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Regions

Regions
2017, July, 24, 13:55:00
OIL OUTPUT CONSENSUS
With prices still languishing below the $55-$60/b that some ministers have said they are targeting, some market watchers say OPEC and its non-OPEC partners have no choice but to deepen cuts to make up for output gains from exempt Nigeria and Libya, as well as sliding compliance from other members.
Regions
2017, July, 24, 13:50:00
RUSSIA SANCTIONS AGAIN
"The legislation, if enacted, is a big political win for members of Congress who want to take a strong stance on Russia," Elizabeth Rosenberg, a senior fellow and director of the energy, economics and security program at the Center for a New American Security, said Sunday. "It will rearrange the way the global energy industry does business with Russia and significantly increase the risk around dealings with Russia."
Regions
2017, July, 24, 13:45:00
RUSSIA IS THE TOP
Russia was China's biggest crude oil supplier for a fourth straight month in June, its longest streak ever in the top spot, data from the General Administration of Customs showed on Monday.
Regions
2017, July, 24, 13:40:00
SAUDI'S GDP GROWTH: ZERO
Non-oil growth is projected to pick up to 1.7 percent in 2017, but overall real GDP growth is expected to be close to zero as oil GDP declines in line with Saudi Arabia’s commitments under the OPEC+ agreement.
Regions
2017, July, 24, 13:30:00
U.S. RIGS DOWN 2 TO 950
U.S. Rig Count is up 488 rigs from last year's count of 462, with oil rigs up 393, gas rigs up 98, and miscellaneous rigs down 3 to 0. Canadian Rig Count is up 104 rigs from last year's count of 102, with oil rigs up 70, gas rigs up 35, and miscellaneous rigs down 1 to 0.
Regions
2017, July, 21, 09:15:00
U.S. OIL PRICE: $45
Fitch Ratings anticipates most investment-grade and 'BB' category U.S. E&P companies will see minimal ratings changes in a steady $45 per barrel environment as the realization of further production efficiency gains and lower costs per barrel of oil equivalent (boe) should contribute to resilient margins and cash flow.
Regions
2017, July, 21, 09:10:00
U.S. OIL PRODUCTION: 9.3 MBD
EIA forecasts that total U.S. crude oil production will average 9.3 million barrels per day (b/d) in 2017, up 0.5 million b/d from 2016. In 2018, crude oil production is expected to reach an average of 9.9 million b/d, which would surpass the previous record of 9.6 million b/d set in 1970.
Regions
2017, July, 21, 09:05:00
СОТРУДНИЧЕСТВО РОССИИ И НИДЕРЛАНДОВ
Особое внимание было уделено текущему статусу и перспективам реализации совместных проектов в нефтегазовой сфере, области возобновляемых источников энергии и развитию научно-технического сотрудничества в ТЭК.
Regions
2017, July, 21, 09:00:00
AUSTRALIAN LNG UP
Australia's LNG exports in fiscal 2017-2018 (July-June) will be 63 million mt, after it crossed, for the first time, 50 million mt in fiscal 2016-2017, energy consultancy EnergyQuest said in its forecast on Wednesday.
Regions
2017, July, 21, 08:55:00
INDIAN OIL GIANT: $4.6 BLN
The move fulfills a plan, first outlined in February, to create an Indian oil giant through consolidation and mergers, forming a company comparable with international rivals that could weather crude-price volatility.
Regions
2017, July, 21, 08:50:00
CHINA'S RENEWABLE UP
CHINA’S installed solar power capacity surged over the first half year amid shrinking costs and government policies. Over the first six months, 23.6 gigawatts of solar power were installed, 34.2 percent higher from a year ago, UBS said yesterday, adding that it was “far more than expected as most domestic analysts predicted at the beginning of the year that only 20-25 gigawatts would be added for the whole year.”
Regions
2017, July, 21, 08:45:00
EXXON LEAVES INDONESIA
ExxonMobil Corp. has decided to walk away from development of the East Natuna natural gas permit in Indonesia saying it no longer wishes to continue discussions or activity in the block.
Regions
2017, July, 19, 15:05:00
СТРАТЕГИЧЕСКИЕ ЗАДАЧИ РОССИИ
Для меня создание технологий добычи на шельфе — больший приоритет, чем исключительно наращивание объемов добычи, которое мы можем получить в ближайшие годы. Потому что технологии необходимы для решения стратегических задач.
Regions
2017, July, 19, 15:00:00
U.S. OIL&GAS PRODUCTION WILL UP
Crude oil production from the seven major US onshore regions is projected to rise 113,000 b/d month-over-month in August to 5.585 million b/d.
Regions
2017, July, 19, 14:55:00
U.S. GLOBAL LEADERSHIP
While US demand for gas is rising because of higher industrial consumption, more than half of the production increase will be used for LNG for export. By 2022, IEA estimates that the US will be on course to challenge Australia and Qatar for global leadership among LNG exporters.