Energy Update

You are here

Home » Global Read

Ophir Energy says spending to fall further in 2016

Nov 11 (Reuters) - Oil explorer Ophir Energy Plc said it would cut capital expenditure next year and that spending this year would be towards the lower end of its forecast as falling oil prices continued to hurt.

UPDATE 1-China Oct natural gas production rises 1.4 pct - stats bureau

BEIJING, Nov 11 (Reuters) - China's production of natural gas rose just 1.4 percent in October from a year earlier to 10.4 billion cubic metres (bcm), official data showed on Wednesday, as worries about the broader economy slow the pace of demand growth for gas.

UPDATE 1-China preliminary Oct implied oil demand up 0.9 pct y/y

BEIJING, Nov 11 (Reuters) - China's implied oil demand rose 0.9 percent in October from a year ago, recovering from a slight dip the previous month as auto sales in the world's second-largest economy rose at their fastest pace since December 2014.

UPDATE 1-China power output falls for second month in Oct - stats bureau

BEIJING, Nov 11 (Reuters) - China's power output fell for a second month in a row in October, slipping 3.2 percent on a year ago to 445.4 billion kilowatt-hours (kWh), data showed on Wednesday, reflecting a slowdown in industrial demand.

UPDATE 1-China Oct coal output down 1.2 pct on yr at 317 mln T -stats bureau

BEIJING, Nov 11 (Reuters) - China produced 317 million tonnes of coal in October, down 1.2 percent from the same month last year, National Bureau of Statistics data showed on Wednesday, with struggling miners cutting output to minimise losses.

China Oct power output drops 3.2 pct on yr to 445.4 bln kWh -stats bureau

BEIJING, Nov 11 (Reuters) - China generated 445.4 billion kilowatt-hours (kWh) of power in October, down 3.2 percent from the same month a year ago, data from the country's statistics bureau showed on Wednesday.

China Oct coal output down 1.2 pct on yr at 317 mln T - stats bureau

BEIJING, Nov 11 (Reuters) - China produced 317 million tonnes of coal in October, down 1.2 percent from the same month last year, National Bureau of Statistics data showed on Wednesday, with struggling miners cutting output in order to minimise losses.

COLUMN-Fuel oil looks overvalued ahead of Chinese demand drop: Russell

LAUNCESTON, Australia, Nov 11 (Reuters) - - What will happen to all the fuel oil that used to be bought by small Chinese refiners?

Japan Oct average LNG spot price rises to $7.60/mmBtu

TOKYO, Nov 11 (Reuters) - Liquefied natural gas (LNG) spot prices for delivery in October to Japan, the world's biggest buyer, rose from the lowest level since Japan's government started publishing figures last year, official data released on Wednesday showed. The average spot LNG price rose to $7.60 per million British thermal units (mmBtu) last month from $7.40 per mmBtu in September, the lowest since March last year, the trade ministry said in a release.

UPDATE 1-Oil prices drop on rising stockpiles, Japan recession fears

* OPEC to meet Dec.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos