6月2日会议上,OPEC成员国再次拒绝冻产提案,OPEC将继续维持现今的“石油产量自由化”政策。但是,成员国部长一致看好国际石油市场的未来走势。
由于OPEC未能就新的产量目标达成协议,Brent原油价格下降。虽然油价下降,但是此次会议气氛相比于去年12月份的OPEC会议缓和了许多,这也为OPEC任命尼日利亚人Mohammed Barkindo为新任秘书长创造了条件。周五,油价上升5%,升至50.09美元/桶。
气氛缓和意味着两点改变:第一,新任沙特石油部长希望其首次出席的OPEC会议获得成功;第二,自2月份以来油价回升80%,这让各国部长坚信抢占市场份额的正确性。
会前,沙特曾建议实施冻产,并真诚希望此次会议成功。但这一提议仅是象征性的意见,没有哪个国家表明了冻产意向。
虽然分析家也认为国际石油市场供求趋向平衡,但是OPEC依然难以恢复之前的市场支配力。成员国中最具势力的沙特和伊朗受区域矛盾影响,关系依然紧张。此外,加拿大和尼日利亚的石油供应中断虽然促使油价上升,但是这一情况仅是暂时的。石油圈原创www.oilsns.com
来自/Bloomberg 6月2日消息 编译/赵宁
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OPEC will stick to its policy of unfettered production after members rejected a proposal to adopt a new output ceiling, but ministers were united in their optimism that global oil markets are improving.
While crude prices dipped briefly after Thursday’s meeting, there was little of the rancor that punctuated last December’s gathering. The more harmonious atmosphere meant the group was able to appoint a new secretary-general -- Nigeria’s Mohammed Barkindo -- something it hadn’t been able to agree on since 2012.
“The atmosphere in today’s meeting was calm without any tensions,” Iranian Oil Minister Bijan Zanganeh, whose disagreements with his Saudi counterpart had unsettled previous meetings. There is “very good unity” among members, he said.
The change of mood reflects two developments: a Saudi Arabian oil minister determined to make his first meeting a success and, more importantly, the 80 percent rally in oil prices since January that’s made ministers confident OPEC’s two-year old strategy of trying to win market share from higher-cost producers is working.
“There is a strong willingness to re-establish OPEC’s credibility, strengthen its voice while also bringing greater stability in the oil market,” said Alexandre Andlauer, head of oil and gas at financial research firm AlphaValue. “This is a clear Saudi ambition.”
While analysts agree supply and demand in the global oil market is much closer to balance than December, hurdles remain to OPEC regaining the market power it once enjoyed. Relations between the group’s two most powerful members -- Saudi Arabia and Iran -- remain strained by their regional rivalry, global stockpiles are at record levels and the field outages in Canada and Nigeria that have helped drive prices higher may prove temporary.
Brent oil fell on news of no OPEC output agreement before climbing to a seven-month high in London after the U.S. reported a drop in stockpiles. Prices were little changed Friday, with the international benchmark adding 14 cents to $50.18 a barrel at 2:16 p.m. Singapore time. The grade is still less than half its value before the Organization of Petroleum Exporting Countries decided to pump at full pelt in 2014.
In a briefing after the meeting Thursday, Saudi Arabia’s oil minister Khalid Al-Falih said there were reasons to remain cautious despite the improving market balance.
“We are concerned about high inventories,” he said. “We need to see a steady deficit at a reasonable level.”
Before the meeting, Saudi Arabia had floated the idea of restoring a group production ceiling as a gesture to show it had no plans to flood the market and it was serious about making the meeting a success. The proposal would have been largely symbolic and there was no suggestion anyone would cut production.
Ministers decided a cap wasn’t necessary at this stage. OPEC needs more time to come up with a new output new ceiling, outgoing Secretary-General Abdalla El-Badri said after the meeting, adding that it’s hard to find a target when Iranian production is rising and significant Libyan volumes are halted.
Iran has rejected any cap on output as it restores volumes following the removal of sanctions in January. The country’s refusal to participate in a production freeze proposed earlier this year prompted Saudi Arabia to block a deal between OPEC and Russia in April.
After that April meeting in Qatar -- the final appearance of former Saudi Oil Minister Ali Al-Naimi after two decades in the post -- Saudi Arabia had seemed ready to go it alone in global oil markets. A view supported by comments made by the powerful Deputy Crown Prince Mohammed bin Salman, who said the kingdom no longer cares about oil prices.
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尼石油资源部周五发表声明,已向绿色能源国际有限公司(Green Energy International Limited)颁发了许可证,批准该公司在河流州建造一个液化石油气工厂。此前,尼日利亚国家石油公司(NNPC)已经和承包商就该项目的设计、采购、施工、测试和输气管道融资签订了相关合同。 绿色能源国际有限公司法律和公司事务部主管Olusegun Ilori表示,该工厂预计日产1200万标准立方英尺液化石油气,其中部分液化石油气将以瓶装的方式出售给周边地区的小型工厂。
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Political turmoil in Brazil shouldn’t stop Petrobras from completing asset sales it has already opened up to bidders, according to one company vying for the state-controlled driller’s Bauna offshore field.
An impeachment process against President Dilma Rousseff that could force her to temporarily step down as early as this week shouldn’t derail any ongoing negotiations, Petro Rio SA Chief Financial Officer Blener Mayhew said. Still, the political uncertainty will complicate any moves by Petroleo Brasileiro SA, as it is formally known, to put new assets on the market, Mayhew said.
"Petrobras will need to put other assets for sale, and political instability will affect that,” Mayhew said in an interview from Houston last week. "For what is already for sale, it makes no difference.”
Petro Rio bid about $500 million for Bauna and expects Petrobras to announce a decision as early as this month, Mayhew said. Petrobras is marketing offshore oil and natural gas fields worth about $2 billion, two people familiar with the matter said last month. Petrobras didn’t immediately provide comment on its divestment program when contacted by phone.
Petrobras, the world’s most indebted oil company, has a $15.1 billion divestment target for 2015 and 2016 as its main plan to reduce leverage. The producer has so far only announced sales worth about $2.1 billion, some of which still need board approval.
Last week, the company announced it had agreed to sell assets in Argentina and Chile for about $1.4 billion as it looks to raise cash and focus on deep-water projects in Brazil.
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(Bloomberg) -- Schlumberger Ltd. cut another 2,000 jobs in the first quarter as the world’s largest provider of oilfield services sees the industry in a full-scale crisis.
The reduction sent the company’s global headcount down to about 93,000 at the end of the first quarter, Joao Felix, a spokesman for the company, said by e-mail.
“The decline in global activity and the rate of activity disruption reached unprecedented levels as the industry displayed clear signs of operating in a full-scale cash crisis,” Chairman and Chief Executive Officer Paal Kibsgaard said in an earnings report Thursday.
Profit fell as the company adjusts to shrinking margins in North America during the worst crude market crash in a generation.
First-quarter profit declined to $501 million, or 40 cents a share, from $975 million, or 76 cents, a year earlier, the Houston- and Paris-based company said in a statement Thursday. The profit was 1 cent more than the 39-cent average of 37 analysts’ estimates compiled by Bloomberg.
Oil prices are up despite abundance. There's still a glut of crude supply, but oil prices still managed to rise on Monday as stronger margins for refiners supported the market. This is due, in part, to an improvement in the gasoline crack margin. [The Wall Street Journal]
It's only temporary, folks. Oil is coming back up. OPEC is optimistic about the oil market on Monday, saying the recent decline in oil prices is only temporary. They said a higher demand is expected in third and fourth quarters. [Platts]
Who's on top for the second quarter? Forbes breaks it down. After second quarter earnings reports have come in for most U.S. oil and gas producers, Forbes ranks the Top 10 U.S. companies. ConocoPhillips, EOG Resources and Anadarko top the list. [Forbes]
Es Sider port to be up and running by next month. Libya started maintenance on it's largest export terminal with hopes to increase output from the African nation. Exports should resume in September. The port has been closed since December 2014 after attacks from armed groups shut it down.
Road Trip! U.S. oil prices at their lowest in 12 years. Seasonal gas prices in U.S. are the lowest since 2004 with the national average price on Sunday at $2.12. This is 50 cents less than last year and $1.36 less than two years ago, but still 24 cents higher than the average price 12 years ago.
Pipeline project rejuvenated. Bulgaria and Russia are restarting work on the cancelled South Stream natural gas pipeline, which goes across the Black Sea and Belene nuclear power plant. The project was initially cancelled because the pipeline would have violated competition rules in the EU. [Bloomberg]
Claims of oil market rigging from Wall Street. Wall Street commodity market veterans have accused BP of manipulating the crude market in 2014 in order to get a better price on a deal, a manipulation that cost the firm $33 million. BP says it's not so. [Bloomberg]
China selling pipeline open funds to steer away from coal. China Petroleum & Chemical plans to sell 50 percent of its stake in a major trans-China natural-gas pipeline because they want to raise capital and fund exploration with the goal of reducing China's reliance on coal. [Epoch Times]
The death toll rises in Angola. Soldiers and rebels clashed in Angola's oil-producing Cabinda enclave. Rebels say they want independence from Chinese-owned companies in a region that accounts for half of Angola's oil output.
Low oil prices affect European inflation. Even though Brexit and threats of terrorism didn't seem to have that large of an effect on the hopes of higher inflation, the new decline in oil prices dampens the European Central Bank's hopes for a future increase. [Bloomberg]
SANTIAGO, June 13 (Reuters) - Chilean state oil company ENAP has signed a deal with ConocoPhillips to explore and eventually exploit gas deposits in the nation's remote southern Magallanes region, a source familiar with the agreement confirmed on Monday.
Local newspaper El Mercurio first reported the deal in which ENAP will retain a 51 percent stake in the project. A source speaking to Reuters on condition of anonymity confirmed the agreement.
The project will be rolled out in phases depending on the success of each stage, with ConocoPhillips possibly investing between $70 and $100 million over the next four years, according to the paper.
ENAP CEO Marcelo Tokman told Chile's La Tercera newspaper earlier in June that it was planning to solicit outside funding in 2016 to fund an ambitious $800 million investment plan, which included gas exploration in Magallanes.
ENAP, Chile's main oil refiner and a key provider of fuel to the domestic market, produces little crude oil but has invested heavily in gas exploration in the southern part of the country.
HOUSTON --- Kinder Morgan旗下子公司Elba Liquefaction Company (ELC)和Southern LNG Company (SLNG)已获得联邦管理委员会(FERC)对Elba Liquefaction Project的许可。
2012年,能源部批准Elba Liquefaction Project向自由贸易区国家出口天然气。目前,该项目正在申请向非自由贸易区国家出口天然气。该项目价值大约20亿美元,位于Georgia 州Savannah 市附近的Elba Island LNG Terminal。Elba Liquefaction Project每年可出口250万吨LNG,共有10个液化装置,第1个液化装置将于2018年第二季度投入使用,而剩余9个液化装置将在2018年年末之前投入使用。石油圈原创www.oilsns.com
Kinder Morgan还表示:FERC已经向Elba Express Company (EEC)和Southern Natural Gas Company (SNG)颁发了EEC Modification Project和SNG Zone 3 Expansion Project的公共服务许可证(Certificates of Public Convenience and Necessity)。
来自/World Oil 6月5日消息 编译/赵宁
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HOUSTON -- Kinder Morgan subsidiaries Elba Liquefaction Company (ELC) and Southern LNG Company (SLNG), have received authorization from the Federal Energy Regulatory Commission (FERC) for the Elba Liquefaction Project.
The approximate $2-billion project will be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia. The first of 10 liquefaction units is expected to be placed in service in the second quarter of 2018, with the remaining nine units coming online before the end of 2018. This project is supported by a 20-year contract with Shell.
Kinder Morgan also announced that Elba Express Company (EEC) and Southern Natural Gas Company (SNG) have received from FERC Certificates of Public Convenience and Necessity for the EEC Modification Project and SNG Zone 3 Expansion Project, respectively.
Together these projects total $306 million and include additional compression and related work for north-to-south capacity expansions on Elba Express Pipeline that will supply additional gas to industrials and utilities in Georgia and Florida and to Elba Island for liquefaction. Facilities for these pipeline projects are expected to be placed in service late in the fourth quarter of 2016.
In 2012, the Elba Liquefaction Project received authorization from the Department of Energy to export to FTA countries. An application to export to non-FTA countries is pending, but is not required for the project to move ahead.
The liquefaction project is expected to have a total capacity of approximately 2.5 million tonnes per year of LNG for export, equivalent to approximately 350,000 Mcfgd.
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