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2015-05-24 19:55:00

RUSSIA & TURKEY STREAM

RUSSIA & TURKEY STREAM

Russian energy company Gazprom has made it clear that it intends to move forward with the construction of the Turkish Stream natural gas pipeline as quickly as possible, whether or not the project can overcome political obstacles in Europe. Earlier in May, Gazprom notified a subsidiary of Italian energy firm Saipem that it could begin laying pipes for the planned 63 billion-cubic-meter pipeline in the Black Sea and also resumed a contract with Germany's Europipe for 150,000 metric tons of pipe for the project. Russia said it plans to start constructing the underwater portion of the pipeline in June.

Gazprom has already told Europe that it plans to cease using its current export…

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Tags: RUSSIA, TURKEY, TURKISH, STREAM, GAS, PIPELINE, GAZPROM

Chronicle:

RUSSIA TURKEY STREAM
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.

RUSSIA TURKEY STREAM
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.

RUSSIA TURKEY STREAM
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).

RUSSIA TURKEY STREAM
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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