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2018, February, 7, 07:20:00
SOUTH AFRICA'S EXPLORATION
TOTAL - Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval.
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2018, February, 7, 08:15:00
GAZPROM'S ANNUAL INVESTMENT: $17.5 BLN
REUTERS - Gazprom expects its average annual investment until 2035 to be capped at 1 trillion rubles ($17.5 billion).
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2018, February, 7, 07:35:00
INDONESIA - IAEA COOPERATION
WNN - Indonesia's National Atomic Energy Agency (Batan) is promoting the introduction of nuclear power plants to help meet the county's demand for power. It envisages the start-up of conventional large light-water reactors on the populous islands of Bali, Java, Madura and Sumatra from 2027 onwards. In addition, it is planning small HTGRs (up to 100 MWe) for deployment on Kalimantan, Sulawesi and other islands to supply power and heat for industrial use.
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2018, February, 7, 08:25:00
OIL PRICE: ABOVE $67 YET
BLOOMBERG - West Texas Intermediate for March delivery rose as much as 79 cents to $64.18 a barrel and traded at $63.88 as of 11:39 a.m. in Singapore. The contract fell 76 cents to $63.39 on Tuesday. Total volume traded was about 16 percent above the 100-day average.
Brent for April settlement rose 46 cents to $67.32 a barrel on the London-based ICE Futures Europe exchange, snapping a three-day decline. The global benchmark crude traded at a premium of $3.73 to April WTI.
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2018, February, 9, 10:55:00
AUSTRALIAN LNG: $111 BLN
TWA - The Gorgon and Wheatstone LNG projects are now enjoying cash margins of more than $US30 a barrel at a $US50 price, Chevron says, and production from the $111 billion mega-projects is expected to increase this year.
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2018, February, 9, 10:50:00
INDIA NEED LNG
REUTERS - India’s push to more than double the share natural gas has in its energy mix to 15 percent by 2022 will require a huge increase in imports and the construction of more LNG terminals, a government official said on Wednesday.
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2018, February, 9, 10:35:00
WORLDWIDE RIG COUNT UP 96 TO 2,271
BAKER HUGHES A GE - The worldwide rig count for February 2018 was 2,271, up 96 from the 2,175 counted in January 2018, and up 244 from the 2,027 counted in February 2017.
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2018, February, 9, 11:00:00
OIL PRICES: $62
EIA forecasts Brent spot prices will average about $62/b in both 2018 and 2019 compared with an average of $54/b in 2017.
EIA expects West Texas Intermediate (WTI) crude oil prices to average $4/b lower than Brent prices in both 2018 and 2019.
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2018, February, 9, 10:45:00
INDONESIA NEED NUCLEAR
WNN - Indonesia needs to double its electricity generation capacity over the next ten years, and continue that expansion beyond 2050, to improve access to electricity and meet the demand of its growing economy and population, the London-based organisation said. At the same time Indonesia needs to tackle high levels of air pollution and deliver on the commitment made at the COP 21 climate change conference to reduce greenhouse gas emissions by 29% by 2030.
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2018, February, 9, 10:30:00
EXXON'S RESERVES 21.2 BLN
EXXONMOBIL said it added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183 percent of production. ExxonMobil's proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. Liquids represented 57 percent of the reserves, up from 53 percent in 2016. ExxonMobil’s reserves life at current production rates is 14 years.
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2018, February, 9, 11:05:00
РОССИЯ: ИНВЕСТИЦИИ В ЭНЕРГЕТИКУ
МИНЭКОНОМРАЗВИТИЯ - «Для исключения ситуации, при которой электроэнергетическая отрасль может стать фактором, замедляющим экономический рост, необходимо разработать программу глубокой модернизации генерирующих мощностей», – отметил замминистра. По его мнению, данная программа позволит обновить основные фонды объектов генерации, что положительно скажется на качестве и надежности энергоснабжения потребителей, а также повысит технологическую эффективность генерирующих объектов и обеспечит заказами предприятия отечественного энергомашиностроения.
![Search Results](/cache/02-18/INDONESIA-14.72bea52e.png)
2018, February, 9, 10:40:00
INDONESIA'S GDP UP TO 5.1%
IMF - The Indonesian economy has continued to perform well. Real GDP growth accelerated slightly to 5.1 percent in Q3:2017 from 5 percent in 2016 and H1:2017, led by robust exports and fixed investment.
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2018, February, 9, 11:10:00
OIL PRICE: ABOVE $64
REUTERS - Brent futures were down 44 cents or 0.7 percent, at $64.37 a barrel by around 0700 GMT. On Thursday, Brent fell 1.1 percent to its lowest close since Dec. 20.
U.S. West Texas Intermediate (WTI) crude was down 62 cents, or 1 percent, at $60.53 a barrel, having settled down 1 percent in the previous session at its lowest close since Jan. 2.
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2018, February, 12, 07:00:00
U.S. RIGS UP +29 TO 975
BAKER HUGHES A GE - U.S. Rig Count is up 29 rigs from last week to 975, with oil rigs up 26 to 791, gas rigs up 3 to 184, and miscellaneous rigs unchanged.
Canada Rig Count is down 17 rigs from last week to 325, with oil rigs down 13 to 221 and gas rigs down 4 to 104.
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2018, February, 12, 07:25:00
U.S. SALES 100 MB
PLATTS - Congress early Friday approved a two-year budget agreement which mandates the sale of 100 million barrels of crude oil from the Strategic Petroleum Reserve within a decade and authorizes sales of another $350 million of government-owned crude this fiscal year.
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2018, February, 12, 07:15:00
UAE - INDIA'S CONCESSION: $600 MLN
REUTERS - A consortium led by India’s Oil and Natural Gas Corp (ONGC) (ONGC.NS) has become the first group to win a stake in Abu Dhabi National Oil Co’s (ADNOC) 40-year offshore oil concession, a deal set to help the UAE expand its foothold in Asia.
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2018, February, 12, 07:10:00
NORWAY DEFENDS OIL
REUTERS - “The Ministry maintains that the Norwegian rules on reimbursement of exploration costs and interest on carry forward of losses ... do not constitute state aid under Article 61 of the EEA Agreement, and are therefore in compliance with the EEA (European Economic Area) law,” the ministry said in a letter.
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2018, February, 12, 07:05:00
LEBANON OFFSHORE DRILLING
NOVATEK - Total and Eni signed exploration and production agreements (Agreements) with the Government of Lebanon to explore and produce hydrocarbons on the offshore blocks 4 and 9 in the Eastern part of the Mediterranean Sea. NOVATEK’s participating interest in the Agreements is 20%, Total and Eni both hold 40% stakes, with Total appointed as the Operator.
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2018, February, 12, 07:30:00
U.S. LNG FOR CHINA
FT - The 25-year deal with China National Petroleum Corporation means Cheniere has pulled ahead in the race to develop a new wave of US LNG export projects to come on stream in the 2020s.
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2018, February, 12, 07:35:00
GAS SHORTAGE FOR EUROPE
REUTERS - “Europe completely miscalculated when they assumed that they won’t need much additional gas and if they need some it can be supplied from outside Russia,” Medvedev, who looks after exports for the world’s top gas producer and exporter, said.