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Oil&Gas

Oil&Gas
2019, March, 11, 11:00:00
WORLDWIDE RIG COUNT UP 41 TO 2,306
BHGE - The worldwide rig count for February 2019 was 2,306, up 41 from the 2,265 counted in January 2019, and up 135 from the 2,171 counted in February 2018.
Oil&Gas
2019, March, 11, 10:55:00
U.S. RIGS DOWN 11 TO 1,027
BHGE - U.S. Rig Count is down 11 rigs from last week to 1,027 rigs, with oil rigs down 9 to 834 and gas rigs down 2 to 193. Canada Rig Count is down 22 rigs from last week to 189, with oil rigs down 22 to 118 and gas rigs unchanged at 71.
Oil&Gas
2019, March, 6, 11:25:00
LUKOIL'S PROFIT +48%
LUKOIL - In 2018, profit attributable to shareholders amounted to RUB 619.2 bln, 47.8% higher year-on-year. The growth was constrained by higher DD&A due to the launch of new production facilities.
Oil&Gas
2019, March, 4, 10:40:00
U.S. RIGS DOWN 9 TO 1,038
BHGE - U.S. Rig Count is up 57 rigs from last year's count of 981, with oil rigs up 43 and gas rigs up 14. Canada Rig Count is down 91 rigs from last year's count of 302, with oil rigs down 71 and gas rigs down 20.
Oil&Gas
2019, March, 1, 12:10:00
OIL PRICES 2019-20: ABOVE $60
Brent crude oil spot prices averaged $59 per barrel (b) in January, up $2/b from December 2018 but $10/b lower than the average in January of last year.
Oil&Gas
2019, March, 1, 12:05:00
FIVE OIL&GAS AREAS
MEOG - Saudi Aramco CEO Amin Nasser gave a speech at London Petroleum Week about the oil and gas industry's future--or, rather its perceived lack of a future. He addressed what he called a "worrying and growing belief among policy makers and regulators, investment houses, NGOs, and many others that we are an industry with little or no future."
Oil&Gas
2019, March, 1, 11:15:00
REPSOL'S NET INCOME €2.341 BLN
Repsol posted net income of 2.341 billion euros in 2018, a 10% increase from the 2.121 billion earned in 2017 and the highest in eight years. This was achieved with average Brent oil prices at 71 dollars per barrel last year, compared with more than 111 dollars in 2011.
Oil&Gas
2019, February, 27, 09:35:00
GLOBAL OIL FOR PEOPLE
“Our industry has made a pivotal and sustained contribution to the global economy and people’s lives, around the world, day after day for over a century. Two billion more people today have access to ample, affordable, and reliable sources of energy than even just a generation ago,”
Oil&Gas
2019, February, 27, 09:20:00
EXXON RESERVES UP
EXXONMOBIL - Exxon Mobil Corporation added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production.
Oil&Gas
2019, February, 27, 09:00:00
STAFF CHANGES AT GAZPROM
GAZPROM - The corresponding decisions on the termination of membership in the Gazprom Management Committee will be adopted by the Company’s Board of Directors.
Oil&Gas
2019, February, 25, 11:55:00
U.S. SHALE OIL WEAKNESS
REUTERS - Weak returns at U.S. shale producers could cost more executives their jobs and lead to increasing battles with activist investors, analysts said following changes at two producers.
Oil&Gas
2019, February, 25, 11:40:00
ARAMCO - NORINCO AGREEMENT $10 BLN
OGJ - Saudi Aramco has signed a $10-billion agreement to form a joint venture with China North Industries Group Corp. (Norinco) and Panjin Sincen to develop a fully integrated, grassroots refining and petrochemical complex in Panjin, in China’s Liaoning province.
Oil&Gas
2019, February, 25, 11:35:00
ADNOC INVESTMENT AGREEMENT $4 BLN
MEOG - The Abu Dhabi National Oil Company (ADNOC) has signed a multi-billion-dollar midstream pipeline infrastructure partnership with KKR and BlackRock. Through a newly formed entity, ADNOC Oil Pipelines, ADNOC will lease its interest in 18 pipelines for a 23-year period. ADNOC received upfront proceeds of $4bn from the transaction, which is expected to close in Q3 2019.
Oil&Gas
2019, February, 25, 11:30:00
EXXON, MICROSOFT PARTNERSHIP
EXXONMOBIL - ExxonMobil said today a new partnership with Microsoft will make its Permian Basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies.
Oil&Gas
2019, February, 25, 11:25:00
U.S. RIGS DOWN 4 TO 1,047
BHGE - U.S. Rig Count is down 4 rigs from last week to 1,047 rigs, with oil rigs down 4 to 853 and gas rigs unchanged at 194. Canada Rig Count is down 12 rigs from last week to 212, with oil rigs down 8 to 144 and gas rigs down 4 to 68.