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2014-03-15 16:30:00

WINTERSHALL & RUSSIA: NO SANCTIONS

WINTERSHALL & RUSSIA: NO SANCTIONS

NGE. Rainer Steele, Chairman of the Board of Executive Directors of Wintershall, believes that economic sanctions from the EU against Russia will not remedy the situation in Ukraine and would not help anybody.

At Wintershall's 2014 press conference in Kassel, Germany, Steele stressed that there is no alternative to dialogue, and suggested that all parties involved sit a the negotiating table and not rule out partnerships.

Wintershall and Russia's Gazprom are partners on multiple projects including the Nord Stream and South Stream natural gas pipelines.

Also announced were plans to divest its shareholding in the Eastern German company Verbundnetz Gas AG (VNG) as part of Wintershall's strategy to concentrate on the upstream sector.

Wintershall reached an agreement that will see EWE Aktiengesellschaft take over Wintershall's 15.79 percent share in VNG, pending approval from competition authorities. The transaction is subject to board approvals from both companies and also requires the approval of the VNG annual general meeting. Purchase price was not disclosed.

Tags: WINTERSHALL, RUSSIA, GAS
WINTERSHALL & RUSSIA: NO SANCTIONS February, 18, 12:30:00

OIL PRICE: ABOVE $66

WINTERSHALL & RUSSIA: NO SANCTIONS February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

WINTERSHALL & RUSSIA: NO SANCTIONS February, 18, 12:20:00

BRENT OIL: UNDERVALUED

WINTERSHALL & RUSSIA: NO SANCTIONS February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

WINTERSHALL & RUSSIA: NO SANCTIONS February, 18, 12:10:00

BENEFIT FOR RUSSIA

WINTERSHALL & RUSSIA: NO SANCTIONS February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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WINTERSHALL RUSSIA: NO SANCTIONS
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

WINTERSHALL RUSSIA: NO SANCTIONS
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

WINTERSHALL RUSSIA: NO SANCTIONS
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

WINTERSHALL RUSSIA: NO SANCTIONS
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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