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Upstream

Upstream
2016, August, 22, 18:35:00
KCA DEUTAG LOSS $47.2 MLN
During the period we continued to focus on improving our efficiency and pro-actively restructured some of our central functions and have reduced costs in those areas where business activity reduced. As a result margins were higher than both Q1, 2016 and Q2, 2015.
Upstream
2016, August, 22, 18:30:00
U.S. RIGS UP 10
U.S. Rig Count is up 10 rigs from last week to 491, with oil rigs up 10 to 406, gas rigs unchanged at 83, and miscellaneous rigs unchanged at 2. Canadian Rig Count is down 5 rigs from last week to 121, with oil rigs unchanged at 65, gas rigs down 4 to 56, and miscellaneous rigs down 1 to 0.
Upstream
2016, August, 19, 18:30:00
NIGERIAN OIL UP
Nigeria's crude oil production disruptions are concentrated in the Niger Delta region, an oil-rich area bordering the Gulf of Guinea that is the mainstay of the country's crude oil production. Since the beginning of 2016, the Niger Delta Avengers (NDA) have conducted many attacks on oil and natural gas infrastructure throughout the region. Although not the only militant group conducting attacks in the region, the NDA is currently the most active.
Upstream
2016, August, 18, 18:45:00
THE LARGEST NORWEGIAN OIL
Oil Production was 1 728 000 barrels, and is the largest monthly oil production volume in five years (March 2011). Total gas sales were 9.1 billion Sm3 (GSm3), which is an increase of 0.9 GSM3 from the previous month.
Upstream
2016, August, 18, 18:35:00
CASPIAN OIL UP
The Russian government has issued the license for the Central Oil and Gas Company – a joint venture between Lukoil (25%), Gazprom (25%) and Kazakhstan’s KazMunaiGaz (50% ) – to develop the Central field.
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2016, August, 16, 18:45:00
GAS PRODUCTION 2040: 554 BCFD
Natural gas production worldwide is projected to increase from 342 billion cubic feet per day (Bcf/d) in 2015 to 554 Bcf/d by 2040.
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2016, August, 16, 18:40:00
U.S. OIL PRODUCTION DOWN 85 TBD
U.S. oil production down 85 tbd, gas production down 373 mcfd.
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2016, August, 15, 19:00:00
RUSSIA - SAUDI TALKS
"With regard to the cooperation with Saudi Arabia, the dialogue between our two countries is developing in a tangible way, whether in the framework of a multi-party structure or on a bilateral level," Novak was quoted as saying.
Upstream
2016, August, 15, 18:40:00
AUSTRALIAN LNG UP TO 2%
Australia’s LNG exports rose by 2% last month following a worldwide rise in demand for the product.
Upstream
2016, August, 15, 18:35:00
ENI SELLS ZOHR
Eni owns the whole of Zohr and has said it is interested in bringing in partners as part of its strategy of selling some of its prize acreage to help meet a target of raising 5 billion euros from asset disposal over the next two years.
Upstream
2016, August, 15, 18:30:00
U.S. RIGS UP 17
U.S. Rig Count is up 17 rigs from last week to 481, with oil rigs up 15 to 396, gas rigs up 2 to 83, and miscellaneous unchanged at 2. Canadian Rig Count is up 4 rigs from last week to 126, with oil rigs up 5 to 65, gas rigs unchanged at 60, and miscellaneous rigs down 1 to 1.
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2016, August, 12, 18:30:00
PETROVIETNAM'S REVENUE $11.3 BLN
The group exploited 10.32 million tons of crude oil and 6.56 billion cubic metres of gas in the first seven months.
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2016, August, 11, 18:35:00
SAUDI - IRAN COMPETITION
Saudi Arabia, the world’s largest crude exporter, told OPEC that it boosted oil output to a record 10.67 million barrels a day in July, two people with knowledge of the data said. Iran’s output is up to 3.85 million barrels a day, Fars news agency reported, citing Oil Minister Bijan Namdar Zanganeh.
Upstream
2016, August, 11, 18:30:00
IRAN NEED $50 BLN
The government hopes foreign companies will invest as much as $50 billion a year in Iran’s oil industry. Major European oil companies such as Italy’s Eni SpA and France’s Total SA have expressed an interest in developing Iran’s oil and gas fields.
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2016, August, 10, 18:50:00
SAUDI'S OIL PRODUCTION: 10.67 MBD
Saudi Arabia’s increased crude output comes as Russia and Iran are boosting shipments to top demand markets such as India and China. Iran boosted crude output to 3.85 million barrels a day and plans to keep boosting production to 4.6 million barrels in five years, Fars news agency reported Wednesday, citing comments made by Oil Minister Bijan Namdar Zanganeh at parliament.