Shell oil production is expected to be between 2,775 and 2,825 thousand barrels of oil equivalent per day

U.S. Rig Count is up 14 rigs from last week to 813, Canada Rig Count is down 4 rigs from last week to 149

Gazprom, which has already invested in several oil and gas projects in Vietnam, last year signed a new agreement on the development of the Bao Vang gas field and a power station in the central part of country.

Crude oil production from the major US onshore regions is forecast to increase 30,000 b/d month-over-month in December from 9,105 to 9,135 thousand barrels/day, gas production to increase 77 million cubic feet/day from 85,521 to 85,598 million cubic feet/day .

Saudi Aramco (2222.SE) hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the state-owned oil firm’s value.

Royal Dutch Shell plc (“Shell”) announces that it has signed a $10 billion revolving credit facility. The new facility replaces Shell’s existing $8.84 billion revolving credit facility and is provided by a syndicate of 25 banks.

Weatherford International plc announced that it has completed its financial restructuring and emerged from chapter 11 protection.

U.S. Rig Count is unchanged from last week at 799, Canada Rig Count is up 15 rigs from last week to 153,

Gazprom's overall amount of investments for 2020: RUB 1,104.7 billion. Gazprom's borrowings for 2020: RUB 557.8 billion. Final investment program and budget to be approved by Gazprom Board of Directors.

The meeting participants pointed out that the events of 2019 had no tangible impact on the long-term outlook for the global energy market. Gazprom's positions will remain stable in the long run thanks to, inter alia, enormous gas reserves, well-developed production and transmission infrastructure, and the ongoing effort to diversify export areas and routes.

The Kingdom of Saudi Arabia sold 3 billion shares (excluding any exercise of the Purchase Option), equivalent to 1.5% of the Company’s share capital. Priced at the top of the indicated range, the Offering generated proceeds of SAR96.0 billion / USD25.6 billion (assuming no exercise of the Purchase Option), making it the world’s largest IPO.

Chevron Corporation announced a 2020 organic capital and exploratory spending program of $20 billion.

Oil and gas investments in Norway are expected to rise by 3.8% next year to 194.6 billion Norwegian crowns ($21.2 billion) before declining in subsequent years, an industry lobby group said on Thursday.

Norway's preliminary production figures for November 2019 show an average daily production of 2 016 000 barrels of oil, NGL and condensate, which is an increase of 235 000 barrels per day compared to October.

This would make Aramco's listing the world's largest, beating Alibaba's $25bn IPO at $25.6bn.