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December 2015

December 2015
2015, December, 16, 19:40:00
VOLATILITY OIL PRICES
Flexibility and the ability to survive through the price cycle are more important to oil producers and consumers than flaky forecasts about where prices are going over the next 3, 5 or 10 years.
December 2015
2015, December, 16, 19:35:00
ISIS NEEDS OIL
The United States has estimated Islamic State was selling as much as $40 million a month of oil, which was then spirited on trucks across the battle lines of the Syrian civil war and sometimes farther.
December 2015
2015, December, 16, 19:30:00
INDONESIA WOULDN'T TRY
Indonesia wouldn’t try to block an OPEC decision to throttle back output “as long as we wouldn’t get cut,” the country’s OPEC Governor Widhyawan Prawiraatmadja said in an interview in Jakarta on Tuesday. “We are new, we like to listen, to observe,” he said, adding he didn’t know what price level would trigger an extraordinary OPEC meet.
December 2015
2015, December, 16, 19:25:00
SUNCOR: STRATEGY WITHOUT HOPE
Suncor Energy today announced that it is sending a letter to shareholders of Canadian Oil Sands Limited ("COS"). The letter outlines the value of Suncor's offer to purchase all of the shares of COS against the poor performance and track record of COS and what Suncor believes are the severe risks facing COS as an independent company both now and in the future. Suncor strongly encourages COS shareholders to tender to its offer.
December 2015
2015, December, 15, 20:00:00
OIL PRICES DOWN
Brent LCOc1, the global benchmark, was at $37.74 at 0440 GMT, down 18 cents from its last settlement after rising slightly earlier on Tuesday.
December 2015
2015, December, 15, 19:55:00
MOODY'S ДЕШЕВЛЕ
Международное рейтинговое агентство Moody's ухудшило свой прогноз по цене нефти марки Brent в 2016 году до 43 долларов за баррель с ожидавшихся ранее 53 долларов за баррель в связи с тем, что высокий уровень добычи нефти значительно превысил рост ее потребления.
December 2015
2015, December, 15, 19:50:00
ISIS HEAVY INCOME
The situation is complicated further by ISIS operating largely on a cash basis, making it difficult to impose sanctions, the witnesses said. Financial pressure could be applied on entities and governments in adjacent countries that do business with the group.
December 2015
2015, December, 15, 19:45:00
GAS PRICES DOWN
Natural-gas prices plunged to a 14-year low, as the warmest start to winter on record in the U.S. saps demand for the heating fuel and deals another blow to struggling energy companies.
December 2015
2015, December, 15, 19:40:00
TAPI STARTS: $10 BLN
Turkmenistan on Sunday began building its segment of a natural gas pipeline to Afghanistan, Pakistan and India (TAPI), a $10 billion project designed to ease its dependence on Russia and China.
December 2015
2015, December, 15, 19:35:00
SHELL WANTS TO LEAVE
Shell is consulting experts and commercial partners about what to do with the reinforced concrete base structures, each of which rises 160m from the seabed and weighs about 300,000 tonnes. The low oil price has put companies under pressure to shut facilities as cheaply as possible.