Oil&Gas
2020, June, 15, 13:05:00
CANADA'S OIL & GAS LOANS UP
“[Fossil] energy loans at the country’s six largest lenders jumped 23% to C$71.6 billion in their fiscal second quarter from the prior period,” Bloomberg reports, citing the banks’ financial disclosures. “Toronto-Dominion Bank had the largest increase at 29%, while Bank of Nova Scotia remained the biggest lender, with $21.6 billion in loans.”
2020, June, 15, 13:00:00
U.S. RIGS DOWN 5 TO 279
U.S. Rig Count is down 5 rigs from last week to 279, Canada Rig Count is unchanged from last week at 21
2020, June, 10, 12:20:00
BP CUTTING 10,000 JOBS, $3 BLN
BP will begin a process of cutting 10,000 jobs following the end of a three-month redundancy freeze that started in March.
2020, June, 8, 13:30:00
ДОХОДЫ РОССИИ МИНУС 145,5 МЛРД.РУБ.
Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета прогнозируется в июне 2020 года в размере - 145,5 млрд руб.
2020, June, 8, 13:20:00
GLOBAL ENERGY INVESTMENT WILL DOWN $400 BLN
The spread of the Covid-19 pandemic has upended these expectations, and 2020 is now set to see the largest decline in energy investment on record, a reduction of one-fifth – or almost USD 400 billion – in capital spending compared with 2019.
2020, June, 8, 12:50:00
LUKOIL NET LOSS RUB 46 BLN
In the first quarter of 2020, LUKOIL booked a loss attributable to shareholders in the amount of RUB 46.0 bln.
2020, June, 8, 12:45:00
WORLDWIDE RIG COUNT DOWN 338 TO 1,176
The worldwide rig count for May 2020 was 1,176, down 338 from the 1,514 counted in April 2020
2020, June, 8, 12:40:00
U.S. RIGS DOWN 17 TO 284
U.S. Rig Count is down 17 rigs from last week to 284, Canada Rig Count is up 1 rig from last week to 21
2020, June, 5, 12:15:00
NORWAY CUT INVESTMENT
Oil companies, including Norway’s state-controlled Equinor, have said they intend to reduce both operating and capital spending in order to preserve cash during the downturn.
2020, June, 3, 12:40:00
BRAZIL'S PETROLEUM PRODUCTION 3.7 MBD
Companies operating in Brazil pumped 3.738 million b/d of oil equivalent in April
2020, June, 2, 15:00:00
CHINA'S ENERGY DEMAND UP
The recent rebound in domestic oil and gas consumption may be difficult to sustain over the rest of the year, as recent data for the China's economy suggests an uneven and difficult road to recovery that could weigh on energy demand.
2020, June, 1, 09:45:00
U.S. RIGS DOWN 17 TO 301
U.S. Rig Count is down 17 rigs from last week to 301, Canada Rig Count is down 1 rig from last week to 20
2020, May, 28, 11:50:00
CHINA'S ENERGY IEFFICIENCY UP
China energy intensity, which measures the amount of energy needed to generate one unit of GDP, decreased by 2.6% in 2019,
2020, May, 28, 11:40:00
CHEVRON WILL CUT 6,000 EMPLOYEES
Chevron’s cuts equate to about 6,000 of its 45,000 non-gas station employees. It’s “streamlining our organizational structures to reflect the efficiencies and match projected activity levels,” the San Ramon, California-based company said Wednesday in a statement. “This is a difficult decision, and we do not make it lightly.”
2020, May, 28, 11:35:00
MALAYSIA'S PETRONAS WILL CUT INVESTMENT
Petronas plans to reduce its capital expenditures by 21% and its operating costs by 12% in 2020