2017, November, 13, 10:30:00VIETNAM & U.S. UNDESTANDING
Vietnamese and U.S. companies on Sunday signed memorandums of understanding on gas development, automobiles, as well as aircraft engine purchase and support during U.S. President Donald Trump’s visit to Vietnam.
2017, November, 13, 10:00:00U.S. RIGS UP 9 TO 907
U.S. Rig Count is up 339 rigs from last year's count of 568, with oil rigs up 286, gas rigs up 54, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 27 rigs from last year's count of 176, with oil rigs up 19 and gas rigs up 8.
2017, November, 9, 13:35:00U.S. - CHINA LNG
China’s top state oil major Sinopec, one of the country’s top banks and its sovereign wealth fund have agreed to help develop Alaska’s liquefied natural gas sector as part of U.S. President Donald Trump’s visit, the U.S. government said on Thursday. The agreement will involve investment of up to $43 billion, create up to 12,000 U.S. jobs during construction, reduce the trade deficit between the United States and Asia by $10 billion a year, and give China clean energy.
2017, November, 8, 11:12:00TESCO NET LOSS $38.8 MLN
TESCO reported a U.S. GAAP net loss of $13.0 million, or $(0.28) per share, in the third quarter of 2017. Adjusted net loss for the quarter was $9.2 million, or $(0.20) per share, excluding special items, consisting primarily of charges related to restructuring and transaction costs. Restructuring costs were mainly for facility consolidation and headcount reductions in Latin America. This compares to a U.S. GAAP net loss of $12.1 million, or $(0.26) per diluted share, in the second quarter of 2017, and a U.S. GAAP net loss of $22.1 million, or (0.48) per diluted share, in the third quarter of 2016. Adjusted net loss in the second quarter of 2017 was $11.6 million, or $(0.25) per diluted share, and in the third quarter of 2016 was $17.3 million, or $(0.37) per diluted share.
2017, November, 7, 12:20:00U.S. DEFICIT $43.5 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.5 billion in September, up $0.7 billion from $42.8 billion in August, revised. September exports were $196.8 billion, $2.1 billion more than August exports. September imports were $240.3 billion, $2.8 billion more than August imports.
2017, November, 7, 12:05:00U.S. RIGS DOWN 11 TO 898
U.S. Rig Count is up 329 rigs from last year's count of 569, with oil rigs up 279, gas rigs up 52, and miscellaneous rigs down 2 to 2. Canada Rig Count is up 38 rigs from last year's count of 154, with oil rigs up 24 and gas rigs up 14.
2017, November, 3, 12:10:00U.S. FEDERAL FUNDS RATE 1 - 1.25%
In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at 1 to 1-1/4 percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation.
2017, October, 30, 11:35:00U.S. GDP UP 3%
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the third quarter of 2017, according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent.
2017, October, 30, 11:10:00PEMEX PRODUCTION DOWN 18%
Reuters - Mexican national oil company Pemex reported on Friday that September crude production fell 18 percent from the same month last year, marking three consecutive months with oil output coming in below 2 million barrels per day.
2017, October, 30, 11:05:00U.S. OIL LOSERS
ExxonMobil and Chevron, the two largest US oil and gas groups, are continuing to lose money on oil and gas production in their home country, in spite of the rise in commodity prices since last year.
2017, October, 30, 11:00:00U.S. RIGS DOWN 4 TO 909
U.S. Rig Count is up 352 rigs from last year's count of 557, with oil rigs up 296, gas rigs up 58, and miscellaneous rigs down 2 to 0. Canada Rig Count is up 38 rigs from last year's count of 153, with oil rigs up 23 and gas rigs up 15.
2017, October, 16, 11:55:00U.S. ECONOMY UP
Economic activity in the United States has been growing moderately so far this year, and the labor market has continued to strengthen. The terrible hurricanes that hit Texas, Florida, Puerto Rico, and our neighbors in the Caribbean caused tremendous damage and upended many lives, and our hearts go out to those affected. While the effects of the hurricanes on the U.S. economy are quite noticeable in the short term, history suggests that the longer-term effects will be modest and that aggregate economic activity will recover quickly.
2017, October, 16, 11:30:00U.S. RIGS DOWN 8 TO 928
U.S. Rig Count is up 389 rigs from last year's count of 539, with oil rigs up 311, gas rigs up 80, and miscellaneous rigs down 2 to 2. Canada Rig Count is up 47 rigs from last year's count of 165, with oil rigs up 22 and gas rigs up 25.
2017, October, 14, 18:38:00U.S. NUCLEAR POWER HELPS
REUTERS - “If we lose our supply chain, if we lose our intellectual chain of supply of bright scientists because we basically pushed the nuclear industry back, then we’re going to lose our role as a leader when it comes to nuclear energy in the world,” Perry said.
2017, October, 13, 12:50:00U.S. OIL FOR ASIA
A fresh wave of North American crude cargoes could reach the Far East in the coming months, with an estimated 6 million barrels or more of light sweet US grades loading in November expected to find a home in Asia as regional end-users step up efforts to find cheaper feedstocks amid sustained strength in the Middle Eastern crude complex, Asian trade sources said.