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Trends

Trends
2015, February, 23, 20:20:00
NORWAY FINISH
The Scandinavian country is one of the wealthiest nations in the world, thanks to 40 years of North Sea oil production. The global financial crisis barely registered amid decades of almost nonstop growth.
Trends
2015, February, 23, 20:15:00
OIL PRICES FOR BANKS
Low oil prices to hurt Canadian banks more than U.S. counterparts
Trends
2015, February, 21, 22:15:00
EUROPE NEED LNG
Europe is luring twice as many liquefied natural gas (LNG) tankers as last year and more are expected in what is now the premium-priced market after a year-long demand slump in Asia.
Trends
2015, February, 21, 22:00:00
THE LARGEST EOG CUTS 40%
EOG Resources, the largest US shale oil producer, expects its rapid production growth of recent years to come to a halt in 2015, in the starkest sign yet of how weak crude prices are hitting the industry. The company told analysts on a call on Thursday that it was “intentionally choosing returns over growth”.
Trends
2015, February, 21, 18:30:00
TURKEY STREAM IN EXECUTION
The project to construct a new gas pipeline with a capacity of 63 billion cubic meters from Russia to Turkey has entered the execution stage, Russian energy giant Gazprom has said by a written statement on late Feb. 24.
Trends
2015, February, 20, 22:25:00
EUROPE: WHERE IS LNG?
There was no clear answer to the question of where LNG for Europe might come from in a session devoted to the topic at the European Gas Conference in Vienna, Austria, but that didn't mean that panel participants were unable to provide a wealth of information and insights to the discussion.
Trends
2015, February, 20, 22:20:00
UKRAINE GAS PRICES UP 280%
Ukraine has agreed to increase the cost of gas to consumer by 280 percent, and 66 percent for heating, as part of the IMF terms for getting extra financial aid, says Valery Gontareva the head of the National Bank of Ukraine.
Trends
2015, February, 20, 22:05:00
SHALE OIL&GAS IN FOUR COUNTRIES
Shale gas and tight oil are commercially produced in just four countries
Trends
2015, February, 20, 22:00:00
2014 - 15: U.S. GROWTH
The United States, in contrast, showed robust economic and employment growth in 2014, which is forecast to continue through 2015.
Trends
2015, February, 20, 21:55:00
U.S. LOST 562 RIGS
BHI: US rig count continues 11-week dive, loses 98 more units
Trends
2015, February, 20, 21:40:00
EARTHQUAKE IN DUTCH
An independent Dutch safety panel has found that the operators of Europe’s largest natural gas field, Royal Dutch Shell and Exxon Mobil, as well as the Dutch government, for years ignored the dangers posed by earthquakes in the field.
Trends
2015, February, 14, 14:50:00
OIL PRICES: 2015: $58/BBL; 2016: $75/BBL
Brent crude oil prices will average $58/bbl in 2015 and $75/bbl in 2016
Trends
2015, February, 14, 14:45:00
OIL PRICES UNCERTAINTY
Crude oil prices moved higher toward the end of January and into the first week of February.
Trends
2015, February, 14, 14:40:00
OIL PRICES: FUNDAMENTAL UNBALANCE
“So, fundamentally, the crisis in oil prices in 2014 – is just a ripple on the water compared to the oversupply tsunami of 1985. The amount of excess capacity is five times less. Operating costs are 2-3 times higher. Instead of a deep drop in demand – a growth is recorded. The rate of decline in marginal production – is ten times higher. There is a clear unbalance between fundamental drivers and the observed price dynamics” - highlighted Rosneft Head.
Trends
2015, February, 14, 14:25:00
OIL TOP LOSER
The United States will remain the world’s top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.