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2018, April, 18, 13:07:00
U.S. OIL PRODUCTION +125 TBD, GAS +1,078 MCFD
EIA - Crude oil production from the major US onshore regions is forecast to increase 125,000 b/d month-over-month in May from 6,871 to 6,996 thousand barrels/day , gas production to increase 1,078 million cubic feet/day from 65,829 to 66,907 million cubic feet/day .
2018, April, 18, 13:04:00
U.S. INDUSTRIAL PRODUCTION UP 0.5%
FRB - Industrial production rose 0.5 percent in March after increasing 1.0 percent in February; the index advanced 4.5 percent at an annual rate for the first quarter as a whole. After having climbed 1.5 percent in February, manufacturing production edged up 0.1 percent in March. Mining output rose 1.0 percent, mostly as a result of gains in oil and gas extraction and in support activities for mining. The index for utilities jumped 3.0 percent after being suppressed in February by warmer-than-normal temperatures. At 107.2 percent of its 2012 average, total industrial production was 4.3 percent higher in March than it was a year earlier. Capacity utilization for the industrial sector moved up 0.3 percentage point in March to 78.0 percent, a rate that is 1.8 percentage points below its long-run (1972–2017) average.
2018, April, 18, 13:12:00
RUSSIA - OPEC DIMENSION
PLATTS - Russia is committed to its OPEC pact with Saudi Arabia and will continue supplying Europe energy despite tensions with the West after US-led strikes on Bashar al-Assad's Syrian regime, said Vladimir Putin's spokesman.
2018, April, 18, 13:08:00
U.S. - INDIA'S TIES
PLATTS - "Our collaboration will be a win-win for all," Pradhan told reporters. Pradhan said India offers attractive oil and gas markets for the US as the country is the fastest-growing large economy, with 8% annual growth in energy consumption.
2018, April, 18, 13:14:00
OIL PRICE: ABOVE $72 AGAIN
REUTERS - Brent crude oil futures LCOc1 were at $72.07 per barrel at 0659 GMT, up 49 cents, or 0.7 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 49 cents, or 0.7 percent, at $67.01 a barrel.
2018, April, 20, 09:10:00
U.S. COAL EXPORTS UP BY 61%
EIA - The United States exported 97.0 million short tons (MMst) of coal in 2017, a 61% (36.7 MMst) increase from the 2016 level. Exports to Asia more than doubled from 15.7 MMst in 2016 to 32.8 MMst in 2017, although Europe continues to be the largest recipient of U.S. coal exports.
2018, April, 20, 09:05:00
NORWAY'S PRODUCTION 1.9 MBD
NPD - Preliminary production figures for March 2018 show an average daily production of 1 901 000 barrels of oil, NGL and condensate, which is a decrease of 46 000 barrels per day compared to February.
2018, April, 20, 09:25:00
U.S. PETROLEUM DRILLING UP 35%
API - natural gas and oil drilling and completions rose more than 35 percent over 2017 levels signaling the strength of the U.S. natural gas and oil industry. In addition, the success rate for exploration of natural gas and oil was more than 60 percent, the highest rate since 2009.
2018, April, 20, 09:20:00
OIL STOCKS & PRICES UP
FT - Oil prices hit their highest level since 2014 on Thursday, moving above $74 a barrel and lifting energy companies to the top of global stock indices.
2018, April, 20, 08:40:00
IEA'S CLEAN ENERGY
IEA - Dr Fatih Birol, the International Energy Agency’s Executive Director, met Monday with Peter Altmaier, Germany’s Minister of Economy and Energy. The bilateral meeting focused on the IEA’s role in the global clean energy transition thanks to its expertise across all fuels and energy technologies, as well as energy efficiency.
2018, April, 20, 09:00:00
IRAN NEED NEW MARKETS
SHANA - The CEO of the Iranian Gas Commercial Company (IGCC) said his company, as the sole exporter of gas products in Iran, is currently seeking new markets for exporting liquefied petroleum gas (LPG).
2018, April, 20, 08:30:00
CANADA'S THERMONUCLEAR ENERGY
WNN - Canada has signed a memorandum of understanding (MoU) with the Iter Organisation to explore how Canada can participate in the project to construct the International Thermonuclear Experimental Reactor. The fusion reactor - construction of which began in 2010 - is scheduled to achieve first plasma in 2025.
2018, April, 20, 08:55:00
UZBEKISTAN - LUKOIL GAS
LUKOIL - LUKOIL has commissioned a Gas Processing Complex at the Kandym fields cluster in Uzbekistan. The official opening ceremony was attended by the President of the Republic of Uzbekistan Shavkat Mirziyoyev, Minister of Energy of the Russian Federation Aleksander Novak, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Uzbekistan Vladimir Tyurdenyov, Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to the Republic of Uzbekistan Kwon Yong Woo and the President of PJSC "LUKOIL" Vagit Alekperov.
2018, April, 20, 08:35:00
U.S. BOUGHT UKRAINE
U.S.DT - U.S. Treasury Secretary Steven Mnuchin met with Finance Minister Oleksandr Danyliuk of Ukraine. Secretary Mnuchin and Minister Danyliuk discussed the economic and reform outlook of the Ukrainian economy.
2018, April, 20, 08:50:00
ENI INVESTMENT €7 BLN
ENI - Eni will invest €7 billion in Italy over the next four years, including €1 billion in green activities
2018, April, 20, 09:15:00
ENI - ROSNEFT COOPERATION
REUTERS - Italian oil major Eni has no plans to pull out of its joint venture with Russia’s Rosneft despite escalating sanctions against Russia, the head of Eni said on Wednesday.
2018, April, 20, 08:45:00
SEADRILL'S BANKRUPTCY OFF
REUTERS - Offshore oil driller Seadrill (SDRL.OL) plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday.
2018, April, 20, 09:30:00
OIL PRICE: NOT ABOVE $74
REUTERS - Brent crude oil futures LCOc1 were at $73.79 per barrel at 0440 GMT, up 1 cent from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 down 2 cents at $68.40 a barrel.
2018, April, 23, 14:05:00
BAKER HUGHES GE NET INCOME $70 MLN
BHGE - Baker Hughes, a GE company Announces First Quarter 2018 Results
Revenue of $5.4 billion for the quarter, down 7% sequentially and up 1% year-over-year on a combined business basis
GAAP operating loss of $41 million for the quarter, decreased 63% sequentially and increased unfavorably year-over-year on a combined business basis
Adjusted operating income (a non-GAAP measure) of $228 million for the quarter, down 20% sequentially and down 19% year-over-year on a combined business basis