2019, April, 12, 11:45:00RUSSIA 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.”
2019, April, 12, 11:40:00OIL 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.
2019, April, 12, 11:35:00GLOBAL 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.
2019, April, 12, 11:30:00INDIA'S ECONOMY SLOWDOWN
India is witnessing a listless growth in electricity demand, possibly signalling more slowdown in Asia’s third-largest economy.
2019, April, 8, 11:55:00RUSSIA'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.
2019, April, 8, 11:50:00GAZPROM'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.
2019, April, 8, 11:30:00RUSSIA'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.
2019, April, 8, 11:05:00U.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.
2019, April, 5, 10:40:00U.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.
2019, April, 5, 10:25:00CHINA NEED GAS
China’s LNG imports last year were about 54 million tonnes. CNPC accounts for about 60 percent of China’s overall gas imports and 70 percent of domestic production, Ling said. “LNG price will become one of the decisive factors for the amount of LNG imports,” he also said in his presentation.
2019, April, 5, 10:20:00CHINA NEED NUCLEAR
China wants to promote nuclear energy cooperation in the 'Belt and Road', and is focusing on new technology deployment and completing its radioactive waste management strategy, a conference in Beijing heard. The Belt and Road Initiative is a development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organisations.
2019, April, 5, 10:15:00RENEWABLE IS A THIRD
The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 gigawatts (GW), according to new data released by the International Renewable Energy Agency (IRENA) today. The annual increase of 7.9 per cent was bolstered by new additions from solar and wind energy, which accounted for 84 per cent of the growth. A third of global power capacity is now based on renewable energy.
2019, April, 5, 10:00:00ADNOC STRATEGY 2030
Our unrelenting attention is on minimising costs, enhancing our operational efficiency, and maximising margins to ensure we thrive in the new multi-layered energy landscape.
2019, April, 5, 09:55:00FRANCE'S HYDROGEN ENERGY
France's EDF has launched a hydrogen production and distribution subsidiary to support decarbonisation of industry and mobility using low-carbon electricity from its nuclear and renewable energy fleet.
2019, April, 5, 09:45:00KUWAIT'S GDP UP 1.7%
Kuwait's growth has resumed, and the current account rebounded thanks to higher oil prices. Hydrocarbon output rose by 1.2 percent in 2018 after contracting a year earlier. Buoyed by a rebound in confidence and government spending, non-oil growth has accelerated to 2.5 percent.