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Trends

Trends
2019, April, 17, 11:25:00

U.S. ENERGY CONSUMPTION UP 4%

U.S. EIA - Primary energy consumption in the United States reached a record high of 101.3 quadrillion British thermal units (Btu) in 2018, up 4% from 2017 and 0.3% above the previous record set in 2007. The increase in 2018 was the largest increase in energy consumption, in both absolute and percentage terms, since 2010.

Trends
2019, April, 17, 11:20:00

U.S. PRODUCTION: OIL + 85 TBD, GAS + 883 MCFD

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 80,000 b/d month-over-month in April from 8,380 to 8,460 thousand barrels/day , gas production to increase 907 million cubic feet/day from 78,930 to 79,837 million cubic feet/day .

Trends
2019, April, 17, 11:15:00

EUROPE'S GAS PIPELINES RULES

The rules governing the EU's internal gas market will in future also apply to pipelines to and from third countries. The Council today formally adopted an amendment to the so-called gas directive which aims at closing a legal gap in the EU's regulatory framework and boosting competition in the gas market. This is the final step in the legislative process.

Trends
2019, April, 17, 11:10:00

RUSSIA'S ARCTIC ENERGY

Russian energy major Gazprom Neft expects the Arctic to account for more than half its oil and gas production by 2020,

Trends
2019, April, 15, 11:35:00

AUSTRIA'S RENEWABLE INVESTMENT EUR2.5 BLN

Austrian power grid operator APG plans to invest Eur2.5 billion over the next 10 years to future-proof its network against a massive expansion of wind and solar, it said.

Trends
2019, April, 12, 11:55:00

2019 GLOBAL OIL DEMAND EXCEED 100 MBD

Total world demand for the year is now expected to reach 99.91 mb/d and exceed the 100.00 mb/d threshold during 2H19. OECD oil demand growth is projected to reach 0.21 mb/d, with OECD Americas leading the increase, while oil demand in the non-OECD region is projected to rise by around 1.0 mb/d, with Other Asia and China being the primary contributors to growth.

Trends
2019, April, 12, 11:45:00

RUSSIA COMMITTED TO OPEC+

“Russia will not increase its output unless in coordination with the rest of OPEC and OPEC+ countries,” Mazroui said. “I believe in the wisdom of Russia, and I believe that Russia has benefited from this agreement... I don’t see any reason for Russia not to continue with us.”

Trends
2019, April, 12, 11:40:00

OIL PRODUCTION DOWN, PRICES UP

Production by OPEC countries in March was 2.2 mb/d lower than in November and now there is uncertainty concerning Libya. Production by non-OPEC producers in 1Q19 was 0.7 mb/d lower than in 4Q18.

Trends
2019, April, 12, 11:35:00

GLOBAL ECONOMY CHANGES

With this weakness expected to persist into the first half of 2019, our new World Economic Outlook (WEO) projects a slowdown in growth in 2019 for 70 percent of the world economy. Global growth softened to 3.6 percent in 2018 and is projected to decline further to 3.3 percent in 2019.

Trends
2019, April, 12, 11:30:00

INDIA'S ECONOMY SLOWDOWN

India is witnessing a listless growth in electricity demand, possibly signalling more slowdown in Asia’s third-largest economy.

Trends
2019, April, 8, 11:55:00

RUSSIA'S ARCTIC ENERGY UP

No project better symbolizes Russia ambitions in the Arctic than Yamal LNG. The project cost $27 billion to construct, excluding the adjacent infrastructure paid for by the Russian Federation.

Trends
2019, April, 8, 11:50:00

GAZPROM'S BLOCKCHAIN

GAZPROM - As for digitalization, we are working towards it, specifically towards the digitalization of the gas supply process and the implementation of the distributed ledger technology in our operations.

Trends
2019, April, 8, 11:30:00

RUSSIA'S NOVATEK LNG 140 MMT

PLATTS - Russian independent gas producer Novatek sees the resource base at Northern Yamal and Gydan peninsulas as allowing for output of 140 million mt/year of LNG, CEO Leonid Mikhelson said Friday.

Trends
2019, April, 8, 11:05:00

U.S. UNEMPLOYMENT 3.8%

U.S. Total nonfarm payroll employment increased by 196,000 in March, and the unemployment rate was unchanged at 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and in professional and technical services.

Trends
2019, April, 5, 10:40:00

U.S. GAS EXPORTS UP

U.S. net natural gas exports in January 2019 totaled 2.3 billion cubic feet per day (Bcf/d), marking 12 consecutive months where U.S. natural gas exports exceeded U.S. imports.

Tags:

OIL (928)
GAS (715)
RUSSIA (454)
GAZPROM (201)
ROSNEFT (165)
U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)