Oil
2018, October, 31, 13:10:00
IRAN - CHINA SPECIAL CONDITIONS
PLATTS - China's Sinopec is in discussions with government authorities and suppliers regarding its Iranian crude imports and is trying to make special arrangements on the flow in the coming weeks, an executive said during the company's third quarter results briefing call
2018, October, 31, 12:55:00
BP PROFIT $3.9 BLN
BP - For the third quarter, underlying RC profit was $3,838 million, compared with $1,865 million in 2017. Underlying RC profit is after adjusting RC profit for a net charge for non-operating items of $649 million and net adverse fair value accounting effects of $98 million (both on a post-tax basis). RC profit was $3,091 million for the third quarter, compared with $1,379 million in 2017.
2018, October, 31, 12:50:00
ANADARKO NET INCOME $363 MLN
ANADARKO - Anadarko Petroleum Corporation (NYSE: APC) announced 2018 third‑quarter results, reporting net income attributable to common stockholders of $363 million, or $0.72 per share (diluted).
2018, October, 31, 12:45:00
KAZMUNAIGAS IPO: $6.5 BLN
FT - Kazakhstan’s state-run oil and gas company KazMunaiGas is finalising plans for an initial public offering that could raise as much as $6.5bn, in what could be central Asia’s largest ever stock market listing.
2018, October, 31, 12:40:00
BHGE NET INCOME $13 MLN
BHGE - Orders of $5.7 billion for the quarter, down 5% sequentially and flat year-over-year. Revenue of $5.7 billion for the quarter, up 2% sequentially and up 7% year-over-year. GAAP operating income of $282 million for the quarter, increased $204 million sequentially and increased $475 million year-over-year.
2018, October, 29, 12:55:00
OIL PRICE: NEAR $77
REUTERS - Front-month Brent crude oil futures LCOc1 were trading down 46 cents, or 0.6 percent, at $77.16 a barrel at 0745 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $67.19 a barrel, down 40 cents, or 0.6 percent.
2018, October, 29, 12:45:00
OPEC: CONFORMITY LEVEL 111%
OPEC - The JMMC noted that countries participating in the ‘Declaration of Cooperation’ achieved a conformity level of 111% in September 2018, which shows significant progress towards the goal set at the 4th OPEC and non-OPEC Ministerial Meeting of 23 June 2018.
2018, October, 29, 12:40:00
RUSSIA: NO REASON OIL FREESE
REUTERS - Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit.
2018, October, 29, 12:35:00
СОТРУДНИЧЕСТВО БОЛГАРИИ И РОССИИ
МИНЭНЕРГО РОССИИ - В газовой сфере сотрудничество России и Болгарии насчитывает более 40 лет, поставки ведутся с 1974 года. За это время в страну поставлено около 167 млрд куб. м российского природного газа. В прошлом 2017 году Россия поставила Болгарии 3,3 млрд куб. м.
2018, October, 29, 12:10:00
WINTERSHALL IPO
PLATTS - In September 27, 2018, BASF signed a transaction agreement with LetterOne to merge their respective oil and gas businesses, Wintershall and DEA, into a joint venture.
2018, October, 29, 12:05:00
PEMEX NET INCOME 27 BLN PESOS
PEMEX - Upon comparing the results of this quarter with the same quarter for the previous year, the following items stand out: (i) total sales increased by 33%; (ii) operation yield recorded a significant improvement of 83% and currently at 54 billion pesos; and (iii) the company recorded a net income of 27 billion pesos, compared to losses of 102 billion pesos recorded the previous year.
2018, October, 26, 13:00:00
OIL PRICE: NOT ABOVE $77
REUTERS - Brent crude oil LCOc1 was down 70 cents at $76.19 per barrel by 0740 GMT, on course for a weekly loss of more than 4 percent. It has fallen by close to $10 in the last three weeks. U.S. crude CLc1 was 70 cents lower at $66.63, set for a 3.5 percent loss this week.
2018, October, 26, 12:30:00
UPSTREAM NEEDS INVESTMENT
OGJ - Spending on worldwide oil and gas developments needs to increase by about 20% to meet future demand growth and ensure companies sustain production over the next decade,
2018, October, 26, 12:20:00
CONOCO EARNINGS $1.9 BLN
CONOCOPHILLIPS - ConocoPhillips (NYSE: COP) reported third-quarter 2018 earnings of $1.9 billion, or $1.59 per share, compared with third-quarter 2017 earnings of $0.4 billion, or $0.34 per share. Excluding special items, third-quarter 2018 adjusted earnings were $1.6 billion, or $1.36 per share, compared with third-quarter 2017 adjusted earnings of $0.2 billion, or $0.16 per share. Special items for the current quarter were primarily for amounts recognized from the PDVSA arbitration settlement, partially offset by unrealized losses on Cenovus Energy equity.
2018, October, 26, 12:15:00
EQUINOR NET INCOME $1,666 MLN
EQUINOR - Equinor reports adjusted earnings of USD 4.8 billion and USD 2.0 billion after tax in the third quarter of 2018. IFRS net operating income was USD 4.6 billion and the IFRS net income was USD 1.7 billion.