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2014-03-19 20:06:00

SOUTH STREAM PROGRESS

SOUTH STREAM PROGRESS

NGERussian authorities approved the environmental impact assessment (EIA) for the Russian sector of the South Stream offshore pipeline.

"This is a significant milestone for the Project and a testament to our efforts," Oleg Aksyutin, CEO of South Stream Transport, said in a note released on Monday.

 According to Gazprom, experts undertook surveys of animal and plant life in the Black Sea and at the Anapa landfall. They expect the majority of the effects on the environment to be limited to the construction phase.

 This approval is nothing new, but it is relevant as it sends a clear message: Russia wants to proceed with the project. And the recent achievements make a convincing case for a strong united Russian industry that does not show any proof of hesitation.

Tags: SOUTH STREAM, GAZPROM
SOUTH STREAM PROGRESS September, 21, 11:00:00

OIL PRICE: NEAR $79 STILL

SOUTH STREAM PROGRESS September, 21, 10:55:00

RUSSIA'S OIL PRODUCTION: 11.3 MBD

SOUTH STREAM PROGRESS September, 21, 10:45:00

UNEXPECTED OIL PRICES

SOUTH STREAM PROGRESS September, 21, 10:40:00

OIL MARKET UNCERTAINTY

SOUTH STREAM PROGRESS September, 21, 10:35:00

OPEC-NON-OPEC DECISIONS

SOUTH STREAM PROGRESS September, 21, 10:30:00

U.S. CAPITAL EXPENDITURES UP

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Chronicle:

SOUTH STREAM PROGRESS
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

SOUTH STREAM PROGRESS
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

SOUTH STREAM PROGRESS
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

SOUTH STREAM PROGRESS
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

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