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2019, May, 15, 12:05:00
OIL DEMAND GROWTH 2019: 1.3 MBD
IEA - Our headline growth estimate for 2019 has changed little since the middle of last year, but this month we cut it by 90 kb/d to a still healthy 1.3 mb/d.
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2019, May, 15, 11:52:00
U.S. ENERGY PRODUCTION UP 8%
The United States produced a record amount of energy from various sources in 2018, reaching 96 quadrillion British thermal units (quads), an 8% increase from 2017. This increase in production outpaced the 4% increase in U.S. energy consumption, which also reached a record high of 101 quads.
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2019, May, 15, 11:35:00
U.S. PRODUCTION: OIL + 83 TBD, GAS + 943 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 83,000 b/d month-over-month in June from 8,412 to 8,495 thousand barrels/day, gas production to increase 943 million cubic feet/day from 79,720 to 80,663 million cubic feet/day .
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2019, May, 15, 11:25:00
IRAN NEED 1.5 MBD
The sanctions have already more than halved Iranian oil exports to 1 million bpd or less, from a peak of 2.8 million bpd last year. Exports could drop to as low as 500,000 bpd from May, an Iranian official told Reuters this month.
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2019, May, 15, 11:10:00
ROSNEFT'S NET INCOME +61.7%
ROSNEFT - Net income growth of 61.7% YoY to RUB 131 bln
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2019, May, 15, 11:05:00
ROSNEFT'S PRODUCTION 5.9 MBD
Hydrocarbon production in Q1 2019 amounted to 5.90 mmboed (71.7 mmtoe), exceeding Q1 2018 level by 3.4%. Average daily hydrocarbon production decreased by 0.6% QoQ due to the Company’s compliance with its obligations under the OPEC+ Agreement.
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2019, May, 15, 11:00:00
LUKOIL'S PRODUCTION +4.1%
In the first quarter of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,379 thousand boe per day, which is 4.1% higher year-on-year and 0.3% higher quarter-on-quarter. The increase was mainly driven by the development of gas projects in Uzbekistan.
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2019, May, 13, 13:05:00
OPEC OIL PRODUCTION 30.26 MBD
OPEC's collective crude oil production in April held relatively steady from March, rising just 30,000 b/d to 30.26 million b/d,
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2019, May, 13, 13:00:00
RUSSIA'S OIL PRODUCTION 11.16 MBD
Russian oil production has fallen to 11.16 million barrels per day (bpd) on May 1-12 from an average of 11.23 million bpd in April
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2019, May, 13, 11:45:00
WEATHERFORD'S BANKRUPTCY
Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses, said on Friday it would file for Chapter 11 bankruptcy protection.
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2019, May, 13, 11:40:00
U.S. RIGS DOWN 2 TO 988
BHGE - U.S. Rig Count is down 2 rigs from last week to 988, with oil rigs down 2 to 805, gas rigs unchanged at 183, and miscellaneous rigs unchanged at 0. Canada Rig Count is up 2 rigs from last week to 63, with oil rigs up 5 to 22 and gas rigs down 3 to 41.
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2019, May, 8, 11:50:00
OIL PRICES 2019-20: $70 - $67
Brent spot prices will average $70/b in 2019 and $67/b in 2020, compared with an average of $71/b in 2018.
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2019, May, 8, 11:30:00
EXXON, PETROCHINA IN IRAQ: $53 BLN
Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina,
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2019, May, 8, 10:55:00
WORLDWIDE RIG COUNT DOWN 73 TO 2,140
BHGE - The worldwide rig count for April 2019 was 2,140, down 73 from the 2,213 counted in March 2019, and up 53 from the 2,087 counted in April 2018.
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2019, May, 6, 12:05:00
LNG FOR NETHERLANDS
The EU has long worked to diversify from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers. Qatar and Australia are other major LNG suppliers.