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.

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.

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019,

BHGE - U.S. Rig Count is down 1 rig from last week to 990, with oil rigs up 2 to 807, gas rigs down 3 to 183, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 2 rigs from last week to 61, with oil rigs down 2 to 17 and gas rigs unchanged at 44.

В рамках ОПЕК+ Россия к концу апреля вышла на уровень сокращения добычи нефти в 229 тбс без учета СРП и 223 тбс с учетом СРП. Об этом рассказал Министр энергетики Российской Федерации Александр Новак.

OPEC is due to meet in June, where the Iran question will no doubt be raised. But oil and gas leaders are taking a cautious approach, with Kuwait's oil minister Khaled Al Fadhel noting that a decision would be taken only after a review of oil prices.

Asked whether Iran’s oil could be removed from the market, Mr. Barkindo said: “No repetition is needed. Eliminating Iran from the oil market is impossible.”

Baker Hughes, a GE company Announces First Quarter 2019 Results Orders of $5.7 billion for the quarter, down 17% sequentially and up 9% year-over-year Revenue of $5.6 billion for the quarter, down 10% sequentially and up 4% year-over-year

BHGE - U.S. Rig Count is down 21 rigs from last week to 991, with oil rigs down 20 to 805, gas rigs down 1 to 186, and miscellaneous rigs unchanged at 0. Canada Rig Count is down 3 rigs from last week to 63, with oil rigs unchanged at 19 and gas rigs down 3 to 44.

In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February,

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, forecast in its MENA Annual Energy Investment Outlook 2019 that current and planned energy investments in the region add up to $1trn for the next five years.

"Cooperation will continue between Russia and Saudi Arabia," Ibrahim al-Muhanna said at the International Oil Summit in Paris, stressing that "it is the core of OPEC+ cooperation."

Russian oil production was around 11.24 million barrels per day (bpd) between April 1 and April 18,

Boosting heavy crude output is a major part of the country's 2040 oil production strategy. Kuwait plans to increase overall oil production capacity to 4.75mbpd by 2040, up from its current capacity of 3.15mbpd.

ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.