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Oil&Gas

Oil&Gas
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.

Oil&Gas
2016, May, 22, 15:45:00

СОТРУДНИЧЕСТВО РОССИИ И ЛАОСА

В настоящее время российские компании изучают возможности развития сотрудничества с лаосскими партнёрами в нефтегазовой и электроэнергетической сферах.

Oil&Gas
2016, May, 22, 15:40:00

СОТРУДНИЧЕСТВО РОССИИ И ИРАКА

В ходе переговоров стороны обменялись мнениями по ключевым аспектам повестки дня двустороннего сотрудничества в области энергетики, уделив особое внимание текущему статусу реализации российскими компаниями крупных проектов в ТЭК Ирака. А. Аль-Файяд высоко оценил уровень двустороннего взаимодействия, отметив, что Багдад заинтересован в дальнейшем привлечении российских инвестиций в экономику Ирака.

Oil&Gas
2016, May, 22, 15:25:00

THE NEW NORWEGIAN LICENSES

The Barents Sea is characterized by low exploration maturity with a high resource potential. Operators have discovered 3.3 billion boe in the Barents Sea since exploration began, and the region has an estimated undiscovered potential of 7.6 billion boe. About 5 billion boe is expected to gas and condensate.

Oil&Gas
2016, May, 22, 15:15:00

PAPUA NEW GUINEA: $2.2 BLN

Oil Search Ltd. has moved to consolidate natural-gas developments on Papua New Guinea with a US$2.2 billion deal to buy U.S.-listed midsize energy company InterOil Corp amid a growing natural gas glut.

Oil&Gas
2016, May, 22, 15:10:00

BENEFITS OF UKRAINIAN TIPS

The US officials gave a positive assessment of Ukraine's sourcing of gas from Europe and the ongoing reform at Naftogaz and Ukraine’s gas market. They also commended the implementation of the corporate governance reform, which was based on OECD principles for state-owned enterprises.

Oil&Gas
2016, May, 22, 15:05:00

U.S. OIL DEMAND UP, PRODUCTION DOWN

Crude oil production fell 7.8 percent from April 2015 to average 8.9 million barrels per day in April, the lowest output level in 20 months. Natural gas liquids (NGL) production, a co-product of natural gas production, rose from prior year. NGL production in April averaged 3.3 million barrels per day, 0.7 percent higher than last year. This was the highest April output level on record.

Oil&Gas
2016, May, 22, 15:00:00

U.S. RIGS DOWN 2

U.S. Rig Count is down 2 rigs from last week to 404, with oil rigs unchanged at 318, gas rigs down 2 to 85, and miscellaneous rigs unchanged at 1. Canadian Rig Count is up 1 rig from last week to 44, with oil rigs unchanged at 16, gas rigs up 1 to 27, and miscellaneous rigs unchanged at 1.

Oil&Gas
2016, May, 19, 20:50:00

U.S. ENERGY DEBT: $370 BLN

"[Oil’s recent rise] is not enough," said Dicker. "You can’t find the financing to keep the lights on at $50 oil. Most of these guys won’t be able to keep the lights on at $65 or $70 oil."

Oil&Gas
2016, May, 19, 20:45:00

U.S. BANKRUPTCY UP - 2

Many companies on the teetering on the brink of insolvency find themselves buried under high interest rates and lack of deployable capital due to low commodity prices. Many banks have cut oil company credit lines as part of the semi-annual review by lenders. But the combined $8.9 billion in debt between the eighteen companies still looms ever menacingly in the background.

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