All publications by tag «RUSSIA»
2017, March, 14, 18:45:00
OIL PRICE WAR
"It became evident that U.S. shale oil output has become and will remain a new global oil price regulator for the foreseeable future," Rosneft said.
2017, March, 13, 18:50:00
U.S. OIL: UP 400 TBD
Rising oil production in the US, which Russia's energy ministry forecasts to grow by 400,000 b/d year on year in 2017, is being monitored, but it should not be considered separate from the global supply and demand balance, he said.
2017, March, 6, 18:40:00
UKRAINE PAYS MORE
Ukrainian state monopoly supplier Naftogaz Ukrainy has issued letters of credit under the loan agreement with Citi and Deutsche Bank secured by the World Bank. They total €220mn ($231mn) and will be used this month to buy gas from European suppliers selected through the World Bank’s auctions, it said March 1. It is planned to buy up to 1.1bn m³, with payment due in April upon completion of the relevant gas deliveries to Ukraine.
2017, March, 3, 18:55:00
GAZPROM'S $11 BLN
The group was forced in August to abandon plans to split the cost of the 1,200km Nord Stream 2 pipeline under the Baltic Sea with the project’s European partners Engie, OMV, Wintershall, Shell and Uniper.
2017, March, 3, 18:40:00
KURDISH - IRAQI OIL
Crude oil flows from the Kirkuk fields in northern Iraq were briefly disrupted on Thursday after a Kurdish faction seized a pumping facility in protest at the policies of Baghdad and Erbil, adding a new threat to Iraq’s attempts to comply with Opec’s agreed cuts.
2017, March, 3, 18:30:00
LUKOIL PRODUCTION DOWN BY 3%
The LUKOIL Group oil production for the fourth quarter and twelve months of 2016 was 22.7 and 92.0 million tonnes, respectively. Production for the fourth quarter excluding compensation crude oil from West Qurna-2 project in Iraq increased by 2.5% compared to the third quarter of 2016.
2017, March, 2, 19:50:00
RUSSIA'S GAS FOR EUROPE
Russia has enough reserves to remain Europe’s main gas provider for years to come, President Vladimir Putin said in December.
“Gazprom is supplying more gas to Europe than Russia or the Soviet Union ever did,” he said. “We have enough gas for ourselves, even considering the growing requirements of the Russian economy, and for our counteragents, the buyers of our gas.”
2017, March, 2, 19:40:00
U.S. GDP UP 1.9%
Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the fourth quarter of 2016. In the third quarter, real GDP increased 3.5 percent.
2017, February, 28, 18:35:00
IRANIAN EXPORTS TO RUSSIA
Iran will begin exporting 100,000b/d of crude oil to Russia within the next two week, Iranian Minister of Petroleum Bijan Zangeneh said.
2017, February, 18, 19:00:00
GAZPROM - GERMANY: UP 37%
It was noted that Gazprom’s gas supplies to the German market had reached a record of 49.8 billion cubic meters in 2016. The upward trend in gas demand continues in early 2017. In January, gas exports grew by 23.2 per cent versus the corresponding month of 2016. Between February 1 and February 15, gas deliveries added 37 per cent compared to the same period of last year.