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2015-09-04 18:40:00

BASF & GAZPROM DEAL

BASF & GAZPROM DEAL

German chemicals group BASF and Gazprom agreed to revive a deal that collapsed in late 2014 to swap gas assets that will see BASF exit gas trading and storage and the Russian energy giant expanding into Western Europe, BASF said on Friday.

BASF said the surprise deal would be based on conditions already agreed to by the two firms in 2013 and would conclude by the end of 2015.

The two firms abandoned the swap agreement in late 2014 after companies across Europe suffered under tensions between Moscow and the West, particularly due to the conflict in Ukraine.

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Tags: BASF, GAZPROM, GAS
BASF & GAZPROM DEAL February, 18, 12:30:00

OIL PRICE: ABOVE $66

BASF & GAZPROM DEAL February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

BASF & GAZPROM DEAL February, 18, 12:20:00

BRENT OIL: UNDERVALUED

BASF & GAZPROM DEAL February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

BASF & GAZPROM DEAL February, 18, 12:10:00

BENEFIT FOR RUSSIA

BASF & GAZPROM DEAL February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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Chronicle:

BASF GAZPROM DEAL
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

BASF GAZPROM DEAL
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

BASF GAZPROM DEAL
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

BASF GAZPROM DEAL
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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