2019, April, 26, 11:22:00MULTI TRILLION DOLLAR ENERGY MARKET
Most of the systems in the U.S. were constructed in the 50s and 60s and they had a life expectancy of 50 years. Today, almost all operate at maximum capacity and they are all stretched to the limit. With population growth, spiraling demand, changes in power generation and mandates for the use of clean and renewable energy sources, change must come quickly.
2019, April, 26, 10:25:00OCCIDENTAL, ANADARKO MERGER $57 BLN
Occidental Petroleum made a new $57 billion offer for Anadarko
2019, April, 26, 10:20:00ANADARKO NET LOSS $15 MLN
Anadarko Petroleum Corporation (NYSE: APC) announced 2019 first‑quarter results, reporting a net loss attributable to common stockholders of $15 million, or $0.03 per share (diluted).
2019, April, 26, 10:10:00NOV VARCO NET LOSS $77 MLN
National Oilwell Varco, Inc. (NYSE: NOV) reported first quarter 2019 revenues of $1.94 billion, a decrease of 19 percent compared to the fourth quarter of 2018 and an increase of eight percent from the first quarter of 2018.
2019, April, 24, 11:30:00OIL MARKET IS FINE
The International Energy Agency is monitoring developments in global oil markets, and notes that markets are now adequately supplied, and that global spare production capacity remains at comfortable levels.
2019, April, 24, 11:25:00OIL PRICE: OPEC + IRAN
OPEC is due to meet in June, where the Iran question will no doubt be raised. But oil and gas leaders are taking a cautious approach, with Kuwait's oil minister Khaled Al Fadhel noting that a decision would be taken only after a review of oil prices.
2019, April, 24, 11:20:00OIL PRICE: OPEC + RUSSIA
the risk of oil prices heading well above $70/b to the oil market and the global economy, while also saying that if prices were too low it would hit investment in the industry and key oil producing countries.
2019, April, 24, 11:15:00CHINA AGAINST IRAN SANCTIONS
China is resolutely opposed to the United States enforcing unilateral sanctions or “long armed jurisdiction”, Geng Shuang, a ministry spokesman, told a daily news briefing.
2019, April, 24, 11:00:00U.S., IRAN SANCTIONS
Oil futures settled at fresh six-month highs Monday as the market looked at an increasingly tight global supply picture in light of the White House decision. ICE June Brent settled up $2.07/b at $74.04/b, and NYMEX May WTI settled $1.70/b higher at $65.70/b. Monday marked the highest front-month settle for both contracts since late October, just before the US sanctions snapped back.
2019, April, 24, 10:30:00CLEAN HYDROGEN ENERGY
Green hydrogen can in principle be shipped around the world to places that are less well endowed with cheap renewable energy sources.
2019, April, 19, 09:40:00U.S. OIL PRODUCTION 12.1 MBD
the U.S. sustained its position as the world’s leading oil producer, continuing a pace of 12.1 million barrels a day (mb/d), matching February 2019. In addition, petroleum demand in March was the strongest for that month in more than a decade at 20.7 mb/d.
2019, April, 19, 09:30:00TURKEY, US ENERGY COOPERATION
Alparslan Bayraktar, deputy minister of energy and natural resources, stated that there is great potential for the natural gas market between Turkey and the U.S., in an address at the 37th Annual Conference on Turkey-U.S. Relations organized by the Turkey-U.S. Business Council (TAİK) and the American Turkish Council (ATC) in the U.S. capital Washington, D.C.
2019, April, 19, 09:25:00AUSTRALIA'S LNG PRODUCTION UP 11%
Australia's largest gas producer, Woodside, Thursday said LNG production from its three facilities rose 11% year on year in the January-March quarter, and maintained its 2019 production guidance.
2019, April, 19, 09:20:00U.S. NUCLEAR SECURITY
The US Department of Commerce (DOC) on 15 April submitted to the White House the results of an investigation into the effects of uranium imports on US national security. US President Donald Trump now has up to 90 days to decide whether to act on the DOC's findings and recommendations, which have not been made public.
2019, April, 19, 09:10:00UAE GDP WILL UP 4.7%
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.