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May 2016

May 2016
2016, May, 24, 19:40:00
PETROPARS & SHELL INVESTMENTS
Established in 1998, Petropars was founded to contribute toward the development of Iran’s vast energy resources. It specializes as a developer of exploration, exploitation and production in upstream projects.
May 2016
2016, May, 24, 19:35:00
BP CHANGES STRATEGY
BP has the lowest amount of pre-FID (final investment decision) resource, which leads to the weakest future growth rates.
May 2016
2016, May, 24, 19:30:00
CHINA - MOZAMBIQUE COOPERATION
CNPC and Mozambique’s national oil and gas company ENH have signed a cooperation framework agreement under which the two sides will reinforce cooperation in oil and gas exploration and production, and natural gas processing and marketing.
May 2016
2016, May, 23, 21:00:00
OIL PRICES DOWN TO $48
Brent futures LCOc1 were down 18 cents at $48.54 a barrel as of 0421 GMT, after ending the previous session 9 cents down. U.S. crude futures CLc1 fell 26 cents to $48.15 a barrel, having settled down 41 cents in the previous session.
May 2016
2016, May, 23, 20:55:00
АСЕАН: РАСТУЩИЙ РЫНОК
Министр энергетики отметил, что страны АСЕАН являются одними из наиболее быстро растущих в мире по темпам роста объемов потребления энергии. «Сегодня в этом регионе потребляется вдвое меньше энергии, чем в среднем по миру, при этом с 1990 г. энергопотребление выросло в 2,5 раза», - отметил Александр Новак. По его словам, эта тенденция открывает для России «окно возможностей», связанных с поставками энергоресурсов, технологий и оборудования.
May 2016
2016, May, 23, 20:50:00
RUSSIA & CHINA OIL RECORD
China's crude oil imports from Russia surged 52.4 percent in April from a year earlier to reach a record 1.17 million barrels per day (bpd), customs data showed on Monday, ahead of the previous record of 1.13 million bpd in December.
May 2016
2016, May, 23, 20:45:00
JAPAN'S INVESTMENT DOWN BY 40%
International Energy Agency (IEA) Executive Director Fatih Birol said last month that global upstream investment fell by 24 percent in 2015 and is set to fall by 18 percent in 2016.
May 2016
2016, May, 23, 20:40:00
JAPAN PAY LESS
The average price of LNG shipments into the country was about $6.32 per million British thermal units in April, the least since August 2005, according to Bloomberg calculations based on preliminary data from the Ministry of Finance. Prices are expected to rebound in coming months as crude values have surged, according to Junzo Tamamizu, managing partner at Clavis Energy Partners LLC.
May 2016
2016, May, 23, 20:35:00
LEVIATHAN APPROVED
Leviathan, one of the largest offshore discoveries of the past decade, was found in the eastern Mediterranean in 2010 and has been mostly earmarked for exports.
May 2016
2016, May, 23, 20:30:00
KCA DEUTAG LOSS $29 MLN
The KCA Deutag Way is the combination of worldwide standards, tried and tested policies and procedures, pragmatic work guidelines and core behaviours that help us live and work by our values. It governs how we behave as colleagues and as a company. It ensures we operate safely, succeed globally and our customers enjoy a world class service.