Midstream
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2016, November, 1, 19:00:00
CHINA'S GASOIL RECORD
September gasoil exports surged to a record high of 1.6 million mt, or 398,197 b/d, surpassing the previous high of 1.53 million mt, or 368,840 b/d, in July, according to data from the General Administration of Customs.
On a daily average basis in barrels, exports in September were 44.4% higher year on year and up 55.4% month on month.
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2016, October, 27, 18:50:00
GAZPROM - EU AGREEMENT
The state-controlled Russian energy group will yield to EU demands on how it sells gas in Europe in order to escape a penalty for past anti-competitive behaviour. The bargain is likely to anger eastern and Baltic states that have campaigned for a tougher approach.
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2016, October, 26, 18:45:00
RUSSIA: THE LARGEST PRODUCER
Russia is the world's largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas. Russia also produces significant amounts of coal. Russia's economy is highly dependent on its hydrocarbons, and oil and natural gas revenues account for more than 40% of the federal budget revenues.
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2016, October, 24, 18:45:00
U.S. OIL PRODUCTION DOWN 8.9%
U.S. crude oil production declined 8.9 percent from year ago levels. However, at an average of 8.6 million barrels per day, domestic crude oil production in September increased by 0.8 percent from August–the first month over month increase in six months. Compared with year to date 2015, domestic crude oil production declined 6.1 percent. Compared to third quarter of 2015, crude oil production decreased 8.5 percent for the third quarter of 2016. September crude oil production was the third highest level for the month and the second highest year to date level in 31 years, since 1985.
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2016, October, 24, 18:40:00
U.S. OIL IMPORTS UP BY 528 TBD
U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or 7%, during the first half of 2016 compared to the first half of 2015. This increase reverses a multiyear trend of decreasing U.S. crude oil imports as a result of increasing U.S. production.
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2016, October, 24, 18:30:00
INDIA'S LNG IMPORTS UP 33%
For the April-September period, India’s LNG imports were 12.7bn m³, up almost by 27% on year.
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2016, October, 18, 19:00:00
IRANIAN OIL TO ASIA: 62%
Director of National Iranian Oil Company (NIOC) International Affairs has announced that 62 percent of the Iranian oil is being exported to the Asian countries and the rest to the European states.
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2016, October, 14, 18:30:00
THE FIRST KASHAGAN'S OIL
The project has been plagued by multiple delays and cost overruns. A 2008 budget estimate of $38 billion jumped to $53 billion by the end of last year as the partners replaced undersea links after sour gas cracked the pipes.
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2016, October, 13, 18:45:00
CHINA OIL IMPORTS UP
The world’s biggest energy user imported 33.06 million metric tons of crude in September, according to data released by the General Administration of Customs on Thursday. That’s about 8.08 million barrels a day. China’s net fuel exports were at 2.37 million tons last month, near the record 2.49 million in July.
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2016, October, 13, 18:40:00
GAZPROM TO AUSTRIA: UP 23.8%
In 2015, Russian gas exports to Austria rose 11.5 per cent versus 2014. From January 1 through October 10, 2016, Russian gas supplies to Austria totaled 4.18 billion cubic meters, which was 23.8 per cent higher than in the same period of 2015.
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2016, October, 11, 18:35:00
RUSSIA - TURKEY STREAM
The warming relations between NATO member Turkey and Russia comes as both countries are dealing with troubled economies and strained ties with the West.
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2016, October, 5, 18:40:00
RUSSIAN GAS: ABOVE 10 BCM
Total pipeline gas exports through Nord Stream, Yamal, and Brotherhood rose 13% month on month and 7% year on year to 10.108 Bcm in September, the highest monthly flows seen since March and the fifth-highest total recorded for a calendar month.
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2016, September, 28, 18:40:00
NIGERIAN OIL FIRE
Shell says a fire has forced it to close a key oil pipeline feeding Nigeria's strategic Bonny Export Terminal, which militants attacked last week.
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2016, September, 26, 18:40:00
SOUTHERN GAS CORRIDOR DIFFICULTIES
The $45bn complex pipeline project running from Azerbaijan to Italy and consisting of four mega projects – Shah Deniz 2, South Caucasus Pipeline expansion (SCPX), Trans-Anatolian Pipeline (Tanap), and the Trans-Adriatic Pipeline (TAP) – would be delivered and will come in under budget, eventually delivering 16-32bn m³/yr.
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2016, September, 21, 18:45:00
6 MB IRANIAN OIL FOR INDIA
India, seeking to hedge against energy security risks as it imports about 80 percent of its oil needs, is building emergency storage in vast underground caverns to hold a total of 36.87 million barrels of crude, enough to cover almost two weeks of demand.