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.
2015-03-09 19:15:00

THE NEW RUSSIAN EMPIRE

THE NEW RUSSIAN EMPIRE

Lord Browne, the former BP chief executive, plans to exploit the collapse in oil prices to build a major new company using $10bn of Russian cash.

John Browne, who was appointed executive chairman of the oligarch-backed L1 Energy group last week, is scouring the industry to snap up assets at knock-down prices, said friends, who added that few outside observers have realised the huge ambitions Browne has to create a major global force in energy.

The man once dubbed the Sun King for his pre-eminence in the oil sector and who celebrated his 67th birthday last month, is said to be "enormously excited" about building a fossil-fuel business from almost scratch.

The venture will be based at first in Hamburg, where Browne was born into a British military family, but will focus future interests on North America and the Far East using debt and equity from the Russians.

Hamburg is home to the DEA oil company, recently bought for $7bn by L1 Energy from the German utility RWE. The Russians are expected to use DEA as a vehicle to build a much wider energy asset portfolio.

Approval of L1 Energy's purchase of DEA has been received from eight national and supranational authorities, including the European Union, Germany and Ukraine. The UK is the only government to oppose the transaction formally.

Ed Davey, the UK energy secretary, is concerned about the potential for DEA's North Sea production to be affected by future sanctions against Russia.

However, Browne is confident that a legal structure is in place that would avoid North Sea fields being affected by any further deterioration in relations between the Kremlin and the west.

Further major acquisitions are expected from L1, which is formally owned by the LetterOne holding group which was and controlled by Mikhail Fridman and other Russian oligarchs. There is already the prospect of L1 working with BP in a joint investment on a West Nile Delta project in Egypt.

Browne is clearing the decks to focus on his new venture. He has given up his chairmanship of the Riverstone private equity group and a similar post at British shale gas pioneer, Cuadrilla Resources.

On 1 January, Browne opted to end his role as the government's lead non-executive director. He was said to have transformed governance across Whitehall, bringing a more strategic and commercial focus to civil service activities.

He has also established – and become a spokesman for – the Glass Closet, an organisation established to campaign on gay and lesbian issues, particularly in the workplace. Browne is still chair of the Tate art gallery in London.

LetterOne, was set up by Fridman and co-investor German Khan two years ago to invest part of the $14bn they gained from selling a stake in the Moscow-based TNK-BP oil venture.

That joint venture was formed by Lord Browne and Fridman in 2003 but was bought by the Russian state-owned oil group Rosneft. BP received cash but also now holds a 20% in Rosneft.

Browne and Fridman had a bust-up previously, when one of the Russian's firms bought the assets of Chernogorneft, a Siberian oil company which had been declared bankrupt.

Chernogorneft had previously belonged to Sidanco, a Russian oil producer in which BP held a major stake. At one stage, BP asked Tony Blair to write to Vladimir Putin to pressurise the Russian leader to ensure that British interests in Chernogorneft were safeguarded.

However, Browne now speaks highly of Fridman, writing in his Beyond Business memoir: "Fridman was a superb negotiator. He would give you the feeling that he would rather forfeit everything than give up on a single crucial point. He was extremely focused on business."

theguardian.com

Tags: RUSSIA, BP, L1 ENERGY, LETTERONE, RWE, EUROPE, UK, OIL, PRICES,
THE NEW RUSSIAN EMPIRE September, 20, 09:05:00

OIL PRICE: ABOVE $55 YET

THE NEW RUSSIAN EMPIRE September, 20, 09:00:00

GAS PRICES UP TO $3.146

THE NEW RUSSIAN EMPIRE September, 20, 08:55:00

ЦЕНА URALS: $51,81591

THE NEW RUSSIAN EMPIRE September, 20, 08:50:00

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

THE NEW RUSSIAN EMPIRE September, 20, 08:45:00

RENEWABLE'S FUTURE

THE NEW RUSSIAN EMPIRE September, 20, 08:40:00

TOTAL BUYS RENEWABLE

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Chronicle:

THE NEW RUSSIAN EMPIRE
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.

THE NEW RUSSIAN EMPIRE
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.

THE NEW RUSSIAN EMPIRE
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.

THE NEW RUSSIAN EMPIRE
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.

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