2016, October, 6, 18:50:00ROSNEFT'S STRATEGIC INVESTMENT
Attracting strategic investors will give additional momentum to the development of Srednebotuobinskoye field, one of the largest oil and gas condensate fields in East Siberia, currently producing about 22 thousand barrels of oil per day. Partners within the joint project plan to create the infrastructure for further exploration and development of the reserves in the region.
2016, October, 6, 18:45:00ROSNEFT SOLD $2 BLN
The closed transaction is a symbolic one for the companies and marks the transition to a new level of cooperation in the Russian-Indian relations in the energy area. Indian companies obtain substantial interest in one of the biggest large-scale projects of Rosneft of the last decade, whereas Rosneft retains 61.1% shares in the project.
2016, October, 6, 18:40:00ROSNEFT & PERTAMINA AGREEMENT
Rosneft and Pertamina signed an Agreement envisaging the creation of a Joint Venture (JV) with the scope of implementing the project for the construction of the Tuban refining and petrochemical complex to be located in the eastern part of Java (Indonesia).
2016, October, 6, 18:35:00U.S. DEFICIT UP TO $40.7 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $40.7 billion in August, up $1.2 billion from $39.5 billion in July, revised. August exports were $187.9 billion, $1.5 billion more than July exports. August imports were $228.6 billion, $2.6 billion more than July imports.
2016, October, 4, 18:45:00HEALTHY RUSSIAN OIL
Russian oil production continuing its slow climb for at least the next five years.
2016, October, 4, 18:35:00IMF SELLS TO IRAN
The upcoming IMF bank resolution workshop provides an opportunity to discuss options to address NPLs. The IMF is ready to provide further assistance to define and implement a financial sector reform plan.
2016, October, 4, 18:30:00PEMEX DEBT UP
The two bonds, valued at USD 2 billion each and issued in a financial operation that started early in September, will carry maturities of seven and close to 31 years. They pay yields of 4.62% and 6.75%, respectively, according to Pemex CFO Juan Pablo Newman. Now with greater maturity, Pemex’s repurchased debt, which was due to mature in 2018 and 2019, has reduced the risks of the company’s debt portfolio.
2016, September, 30, 18:30:00UK'S OIL COLLAPSE
"The UK continental shelf is in urgent need of fresh investment to boost exploration and drive activity, particularly for the supply chain," Oil and Gas UK chief executive Deirdre Michie said, going on to call for additional government efforts to encourage investment.
2016, September, 29, 18:35:00MALAYSIAN - CANADIAN LNG: $27 BLN
Petronas, Malaysia’s state-owned oil and gas group, has gained approval from the Canadian government for a controversial $27bn liquefied natural gas project — but said it would have to consider the environmental conditions attached before deciding to proceed.
2016, September, 29, 18:30:00IMF BOUGHT UKRAINE FOR U.S.
as you work to curb corruption, improve tax administration, strengthen intellectual property rights protection, modernize Ukraine’s Customs Service, and complete land reform legislation.
2016, September, 28, 18:30:00WEATHERFORD PAYS $140 MLN
The Securities and Exchange Commission today announced that oil services company Weatherford International has agreed to pay a $140 million penalty to settle charges that it inflated earnings by using deceptive income tax accounting. Two of the company’s senior accounting executives at the time have agreed to settle charges that they were behind the scheme.
2016, September, 26, 18:55:00RUSSIA NEEDS MONEY
Russia's oil taxes are already among the highest in the world.
2016, September, 26, 18:35:00U.S. JOBS: 4.3 MLN
An analysis by the U.S. Chamber of Commerce found that the natural gas revolution generated more than 4.3 million jobs and injected nearly half a trillion dollars into the economy. It also determined that all those jobs would have been lost had the so-called “Keep it in the Ground” movement succeeded in suffocating the oil revolution.
2016, September, 22, 18:35:00IMF BOUGHT IRAQ
“The Managing Director welcomed the Iraqi authorities' economic program, which is being supported by a $5.34 billion Stand-By Arrangement (SBA) from the Fund approved in July 2016. The Managing Director and the Prime Minister exchanged views on how the SBA can help Iraq address the shocks posed by violent attacks and the drop in global oil prices. The Managing Director reiterated the importance of strong commitment to sound policies and decisive action on key reforms that are crucial to yield the largest gains for Iraq’s population.”
2016, September, 21, 18:35:00CONOCO SELLS INDONESIA
US major ConocoPhillips will sell its 40% operating interest in the South Natuna Sea oil and gas production-sharing block B to Indonesian player Medco Energi, the latter announced on Monday.