Gas
2015, July, 7, 19:00:00
ROSNEFT IN BRAZIL
Rosneft Brasil (Rosneft subsidiary) and PetroRio received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil transaction to acquire additional 55% in the Solimoes project. Under the agreement the final completion date of the purchase and transaction shall be agreed between PetroRio and Rosneft Brasil and is expect to occur within 30 days.
2015, July, 3, 18:55:00
US RIGS UP 3
U.S. Rig Count is up 3 rigs from last week to 862, with oil rigs up 12 to 640, gas rigs down 9 to 219, and miscellaneous rigs unchanged at 3.
2015, July, 3, 18:20:00
EU & TURKEY GAS
Turkey remains reluctant to enter the EU Energy Community, as it would decrease its leeway on its energy policies. European laws can suit some other neighbours, but Turkey is a completely different case. Its importance for Europe, in the energy sector or in relation to migration issues, should not be underestimated.
2015, July, 3, 18:15:00
NOT LIFE NOT DEATH
Ukraine expects to store enough natural gas for next winter despite cutting off imports from Russia and Russian flows crossing the country destined for Europe will not be disrupted, Energy Minister Volodymyr Demchyshyn said on Thursday.
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.
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.
2015, June, 29, 19:00:00
CHINA'S GAS MEGA-PROJECT
The efforts of China to ensure its economic development and preeminence include the creation of the “New Silk Road” - the enormous system of infrastructure mega-projects to stretch from the Pacific to the Atlantic. If completed, it will be the largest infrastructure undertaking ever built. Natural gas features prominently in the plan.
2015, June, 29, 18:55:00
EU GAS DIFFICULTIES
The European Union would find it difficult to reduce its reliance on natural gas imports from Russia, according to industry experts.
2015, June, 29, 18:45:00
GAS COMPETITION
Natural gas faces growing competition from coal and renewable energy sources at a time when its potential demand growth is slowing down, an International Energy Agency official said. “The last large contracts for [LNG] were signed in 2014 just before oil prices collapsed. We believe it is still competitive, but there are risks,” said Laszlo Varro, who heads IEA’s gas, coal and power markets division.
2015, June, 29, 18:40:00
GAZPROM: NORD STREAM - 2
New corridors along the Nord Stream natural gas pipeline through the Baltic Sea to European markets should be in service by 2019, Russia's Gazprom said.
2015, June, 29, 18:35:00
CHINA, ARGENTINA SHALE
Argentina and China have respectively drilled more than 275 and 200 wells targeting shale plays over the past 2 years, providing each country with the potential to significantly increase production of shale gas and tight oil.
2015, June, 29, 18:30:00
US RIGS UP 2
U.S. Rig Count is up 2 rigs from last week to 859, with oil rigs down 3 to 628, gas rigs up 5 to 228, and miscellaneous rigs unchanged at 3.
2015, June, 29, 18:10:00
150,000 JOBS LOST
According to a recent report from Swift Worldwide Resources, over 150,000 jobs in the global oil and gas industry have been cut since oil prices began to tumble last summer.
2015, June, 25, 19:25:00
US WANT TO EUROPE
States are attempting to get their hands on long-term gas supply contracts with the Russian natural gas exporter Gazprom and pave the way for a multi-commodity energy supplier business where they can influence end-user prices directly.
2015, June, 25, 19:15:00
GOLDEN AGE OF GAS
“Natural gas is a flexible, it's supply is abundant and diverse, its ranges of use are still expanding, it's supply is abundant and diverse, it's low carbon, clean burning, an ally to renewables such as solar and wind, and it makes economic sense.”