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2015-09-03 18:40:00
STRONG ROSNEFT
Russia's Rosneft strengthened ties with Italian and Chinese partners, closing acquisition with Italy-based Pietro Barbaro S.p.A and signing a contract to increase cooperation with China Oilfield Services Limited (COSL).
'Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Limited (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea' Rosneft wrote on Wednesday.
According to Rosneft, COSL offered its semi-submersible drilling rig Nanhai-9 and won the tender based on a combined score of technical and economic parameters.
On Tuesday, the Russian Joint Venture between Rosneft, Sberbank Investments and Pietro Barbaro S.p.A. closed the acquisition of the Pietro Barbaro Group shipping assets in the Russian Federation (100% share of Prime Shipping group of companies).
'The acquisition of a logistics asset will allow Rosneft to strengthen its positions in the river transportation market and enhance the efficiency of operations, including that in the area of oil and oil products trading, and secure tanker fleet transportation' reads Rosneft's website.
The Barbaro family is one of the few Italian shipowners that have been active for almost two centuries in the shipping industry.
In June, Rosneft signed deals with a subsidiary of US-based General Electric, with France's Total, with Italy's Pirelli Tyre, and especially with UK-based BP.
naturalgaseurope.com
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More:
ROSNEFT INCREASED DRILLING 27%
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August, 17, 12:01:00 |
OIL PRICE: NOT ABOVE $72 |
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August, 17, 11:55:00 |
ШИРОКИЕ ПЕРСПЕКТИВЫ СОТРУДНИЧЕСТВА |
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August, 17, 11:50:00 |
GLOBAL NUCLEAR POWER UP |
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August, 17, 11:45:00 |
CHINA'S LPG IMPORTS UP |
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August, 17, 11:40:00 |
U.S. LPG FOR JAPAN UP |
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August, 17, 11:35:00 |
IRAN'S OIL EXPORTS DOWN |
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Chronicle:
2018, August, 17, 11:30:00
U.S. INDUSTRIAL PRODUCTION UP 0.1%
U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.
2018, August, 17, 11:25:00
NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD
NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.
2018, August, 17, 11:20:00
GAZPROM NEFT NET PROFIT UP TO 49.6%
GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.
2018, August, 15, 11:10:00
OIL PRICE: NEAR $72
REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.