N.America
![N.America](/cache/08-19/koch-7.f3dc864b.jpg)
2019, August, 26, 15:15:00
KOCH HAS DIED
David Koch, the industrialist and libertarian who used his fortune to transform American politics while also donating more than $1 billion to philanthropic causes, has died. He was 79.
![N.America](/cache/08-19/usa-050.0ce53eec.jpg)
2019, August, 26, 15:10:00
U.S. COAL DOWN
Moody's has lowered the outlook for the North American coal industry to negative from stable, the rating agency says in a new report.
![N.America](/cache/08-19/RIG-122.a0030e3d.jpg)
2019, August, 26, 15:00:00
U.S. RIGS DOWN 19 TO 916
U.S. Rig Count is down 19 rigs from last week to 916, with oil rigs down 16 to 754, gas rigs down 3 to 162, and miscellaneous rigs unchanged at 0. U.S. Rig Count is down 19 rigs from last week to 916, with oil rigs down 16 to 754, gas rigs down 3 to 162, and miscellaneous rigs unchanged at 0.
![N.America](/cache/08-19/HORMUZ-12.deb0edbc.jpg)
2019, August, 23, 11:05:00
U.S., UK, AUSTRALIA CAN CLOSE HORMUZ
Foremost among the areas to be patrolled is the Strait of Hormuz, between Oman and Iran, through which about one-fifth of the world’s seaborne crude flows out of the Gulf.
![N.America](/cache/08-19/VENEZUELA-77.32a49a7c.jpg)
2019, August, 23, 10:50:00
ROSNEFT SALES VENEZUELA'S OIL
Rosneft, which produces around five percent of the world’s oil, is now taking care of shipping and marketing operations for the bulk of Venezuelan oil exports, ensuring that PDVSA can continue to supply buyers.
![N.America](/cache/08-19/lng-185.1fcaf9a7.jpg)
2019, August, 23, 10:30:00
THE NEW CANADA'S LNG
Woodfibre LNG, a subsidiary of Singapore-based Pacific Oil and Gas Ltd., is finalizing its engineering, procurement and construction contract, which company president David Keane expects to sign “at the end of the summer or shortly thereafter” before construction begins on the LNG export facility in Squamish, British Columbia.
![N.America](/cache/08-19/VIETNAM-25.60f5c23c.jpg)
2019, August, 23, 10:25:00
U.S. WANT VIETNAM OIL AND GAS
U.S. energy firms had interests in the South China Sea and Washington was “committed to bolstering the energy security of our partners and allies in the Indo-Pacific region and in ensuring uninterrupted regional oil and gas production for the global market.”U.S. warships have conducted periodic “freedom of navigation” operations in the South China Sea to challenge China’s claim to nearly all of the strategic waterway.
![N.America](/cache/08-19/usa-048.a42cacc7.jpg)
2019, August, 21, 12:30:00
U.S. OIL, GAS PRODUCTION UP
U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals combined established a new production record.
![N.America](/cache/08-19/USA-046.f819f61b.jpg)
2019, August, 21, 12:25:00
U.S. LNG EXPORTS UP
U.S. LNG exports set new records in June and July 2019 at 4.8 Bcf/d and 5.2 Bcf/d, respectively,
![N.America](/cache/08-19/USA-045.f4f950fc.jpg)
2019, August, 19, 11:40:00
U.S. PETROLEUM DEMAND 20.8 MBD
Total U.S. petroleum demand averaged 20.8 million barrels per day (mb/d) in July 2019, which represented a 0.9% year-over-year increase and the highest demand for the month since 2005,
![N.America](/cache/08-19/usa-043.33f0ec39.jpg)
2019, August, 19, 11:25:00
U.S. SECURITIES ACQUISITIONS $1.7 BLN
The sum total in June of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $1.7 billion. Of this, net foreign private inflows were $6.1 billion, and net foreign official outflows were $4.5 billion.
![N.America](/cache/08-19/RIG-121.a5141f36.jpg)
2019, August, 19, 11:15:00
U.S. RIGS UP 1 TO 935
U.S. Rig Count is up 1 rig from last week to 935, with oil rigs up 6 to 770, gas rigs down 4 to 165, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 2 rigs from last week to 142, with oil rigs up 7 to 101 and gas rigs down 5 to 41.
![N.America](/cache/08-19/SANCTIONS-46.64c1fbe6.jpg)
2019, August, 16, 10:35:00
U.S., RUSSIA SANCTIONS AGAIN
The US is set to impose sanctions on Rosneft if it continues to trade crude oil and fuel with Venezuela's PDVSA in exchange for debt repayments and stakes in joint venture projects in the South American nation,
![N.America](/cache/08-19/USA-039.df4f10e3.jpg)
2019, August, 16, 10:25:00
U.S. GAS PRODUCTION UP
U.S. natural gas production continued to increase in August despite relatively low natural gas spot prices
![N.America](/cache/08-19/usa-038.96f93c17.jpg)
2019, August, 16, 10:20:00
U.S. OIL INVENTORIES 440.5 MLN BBL
At 440.5 million bbl, US crude oil inventories are 3% above the 5-year average for this time of year