2020, May, 28, 11:40:00CHEVRON WILL CUT 6,000 EMPLOYEES
Chevron’s cuts equate to about 6,000 of its 45,000 non-gas station employees. It’s “streamlining our organizational structures to reflect the efficiencies and match projected activity levels,” the San Ramon, California-based company said Wednesday in a statement. “This is a difficult decision, and we do not make it lightly.”
2020, May, 28, 11:10:00BLOCKCHAIN FOR ENERGY
Blockchain’s primary value is providing mathematical proof about the state of data, so that different parties to a transaction can agree on the outcome even if they do not know or trust each other.
2020, May, 27, 11:55:00U.S. GAS CONSUMPTION WILL DOWN
U.S. domestic consumption of natural gas in 2020 will fall 3.4 billion cubic feet per day (Bcf/d)
2020, May, 27, 11:50:00U.S. LNG DOWN
U.S. liquefied natural gas exports are down
2020, May, 27, 11:35:00CHEVRON NET INCOME $3.6 BLN
Chevron Corporation (NYSE: CVX) reported earnings of $3.6 billion ($1.93 per share - diluted) for first quarter 2020,
2020, May, 26, 10:40:00U.S. SHALE OIL LOSS $26 BLN
The biggest independent shale oil groups in the US reported a record combined loss of $26bn in the first quarter
2020, May, 26, 10:35:00U.S. OFFSHORE DRILLING PROBLEM
A U.S. ban on new offshore drilling in the Gulf of Mexico
2020, May, 26, 10:15:00TC ENERGY SELLS $2.1 BLN
TC Energy Corporation has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project
2020, May, 25, 12:45:00U.S. ENERGY MARKET DOWN
Oil markets are being significantly disrupted due to global market dynamics and the coronavirus pandemic, the oil price crash was "causing financial and credit challenges, including oil company bankruptcies."
2020, May, 25, 12:15:00U.S. RIGS DOWN 21 TO 318
U.S. Rig Count is down 21 rigs from last week to 318, Canada Rig Count is down 2 rigs from last week to 21
2020, May, 22, 13:10:00OIL & GAS: THE RETURN OF EQUITY 6%
The return on equity for energy companies and U.S. manufacturing decreased to 6% and 13%, respectively, in 2019
2020, May, 22, 13:05:00U.S. UNEMPLOYMENT 38.6 MLN
Last week’s filings lifted the number of people who filed claims for unemployment benefits to about 38.6 million since March 21.
2020, May, 22, 12:50:00U.S. LNG CANCELED
The July cancellations, roughly double what was reported for June, represent nearly two-thirds the average volume of US LNG that was produced monthly when the coronavirus began to spread globally in January,
2020, May, 22, 12:35:00U.S., RUSSIA URANIUM
A bipartisan group of US Senators has called for the Department of Commerce (DOC) to extend the Russian Suspension Agreement (RSA), as recommended by the Nuclear Fuel Working Group (NFWG).
2020, May, 21, 12:45:00U.S. OIL INVENTORIES DOWN BY 5 MB TO 526.5 MB
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.0 million barrels from the previous week. At 526.5 million barrels, U.S. crude oil inventories are about 10% above the five year average for this time of year.