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October 2014

October 2014
2014, October, 17, 20:40:00
JAPAN: MORE GAS
Japan continues to import record volumes of LNG amid delays in nuclear restarts
October 2014
2014, October, 16, 21:50:00
RUSSIAN GAS: 2040
As the European calls for diversification away from Russian sources of natural gas continue in the wake of the Ukraine crisis, a just released study from The Brookings Institution shows that the European Union is likely to be using a lot of Russian gas even by the year 2040.
October 2014
2014, October, 16, 21:45:00
IMPORTANT RUSSIAN GAS
Europe’s natural gas supply mix likely won’t change much without drastic policy interventions despite recent renewed concern over instability in Ukraine, a new Brookings Institution policy brief concluded. This effectively will ensure a continuing significant market share for Russia, it said.
October 2014
2014, October, 16, 21:40:00
EU GAS SHORTAGES
Bulgaria, Finland and Estonia could suffer major gas shortages if Russia cut off all its gas deliveries for six months, according to a report released Thursday by the European Commission.
October 2014
2014, October, 16, 21:35:00
OIL PRICES DROP
Oil prices posted their biggest one-day drop in nearly two years Tuesday as a U.S.-led wave of crude has crashed into weak global demand, threatening the stability of some countries and providing an economic lifeline to others.
October 2014
2014, October, 16, 21:30:00
OIL PRICES: ABOVE $80/BBL.
Bank of America Corp. and BNP Paribas SA predict prices will hold above $80 a barrel. Commerzbank AG also sees that level as a possible low for Brent crude. They’re in part counting on OPEC cutting output -- some say as soon as next month -- to compensate for recent declines in demand.
October 2014
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.
October 2014
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.
October 2014
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.
October 2014
2014, October, 15, 22:20:00
OPEC: SWING PRODUCER
OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.