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Upstream

Upstream
2016, September, 8, 18:35:00

INTERNATIONAL RIG COUNT DOWN 200

The international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016, and down 200 from the 1,137 counted in August 2015. The international offshore rig count for August 2016 was 228, up 2 from the 226 counted in July 2016, and down 42 from the 270 counted in August 2015.

Upstream
2016, September, 8, 18:30:00

SUNCOR WANTS TO CUT

Oil sands are one of the world’s most expensive and are also among the most carbon dioxide-intensive forms of crude-oil extraction.

Upstream
2016, September, 7, 18:55:00

IRAQ SUPPORTS THE FREEZE

"Our government supported the freeze and we have to support the freeze. We have the capacity to produce more. But if the freeze is for a certain period and will stabilize the market, definitely the freeze is in our favor,"

Upstream
2016, September, 7, 18:50:00

СОТРУДНИЧЕСТВО РОССИИ И БАХРЕЙНА

Был подписан Меморандум о взаимопонимании между ПАО «Газпром» и Нефтегазовой холдинговой компанией Королевства Бахрейн «НОГА Холдинг» по расширению сотрудничества в области сжиженного природного газа.

Upstream
2016, September, 7, 18:35:00

BALANCE IS UNSTABLE

"Supply and demand are near balance, but the balance is precarious," Andy Milnes, CEO, Integrated Supply & Trading (Eastern Hemisphere), BP, told delegates.

Upstream
2016, September, 6, 18:50:00

БЫСТРЕЕ СБАЛАНСИРОВАТЬ РЫНКИ

На протяжении порядка двух лет мы наблюдаем достаточно низкие цены на нефть, что сопряжено с большими рисками в будущем, главным образом потому, что ежегодно инвестиции в отрасль сокращаются на 200-250 млрд долларов. Буквально недавно была опубликована статистика о том, что прирост запасов по результатам геологоразведочных работ был наименьшим за последние 70 лет. Это говорит о том, что в перспективе могут быть риски дефицита энергоресурсов – поэтому странам необходимо координировать свои действия, чтобы как можно быстрее сбалансировать рынки.

Upstream
2016, September, 6, 18:45:00

SAUDI & RUSSIA COOPERATION

Saudi Arabia hopes to work with Russia for stability in oil markets, Prince Mohammed bin Salman said Sunday in a meeting with the Russian president in Hangzhou, China. World leaders are gathering in China this week for a summit of Group of 20 nations. Russia and Saudi Arabia will meet with other producers in Algeria this month to discuss oil markets.

Upstream
2016, September, 5, 19:00:00

РОССИЯ И САУДОВСКАЯ АРАВИЯ ДОГОВОРИЛИСЬ

В ходе встречи Министры подчеркнули важность поддержания ведущегося между сторонами диалога по текущим изменениям на нефтяном и газовых рынках, а также выразили обоюдное стремление осуществлять дальнейшее расширение двустороннего сотрудничества в сфере энергетики. Это обусловлено тем, что в настоящее время две страны несут на себе бремя ответственности по производству более 21% от мирового потребления нефти, необходимого для обеспечения глобального экономического роста и повышения уровня жизни, а также содействующего достижению Целей развития тысячелетия.

Upstream
2016, September, 5, 18:55:00

OPEC PRODUCTION UP TO 33.7 MBD

Supplies from the Organization of Petroleum Exporting Countries rose by 120,000 barrels a day to average 33.69 million a day in August amid increases by Iran, Iraq and Kuwait, the survey of analysts, oil companies and ship-tracking data showed. The group is due to hold informal talks in three weeks in Algiers, where Russian President Vladimir Putin says an agreement can be reached to limit output.

Upstream
2016, September, 5, 18:50:00

ASIA'S OIL PRODUCTION DOWN

Asia's net oil imports surpassed the total amount of oil consumed in North America in 2015 and are set to rise after producers slashed spending on exploration and production on low oil prices, leaving oilfields at risk of sharp production declines in the next decade.

Upstream
2016, September, 5, 18:45:00

SAUDI RAISED PRICES

State-owned Saudi Arabian Oil Co., known as Aramco, increased its official selling price for Arab Light crude to Asia by 90 cents a barrel, to 20 cents below the regional benchmark, it said Sunday in an e-mailed statement. The company had been expected to raise Arab Light prices by 50 cents a barrel, to 60 cents less than the benchmark for Asian buyers, according to the median estimate in a Bloomberg survey of seven refiners and traders in the region.

Upstream
2016, September, 5, 18:30:00

U.S. RIGS UP 8

U.S. Rig Count is down 367 rigs from last year's count of 864, with oil rigs down 255, gas rigs down 114, and miscellaneous rigs up 2. Canadian Rig Count is down 50 rigs from last year's count of 187, with oil rigs down 1, and gas rigs down 49.

Upstream
2016, September, 2, 18:40:00

OIL PRICE COMPROMISE

“From the viewpoint of economic sense and logic, then it would be correct to find some sort of compromise,” Putin said in an interview in Vladivostok. “I am confident that everyone understands that. We believe that this is the right decision for world energy.”

Upstream
2016, September, 2, 18:30:00

ROSNEFT - BP - SCHLUMBERGER COOPERATION

The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia by Rosneft CEO Igor Sechin, the president of BP Russia David Campbell and Schlumberger’s regional president Gokhan Saygi.

Upstream
2016, September, 1, 18:45:00

SAUDI STABILIZES PRICES

The country is able to pump as much as 12.5 million barrels a day of oil, he said in comments broadcast during an official visit to buyers in Asia, its biggest market, including China.

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PRICES (116)
LNG (106)
OPEC (103)