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November 2015

November 2015
November, 30, 20:00:00

$30 BLN FOR IRAN

“We are interested to come back to Iran when the sanctions are lifted and if the contracts are interesting,” Stephane Michel, Total’s head of exploration and production in the Middle East said at the conference. “We have worked in this country for a long time, so we know specific fields on which we’ve worked.”

November 2015
November, 30, 19:55:00

THE DIFFICULT TURKISH STREAM

The development of economic relations starting with the so-called suitcase trading of the early 1990s when Russian and Turkish tourists began to visit each other’s country, engaging in cross-border commerce, and ending with complex investment project such as Russia’s planned Akkuyu nuclear power plant in Turkey contributed to the softening of those rivalries.

November 2015
November, 30, 19:50:00

INDIA'S OIL WILL TAIL

India's production will tail off due to limited resources and relatively high costs for new projects, leading to more imports as economic growth picks up speed.

November 2015
November, 30, 19:45:00

2016: OIL DEMAND UP 2%

In its Energy Demand Forecast, the institute said the country's jet fuel demand is expected to increase 5.5% on year to 36.2 million barrels next year, compared with 34.4 million barrels estimated for this year.

November 2015
November, 30, 19:40:00

ROSNEFT & BP: 20%

The joint venture between Rosneft and BP based on Taas-Yuryakh Neftegazodobycha LLC will continue further development of the Srednebotuobinskoye oil and gas condensate field which is one of the largest fields in the Eastern Siberia. The JV will also undertake the development of suitable infrastructure for further exploration and development of the region’s reserves.

November 2015
November, 27, 20:00:00

SAUDI INVESTMENT TO INDONESIA

"Indonesia is an important country for Saudi Arabia, a rising global economy, we would like to be a part of the growth of Indonesia," Saudi Aramco CEO Amin H Al-Nasser said at the signing of the initial agreement to upgrade the Cilacap refinery in Indonesia's Central Java province.

November 2015
November, 27, 19:55:00

RUSSIA & SAUDI COOPERATION

"We highly value our interaction within consultations on the situation in the oil market between OPEC and leading non-OPEC producers," Novak said.

November 2015
November, 27, 19:50:00

UK LOST 5,000 JOBS

Britain's oil and gas sector has lost over 5,000 jobs since late 2014 as a slump in oil prices has severely squeezed oil companies' budgets and led to project cancellations.

November 2015
November, 26, 20:00:00

SHALE GAS: LESS 3%

Nowadays the proven shale gas reserves across the globe were estimated at about five trillion cubic meters, which was less than three per cent of the world's aggregate proven gas reserves.

November 2015
November, 26, 19:55:00

50 IRAN'S OIL&GAS PROJECTS

The government hopes international companies will commit at least $100 billion that Iran says it needs to boost oil-production capacity by more than 1 million barrels a day.

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