Archive for December, 2019

Bolivia’s YPFB strikes transition deal with Petrobras to extend natural gas exports

Bolivia’s YPFB strikes transition deal with Petrobras to extend natural gas exports

Ellenic Shipping News


Bolivian state-owned oil firm YPFB said on Saturday it has reached a deal with Petroleo Brasileiro SA to extend natural gas exports through the Bolivia-Brazil Gas Pipeline commonly known as Gasbol.

Bolivia’s YPFB strikes transition deal with Petrobras to extend natural gas exports -oilandgas360The so-called transition deal comes after …

December 29, 2019 - 8:24 pm International, Marine Shipping, Natural Gas News
Russian Oil Minister Alexander Novak (right) speaks to his Saudi Arabian counterpart Prince ... Getty Images

Is Russia hinting OPEC+ discipline could crack in 2020?

Forbes


There have always been question marks over how OPEC and non-OPEC oil producers would exit their strategy of joint production cuts that have been in place since December 2016, in some form or the other with the participation of …

December 29, 2019 - 7:59 pm Crude Oil News, International, OPEC, Politics & Opinions
An aerial view shows the newly arrived foundation platform of Leviathan natural gas field, in the Mediterranean Sea, off the coast of Haifa

Electrical equipment of Israel-Jordan gas line torched

The Jerusalem Post


Jordanian citizens and politicians have expressed protest to the planned transfer of gas between the two nations.

The energy agency that could thwart Democrats’ climate plans

The energy agency that could thwart Democrats’ climate plans

Politico


Sens. Bernie Sanders and Elizabeth Warren have endorsed a call to reshape FERC as a climate regulator, but is it necessary for a Green New Deal?

 

Democratic presidential candidates’ promises to fight climate change could hinge on whether

Turkey to launch TurkStream on January 8

Turkey to launch TurkStream on January 8

Hurriyet Daily News


Turkey will launch TurkStream natural gas pipeline next month, energy and natural resources minister said on Dec. 27.

Turkey to launch TurkStream on January 8 -oilandgas360

“We will launch TurkStream on Jan. 8. We will be indispensable in international markets with natural gas pipelines coming

Dallas Fed Q4 Energy Survey – Oil and Gas activity, employment slip lower

Dallas Fed Q4 Energy Survey – Oil and Gas activity, employment slip lower

Dallas Fed


What’s New This Quarter

Special questions this quarter focus on capital spending in 2020, the price of oil needed to cover firms’ capital spending plans next year and the main causes of flaring in the Permian Basin.

Fourth Quarter Dallas Fed Energy Survey - oilandgas360

Activity …

BLOOM ENERGY DEADLINE ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Bloom Energy (BE) Investors Who Suffered Significant Losses to Contact Its Attorneys, Application Deadline Approaching

BLOOM ENERGY DEADLINE ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Bloom Energy (BE) Investors Who Suffered Significant Losses to Contact Its Attorneys, Application Deadline Approaching

December 28, 2019 - 9:06 am Press Releases

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges Investors in Extraction Oil & Gas (XOG) Who Have Suffered Losses to Contact its Attorneys: Firm Investigating Improper Accounting and Possible Securities Fraud

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges Investors in Extraction Oil & Gas (XOG) Who Have Suffered Losses to Contact its Attorneys: Firm Investigating Improper Accounting and Possible Securities Fraud

December 27, 2019 - 6:38 pm Press Releases

7-DAY DEADLINE ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Bloom Energy (BE) Investors Who Suffered Significant Losses to Contact Its Attorneys, Application Deadline Approaching

7-DAY DEADLINE ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Bloom Energy (BE) Investors Who Suffered Significant Losses to Contact Its Attorneys, Application Deadline Approaching

December 27, 2019 - 6:29 pm Press Releases
Rosehill Resources Inc. Announces Partial Conversion of Class B Common Stock

Rosehill Resources Inc. Announces Partial Conversion of Class B Common Stock

Rosehill Resources Inc. Announces Partial Conversion of Class B Common Stock

Calpine Corporation Announces Final Results of Tender Offer for Its 5.375% Senior Notes Due 2023

Calpine Corporation Announces Final Results of Tender Offer for Its 5.375% Senior Notes Due 2023

December 27, 2019 - 5:34 pm Finance, Press Releases
Diamond S Shipping Inc. Announces Closing of New $525 Million Credit Facility

Diamond S Shipping Inc. Announces Closing of New $525 Million Credit Facility

Diamond S Shipping Inc. Announces Closing of New $525 Million Credit Facility

December 27, 2019 - 5:00 pm Crude Oil News, Finance, International, Offshore, Press Releases

Power Solutions International Files 10-K for 2018 and Provides 2019 Financial Outlook

Power Solutions International Files 10-K for 2018 and Provides 2019 Financial Outlook

December 27, 2019 - 4:40 pm Press Releases
ION announces CFO transition

ION announces CFO transition

ION announces CFO transition

December 27, 2019 - 4:15 pm Oilfield Services, People, Press Releases, Technology

Cielo Announces Closing of Tranche of Private Placement Offering of Convertible Debenture Units

Cielo Announces Closing of Tranche of Private Placement Offering of Convertible Debenture Units

December 27, 2019 - 4:05 pm Finance, Press Releases
Source: Reuters

U.S. natgas futures dive more than 5% despite big draw from storage

Reuters


U.S. natural gas futures fell by more than 5% on Friday in thin trade, as forecasts for warmer weather had investors worried about heating demand even though government data showed a larger-than-usual weekly storage draw that exceeded estimates.

Futures …

December 27, 2019 - 3:30 pm Closing Bell Story‎, Energy News, Natural Gas News
Source: Nasdaq

Oil hits three-month high on falling oil stocks, investor optimism

Reuters


HOUSTON – Oil prices rose to the fourth consecutive weekly gain on Friday, steadying at three-month highs after new data showed U.S. crude inventories fell far more than expected, while upbeat economic data and optimism over a U.S.-China trade …

Calpine Corporation Announces Closing of Senior Notes Offering

Calpine Corporation Announces Closing of Senior Notes Offering

December 27, 2019 - 2:33 pm Finance, Press Releases
Source: Reuters

Oilfield service firms have a bearish outlook for 2020: Dallas Fed

Reuters


With their business outlook worsening, about half of oil field service firms plan to cut spending in 2020, the Federal Reserve Bank of Dallas said on Friday in its quarterly energy survey.

Oil and gas activity and employment dipped …

December 27, 2019 - 2:30 pm Closing Bell Story‎, Energy News, Oilfield Services

BCSC settles insider trading case involving former oil and gas consultant

BCSC settles insider trading case involving former oil and gas consultant

December 27, 2019 - 2:30 pm Press Releases
Source: Reuters

U.S. energy shareholders seek to leave behind a lost decade

Reuters


NEW YORK – The 2010s was a lost decade for shares of U.S. energy companies overall. Volatile commodity prices amid growing supply, poor financial performance and disfavor from some investor groups all contributed to the energy sector’s transformation from …

December 27, 2019 - 2:00 pm Capital Markets, Closing Bell Story‎, Energy News
Oil rises following larger-than-expected drop in US crude inventories

Oil rises following larger-than-expected drop in US crude inventories

CNBC


Oil prices moved higher on Friday following a larger-than-expected drop in U.S. crude inventories, although gains were capped as Russia downplayed output cuts.

Oil rises following larger-than-expected drop in US crude inventories -oilandgas360

Brent crude futures gained 23 cents to trade at $68.15 per barrel, its highest level since mid-September. …

December 27, 2019 - 1:38 pm Closing Bell Story‎, Crude Oil News, International, OPEC
Source: Houston Chronicle

Magnolia LNG’s supply deal with Vietnam takes another step forward

Houston Chronicle


A liquefied natural gas supply deal between the proposed Magnolia LNG export terminal in Louisiana and the Vietnamese government took a major step forward.

 

In a Dec. 19 decision, the Vietnamese government added the Bac Lieu LNG-to-Power …

December 27, 2019 - 1:15 pm Closing Bell Story‎, Energy News, LNG
U.S. rig count down 8 this week, at 805

U.S. rig count down 8 this week, at 805

This week’s Baker Hughes rig count shows that U.S. numbers decreased by 8, resulting in the total count decreasing to 805 rigs.  Canada decreased over last week by 50 rigs, resulting in a total Canadian count of 99 rigs.

U.S. rig count down 8 this week, at 805- oil and gas 360

Breakdown by

2019 Asset Management in Oil & Gas – Thematic Research – ResearchAndMarkets.com

2019 Asset Management in Oil & Gas – Thematic Research – ResearchAndMarkets.com

December 27, 2019 - 12:39 pm Press Releases
Click the above image to view EnerCom’s interactive inventories dashboards

Weekly Gas Storage: Inventories decrease by 161 Bcf

Natural Gas Inventories as of December 20, 2019

The EIA has released its natural gas inventory report, showing another build of 161 Bcf as of December 20, 2019.

Working gas in storage was 3,250 Bcf as of Friday, December 20, …

November 19, 2019 – Lurline, Lead Ship of Matson Kanaloa Class, on Sea Trials.

General Dynamics NASSCO delivers lead ship of Matson Kanaloa Class

NASSCO


SAN DIEGO –  General Dynamics NASSCO delivered Lurline, the lead ship of the two-vessel Kanaloa Class, built for Honolulu-based shipping and logistics company, Matson. Lurline is the largest combination containership/roll-on, roll-off (“ConRo”) vessel constructed in the United States.…

December 27, 2019 - 12:25 pm Closing Bell Story‎, LNG, Marine Shipping, Press Releases
U.S. crude oil inventories increase by 5.5 million barrels

U.S. crude oil inventories increase by 5.5 million barrels

Weekly Crude Oil Storage as of December 20, 2019

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.5 million barrels from the previous week. At 441.4 million barrels, U.S. crude oil inventories …

Global Battery Energy Storage System Market Analysis, Trends, and Forecasts 2019-2025 – ResearchAndMarkets.com

Global Battery Energy Storage System Market Analysis, Trends, and Forecasts 2019-2025 – ResearchAndMarkets.com

December 27, 2019 - 11:41 am Press Releases
Source: Houston Chronicle

Oil holds above $60 as U.S. crude stockpiles seen shrinking

Houston Chronicle


Oil held above $60 a barrel before U.S. government data forecast to show that crude stockpiles declined again, mitigating concerns that global markets face a renewed surplus next year.

Futures rose 0.4 percent in New York. American crude …