Investments
2016, December, 20, 18:40:00
GAZPROM'S INVESTMENT 2017: RUB 910.67 BLN
Pursuant to Gazprom’s approved budget (financial plan), the overall amount of investments in 2017 will stand at RUB 910.67 billion, with RUB 625.455 billion intended for construction projects, RUB 0.125 billion for the acquisition of non-current assets, and RUB 285.09 billion for long-term financial investments.
2016, December, 20, 18:35:00
BP: 10% SHAREHOLDER
BP today signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest in Abu Dhabi’s ADCO onshore oil concession, which has a life of 40 years.
2016, December, 16, 18:55:00
WORLD ECONOMY OPTIMISM
But for all the talk of trade barriers, oil prices rising on supply cuts, and planned U.S. tax cuts and infrastructure spending, the global inflation outlook hasn't changed much, even if the Fed is sounding more worried about it.
2016, December, 15, 18:50:00
UPSTREAM'S EARNINGS UP
Oil production companies recorded positive earnings from their upstream (exploration and production) operations in the third quarter of 2016 for the first time since the fourth quarter of 2014.
2016, December, 15, 18:45:00
GAZPROM - OMV AGREEMENT
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, signed the Basic Agreement regarding the asset swap. The signing ceremony took place in the presence of Hans Jörg Schelling, Minister of Finance of the Republic of Austria, and Anatoly Yanovsky, Deputy Minister of Energy of Russia.
2016, December, 15, 18:40:00
ROSNEFT - CHEMCHINA AGREEMENT
Rosneft and the China National Petrochemical Company (ChemChina) signed a Heads of Agreement on establishing a Joint Venture. The document was signed by Rosneft Chief Executive Officer Igor Sechin, and General Manager of ChemChina Yang Xingqiang.
2016, December, 15, 18:35:00
IRAN - INDONESIA AGREEMENT
Oil, gas and petrochemistry are major topics of economic discussions between Iranian and Indonesian officials during the Indonesian president visit to Iran.
2016, December, 14, 18:55:00
СОТРУДНИЧЕСТВО ИРАНА И РОССИИ
Общий объем соглашений в области нефти и газа между Россией и ИРИ может превысить 10 млрд долларов США.
2016, December, 12, 18:40:00
ROSNEFT SUCCESSFUL DEAL
Rosneft Board of Directors has approved a strategic cooperation agreement with Qatar Investment Authority and Glencore, providing for further cooperation in upstream projects, logistics and global trading.
2016, December, 12, 18:35:00
ENI - ROSNEFT DEAL
Eni has agreed a $1.125bn deal to sell a 30 per cent stake in its giant Egyptian gas field Zohr to Rosneft, as the Italian company continues efforts to monetise the recently-discovered field.
2016, December, 9, 18:30:00
CHEVRON'S INVESTMENT DOWN 15%
Chevron Corporation (NYSE:CVX) today announced a $19.8 billion capital and exploratory investment program for 2017. Included in the 2017 program are $4.7 billion of planned affiliate expenditures.
2016, December, 8, 18:35:00
ROSNEFT SOLD: €10.5 BLN
Glencore and the sovereign wealth fund of Qatar are to take a 19.5 per cent stake in Russian oil company Rosneft in a surprise €10.5bn deal
2016, December, 7, 18:45:00
THE GREATEST INDIA'S MARKET
India, the world's third-biggest energy consumer, is striving to grow its natural gas use and shift away from oil and coal for power and industry, but its lack of gas import infrastructure is stymieing faster adoption of the cleaner-burning fuel.
2016, December, 6, 18:45:00
CHINA'S INVESTMENTS TO SOUTHEAST ASIA
China’s investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports.
2016, December, 6, 18:35:00
CHINA'S VICTORY IN MEXICO
The auction of the deepwater blocks, four in the Perdido Fold belt near the US side of the Gulf and six in the unexplored Salina basin further south, marked the culmination of the first round of auctions since Mexico enacted a sweeping reform to open a sector closed to private exploration and production for nearly 80 years.