All publications by tag «GAS»
2016, June, 19, 17:20:00
GAZPROM WILL ELIMINATE
For us it is a principal issue. Gazprom has launched a programme to optimise expenses in the central corridor which now has free capacities which also cost us money. We will hence liquidate 4,300 km of pipes and close 62 compressor stations.
2016, June, 19, 17:05:00
U.S. RIGS UP 10
U.S. Rig Count is up 10 rigs from last week to 424, with oil rigs up 9 to 337, gas rigs up 1 to 86, and miscellaneous rigs unchanged at 1.
Canadian Rig Count is up 4 rigs from last week to 69, with oil rigs down 1 to 28, gas rigs up 4 to 40, and miscellaneous rigs up 1 to 1.
2016, June, 16, 18:25:00
U.S. THE STEEPEST CUTS
The oil and gas industry will cut $1 trillion from planned spending on exploration and development because of the slump in prices, leading to slower growth in production.
2016, June, 16, 18:20:00
U.S. NEED MORE MONEY
We need tax policies that encourage investment in America’s abundant energy resources. It is because of our industry’s investments that the U.S. is the number one producer of oil and natural gas in the world while leading other countries in lowering carbon and other emissions. The industry also invests billions in low- and zero-emissions technologies to continue to drive down greenhouse gas emissions. This model has proven that we can protect the environment, grow our economy, and save consumers on average $1300 in energy costs per year.
2016, June, 16, 18:15:00
CHINEESE MONEY FOR RUSSIA
Among the major shareholders of Yamal LNG are local gas producer Novatek (50.1%), Total (20%) and CNPC (20%). The Silk Road Fund has become the second Chinese strategic investor in the project, after China National Petroleum Corp. (CNPC) provided $5 B of investment for Yamal LNG. Under the terms of the agreement, the Silk Road Fund will provide approximately $800 MM for the implementation of the project over the next several years.
2016, June, 16, 17:50:00
KASHAGAN: I'LL BE BACK
The Kashagan oilfield development project has been marred by delays and cost overruns. It first began producing in September 2013 but was halted two weeks later due to gas leaks.
2016, June, 16, 17:45:00
OIL PRICE DOWN TO $49
The August Brent crude contract on London’s ICE fell 52¢ to $48.93/bbl, its lowest settlement since June 3. The September contract was also down 49¢ to $50.33/bbl. The July gas oil contract settled at $443.50/tonne on June 14, down $9.75.
2016, June, 14, 18:25:00
U.S. OIL PRODUCTION DOWN 118 TBD
U.S. oil production down 118 tbd, natural gas production down 476 mcfd.
2016, June, 14, 18:10:00
NORWEGIAN OIL & GAS DOWN BY $50 BLN
Last year, Norway’s derived half of its oil and gas revenue from production taxes, 43% from the government’s direct ownership in oil and gas assets, and 7% from dividends paid by Statoil ASA, in which the government has a 67% stake.
2016, June, 14, 18:05:00
IRAN - OMAN GAS PIPELINE
The 400-kilometer pipeline, stretching from Iran to Oman is defined in two onshore and offshore sections. Land part of the gas pipeline extends for 200 kilometers from Rudan to Mobarak Mount in southern Hormozgan province. The seabed section between Iran and Sohar Port in Oman will stretch for another 200 kilometers.