Дорогие друзья! Больше трех лет я рассказываю вам об основных новостях, событиях, трендах на мировом рынке нефти и газа. Я делаю это бесплатно и без рекламы. Поэтому я прошу вас о помощи. Wognews нуждается в развитии. Вас больше 20 000 человек из более чем 80 стран мира. Если каждый пожертвует небольшую сумму денег, 500 или 1000 рублей, или больше, wognews станет лучше. Спасибо, Владимир Виноградов, основатель wognews.

Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2014-08-04 18:25:00

SANCTIONS: AUSTRIA WILL COPE

SANCTIONS: AUSTRIA WILL COPE

Austria will feel a pinch but be able to handle European sanctions against Russia over its role in Ukraine's political crisis, Economy Minister Reinhold Mitterlehner said.

Companies in the high-tech and agricultural sectors would feel the impact the most, he told broadcaster ORF in an interview aired on Saturday. "But overall I think we will cope with the sanctions," he added.

Mitterlehner did not specify which companies might be hit by the sanctions formally adopted by the European Union on Thursday, which include export bans on advanced oilfield equipment.

Shares in Cat Oil AG, a Vienna-based oil and gas field service contractor, fell on Friday after it said Russia sanctions could slow its growth.

The Austrian steel group Voestalpine is in talks to supply heavy steel plates for the second pipeline of Gazprom's giant South Stream gas transit to Europe.

It was part of the OMK consortium that won work for the first South Stream pipeline.

Mitterlehner also did not say whether limits on exports of farm products were new or referred to bans from earlier this year on certain dairy and meat products amid hygiene issues cited by Russia.

He played down talk that the political crisis could boost prices for Russian energy.

"I have seen the Russian statements but I expect that, (because) we have long-term contracts, it will not be so easy to raise prices," he said, stressing the mutual dependency of Russia and Europe on reliable energy supplies.

"Secondly, a unilateral price increase will lead to and accelerate thinking about alternatives to diversify, so I see the threat of operating on the price side more as a verbal threat than a realistic approach."

Russia accounts for 2.8 percent of overall Austrian exports, he said. "This is important but doesn't mean the world."

reuters.com

Tags: SANCTIONS, RUSSIA, AUSTRIA, EU, CAT, OIL, GAS
SANCTIONS: AUSTRIA WILL COPE September, 20, 09:05:00

OIL PRICE: ABOVE $55 YET

SANCTIONS: AUSTRIA WILL COPE September, 20, 09:00:00

GAS PRICES UP TO $3.146

SANCTIONS: AUSTRIA WILL COPE September, 20, 08:55:00

ЦЕНА URALS: $51,81591

SANCTIONS: AUSTRIA WILL COPE September, 20, 08:50:00

U.S. OIL + 79 TBD, GAS + 788 MCFD

SANCTIONS: AUSTRIA WILL COPE September, 20, 08:45:00

RENEWABLE'S FUTURE

SANCTIONS: AUSTRIA WILL COPE September, 20, 08:40:00

TOTAL BUYS RENEWABLE

All Publications »

Chronicle:

SANCTIONS: AUSTRIA WILL COPE
September, 20, 08:35:00

BP - AZERBAIJAN OIL DEAL

BP and its partners in Azerbaijan's giant ACG oil production complex agreed Thursday to extend the production sharing contract by 25 years to 2049 and to increase the stake of state-owned SOCAR, reducing the size of their own shares.

SANCTIONS: AUSTRIA WILL COPE
September, 20, 08:30:00

U.S. DEFICIT UP TO $123.1 BLN

The U.S. current-account deficit increased to $123.1 billion (preliminary) in the second quarter of 2017 from $113.5 billion (revised) in the first quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit increased to 2.6 percent of current-dollar gross domestic product (GDP) from 2.4 percent in the first quarter.

SANCTIONS: AUSTRIA WILL COPE
September, 18, 12:35:00

OIL PRICE: ABOVE $55

U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading up 41 cents, or 0.8 percent, at $50.30 by 0852 GMT, near the three-month high of $50.50 it reached last Thursday. Brent crude futures LCOc1, the benchmark for oil prices outside the United States, were at $55.91 a barrel, up 29 cents, and also not far from the near five-month high of $55.99 touched on Thursday.

SANCTIONS: AUSTRIA WILL COPE
September, 18, 12:30:00

RUSSIA - CHINA - VENEZUELA OIL

“The principal risk regarding Russian and Chinese activities in Venezuela in the near term is that they will exploit the unfolding crisis, including the effect of US sanctions, to deepen their control over Venezuela’s resources, and their [financial] leverage over the country as an anti-US political and military partner,” observed R. Evan Ellis, a senior associate in the Center for Strategic and International Studies’ Americas Program.

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00