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2014-04-07 20:12:00

GAZPROM NEFT LOOK EAST

GAZPROM NEFT LOOK EAST

REUTERS. Gazprom Neft , the oil arm of Russia's Gazprom, has not been hurt by Western sanctions over Russia's annexation of Crimea but will move away from dollars in its contracts, and redirect oil flows to Asia, if needed.

The company is the first in Russia's oil sector to say it could potentially move away from dollar-based contracts in response to Western sanctions and marks the planning going on in Russian industry to anticipate possible further measures.

But CEO Alexander Dyukov said Western banks were unlikely to stop cooperating…

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Tags: GAZPROM, OIL, ASIA, CRIMEA

Chronicle:

GAZPROM NEFT LOOK EAST
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

GAZPROM NEFT LOOK EAST
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

GAZPROM NEFT LOOK EAST
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

GAZPROM NEFT LOOK EAST
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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