Upstream
2020, October, 26, 14:00:00
U.S. SHALE SURVIVORS
The sector is in full-on merger mode in response to oil prices that have been stuck at around $40 a barrel in recent months after the Covid-19 pandemic hit global demand.
2020, October, 26, 13:55:00
SHAKY OIL MARKET
Saudi Energy Minister Prince Abdulaziz bin Salman, who has warned his counterparts of the market's shaky footing and the need to be proactive on production policy, could very well welcome any lobbying by the Trump administration, if global oil demand prospects do not improve.
2020, October, 26, 13:50:00
CHINA NEED GAS
CNOOC’s hydrocarbon output increased from 475 mboe in 2018 to 506.5 mboe in 2019 (+6.6%).
2020, October, 26, 13:20:00
U.S. RIGS UP 5 TO 287
U.S. Rig Count is up 5 from last week to 287, Canada Rig Count is up 3 from last week to 83,
2020, October, 23, 16:15:00
OIL PRICE: ABOVE $42 ANEW
Brent rose 20 cents, or 0.5%, to $42.66 a barrel, WTI added 15 cents, or 0.4%, to $40.79.
2020, October, 23, 16:10:00
МЕНЬШЕ РУССКОЙ НЕФТИ
Добыча нефти в этом году, как ожидается, снизится примерно на 10%, до уровня 507 млн тонн при плане 558-560 млн тонн изначально.
2020, October, 22, 15:20:00
OIL PRICE: NEAR $42
Brent were up 43 cents at $42.16 a barrel, WTI ticked up 44 cents to $40.47 a barrel.
2020, October, 22, 15:10:00
U.S. OIL INVENTORIES DOWN BY 1.0 MB TO 488.1 MB
U.S. commercial crude oil inventoriesdecreased by 1.0 million barrels to 488.1 million barrels.
2020, October, 22, 14:50:00
IRANIAN GAS: WITHOUT INDIA
Farzad-B gas field was discovered by a consortium of three Indian companies ONGC, Oil India Limited and Indian Oil Corporation in 2008 in the Farsi offshore block of the Persian Gulf. Tehran and New Delhi have since negotiated the terms of the field’s development for years.
2020, October, 22, 14:40:00
PIONEER, PARSLEY ACQUISITION $7.6 BLN
US shale producer Pioneer Natural Resources has entered into a definitive agreement to acquire its peer Parsley Energy
2020, October, 22, 14:35:00
AUSTRALIA'S SANTOS PRODUCTION: +22%
Third quarter production of 25.1 mmboe was a record for Santos and 22% higher than the prior quarter
2020, October, 21, 17:10:00
OIL PRICE: ABOVE $42
Brent were at $42.44 a barrel, WTI slipped 73 cents, or 1.75%, to $40.97.
2020, October, 21, 16:35:00
BAKER HUGHES NET LOSS $170 MLN
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results today for the third quarter of 2020.
2020, October, 20, 15:45:00
OIL PRICE: NOT ABOVE $43 AGAIN
Brent were trading flat at $42.62 a barrel, WTI rose 5 cents, or 0.1%, to $40.88.
2020, October, 20, 15:40:00
OPEC+ AGREEMENT 102%
The Committee reviewed the crude oil production data for the month of September 2020 and welcomed the positive performance in the overall conformity level for participating OPEC and non-OPEC Countries, at 102 per cent,