All publications by tag «»
2015, July, 17, 00:35:00
SCHLUMBERGER DOWN 30%
Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices.
2015, July, 16, 19:30:00
OIL PRICES HAVE TIGHTENED
Low oil prices have tightened the screws on some of the most depleted and costly oilfields in Britain's North Sea, forcing operators to cease production earlier than planned and adding to fears of a domino effect in mature areas.
2015, July, 16, 19:25:00
GAS: FROM RUSSIA WITH LOVE
For many years, Russia has advocated that the frequent gas interruptions are the fault of transit states such as Ukraine, whom the Kremlin sees as unreliable. As a result, Gazprom rolled out several pipeline projects that would bypass Ukraine altogether and provide a direct route to its customer base in Europe.
2015, July, 16, 19:20:00
AUSTRALIA BEGINS DRILLING
Falcon Oil & Gas Ltd. is pleased to announce the spudding of the Kalala S-1 well in the Beetaloo Basin, Australia. Kalala S-1 is the first of Falcon's fully funded and uncapped, 2015 three well drilling and evaluation programme in the Beetaloo Basin. The 2015 three well programme is the commencement of a nine well exploration and appraisal programme planned from 2015 to 2018.
2015, July, 15, 19:30:00
US OIL WILL DOWN 91,000
Crude oil production in August from seven major US shale plays is expected to decline 91,000 b/d to 5.36 million b/d.
2015, July, 15, 19:25:00
ROSNEFT & STATOIL PARTNERSHIP
Russia’s Rosneft and Norway’s Statoil completed drilling works as part of the Pilot Project at the PK1 layer of the North-Komsomolskoye field in Purovsky and Nadymsky regions of Yamalo-Nenets Autonomous District.
2015, July, 13, 19:30:00
US DEBT: THE GREATEST
“It’s a serious problem not just for the United States but for the whole world economy. Debt exceeds gross domestic product there.”
2015, July, 13, 19:25:00
OPEC OIL UP 170 000
OPEC pumped 31.28 million barrels per day in June, the fourth straight month since February that the group has added production.
2015, July, 13, 19:20:00
OPEC: LOWER DEMAND
The Organization of the Petroleum Exporting Countries said Monday it revised down the demand for its crude this year, to a level far below its current output, despite higher estimates for global consumption.
2015, July, 13, 19:15:00
OIL CAN DOWN
Massive oversupply is likely to push oil prices down even further, the International Energy Agency (IEA) said on Friday, adding that the rebalancing of the market was likely to last well into 2016.