N.America
![N.America](/cache/02-19/LNG-124.c771379c.jpg)
2019, February, 13, 12:00:00
U.S. LNG FOR EUROPE
PLATTS - Europe is likely to be a prime destination for US LNG cargoes well into the next decade as shipping costs make Europe preferable to Asia as a destination for US exporters, Massimo Mantovani, head of gas and LNG marketing at Italy's Eni, said Monday.
![N.America](/cache/02-19/NORD-STREAM-62.ce56ab48.jpg)
2019, February, 11, 10:25:00
NORD STREAM 2 RISKS
REUTERS - The pipeline project, which is majority owned by Russian energy giant Gazprom, plans to tap lenders this year, a spokesman for Nord Stream 2 told Reuters. He did not comment on the risk of new sanctions.
![N.America](/cache/02-19/RIG-92.7fa6838b.jpg)
2019, February, 11, 10:00:00
U.S. RIGS UP 4 TO 1,049
BHGE - U.S. Rig Count is up 4 rigs from last week to 1,049 rigs, with oil rigs up 7 to 854 and gas rigs down 3 to 195. Canada Rig Count is down 3 rigs from last week to 240, with oil rigs down 1 to 158 and gas rigs down 2 to 82.
![N.America](/cache/02-19/usa-925.78aeece7.jpg)
2019, February, 8, 11:45:00
U.S. GAS RECORD
EIA - Total estimated consumption by the power, industrial, and residential/commercial sectors and total estimated natural gas exports—by pipeline and as feedstock to liquefied natural gas (LNG) facilities—reached 145.9 billion cubic feet (Bcf) on January 30, compared with the previous record of 143.9 Bcf set in 2018.
![N.America](/cache/02-19/VENEZUELA-59.0123fa6f.jpg)
2019, February, 8, 11:35:00
U.S., VENEZUELA SANCTIONS
EIA - Recently announced U.S. sanctions directed at Venezuela’s energy sector and state oil company, Petróleos de Venezuela, S.A. (PDVSA), will essentially eliminate U.S. imports of Venezuelan crude oil as the full effects of the sanctions emerge. However, the U.S. Energy Information Administration (EIA) does not anticipate any significant decrease in U.S. refinery runs as a result of these sanctions.
![N.America](/cache/02-19/USA-920.3d33a9b9.jpg)
2019, February, 8, 11:20:00
U.S. DEFICIT $49.3 BLN
U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $49.3 billion in November, down $6.4 billion from $55.7 billion in October, revised.
![N.America](/cache/02-19/usa-926.e5ee3c4d.jpg)
2019, February, 8, 11:15:00
U.S. URANIUM PRODUCTION DOWN
EIA - U.S. production of uranium concentrate (U3O8) in the fourth quarter of 2018 was 345,425 pounds, down 35% from the third quarter of 2018 and down 45% from the fourth quarter of 2017. During the fourth quarter of 2018, U.S. uranium was produced at six U.S. uranium facilities, one fewer than in the third quarter of 2018.
![N.America](/cache/02-19/MOZAMBIQE-13.7abf01ce.jpg)
2019, February, 6, 10:30:00
MOZAMBIQUE LNG FOR CHINA
PLATTS - US-based Anadarko Petroleum has agreed to sell 1.5 million mt/year of LNG from its planned 12.9 million mt/year Mozambique LNG project to China's CNOOC for a period of 13 years.
![N.America](/cache/02-19/IMF-8.9f0b672f.jpg)
2019, February, 6, 10:25:00
IMF: GLOBAL DEBT
IMF - Global debt has reached an all-time high of $184 trillion in nominal terms, the equivalent of 225 percent of GDP in 2017. On average, the world’s debt now exceeds $86,000 in per capita terms, which is more than 2½ times the average income per-capita.
![N.America](/cache/02-19/usa-916.38494c89.jpg)
2019, February, 4, 09:30:00
U.S. UNEMPLOYMENT UP TO 4%
U.S. BLS - Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent, the U.S. Bureau of Labor Statistics
reported. Job gains occurred in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing.
![N.America](/cache/02-19/WIND-1.2a2eb915.jpg)
2019, February, 4, 09:25:00
CANADA'S WINDPOWER UP
WINDPOWER - Canada’s wind energy industry further expanded its installed capacity in 2018, while solidifying its status as the lowest-cost source of new electricity generation. Newly commissioned projects brought total national wind energy capacity to close to 13,000 MW, according to new year-end findings from the Canadian Wind Energy Association (CanWEA).
![N.America](/cache/02-19/RIG-89.d45f360a.jpg)
2019, February, 4, 09:15:00
U.S. RIGS DOWN 14 TO 1,045
BHGE - U.S. Rig Count is down 14 rigs from last week to 1,045 rigs, with oil rigs down 15 to 847 and gas rigs up 1 to 198. Canada Rig Count is up 11 rigs from last week to 243, with oil rigs up 13 to 159 and gas rigs down 2 to 84.
![N.America](/cache/01-19/PRICE-054.8e952a53.jpg)
2019, February, 1, 11:35:00
OIL MARKET IS CALM
PLATTS- Russian energy minister Alexander Novak said Wednesday that he does not currently see a need to take any extra measures or call for an extra meeting by the OPEC/non-OPEC group over the crisis in Venezuela. "We haven't discussed the situation with [Saudi energy] minister Falih, or other ministers," Novak told reporters. "The markets are currently calm ... and the volatility is insignificant. So there is no need for the extra meeting of OPEC+, at least the Russian side thinks so."
![N.America](/cache/01-19/VENEZUELA-58.129d62da.jpg)
2019, February, 1, 11:30:00
U.S. LOOSE VENEZUELA'S OIL 500 TBD
PLATTS- US refiners cannot rely on Mexico to replace Venezuelan heavy oil imports as the country is battling to reverse its declining production and Pemex's oil is sold under contractual basis, analysts and others say.
![N.America](/cache/01-19/USA-912.c1a95472.jpg)
2019, February, 1, 11:25:00
U.S. OIL PRODUCTION 11.9 MBD
U.S. EIA - U.S. crude oil production rose to a new high of 11.9 million barrels per day in November, up 345,000 bpd from the previous month,