126