Oil&Gas
2020, March, 17, 13:15:00
EXXON REDUCE SPENDING
ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases,
2020, March, 16, 10:00:00
U.S. RIGS DOWN 1 TO 792
U.S. Rig Count is down 1 rig from last week to 792, Canada Rig Count is down 28 rigs from last week to 175
2020, March, 12, 13:05:00
OIL PRICES 2020-21: $43-$55
EIA forecasts Brent crude oil prices will average $43/b in 2020, down from an average of $64/b in 2019. For 2020, EIA expects prices will average $37/b during the second quarter and then rise to $42/b during the second half of the year. EIA forecasts that average Brent prices will rise to an average of $55/b in 2021, as declining global oil inventories put upward pressure on prices.
2020, March, 12, 12:35:00
NORWAY'S FEBRUARY PETROLEUM PRODUCTION 2.1 MBD
Norway's preliminary production figures for February 2020 show an average daily production of 2 106 000 barrels of oil, NGL and condensate,
2020, March, 11, 11:50:00
LUKOIL PROFIT UP 3.4%
In 2019, profit attributable to PJSC LUKOIL shareholders amounted to RUB 640.2 bln, 3.4% higher year-on-year. The growth was constrained by higher depreciation and lower non-cash foreign exchange gain.
2020, March, 9, 14:25:00
WORLDWIDE RIG COUNT UP 52 TO 2,125
The worldwide rig count for February 2020 was 2,125, up 52 from the 2,073 counted in January 2020, and down 181 from the 2,306 counted in February 2019.
2020, March, 9, 14:20:00
U.S. RIGS UP 3 TO 793
U.S. Rig Count is up 3 rigs from last week to 793, Canada Rig Count is down 37 rigs from last week to 203.
2020, March, 6, 12:05:00
EXXON INVESTMENT LEVEL $33 BLN
ExxonMobil is planning capital expenditures of between $30 billion to $35 billion annually through 2025, consistent with previous guidance. For 2020, the company anticipates an investment level of up to $33 billion, depending on the progress of individual projects.
2020, March, 2, 12:30:00
ROSNEFT'S NET INCOME $11 BLN
Net income attributable to Rosneft shareholders $10.9 bln
2020, March, 2, 12:25:00
ROSNEFT'S PRODUCTION 5.79 MBD
2019 AVERAGE DAILY HYDROCARBON PRODUCTION AMOUNTED TO 5.79 MMBOE, WHILE AVERAGE DAILY LIQUIDS PRODUCTION WAS AT 4.67 MMBBL, THE INDICATORS REMAINED AT 2018 LEVEL
2020, March, 2, 12:05:00
U.S. RIGS DOWN 1 TO 790
U.S. Rig Count is down 1 rig from last week to 790, Canada Rig Count is down 4 rigs from last week to 240
2020, February, 26, 10:30:00
GLOBAL ENERGY DEMAND +20%: 2040
Global energy demand rises by 20 percent; market demand trends differ for OECD and non-OECD
2020, February, 24, 10:35:00
RUSSIA'S ANTARCTIC OIL GAS POTENTIAL
Unlike the Arctic, which is open to hydrocarbon exploration, the Antarctic's mineral resources, including oil and gas, are protected by amendments to the 1959 Antarctic Treaty, to which Russia is a signatory.
2020, February, 24, 09:55:00
U.S. RIGS UP 1 TO 791
U.S. Rig Count is up 1 rig from last week to 791, Canada Rig Count is down 11 rigs from last week to 244