石油天然气钻头星期二分析师bin guancicc实习工作相关en update.pdfVIP

CICCOilGas

drillbits

Tuesday,Dec16,2014CST

Analyst:BinGuan

～～～tostopnewcoal-to-gasprojectsinfiveyears;OPECheadsaysnooil

targetpriceset

[PriceUpdate]

Lastnight,crudeJanprice:WTI=US$55.9/bbl,down3.3%;Brent=US$61.06/bbl,down

1.3%.

Factorstodriveup(+ve)/down(-ve)prices

[-ve]

OPECandUAEstressnoproductioncuttoboostprice.

[Newshighlights]

»tostopnewcoal-to-gasprojectsinfiveyears

ItisreportedbyEnergyNewsthatinthe13thfive-yearplan,willceaseto

buildnewcoal-to-gasprojects.Coal-to-liquidscanonlybeusedasastrategicreserveand

coal-to-olefinisalsorefrainedtoamoderatedevelopment.

15Dec,2014»Source:Energy»337638.html(CN)

»OPECheadsaysnooiltargetpriceset

TheheadofOPEConSundaysaidthegrouphasn’tsetafixedoil-pricetarget,andurged

exportersfromtheGulftocontinuetoinvestinexplorationandproductionevenasadecline

intheoilpricecrimpsrevenue.

U.A.E.EnergyMinisteralsosaidthatOPECwillrefrainfromcurbingoutputevenifprices

fallaslowas$40abarrel.

15Dec,2014»Source:WallStreetJournal»ttp://

1418559238

»Cnoocsays$2billionUgandaoilfielddevelopmentoncourse

CnoocsaidFridaythatthedevelopmentofits$2billionKingfisheroilfieldinUganda

remainsoncoursedespitetumblingglobalcrudeprices.

14Dec,2014»Source:Capital»

[StockPerformance]

oilsADRpricemovementlastnight

Pet(PTRUS),up1.5%,2.8%HKcls

Sinopec(SNPUS),up0.3%,1.9%HK

CNOOCLtd(CEOUS),down0.2%,3.1%HK

COSL(CHOLYUS),up2.5%,2.7%HK

ShanghaiPetrochem(SHIUS),up0.6%,1.5%HK

o