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Regions

Regions
2017, November, 9, 13:35:00
U.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.
Regions
2017, November, 9, 13:30:00
WORLDWIDE RIG COUNT DOWN 4 TO 2,077
The worldwide rig count for October 2017 was 2,077, down 4 from the 2,081 counted in September 2017, and up 457 from the 1,620 counted in October 2016.
Regions
2017, November, 3, 12:30:00
OPEC OIL PRICE: $58.49
OPEC daily basket price stood at $58.49 a barrel Thursday, 2 November 2017
Regions
2017, November, 1, 08:50:00
RUSSIA - IRAN NUCLEAR ENERGY
ROSATOM - On the 31st of October 2017, in the Bushehr Province (Iran) the work commissioning ceremony at the main building of power unit No. 2 of Bushehr NPP (Bushehr-2 project) was held.
Regions
2017, October, 27, 19:00:00
TRANSCANADA SELLS SOLAR $540 MLN
TransCanada Corporation has entered into an agreement to sell its Ontario solar portfolio comprised of eight facilities with a total generating capacity of 76 megawatts to Axium Infinity Solar LP, a subsidiary of Axium Infrastructure Canada II Limited Partnership, for approximately $540 million.
Regions
2017, October, 25, 12:25:00
OPEC COOPERATION
Compliance among OPEC and major non-OPEC producers reached 120% in September, its highest level since the output constraint deal was launched in January, the Joint Ministerial Monitoring Committee said.
Regions
2017, October, 25, 12:20:00
U.S. ECONOMY & EMPLOYMENT 2016 - 2026
Changing demographics in the population will have far-reaching effects on the labor force, the economy, and employment over the 2016–26 decade. The overall labor force participation rate is projected to decline as older workers leave the labor force, constraining economic growth. The aging baby-boomer segment of the population will drive demand for healthcare services and related occupations.
Regions
2017, October, 25, 12:15:00
RENEWABLE INVESTMENT $3.7 BLN
A group of private-equity investors led by New York-based Global Infrastructure Partners and China’s sovereign wealth fund will acquire a portfolio of Asian wind and solar energy projects from Singapore-based Equis Pte Ltd for $3.7bn.
Regions
2017, October, 25, 12:10:00
AUSTRALIAN OIL UP
The S&P/ASX 200 Energy index added 0.7 per cent, with Beach Energy – the recent buyer of Origin Energy’s conventional oil and gas business assets – up 2.8 per cent, Origin up 1.1 per cent and Caltex Australia up 1 per cent.
Regions
2017, October, 23, 11:40:00
U.S. PETROLEUM DEMAND UP TO 2.4%
Total petroleum deliveries increased 2.4 percent from September 2016. These September deliveries were the highest September deliveries in a decade. For the third quarter 2017, total petroleum deliveries, a measure of U.S. petroleum demand, increased 2.1 percent from the same period last year to nearly 20.4 million barrels per day. For year to date 2017, total domestic petroleum deliveries increased 1.2 percent compared to the same period last year.
Regions
2017, October, 23, 11:25:00
AUSTRALIAN LNG UP ANEW
Australia became the world’s second-largest exporter of liquefied natural gas (LNG) in 2015 and is likely to overtake Qatar as the world’s largest LNG exporter by 2019. As Australia’s LNG exports have increased, primarily from LNG projects in eastern Australia, the country has had natural gas supply shortages in eastern and southeastern Australia and an increase in domestic natural gas prices.
Regions
2017, October, 23, 11:20:00
U.S. DEFICIT - 2017: $666 BLN
U.S. Treasury Secretary Steven T. Mnuchin and Office of Management and Budget (OMB) Director Mick Mulvaney today released details of the fiscal year (FY) 2017 final budget results. The deficit in FY 2017 was $666 billion, $80 billion more than in the prior fiscal year, but $36 billion less than forecast in the FY 2018 Mid-Session Review (MSR). As a percentage of Gross Domestic Product (GDP), the deficit was 3.5 percent, 0.3 percentage point higher than the previous year.
Regions
2017, October, 23, 11:15:00
LIBYAN OIL PRODUCTION 1 MBD
Libya’s oil production increased steeply to the current level of 850,000 b/d from a low point in August 2016 of below 300,000 b/d. Production surpassed 1 million b/d in July.
Regions
2017, October, 23, 11:00:00
U.S. RIGS DOWN 15 TO 913
U.S. Rig Count is up 360 rigs from last year's count of 553, with oil rigs up 293, gas rigs up 69, and miscellaneous rigs down 2 to 2. Canada Rig Count is up 59 rigs from last year's count of 143, with oil rigs up 38 and gas rigs up 21.
Regions
2017, October, 20, 12:20:00
U.S. OIL EXPORT UP BY 300 TBD
Crude oil exports in the first half of 2017 increased by more than 300,000 barrels per day (b/d) from the first half of 2016, reaching a record high of 0.9 million b/d. Petroleum product exports also grew over the same period with propane and distillate exports reaching record highs of 0.9 million b/d and 1.3 million b/d, respectively.