Downstream
2021, January, 22, 11:20:00
U.S. GAS PRICES WILL UP
The annual natural gas spot price at the Henry Hub will rise 98¢ per million British thermal units (MMBtu) to average $3.01/MMBtu in 2021.
2021, January, 20, 14:30:00
TURKEY GAS CONSUMPTION RECORD
Natural gas consumption countrywide increased both due to the rapidly falling temperatures and a rise in household gas consumption with time spent at home increased due to COVID-19 pandemic restrictions and lockdowns.
2021, January, 19, 13:50:00
EU GAS MARKETS ARE CHANGING
The European Commission is planning to issue new proposals for gas legislation in the last quarter of 2021. EU gas markets are on the cusp of dramatic changes.
2021, January, 18, 13:00:00
CHINA OIL THROUGHPUT UP
On a metric tons basis, the December throughput went up 2.8% from November and 2.1% from a year ago to 60 million mt.
2021, January, 14, 14:10:00
RUSSIA'S ELECTRICITY CONSUMPTION DOWN
Electricity consumption in the Unified Energy System (UES) of Russia decreased by 2.4% in 2020.
2021, January, 13, 13:50:00
OIL PRICES 2021-22: $53
Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022 compared with an average of $42/b in 2020.
2021, January, 8, 15:35:00
CHINA'S GAS DEMAND WILL UP
Chinese natural gas demand to reach 360 Bcm in 2021, up 8.4% from an estimated 332 Bcm in 2020. It was at 313 Bcm in 2019.
2020, December, 15, 14:20:00
GLOBAL OIL DEMAND DOWN 9.77 MBD
World oil demand for 2020 is expected to decline by 9.77 mb/d,
2020, December, 14, 12:45:00
INDIA'S FUEL DEMAND UP
Consumption of refined fuels, a proxy for oil demand, in November rose 0.4% from the previous month to 17.83 million tonnes
2020, December, 2, 14:20:00
POLAND'S RENEWABLE INVESTMENT $37 BLN
Poland's PKN Orlen said in a press release that its transformation path until 2030 revolves around renewable energy and advanced petrochemicals.
2020, December, 1, 13:20:00
U.S. GAS PRODUCTION DOWN ANEW
The preliminary level for dry natural gas production in September 2020 was 2,678 billion cubic feet (Bcf), or 89.3 Bcf/d. This level was 5.4 Bcf/d (-5.7%) lower than the September 2019 level of 94.7 Bcf/d.
2020, November, 25, 11:40:00
LUKOIL PROFIT RUB 50.4 BLN
In the third quarter of 2020, profit attributable to shareholders amounted to RUB 50.4 bln as compared to a loss of RUB 18.7 bln in the previous quarter.
2020, November, 13, 12:45:00
ROSNEFT NET LOSS RUB 177 BLN
In 9M 2020 negative Net income was RUB -177 bln (USD -2.1 bln). The reduction compared to 9M 2019 was a result of the negative effect of price fluctuations due to COVID-19 pandemic as well as the negative effect of non-monetary factors.
2020, November, 13, 12:40:00
ROSNEFT PRODUCTION 4.19 MBD
Brent fell 34 cents, or 0.8%, to $43.46 a barrel. WTI fell 30 cents, or 0.7%, to $41.15 a barrel.
2020, November, 12, 14:10:00
GLOBAL OIL DEMAND UPDOWN
The global oil demand forecast for 2020 is revised down by 0.3 mb/d. For 2021, oil demand growth is expected to grow by 6.2 mb/d, y-o-y, representing a downward revision of 0.3 mb/d compared to last month’s assessment.
