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Oil&Gas

Oil&Gas
2018, December, 29, 13:55:00
IMF FOR ANGOLA: $3.7 BLN
IMF - The oil endowment allowed Angola to rebuild critical infrastructure, and progress has also been achieved in reducing poverty. Still, much remains to be done to reduce the economy’s dependence on oil and its vulnerability to oil price fluctuations so that enough resources can be made available to improve living standards for all the Angolan people.
Oil&Gas
2018, December, 29, 13:50:00
PETROBRAS OIL DOWN
PLATTS - Brazilian state-led oil company Petrobras registered a 1.4% month-on-month slide in domestic crude oil output in November as ongoing maintenance work at offshore floating production units offset fresh flows from new wells.
Oil&Gas
2018, December, 29, 13:45:00
U.S. RIGS UP 3 TO 1,083
BHGE - U.S. Rig Count is up 3 rigs from last week to 1,083, with oil rigs up 2 to 885 and gas rigs up 1 to 198. Canada Rig Count is down 61 rigs from last week to 70, with oil rigs down 43 to 15 and gas rigs down 18 to 55.
Oil&Gas
2018, December, 27, 17:40:00
RUSSIA SANCTIONS FOREVER
PLATTS - The US has long opposed the Nord Stream expansion, arguing that Europe should not be so dependent on Moscow for energy. The government has recently been touting US LNG exports as an alternative to Russian gas, in addition to supporting the Southern Gas Corridor from the Caspian region to the EU.
Oil&Gas
2018, December, 27, 17:35:00
GAZPROM'S INVESTMENT RUB 1,325.724 BLN
GAZPROM - Pursuant to the investment program for 2019, the overall amount of investments will stand at RUB 1,325.724 billion, with RUB 963.019 billion intended for capital investments, RUB 151.505 billion for the acquisition of non-current assets, and RUB 211.2 billion for long-term financial investments.
Oil&Gas
2018, December, 27, 17:30:00
PEMEX PRODUCTION DOWN
PLATTS - The downward trend in output from Mexico's state oil company Pemex continued in November as oil and gas production fell 2.7% and 2.3% respectively, from the previous month, company data showed Wednesday.
Oil&Gas
2018, December, 26, 07:35:00
MARKET WILL BE BALANCED
REUTERS - “I think that during the first half, due to joint efforts, which were confirmed by the OPEC and non-OPEC countries this December, the situation will be more stable, more balanced,” Novak said in an interview on Rossiya-24 TV.
Oil&Gas
2018, December, 24, 12:00:00
U.S. PRIMARY ENERGY PRODUCTION 8.0 QUADRILLION BTU
U.S. EIA - U.S. primary energy production totaled 8.0 quadrillion British thermal units (Btu), a 10% increase compared with September 2017.
Oil&Gas
2018, December, 24, 11:55:00
U.S. OIL CAPEX DOWN
PLATTS - Three aggressive independent Permian Basin upstream operators released capital budgets for 2019 in the last few days that are lower than either prior expectations or actual 2018 spending by at least 12% to 15%, as corporate executives attributed reduced activity to the recent plunge in oil prices.
Oil&Gas
2018, December, 24, 11:30:00
UAE HELP PAKISTAN $3 BLN
AN - The United Arab Emirates plans to deposit $3 billion in Pakistan's central bank "in the next few days", the UAE state news agency WAM reported on Friday, while a Pakistani official said Islamabad also hopes it will allow deferred payments for oil supplies.
Oil&Gas
2018, December, 24, 11:15:00
U.S. RIGS UP 9 TO 1,080
BHGE - U.S. Rig Count is up 9 rigs from last week to 1,080, with oil rigs up 10 to 883 and gas rigs down 1 to 197. Canada Rig Count is down 43 rigs from last week to 131, with oil rigs down 37 to 58 and gas rigs down 6 to 73.
Oil&Gas
2018, December, 21, 14:25:00
U.S. OIL PRODUCTION 11.6 MBD
API - The U.S. produced a record 11.6 million barrels of oil per day (mb/d) and a record 4.8 mb/d of NGLs in November. Crude exports also hit a record high at 2.4 million barrels per day last month, and U.S. petroleum net imports fell at their lowest monthly level in more than 50 years at 2.2 million barrels per day.
Oil&Gas
2018, December, 21, 14:20:00
U.S. PRODUCTION: OIL + 134 TBD, GAS + 1,127 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 134,000 b/d month-over-month in January from 8,032 to 8,166 thousand barrels/day , gas production to increase 1,127 million cubic feet/day from 75,789 to 76,916 million cubic feet/day .
Oil&Gas
2018, December, 21, 14:05:00
NORWAY'S PETROLEUM PRODUCTION 1.9 MBD AGAIN
NPD - Preliminary production figures for November 2018 show an average daily production of 1 880 000 barrels of oil, NGL and condensate, which is an increase of 22 000 barrels per day compared to October.
Oil&Gas
2018, December, 17, 10:40:00
KING SALMAN ENERGY PARK: $6 BLN
MEOG - King Salman Energy Park (SPARK), a 50sqkm "energy city megaproject" in Saudi Arabia, is one of the Kingdom's most impressive endeavours into localisation so far. Once operational, it is expected to generate 100,000 direct and indirect jobs and should contribute $6bn to Saudi Arabia's GDP annually.