2019, September, 30, 14:50:00U.S. RIGS DOWN 8 TO 860
U.S. Rig Count is down 8 rigs from last week to 860, with oil rigs down 6 to 713, gas rigs down 2 to 146, and miscellaneous rigs unchanged at 1. Canada Rig Count is up 8 rigs from last week to 127, with oil rigs up 6 to 88 and gas rigs up 2 to 39.
2019, September, 27, 13:35:00RUSSIA SANCTIONS ANEW
Treasury imposed sanctions on Moscow-based Maritime Assistance LLC, which it called a front company for Russian shipping company, Sovfracht, which has been subject to US sanctions since September 2016 for operating in Crimea. Russia annexed Crimea from Ukraine in March 2014, a move which is not recognized by most of the international community.
2019, September, 27, 13:20:00LNG FOR S.KOREA: $9.6 BLN
South Korea’s state-run Korea Gas Corp. signed a deal to import an additional US$9.6 billion worth of liquefied natural gas (LNG) from the United States for up to 18 years, in line with efforts to expand ties with the world’s top economy in the energy segment, Seoul’s trade ministry said
2019, September, 27, 13:10:00U.S. GDP UP 2.0%
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019, according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.
2019, September, 26, 13:55:00COALITION FOR HOPE
“I should like to invite all the countries directly affected by the developments in the Persian Gulf and the Strait of Hormuz to the Coalition for Hope meaning Hormuz Peace Endeavor,” stated President Rouhani.
2019, September, 26, 13:45:00U.S. OIL INVENTORIES UP 2.4 MB TO 419.5 MB
At 419.5 million barrels, U.S. crude oil inventories are at the five year average for this time of year
2019, September, 26, 13:40:00U.S., CHINA SANCTIONS
Analysts have said the Trump administration remains unlikely to sanction a major Chinese entity, even as imports of Iranian crude continue, due to the impact on the global economy if the trade dispute between the two nations drags on.
2019, September, 25, 15:05:00WORLD ENERGY CONSUMPTION WILL UP BY 50%
the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. Most of this growth comes from countries that are not in the Organization for Economic Cooperation and Development (OECD), and this growth is focused in regions where strong economic growth is driving demand, particularly in Asia.
2019, September, 25, 15:00:00IRAN'S ECONOMY NETWORK
To circumvent U.S. banking and financial sanctions, Iran’s rulers have built up a network of traders, companies, exchange offices, and money collectors in different countries,
2019, September, 25, 14:55:00VENEZUELA, CUBA SANCTIONS
Though trade between Venezuela and Cuba has not ceased amid sanctions, the flow of PDVSA’s oil has been insufficient to keep the Communist-ruled island well-supplied. Cubans have faced long lines at gas stations and for public transportation amid lack of vessels to receive imports.
2019, September, 25, 14:50:00U.S. SOLAR INVESTMENT $87 BLN
The U.S. solar energy industry will add an additional 113,000 jobs and generate $87 billion in investment over the next decade if U.S. lawmakers extend the sector’s key tax credit, a report published on Tuesday said.
2019, September, 24, 17:50:00INDIA'S INVESTMENT TO U.S. LNG $2.5 BLN
Petronet LNG Ltd, India's biggest liquefied natural gas importer, has signed a preliminary deal to buy a stake in Tellurian Inc's proposed Driftwood project in Louisiana and import 5 million tonnes a year of LNG.
2019, September, 23, 14:00:00U.S. PETROLEUM DEMAND 21.5 MBD
Total U.S. petroleum demand of 21.5 mb/d was highest for any month since August 2005; Improved infrastructure helped increase supply and lower prices; Highest U.S. petroleum exports (8.1 mb/d) for the month of August; and Total inventories increased year-on-year for the ninth consecutive month.
2019, September, 23, 13:40:00U.S. RIGS DOWN 18 TO 868
U.S. Rig Count is down 18 rigs from last week to 868, with oil rigs down 14 to 719, gas rigs down 5 to 148, and miscellaneous rigs up 1 to 1. Canada Rig Count is down 15 rigs from last week to 119, with oil rigs down 11 to 82 and gas rigs down 4 to 37.
2019, September, 20, 15:20:00U.S. WIND ENERGY UP
The U.S. Energy Information Administration (EIA) expects that U.S. wind capacity additions in both 2019 and in 2020 will be near the annual record level of additions set in 2012.