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2015-01-04 21:35:00

RUSSIAN LNG INVESTMENTS UP

RUSSIAN LNG INVESTMENTS UP

Russia announced state aid for a major energy project on Wednesday under a drive to shore up strategic firms as well as public faith in its banking system during an economic crisis deepened by Western sanctions.

The government said it had allocated 150 billion roubles ($2.5 billion) to support the Yamal liquefied natural gas (LNG) project in the Russian Arctic, taking the total bill for state aid promised to firms in the past few days to over $5 billion.

On top of the help for Yamal - which is controlled by the Novatek firm but also has Western and Chinese shareholders - Russia has announced support for the…

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Tags: RUSSIA, LNG, GAS, NOVATEK, VTB, GAZPROMBANK,
Chronicle:
RUSSIAN LNG INVESTMENTS UP
2019, August, 19, 11:20:00
CHINA'S GREEN INVESTMENT $1 BLN
Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy.
RUSSIAN LNG INVESTMENTS UP
2019, August, 19, 11:15:00
U.S. RIGS UP 1 TO 935
U.S. Rig Count is up 1 rig from last week to 935, with oil rigs up 6 to 770, gas rigs down 4 to 165, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 2 rigs from last week to 142, with oil rigs up 7 to 101 and gas rigs down 5 to 41.
RUSSIAN LNG INVESTMENTS UP
2019, August, 16, 10:50:00
OIL PRICE: NEAR $59
Brent was up 52 cents, or 0.9%, at $58.75 a barrel , U.S. crude was up 65 cents, or 1.2%, at $55.12 a barrel
RUSSIAN LNG INVESTMENTS UP
2019, August, 16, 10:35:00
U.S., RUSSIA SANCTIONS AGAIN
The US is set to impose sanctions on Rosneft if it continues to trade crude oil and fuel with Venezuela's PDVSA in exchange for debt repayments and stakes in joint venture projects in the South American nation,
RUSSIAN LNG INVESTMENTS UP
2019, August, 16, 10:30:00
ZOHR GAS OUTPUT UP TO 11.3 BCM
In H1 2019, the production on the Zohr field amounted to 11.3 bcm of gas, which is 3.6 times more than in the same period last year.
RUSSIAN LNG INVESTMENTS UP
2019, August, 16, 10:25:00
U.S. GAS PRODUCTION UP
U.S. natural gas production continued to increase in August despite relatively low natural gas spot prices
RUSSIAN LNG INVESTMENTS UP
2019, August, 16, 10:20:00
U.S. OIL INVENTORIES 440.5 BBL
At 440.5 million bbl, US crude oil inventories are 3% above the 5-year average for this time of year
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