Oil&Gas
2019, April, 8, 11:00:00
U.S. RIGS UP 19 TO 1,025
BHGE - U.S. Rig Count is up 19 rigs from last week to 1,025, with oil rigs up 15 to 831, gas rigs up 4 to 194, and miscellaneous rigs unchanged at 0.
2019, April, 5, 10:00:00
ADNOC STRATEGY 2030
Our unrelenting attention is on minimising costs, enhancing our operational efficiency, and maximising margins to ensure we thrive in the new multi-layered energy landscape.
2019, April, 5, 09:50:00
EXXON SALES NIGERIA FOR $3 BLN
Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters.
2019, April, 1, 11:15:00
LUKOIL WORKS FOR IRAQ
Mr. Abdul-Mahdi gave high appraisal of LUKOIL's operations in the country and expressed support for the intention to deliver first production at Eridu field ahead of time.
2019, April, 1, 10:50:00
SAUDIS DEBT WILL UP
Saudi Arabia plans to issue 118 billion riyals ($31.5 billion) in debt this year to help finance the national budget deficit, the country’s Debt Management Office (DMO), part of the ministry of finance, said.
2019, April, 1, 10:45:00
SAUDI ARAMCO RATING A+
Aramco generated earnings before interest, tax and depreciation (EBITDA) of $224 billion in 2018, Fitch said on Monday, surpassing ExxonMobil, the world’s largest listed oil firm.
2019, April, 1, 10:20:00
U.S. RIGS DOWN 10 TO 1,006
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,006, with oil rigs down 8 to 816, gas rigs down 2 to 190, and miscellaneous rigs unchanged at 0.Canada Rig Count is down 17 rigs from last week to 88, with oil rigs down 14 to 35 and gas rigs down 3 to 53.
2019, March, 29, 11:30:00
SAUDI ARAMCO PAYS $69.1 BLN
Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for $69.1bn.
2019, March, 29, 11:25:00
SAUDI ARAMCO, MCDERMOTT PLATFORMS
The new facility will be used for large scale fabrication of offshore platforms and onshore/offshore modules.
2019, March, 27, 12:00:00
GLOBAL ENERGY DEMAND UP 2.3%
IEA - Energy demand worldwide grew by 2.3% last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions.
2019, March, 27, 11:40:00
SAUDI ARAMCO NEED $150 BLN
Aramco’s gas expansion strategy needs $150 billion of investment over the next decade as the company plans to increase output and later become a gas exporter, Nasser had said in November.
2019, March, 25, 10:35:00
U.S. RIGS DOWN 10 TO 1,016
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,016, with oil rigs down 9 to 824 and gas rigs down 1 to 192. Canada Rig Count is down 56 rigs from last week to 105, with oil rigs down 49 to 49 and gas rigs down 7 to 56.
2019, March, 22, 10:25:00
U.S. OIL PRODUCTION 12.1 MBD
U.S set a new record for oil production at 12.1 million barrels a day (mb/d) in February, continuing America’s position as the world’s leading oil producer.
2019, March, 22, 10:20:00
U.S. OIL INVENTORIES DOWN 9.6 MB
US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.
2019, March, 22, 10:10:00
BRITAIN NEED INVESTMENT $265 BLN
Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).