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2018, November, 14, 11:25:00
ENI, ADNOC CONCESSION
ADNOC - ADNOC signs First Hail, Ghasha and Dalma Ultra-Sour Gas Concession with Italy’s Eni
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2018, November, 14, 11:20:00
ENI SELLS IN EGYPT
ENI - Eni sells to Mubadala Petroleum a 20% stake in the Nour North Sinai Offshore concession in Egypt
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2018, November, 12, 12:25:00
CONFORMITY LEVEL 104%
OPEC - In advance of the scheduled meetings in December 2018, the JMMC directed the JTC to continue closely monitoring oil market conditions and further refine the scenario analysis based on updated data, with regard to options on new 2019 production adjustments, which may require new strategies to balance the market.
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2018, November, 12, 12:15:00
SAUDIS CUTS OIL
PLATTS - Saudi Arabia expects to cut its oil exports next month but emerging signs of a crude glut in the US are not an indication that the global oil market is currently oversupplied, the kingdom's energy minister Khalid al-Falih said Sunday, attributing a two-week slide in oil prices to trader overreaction.
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2018, November, 12, 12:10:00
OIL PRICES WILL UP
CNBC - "In the 2020's we are going to have a clear physical shortage of oil because nobody is allowed to fully invest in future oil production," Michele Della Vigna, Head of EMEA Natural Resources Research at Goldman Sachs told CNBC Friday.
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2018, November, 12, 12:05:00
TOTAL & ADNOC: 40%
PLATTS - Abu Dhabi's state-owned oil company, ADNOC, said Sunday it signed a deal with Total, granting the French major a 40% stake in the Ruwais Diyab unconventional gas concession.
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2018, November, 12, 12:00:00
TOTAL'S INVESTMENT TO ANGOLA: $16 BLN
THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.
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2018, November, 12, 11:40:00
U.S. RIGS UP 14 TO 1,081
BHGE - U.S. Rig Count is up 14 rigs from last week to 1,081, with oil rigs up 12 to 886 and gas rigs up 2 to 195. Canada Rig Count is down 2 rigs from last week to 196, with oil rigs down 4 to 117 and gas rigs up 2 to 79.
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2018, November, 9, 15:35:00
SAUDIS OIL RECORD: 10.67 MBD
PLATTS - Saudi Arabia pumped 10.67 million b/d in the month, its most in the 30-year history of the Platts OPEC survey, while key ally the UAE also set an all-time high at 3.17 million b/d. Libya produced its most since June 2013 at 1.10 million b/d.
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2018, November, 9, 15:20:00
GLOBAL OIL INVENTORIES WILL UP
U.S. EIA - Global inventories are projected to increase and put downward pressure on crude oil prices.
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2018, November, 9, 14:40:00
WORLDWIDE RIG COUNT UP 13 TO 2,271
BHGE - The worldwide rig count for October 2018 was 2,271, up 13 from the 2,258 counted in September 2018, and up 194 from the 2,077 counted in October 2017.
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2018, November, 7, 11:10:00
ROSNEFT'S PRODUCTION 5.83 MBD
ROSNEFT - Q3 2018 AVERAGE DAILY HYDROCARBON PRODUCTION REACHED 5.83 MMBOE, DEMONSTRATING A 2.1% GROWTH VS. Q2 2018 LEVEL
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2018, November, 7, 10:40:00
VARCO BUYS $500 MLN
NOV VARCO - National Oilwell Varco, Inc. (NYSE: NOV) announced that its Board of Directors has authorized a share repurchase program to purchase up to $500 million of the Company's outstanding common stock.
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2018, November, 5, 12:20:00
RUSSIA'S OIL PRODUCTION 11.4 MBD
BLOOMBERG - Russia’s crude and condensate output averaged 11.412 million barrels a day last month, according to data from the Energy Ministry’s CDU-TEK unit released Friday. That’s about 160,000 barrels a day more than two years ago, before Russia agreed to cut supply with OPEC. It’s a post-Soviet record, and not far off the highest-ever output.
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2018, November, 5, 11:50:00
ADNOC'S CAPEX $132 BLN
MEOG - ADNOC plans $132bn Capex until 2023, gas self-sufficiency and oil production capacity of 4mn bpd in 2020