ROSATOM - ROSATOM and the French EDF Group signed a Memorandum of Understanding on Development of Innovative Cooperation at the World Nuclear Exhibition 2018 (WNE). The document was signed by Alexey Likhachev, General Director of ROSATOM and Jean-Bernard L?vy, Chairman and CEO of EDF Group.
ROSATOM - June 22, 2018 in Moscow ROSATOM and the Ministry of Infrastructure of the Republic of Rwanda signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.
NOV - National Oilwell Varco, Inc. (NYSE: NOV) today announced the signing of an agreement with Saudi Aramco to form a joint venture in the Kingdom of Saudi Arabia. Through its state-of-the-art manufacturing and fabrication facilities in the Kingdom and NOV’s market-leading drilling technologies, the joint venture will provide high-specification land rigs, rig and drilling equipment and offer certain aftermarket services.
REUTERS - French oil and gas company Total SA expects the global natural gas market to grow far faster than that for crude oil over the next two decades thanks to booming demand for the cleaner-burning fuel in Asia, an outlook that underpinned Total’s recent big investments in the space, Chief Executive Patrick Pouyanne said.
OGJ - Sandra Oudkirk, deputy assistant secretary for energy diplomacy at the US Department of State, confirmed that the Trump administration has received several requests to sanction the proposed Gazprom-sponsored pipeline that would extend from Russia beneath the Baltic Sea to Germany.
AOG - Sheikh Abdullah said: “This agreement strengthens the already close ties between the UAE and the Kingdom of Saudi Arabia and between the UAE and India. The UAE is unwavering in its commitment to its strategic multi-lateral relationships with both Saudi Arabia and India, as well as being a reliable partner in India’s energy security. We look forward to exploring further opportunities to expand our energy partnerships and to collaborating on new, broader, opportunities that will further strengthen and deepen the long-standing economic links between our three countries.”
REUTERS - Indonesia’s deputy energy minister said on Tuesday Chevron Corp intended to cut planned investment in the Indonesia deepwater development (IDD) gas project to around $6 billion from $12.8 billion.
NOVATEK - According to the MOU, the parties agreed to explore opportunities for KOGAS to enter the Arctic LNG 2 project and possible LNG off-take from the project, participate in the LNG transshipment project in Kamchatka and other infrastructure projects, as well as develop cooperation in LNG trading and logistics optimization, including swap operations.
ИНТЕРФАКС - Думаю, что при цене в $75 за баррель нужно увеличить добычу на 50% от уровня введенных ограничений. При этом если увеличение производства и повлияет на цену, то краткосрочно. В среднесрочном периоде она восстановится, потому что потребление нефти в мире растет, а коммерческие запасы достаточно быстро снижаются. Полагаю, что цена в $75 за баррель это баланс, который уже нащупан.
PLATTS - "Today we submitted a petition to the Court of Appeal in Sweden," Vitrenko said as the Ukrainian company looks to find legal grounds to continue its efforts to seize Gazprom assets in the Netherlands, Switzerland and the UK to enforce the arbitration award.
PLATTS - ExxonMobil's planned LNG import project in Victoria will compete with AGL's planned LNG import terminal in the same state -- at Crib Point near Melbourne -- projected to come online by financial year 2020-2021, and AIE's project next door in the state of New South Wales, potentially at Port Kembla, Newcastle or Port Botany, expected by as early as 2020.
PLATTS - "Today, the political situation is somewhat different. The South Korean side approached Gazprom about the revival of this project. A series of talks took place on this. These talks are continuing. We can't say anything further, but we are renewing such talks with the Korean side," Markelov said.
ГАЗПРОМ - в Москве в офисе ПАО «Газпром» состоялась рабочая встреча Председателя Правления Алексея Миллера и Президента Многонационального Государства Боливия Эво Моралеса.
BP - In 2017 global energy demand grew by 2.2%, above its 10-year average of 1.7%. This above-trend growth was driven by stronger economic growth in the developed world and a slight slowing in the pace of improvement in energy intensity.
REUTERS - Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the risk of a slowdown in oil demand.