2019, June, 7, 11:45:00RUSSIA, SERBIA PROJECTS
In 2018, Gazprom exported to Serbia 2.15 billion cubic meters of gas, a 1.2 per cent increase from 2017 (2.12 billion cubic meters).
2019, June, 6, 15:20:00RUSSIA, CHINA ENERGY LINKS
Over the last decade Russia and China have significantly increased their energy links, with Russia ramping up supplies of crude and gas, and attracting Chinese investment into major new energy projects.
2019, June, 6, 15:00:00RUSSIA'S LNG FOR CHINA
Moscow, 5 June 2019. Today, during the official visit of the President of the People’s Republic of China Xi Jinping to the Russian Federation, PAO NOVATEK (“NOVATEK” and/or the “Company”), Sinopec and Gazprombank signed Heads of Agreement (“Agreement”) on establishing a joint venture to market LNG and natural gas to end-customers in the People’s Republic of China.
2019, June, 6, 14:55:00U.S. OIL INVENTORIES UP 6.8 MB
US crude oil inventories for the week ended May 31, excluding the Strategic Petroleum Reserve, increased by 6.8 million bbl from the previous week, according to data from the US Energy Information Administration.
2019, June, 6, 14:45:00CYPRUS GAS EARNINGS $9 BLN
Cyprus will earn an estimated $9.3 bln over 18 years from exploiting its Aphrodite gas field under a renegotiated contract with Shell, US-based Noble and Israel?s Delek, the energy minister said
2019, June, 6, 14:40:00U.S. LNG PRICES FOR UKRAINE
The United States has strongly criticised Nord Stream 2, a 11 billion euro ($12.4 billion) project to build a gas pipeline from Russia to Germany, which opponents fear will undermine Ukraine’s gas transit revenues and increase the EU’s reliance on Russian gas.
2019, June, 5, 10:30:00RUSSIA'S OIL TO CHINA UP
This was up 8.7% month on month from April imports of 1.62 million mt, and 20.9% higher from a year earlier. About 94.5% of the Russian imports were ESPO blend, with just one cargo of 96,000-mt of Sokol.
2019, June, 5, 10:20:00VENEZUELA'S OIL DOWN AGAIN
Venezuela's exports of crude oil and refined products fell 17% in May from the previous month to 874,500 barrels per day
2019, June, 4, 15:35:00TURKEY WILL BUY IRAQ'S OIL
The State Oil Company of Azerbaijan Republic (SOCAR) is due to purchase crude oil from Iraq next month to process at the SOCAR Turkey Aegean Refinery (STAR) inaugurated in October 2018 in Izmir.
2019, June, 4, 15:25:002018 OIL PRODUCTION +1.213 MBD
Total world crude oil production increased sharply in 2018 by 1.213 million barrels/day (mb/d), or 1.6%, as compared to 2017, to reach 75.78 mb/d, marking a historical high and the highest annual growth since 2015.
2019, June, 3, 12:30:00U.S. GAS PRODUCTION UP
In March 2019, for the 23rd consecutive month, dry natural gas production increased year to year for the month. The preliminary level for dry natural gas production in March 2019 was 2,771 billion cubic feet (Bcf), or 89.4 Bcf/d. This level was 9.2 Bcf/d (11.5%) higher than the March 2018 level of 80.2 Bcf/d.
2019, June, 3, 12:20:00TOTAL BUYS U.S. LNG
The transaction, among other things, will give Total control over 2.2 million mt/year of LNG to be produced by the third train at the Freeport LNG export terminal in Texas. The facility is currently preparing to begin production from its first train, after several construction- and weather-related delays hampered the project.
2019, May, 31, 12:25:00GAZPROM'S PROFIT UP 44%
Profit attributable to owners of PJSC Gazprom amounted to RUB 535,908 million for the three months ended March 31, 2019 which is by RUB 164,285 million, or 44%, more than for the same period of the prior year.
2019, May, 30, 17:45:00BRAZIL'S OIL UP
Brazil has seen its exports of crude grow from 734,000 b/d in 2015 to 1.3 million b/d in Q1 of this year. In contrast, Mexico, which was once a powerhouse of oil production, has maintained its export status only through curtailment of domestic refining, not increased crude oil output.
2019, May, 30, 17:40:00LNG FOR AUSTRALIA
As recently as a year ago, many thought importing LNG to Australia would be irrational, but shortages are expected as soon as 2022 and there are now five import proposals on the table,