Companies
2014, October, 27, 12:10:00
PETROM & EXXON START DRILLING
Petrom, ExxonMobil start drilling third deepwater well in Romania
2014, October, 25, 00:00:00
SAUDI PLAYING VS
Oil prices have fallen by over 20% in the last couple of months. Brent is currently trading $30 below its summer spike to $115 per barrel and many are left wondering what the Saudis are playing at.
2014, October, 23, 11:24:00
ROSNEFT NEED $49 BLN
Rosneft is looking for some financial relief from Russia’s sovereign wealth fund
2014, October, 23, 00:00:00
TOTAL: MORE THAN A CEO
Total’s Board of Directors pays homage to Christophe de Margerie and organizes the Group’s new governance
2014, October, 17, 21:00:00
EUROPE & RUSSIA NEEDS COOPERATION
The Ukraine crisis caused relations between Russia and the EU to fall to their lowest point since the Cold War. But despite the bickering and outright conflicts, both still need each other: Europe relies on Russian gas to keep warm, and Russia in turn needs revenues. With winter on its way and capital flight from Russia reaching dangerous levels, the outlook should draw the EU and Russia back together.
2014, October, 17, 20:55:00
ROSNEFT & GAZPROM: PRICE WILL RISE
Oil companies in Russia, the world's biggest producer which has budgeted for $100 crude, played down the oil price drop, saying it would not last and would not damage long term projects.
2014, October, 17, 20:50:00
SCHLUMBERGER: OIL WILL RISE
Schlumberger Ltd, the world's largest oilfield services company, said oil and gas spending would increase in 2015 as global oil demand is poised to rise, downplaying fears of an investment slowdown due to weak crude prices.
2014, October, 16, 21:25:00
BG & STATOIL: CHANGE CEO
BG Group Plc (BG/) appointed Statoil ASA (STL)’s Helge Lund as chief executive officer, ending a leadership crisis at the U.K.’s third-largest oil and gas producer.
2014, October, 16, 21:20:00
S.AFRICA: 9 BLN BBL OIL
South African President Jacob Zuma outlined ambitious plans on Wednesday for oil andgas exploration in coastal waters that he said could contain as much as 9 billion barrels of crude and vast quantities of natural gas.
2014, October, 16, 21:15:00
GAZPROM ROSE 13%
Russian state gas giant OAO Gazprom said second-quarter profit rose 13% on higher sales and prices which offset provisions for non-payment by Ukraine’s Naftogaz.
2014, October, 14, 20:35:00
RUSSIA & CHINA: STRONG TIES
Russia seeks an acceleration of its business ties with China. Russian Prime Minister Dmitry Medvedev suggested on Monday that the two countries could soon reach an agreement on a second pipeline.
2014, October, 14, 20:30:00
EVEN STRONGER
Rosneft and Chinese National Petroleum Corporation (CNPC) signed an agreement for the extensions of strategic cooperation.
2014, October, 14, 20:25:00
NINE TIMES MORE
Rospan International (Rosneft subsidiary) carried out a record hydrofracturing at the Urengoiskoe field, which resulted in the 9 times increase of production rate.
2014, October, 14, 20:20:00
ROSNEFT HIRES ZAIWALLA
Russian oil giant OAO Rosneft is devising a legal strategy to fight Western sanctions in European courts, according to people familiar with the strategy—a tactic modeled on the so-far successful legal campaign waged by Iran’s Bank Mellat.
2014, October, 14, 20:15:00
GAZPROM DROPS 23%
OAO Gazprom said profit for the first half of the year fell by almost one-quarter as Ukraine's Naftogaz didn't pay for gas supplied by the Russian state-controlled gas group.