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June 2015

June 2015
2015, June, 4, 18:55:00
EUROPE GAS DEMAND
Examining the essential gas transmission infrastructure projects in Europe alone - without taking into account the upstream sector – according to the European Commission, investments of at least 70 billion EUR are required by 2020, while EU funding will provide €4.7 billion for both gas and electricity PCIs between 2014 and 2020, subject to final approval of the European Fund for Strategic Investments (in 2015).
June 2015
2015, June, 4, 18:50:00
RUSSIAN GAS FOR EVERYONE
Russia is still likely to be Europe's biggest supplier of gas. Volume-wise, no one will be able to compete with Russia in Europe, at least for the next two decades.
June 2015
2015, June, 4, 18:45:00
RUSSIA & CHINA: TO 100 BLN
The volume of gas supply via the western route might be boosted to 60 and to 100 billion cubic meters of gas a year.
June 2015
2015, June, 4, 18:40:00
OPEC SAW $70 - 80
Nearly a year after oil markets entered a deep downward spiral, unmoored from the $100-a-barrel mark that had anchored them for years, some OPEC members are publicly talking for the first time about a new "fair" price for their crude.
June 2015
2015, June, 4, 18:35:00
U.S. OIL UP
U.S. oil production has grown rapidly in recent years. EIA data, which reflect combined production of crude oil and lease condensate, show a rise from 5.6 million barrels per day (b/d) in 2011 to 7.5 million b/d in 2013, and a record 1.2 million b/d increase to 8.7 million b/d in 2014.
June 2015
2015, June, 4, 18:30:00
NO SHALE REVOLUTION
There will be no US-style shale gas revolution in Europe, the president of the International Gas Union (IGU) has told
June 2015
2015, June, 4, 18:25:00
5 IRAN'S REASONS
The agreement struck between the five permanent members of the UN Security Council plus Germany (P5+1) and Iran on March 2 paved the way for a comprehensive deal to begin lifting sanctions in late June. Iran has been off limits to most foreign investors for nearly a decade. Unsurprisingly, it is regarded as El Dorado by many international corporations, particularly those in the energy sector.
June 2015
2015, June, 4, 18:15:00
EXXON: RISING VS CUTTING
Exxon is the world’s largest listed energy group, and like all big international oil companies it is facing structural challenges that make it difficult for it to grow. Stability while throwing off a lot of cash may be the best they can do.
June 2015
2015, June, 4, 18:10:00
RUSSIA ORIENTED WINTERSHALL
Wintershall will continue investing in its core regions, with Russia remaining the most important area for the company.
June 2015
2015, June, 4, 18:05:00
OPTIMISTIC OPEC: BELOW $100
OPEC oil ministers expressed optimism about their strategy of pumping more crude oil and fighting for market share, amid expectations they will stick to their production target when they meet at the end of the week.