LUKOIL DOWN 59%
LUKOIL NET INCOME AND EBITDA EXCLUDING NON-CASH WRITE-OFF REACHED $2.02 BILLION AND $6.7 BILLION IN THE FIRST HALF OF 2015, LIQUID HYDROCARBONS PRODUCTION INCREASED BY 5.2%
LUKOIL has published consolidated US GAAP financial statements for the first half of 2015.
In the first half of 2015, daily hydrocarbon production by the Group was 2,373 thousand boe per day (+4.8% y-o-y). Crude oil and natural gas liquids produced by the Group were 2,044 thousand barrels per day (+5.2% y-o-y). The increase was mainly due to the start of commercial production from West Qurna-2 project in Iraq. Moreover there was increase…
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U.S. DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to Russia’s continued and ongoing aggression in Ukraine.
India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.
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Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.