- — Santos decides to proceed with oil project in Alaska
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at 8/19/22 4:00amAustralias Santos said on Aug. 17 it will move ahead with its partner Repsol to develop a $2.6 billion Alaska North Slope oil project in a surprise decision that sent the energy producers shares lower despite it posting a record first-half profit. Santos decided to go ahead with the Pikka project after failing to sell ...- — Oil headed for weekly loss as recession fears cloud demand outlook
- at 8/19/22 4:00amOil prices slipped on Friday after two days of gains and are heading for weekly losses as a strong dollar and worries about a global economic slowdown weigh. Brent crude futures were down 97 cents, or 1%, at $95.62 a barrel by 0826 GMT. U.S. West Texas Intermediate crude was at $89.59 a barrel, down ...
- — ENGINE: Americas Bunker Fuel Availability Outlook
- at 8/18/22 3:00pm• Prompt supplies available in Houston and New York • Bunker fuel availability tight in Balboa • Rough weather building up in Zona Comun North America VLSFO and LSMGO availability is said to be normal in the Houston area and New York, with prompt deliveries available. Prompt VLSFO and LSMGO deliveries are slightly difficult to ...
- — Announcement regarding the intention to delist the American depositary shares from the NYSE and the related matters
- at 8/18/22 3:00pmPetroChina Company Limited (the “Company”) hereby announces that it has notified the New York Stock Exchange (the “NYSE”) on 12 August 2022 (Eastern Time in the U.S.) that it will apply for a voluntary delisting of its American Depositary Shares (“ADSs”) from the NYSE pursuant to the U.S. Securities Exchange Act of 1934, as amended ...
- — Santos announces Pikka FID and net-zero project plans
- at 8/18/22 3:00pmHighlights Expected production 80,000 barrels a day gross with first oil anticipated in 2026 2P reserves 397 million barrels gross pre-royalties Capex US$1.3 billion Santos-share ~19% IRR at US$60 long-term oil price Santos committed to a net-zero project (scope 1 and 2, equity share) Strong support from key stakeholders, including the State and landowners Santos, ...
- — Falling oil prices defy predictions. But what about the next chapter?
- at 8/18/22 3:00pmWhen Russia invaded Ukraine in the spring, energy experts were predicting that oil prices could reach $200 a barrel, a price that would send the costs of shipping and transportation into the stratosphere and bring the global economy to its knees. Now oil prices are lower than they were when the war began, having dropped ...
- — Equinor ASA: Announcement of dividend per share in NOK for first quarter 2022 – Form 6-K
- at 8/18/22 3:00pmEquinor ASA: Announcement of dividend per share in NOK for first quarter 2022 Equinor (OSE: EQNR, NYSE: EQNR) announced on 4 May 2022 an ordinary dividend per share of USD 0.20 and an extraordinary dividend per share of USD 0.20 for first quarter 2022. The NOK dividend per share is based on average USDNOK fixing ...
- — Taiwan farmers find space for solar to meet renewable energy targets
- at 8/18/22 3:00pmAt a row of greenhouses around 50 km (30 miles) from Taiwans capital Taipei, vanilla farmer Tseng Tien-fu is installing dozens of solar panels, part of the islands plan to meet its renewable energy goals without sacrificing scarce farmland. Tseng, who exports most of his crop to Japan, is expanding his business to meet demand ...
- — Santos reports record first half free cash flow and underlying earnings, and higher shareholder returns
- at 8/18/22 3:00pmSantos today announced its half-year results for 2022, reporting record free cash flow of US$1.7 billion and underlying profit of US$1.3 billion. The results reflect significantly higher oil and LNG prices compared to the corresponding period due to stronger global energy demand combined with a higher interest in PNG LNG following the Oil Search merger. ...
- — India eases Russian oil buying in July, boosts Saudi imports -trade
- at 8/18/22 4:00amIndias crude oil imports from Russia in July fell for the first time since March along with its overall purchase while supplies from Saudi Arabia rebounded for the first in five months, data obtained from trade and industry sources showed. Indian refiners lifted more term supplies from Saudi Arabia as prices were attractive while prices ...
- — Oil prices hold steady as recession worries offset lower U.S. stocks
- at 8/18/22 4:00amOil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession. Brent crude futures climbed 15 cents, or 0.2%, to $93.80 a barrel by 0347 GMT. U.S. crude futures gained 4 cents, or 0.1%, to $88.15 a barrel. ...
- — Oil Prices Hit Six-Month Low on Concerns of Global Recession
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at 8/17/22 3:00pmThe energy sector is set for a lower open, tracking declining broader index futures (SP 500 futures -0.8% as of 8:40 AM ET) and a slight pullback in front-end oil prices after futures touched a 6-month low yesterday. Target reported a 90% drop in quarterly earnings as excess inventory built during the heart of the ... - — ENGINE: Europe & Africa Fuel Availability Outlook
- at 8/17/22 3:00pmNorthwest Europe Supply of VLSFO and HSFO is said to be slightly tight in the ARA hub this week, where securing prompt deliveries can be difficult, sources say. Recommended lead times for VLSFO and HSFO in the ARA are around five days. Some suppliers can offer prompt supply for limited quantities, a source says. Meanwhile, ...
- — Phillips 66 offers to buy pipeline operator DCP Midstream
- at 8/17/22 3:00pmU.S. refiner Phillips 66 (PSX.N) on Wednesday offered to acquire the public units of DCP Midstream (DCP.N) in a deal that would value the pipeline operator at $7.2 billion deal and bulk up Phillips natural gas liquids business. A deal would mark the first major move by Mark Lashier, who took over as the chief ...
- — Global Oil Demand Recovery Outpaces Production in June, JODI Data Shows
- at 8/17/22 3:00pmGlobal oil demand (excluding China) and output both rose by 1.0 mb/d month-on-month in June, bringing demand up to 98 percent of pre-pandemic levels and crude production to 96 percent, new data from the Joint Organizations Data Initiative (JODI) showed. The data also showed a sharp divergence between Russias oil and gas output, with crude ...
- — Malaysia, Vietnam crude premiums ease for Oct as middle distillate cracks weaken
- at 8/17/22 3:00pmCash premiums for October-loading barrels of Asia-Pacific medium sweet crudes were easing from record highs in September amid narrowing middle distillate product cracks and increasing competition from arbitrage barrels, traders said Aug. 16-17. September-loading barrels of Vietnams Chim Sao and Malaysias Labuan crudes were traded in July at record high cash premiums in the range ...
- — Permex Petroleum Receives Drilling Permit Approval for its Texas Property
- at 8/17/22 3:00pmPermex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) (Permex or the Company), a junior oil and gas company, received approval on its permit application for drilling on its property in Martin County, Texas. “The approval of our permit to drill within the highly sought-after Spraberry Trend Area is very well received, and we are ...
- — Crude oil futures inch higher after 2-day selloff, sentiment remains weak
- at 8/17/22 4:00amCrude oil futures inched higher in mid-morning Asian trade Aug. 17 as investors bought the dip after a second day of steep declines, with sentiment still bearish amid weak economic data and progress on an Iranian nuclear deal. At 10:08 am Singapore time (0208 GMT), the ICE October Brent futures contract was up 26 cents/b ...
- — Blasts at Russian base in Crimea suggest Ukrainians fighting back
- at 8/16/22 3:00pmMoscow denounced sabotage and Kyiv hinted at responsibility for explosions on Tuesday at a military base in Russian-annexed Crimea that is an important supply line for Russias invasion of Ukraine. The blasts engulfed an ammunition depot at a military base in the north of the Crimean peninsula, disrupting trains and forcing the evacuation of 2,000 ...
- — CHINA DATA: July crude throughput hits 28-month low of 12.6 mil b/d
- at 8/16/22 3:00pmChinas crude throughput fell to a 28-month low of 12.58 million b/d in July, depicting a surprise 6.3% month-on-month decline against a rise expected by some refining sources and analysts. The countrys crude throughput fell 3% month on month on a metric ton basis to 53.21 million mt in July, National Bureau of Statistics data ...
- — ENGINE: East of Suez Bunker Fuel Availability Outlook
- at 8/16/22 3:00pmFujairah bunkering inches closer to normal operation Bunker demand sluggish in China’s bunker hub Zhoushan Singapore’s Hi5 spread narrows further Singapore VLSFO and HSFO supply remains “super tight” for prompt dates in Singapore. Recommended lead times are around 9-12 days. Bunker demand has been normal in Singapore so far this week. A series of ...
As of 8/19/22 2:57pm. Last new 8/19/22 7:39am.
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