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.
2016-04-03 16:00:00

BP & CNPC CONTRACT

BP & CNPC CONTRACT

BP PLC and China National Petroleum Corp. (CNPC) have signed a production-sharing contract for shale gas exploration, development, and production on Neijiang-Dazu block in China's Sichuan basin.

The deal, covering 1,500 sq km, is BP's first shale gas PSC in China, and is the first step in an expansive strategic cooperation pact signed by the two firms last October. CNPC will be operator for the project.

"We are looking forward to working together with CNPC on technology, operational, and subsurface techniques in unconventional resources," said Bob Dudley, BP Group chief executive officer.

BP's Energy Outlook for 2016 forecasts that by 2035 shale gas will account for a quarter of total gas produced globally and China will become the world's largest contributor to growth in shale gas production.

"As a new strategic industry for China, the exploration, development, and production of shale gas will significantly benefit China's energy mix in a long run," said Edward Yang, BP China president. The Chinese government previously set a shale gas production target of 1,060 bcf for 2020.

In its most recent report on shale oil and gas resources, the US Energy Information Administration estimates that China's technically recoverable shale gas reserves are 1,115 tcf, the largest in the world. Most of those resources are owned by state-owned CNPC and Sinopec Ltd.

CNPC and Royal Dutch Shell PLC in 2012 signed the first PSC for shale gas exploration, development, and production on the Fushun-Yongchuan block in Sichuan.

ogj.com

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Tags: BP, CNPC, CHINA, GAS
BP & CNPC CONTRACT September, 20, 09:05:00

OIL PRICE: ABOVE $55 YET

BP & CNPC CONTRACT September, 20, 09:00:00

GAS PRICES UP TO $3.146

BP & CNPC CONTRACT September, 20, 08:55:00

ЦЕНА URALS: $51,81591

BP & CNPC CONTRACT September, 20, 08:50:00

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

BP & CNPC CONTRACT September, 20, 08:45:00

RENEWABLE'S FUTURE

BP & CNPC CONTRACT September, 20, 08:40:00

TOTAL BUYS RENEWABLE

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Chronicle:

BP & CNPC CONTRACT
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.

BP & CNPC CONTRACT
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.

BP & CNPC CONTRACT
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.

BP & CNPC CONTRACT
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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Exchange Rates
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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
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