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2019, February, 27, 09:45:00
OIL MARKET BALANCE
Abu Dhabi: Energy Minister Suhail Al Mazroui said the oil market is on the “right track” and that the market will quickly return to balance in the first quarter of this year.
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2019, February, 27, 09:40:00
OPEC CONTINUE CUTS
REUTERS - Based on current market data, the so-called OPEC+ group is “likely to continue with the production cuts until the end of the year”, the source told Reuters.
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2019, February, 27, 09:20:00
EXXON RESERVES UP
EXXONMOBIL - Exxon Mobil Corporation added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production.
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2019, February, 25, 12:05:00
GLOBAL LNG TRADE +11%
SHELL - Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook.
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2019, February, 25, 11:55:00
U.S. SHALE OIL WEAKNESS
REUTERS - Weak returns at U.S. shale producers could cost more executives their jobs and lead to increasing battles with activist investors, analysts said following changes at two producers.
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2019, February, 25, 11:50:00
PEMEX PRODUCTION DOWN TO 1.62 MBD
REUTERS - Mexico’s Pemex produced 1.62 million barrels of crude per day in January, less than any month in almost three decades, the state-owned oil company said on Friday, underscoring the challenges facing a government that vows to pump far more in a few years.
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2019, February, 25, 11:30:00
EXXON, MICROSOFT PARTNERSHIP
EXXONMOBIL - ExxonMobil said today a new partnership with Microsoft will make its Permian Basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies.
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2019, February, 25, 11:25:00
U.S. RIGS DOWN 4 TO 1,047
BHGE - U.S. Rig Count is down 4 rigs from last week to 1,047 rigs, with oil rigs down 4 to 853 and gas rigs unchanged at 194. Canada Rig Count is down 12 rigs from last week to 212, with oil rigs down 8 to 144 and gas rigs down 4 to 68.
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2019, February, 22, 11:30:00
SANTOS NET PROFIT $630 MLN
SANTOS - Santos reports record annual underlying profit of $727 million and record free cash flow of $1,006 million
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2019, February, 20, 11:45:00
RUSSIA, SAUDI ARABIA COOPERATION
PLATTS - Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz confirmed they are ready to continue cooperation on hydrocarbons during a phone call Tuesday, the Kremlin said in a statement.
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2019, February, 20, 11:35:00
U.S. PRODUCTION: OIL + 84 TBD, GAS + 858 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 84,000 b/d month-over-month in March from 8,314 to 8,398 thousand barrels/day , gas production to increase 858 million cubic feet/day from 77,109 to 77,967 million cubic feet/day .
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2019, February, 20, 11:30:00
ИНВЕСТИЦИИ В РУССКУЮ АРКТИКУ
МИНЭНЕРГО РОССИИ - В будущем Россия вполне сможет обеспечить значительную часть растущих мировых потребностей в нефти и газе, в том числе за счет Арктической зоны, ресурсный потенциал которой составляет более 35 млрд тонн нефти и 210 трлн м3 газа.
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2019, February, 20, 11:00:00
NORWAY'S PRODUCTION 1.8 MBD
NPD - Preliminary production figures for January 2019 show an average daily production of 1 822 000 barrels of oil, NGL and condensate, which is a decrease of 30 000 barrels per day compared to December.
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2019, February, 20, 10:55:00
NORWAY'S RESOURCES UP
NPD - The Norwegian Petroleum Directorate’s estimate for total proven and unproven petroleum resources on the Norwegian Continental Shelf is about 15.6 billion standard cubic metres of oil equivalents.
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2019, February, 20, 10:35:00
LUKOIL RESERVES 101%
LUKOIL - According to the SEC classification, the Company's proved hydrocarbon reserves totaled 15.9 billion barrels of oil equivalent, 76% of which stood for liquids. The proved reserves replacement ratio for liquids totaled 101%. In Russia, the main region of LUKOIL's operations, the replacement ratio reached 127%. The Company's proved hydrocarbon reserves life is 19 years.