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All publications by tag «»

All publications by tag
2015, July, 3, 18:00:00
THE NEW NORWAY'S RESERVES
The Norwegian government confirmed Wednesday oil and gas reserves were discovered in a North Sea area not known previously to contain hydrocarbons.
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2015, July, 3, 17:55:00
SHANGHAI OIL & GAS EXCHANGE
The exchange in Shanghai has registered capital of 1 billion yuan and 10 shareholders. State-run Xinhua News Agency has the largest stake – at 33 percent – followed by the country's Big Three oil and gas producers. China National Petroleum Corp. (CNPC), China Petrochemical Corp. Group and China National Offshore Oil Corp. each own 10 percent.
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2015, July, 3, 17:50:00
BP WILL PAY $18.7 BLN
BP Plc reached a $18.7 billion settlement to end five years of litigation following the 2010 Gulf of Mexico oil spill. It is the largest settlement with a single entity in U.S. history, the U.S. Department of Justice said.
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2015, July, 1, 19:30:00
SHALE NEVER DIE
Shale output in the United States will prove resilient to low oil prices likely to be prolonged by the prospect of half a million barrels per day of Iranian crude making its way back to the market.
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2015, July, 1, 19:25:00
OPEC SHARE DOWN
Booming U.S. shale production helped cut OPEC’s global crude market share to a 12 year low last year.
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2015, July, 1, 19:20:00
CHINA OIL DEMAND UP 8.2%
China's apparent oil demand* in May increased 8.2% from a year earlier to 43.80 million metric tons (mt), or an average 10.36 million barrels per day (b/d).
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2015, July, 1, 19:15:00
CHINA STARTED TO BUILD
Construction has begun on the Chinese section of the Russia-China Gas Pipeline, according to China National Petroleum Corp.
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2015, July, 1, 19:10:00
EGYPT'S GAS DOWN
Egypt’s average natural gas production declined this year to 4.395bn cubic feet per day, compared to about 4.6bn cubic feet in 2014.
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2015, July, 1, 19:05:00
PETROBRAS 37% DOWN
Brazil’s Petrobras will cut its spending by 37 percent through the next four years in an effort to tame its enormous $110 billion debt.
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2015, July, 1, 19:00:00
STATOIL STARTED UP THE MACHINE
“The steel jacket will also be one of the most complex ever built by the industry. Not only will we route the land-based power through the jacket, we’ll also be controlling the subsea water injection and exporting the field’s oil and gas from it,”