Midstream
2020, November, 20, 13:30:00
SAUDI ARABIA, RUSSIA OIL FOR CHINA
Saudi Arabia was catching up with Russia which has exported about 1.7 million bpd of oil to China so far in 2020, with Iraq at a third place with about 1.2 million bpd.
2020, November, 20, 13:15:00
AUSTRALIA'S LNG FOR CHINA DOWN
Australian gas exporters argue that their projects are not contingent on Chinese buyers in a growing Asian market.
2020, November, 19, 14:25:00
U.S. OIL INVENTORIES UP 0.8 MB TO 489.5 MB
U.S. commercial crude oil inventories increased by 0.8 million barrels to 489.5 million barrels
2020, November, 18, 14:20:00
U.S., S. KOREA OIL IMPORTS DOWN
South Korean refiners have sharply increased intakes of Middle East crude since May as they started to reduce imports of US grades due to expensive WTI compared with Dubai-linked Persian Gulf grades.
2020, November, 18, 14:15:00
TAP GAS PIPELINE STARTING
In December 2019, Turkey and Azerbaijan formally inaugurated the US$6.5bn Trans-Anatolian Natural Gas Pipeline (TANAP) gas interconnector.
2020, November, 18, 14:05:00
TC ENERGY, NLE INVESTMENT $1 BLN
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project.
2020, November, 17, 13:00:00
U.S. GAS INVENTORIES UP
The amount of working natural gas in storage in the United States ended the natural gas injection, or refill, season (April 1–October 31) at 3,920 billion cubic feet (Bcf),
2020, November, 16, 12:35:00
QATAR LNG WILL UP
Qatar currently has an LNG production capacity of some 77 million mt/year, but has plans to boost it to 110 million mt/year by 2025 with the addition of four more trains and to 126 million mt/year by 2027 with the addition of two further trains.
2020, November, 13, 13:20:00
U.S. OIL INVENTORIES UP 4.3 MB TO 488.7 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels to 488.7 million barrels
2020, November, 13, 13:15:00
U.S. GAS PRICES UP TO $3
the natural gas spot price at the Henry Hub reached $3.00 per million British thermal units (MMBtu), its highest value since March 2019,
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.
2020, November, 12, 13:55:00
NORD STREAM 2 SANCTIONS ANEW
Gazprom and Germany say Nord Stream 2 is purely a commercial project. Gas demand in Germany is growing as it cuts dependence on nuclear and coal power.
2020, November, 11, 14:50:00
OIL PRICES 2020-21: $40 - $47
EIA forecasts Brent crude oil prices will average $47/b in 2021.
2020, November, 11, 14:25:00
JAPAN LNG PRICES UP
The average contract price for spot LNG cargoes shipped to Japan in October rose to $6 per million British thermal units (mmBtu)
2020, November, 11, 14:20:00
IRAN PETROLEUM EXPORTS 700 TBD
Iran’s oil exports have shrunk from more than 2.5 million bpd since 2018,