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All publications by tag «GAS»

All publications by tag
2016, November, 11, 18:35:00
CONOCO DIVESTS AMERICA
ConocoPhillips has set its 2017 capital expenditures guidance at $5 billion, down 4% compared with its 2016 guidance of $5.2 billion and less than half of its 2015 capex and investments that totaled $10.1 billion. The firm recently cut its 2016 capex from $5.5 million.
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2016, November, 11, 18:30:00
NORWAY'S INVESTMENT DOWN 21%
Total investment in oil and natural gas extraction in Norway was 21% lower in the first half of 2016 compared with the first half of 2015, a decline of about 20.9 billion Norwegian kroner (US $3.5 billion). However, investment cuts have affected some segments of the industry more than others.
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2016, November, 9, 19:00:00
IMF WANTS MORE EGYPT
The IMF Executive Board will meet on Friday, November 11 to discuss Egypt’s request for financial assistance under an Extended Fund Facility (EFF) for the amount of $12 billion.
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2016, November, 9, 18:55:00
WBG WANTS MORE EGYPT
The World Bank welcomes Egypt’s recent economic and social reform measures including the floatation of the currency, measures to boost investment especially in Upper Egypt, adjusting energy prices to reflect market conditions, and strengthening the social safety net.
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2016, November, 9, 18:40:00
UK OIL & GAS CONFIDENCE
The North Sea oil and gas industry currently faces fierce global competition to attract investment, with the combined challenges of a low oil price, a maturing industry and uncertainty for the sector. Oil & Gas UK’s recently published Economic Report 2016 found that investment in the UK continental shelf has fallen to around £9 billion this year, from a record £14.8 billion in 2014, illustrating the difficulty for investors in accessing finance for asset development.
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2016, November, 9, 18:30:00
RUSSIAN GAS FOR GERMANY: UP TO 23%
Gazprom’s supplies to the German market continued to grow, rising 23 per cent this September and 20.4 per cent this October versus the corresponding months of 2015.
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2016, November, 8, 18:40:00
TOTAL & CNPC: IRANIAN DEAL
Iran wants $200bn of investment in its energy industry over the next five years in order to raise production. Until now the country has been struggling to persuade overseas energy companies to commit amid wrangling over the contract terms offered by Tehran.
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2016, November, 7, 18:45:00
CHINA'S SHALE GAS UP
Sinopec Ltd. reported that Fuling shale gas field in southwestern China produced a cumulative 3.76 billion cu m of gas from January to September. The 107% increase in production was accompanied by additional processing capacity of 5.5-6.5 bcm, the company said. In 2014, Sinopec announced plans to bring production capacity to 10 bcm/year by 2017.
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2016, November, 7, 18:40:00
MEXICO'S POTENTIAL: $415 BLN
After a decade of volatile GDP growth and steadily increasing gas and power demand, Mexico continues to progress toward an unbundling of the monopolies Pemex and CFE once held over its gas and power sectors. According to a recent study by Wood Mackenzie, these reforms have created the potential for approximately US$415 billion in investment over the next two decades as the country builds pipelines, develops a renewables market to meet clean energy targets, and sets the stage for M&A.
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2016, November, 7, 18:35:00
WORLDWIDE RIG COUNT DOWN 466
The worldwide rig count for October 2016 was 1,620, up 36 from the 1,584 counted in September 2016, and down 466 from the 2,086 counted in October 2015.