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2014-07-03 18:25:00

HUNGARY BUILDS SOUTH STREAM

HUNGARY BUILDS SOUTH STREAM

Hungary says it will go ahead and build its part of Gazprom's South Stream gas pipeline that bypasses Ukraine to supply Europe, despite U.S. and EU objections to the project.

Prime Minister Viktor Orban said Tuesday in Serbia that "those who say we shouldn't build South Stream should make an alternative proposal about how we could live without energy."

Orban added that "we are going to build the South Stream."

His comments underscore divisions within the EU over the trans-European pipeline. The standoff over Ukraine has renewed calls for the 28-nation bloc to rethink its energy policies to make it less reliant on Russia.

Bulgaria last month had to freeze its South Stream construction work under orders from EU Commission, which said the country breached EU competition rules.

pennenergy.com

Tags: HUNGARY, SOUTH, STREAM, GAS, PIPELINE, GAZPROM
HUNGARY BUILDS SOUTH STREAM October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

HUNGARY BUILDS SOUTH STREAM October, 15, 12:25:00

BAD BOYS: IMF & WBG

HUNGARY BUILDS SOUTH STREAM October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

HUNGARY BUILDS SOUTH STREAM October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

HUNGARY BUILDS SOUTH STREAM October, 15, 12:10:00

IRAN SANCTIONS DOWN

HUNGARY BUILDS SOUTH STREAM October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

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Chronicle:

HUNGARY BUILDS SOUTH STREAM
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

HUNGARY BUILDS SOUTH STREAM
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

HUNGARY BUILDS SOUTH STREAM
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

HUNGARY BUILDS SOUTH STREAM
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

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