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2016-08-10 18:40:00

OPEC STILL HAVEN'T

OPEC STILL HAVEN'T

BOE wrote, an informal OPEC meeting next month is unlikely to deliver any agreement to limit production because several members including Iran are still pumping below capacity.

Members of the Organization of Petroleum Exporting Countries are planning to hold talks next month on the sidelines of the International Energy Forum in Algeria, the group's president Mohammed Al Sada said Monday. But the same obstacles that prevented an agreement on proposals to freeze output in April or fix a new production target in…

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Tags: OIL, PRICES
Chronicle:
OPEC STILL HAVEN'T
2019, April, 26, 11:05:00
GLOBAL LNG INVESTMENT $200 BLN
World capital expenditure for both LNG plant and upstream infrastructure will total more than $200bn between 2019 and 2025.
OPEC STILL HAVEN'T
2019, April, 26, 11:00:00
VENEZUELA'S OIL PRODUCTION 840 TBD
In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February,
OPEC STILL HAVEN'T
2019, April, 26, 10:55:00
NORD STREAM 2 SUCCESS
The meeting participants stressed the success of the operating Nord Stream gas pipeline and the great importance of the under-construction Nord Stream 2 gas pipeline for the energy security of Europe and Germany in particular.
OPEC STILL HAVEN'T
2019, April, 26, 10:50:00
POWER OF SIBERIA SCHEDULE
The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that the preparation of facilities for Russian gas exports to China via the Power of Siberia gas pipeline from December 1, 2019, is going according to schedule.
OPEC STILL HAVEN'T
2019, April, 26, 10:45:00
NOVATEK'S PROFIT UP 8.9 TIMES
Profit attributable to shareholders of PAO NOVATEK increased to RR 381.8 billion (RR 126.74 per share), or 8.9 times, as compared to the corresponding period in 2018.
OPEC STILL HAVEN'T
2019, April, 26, 10:40:00
NOVATEK'S LNG UP
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that its joint venture with Gazprombank Cryogas-Vysotsk has commenced full-scale production of liquefied natural gas (LNG). During the official ceremony at the port of Vysotsk, Russian President Vladimir Putin has formally started the Cryogas-Vysotsk LNG project.
OPEC STILL HAVEN'T
2019, April, 26, 10:35:00
NOVATEK, CHINA'S CNOOC AGREEMENT
PAO NOVATEK (“NOVATEK”) announced today at the Second Belt and Road Forum for International Cooperation that China National Oil and Gas Exploration and Development Company Ltd (“CNODC”), a wholly owned subsidiary of China National Petroleum Corporation (“CNPC”), has signed a binding agreement to enter the Arctic LNG 2 project.
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