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Upstream

Upstream
2019, April, 8, 11:55:00
RUSSIA'S ARCTIC ENERGY UP
No project better symbolizes Russia ambitions in the Arctic than Yamal LNG. The project cost $27 billion to construct, excluding the adjacent infrastructure paid for by the Russian Federation.
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2019, April, 8, 11:40:00
OPEC'S OIL PRODUCTION DOWN 570 TBD
PLATTS - OPEC in March tightened the oil market considerably, slashing 570,000 b/d from its February output level, as Saudi Arabia continued to implement production cuts and Venezuela suffered from extensive power outages on top of US sanctions, an S&P Global Platts survey found.
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2019, April, 8, 11:00:00
U.S. RIGS UP 19 TO 1,025
BHGE - U.S. Rig Count is up 19 rigs from last week to 1,025, with oil rigs up 15 to 831, gas rigs up 4 to 194, and miscellaneous rigs unchanged at 0.
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2019, April, 1, 11:15:00
LUKOIL WORKS FOR IRAQ
Mr. Abdul-Mahdi gave high appraisal of LUKOIL's operations in the country and expressed support for the intention to deliver first production at Eridu field ahead of time.
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2019, April, 1, 11:10:00
U.S. GAS PRODUCTION UP 13.7%
U.S. EIA - In January 2019, for the 21st consecutive month, dry natural gas production increased year to year for the month. The preliminary level for dry natural gas production in January 2019 was 2,746 billion cubic feet (Bcf), or 88.6 Bcf/d. This level was 10.7 Bcf/d (13.7%) higher than the January 2018 level of 77.9 Bcf/d.
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2019, April, 1, 10:20:00
U.S. RIGS DOWN 10 TO 1,006
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,006, with oil rigs down 8 to 816, gas rigs down 2 to 190, and miscellaneous rigs unchanged at 0.Canada Rig Count is down 17 rigs from last week to 88, with oil rigs down 14 to 35 and gas rigs down 3 to 53.
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2019, March, 29, 11:25:00
SAUDI ARAMCO, MCDERMOTT PLATFORMS
The new facility will be used for large scale fabrication of offshore platforms and onshore/offshore modules.
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2019, March, 27, 11:50:00
SAUDI'S OIL FOR CHINA UP 28.5%
China's crude oil imports from Saudi Arabia surged 28.5% year on year to 1.56 million b/d in February, surpassing Russia to become the top crude supplier in the month, latest data from the General Administration of Customs showed.
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2019, March, 27, 11:45:00
VENEZUELA'S OIL FOR CHINA WILL DOWN
PetroChina Ltd, the listed subsidiary of state-owned CNPC, expects its crude imports from Venezuela to drop by about a third to around 10 million mt (about 186,000 b/d) in 2019 from 15 million mt in 2018, a senior executive said
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2019, March, 27, 11:40:00
SAUDI ARAMCO NEED $150 BLN
Aramco’s gas expansion strategy needs $150 billion of investment over the next decade as the company plans to increase output and later become a gas exporter, Nasser had said in November.
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2019, March, 25, 11:35:00
OPEC SUPPORTS STABILITY
The JMMC reiterated the critical role that the “Declaration of Cooperation” has played in supporting oil market stability since December 2016 and took note of the expressed commitment of all participating countries to ensure that such stability continues on a sustainable basis, as overall conformity reached almost 90% for the month of February 2019, which is up from 83% in the month of January.
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2019, March, 25, 11:10:00
TANZANIA'S LNG $30 BLN
Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.
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2019, March, 25, 10:35:00
U.S. RIGS DOWN 10 TO 1,016
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,016, with oil rigs down 9 to 824 and gas rigs down 1 to 192. Canada Rig Count is down 56 rigs from last week to 105, with oil rigs down 49 to 49 and gas rigs down 7 to 56.
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2019, March, 22, 10:40:00
START OF KHARASAVEYSKOE FIELD
Full-scale development of Kharasaveyskoye field starts in Yamal Peninsula
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2019, March, 22, 10:25:00
U.S. OIL PRODUCTION 12.1 MBD
U.S set a new record for oil production at 12.1 million barrels a day (mb/d) in February, continuing America’s position as the world’s leading oil producer.