2016

Schlumberger Chairman and CEO Paal Kibsgaard commented, "Full-year 2015 revenue of $35.5 billion decreased 27% year-on-year in line with upstream capex spending cuts that resulted in significantly lower E&P investment levels."

According to preliminary figures for 2015, the gas deliveries grew by 23.6 per cent to 1.7 billion cubic meters.

Nord Stream 2 will be built, according to Gazprom’s chairman of the board, Viktor Zubkov. “This means that customers will receive gas at favorable prices, but for this we need reliable sources of supply and uninterrupted means of transportation,” he said.

В ходе встречи обсуждался ход реализации проекта строительства в Пакистане газопровода «Север-Юг», который станет первым крупным совместным проектом в нефтегазовой сфере в новейшей истории двух стран, и перспективы поставок сжиженного природного газа на регазификационные мощности Пакистана.

Ukraine, once one of Russia’s biggest foreign gas buyers, had a debt of more than $29 billion before Tuesday’s bill, according to Gazprom. Naftogaz has demanded almost $26 billion from Gazprom in Stockholm arbitration, claiming it overpaid for supplies and was paid too little for transit, with a court ruling not expected before the middle of the year.

Particular attention was given to the Nord Stream 2 project. The parties noted that in light of the declining European gas production, the construction of this gas pipeline was crucial for meeting the growing Russian gas demand in Europe in the future.

Iran is in a good position to deliver on its target to raise oil output by 500,000 b/d within six weeks and by a further 500,000 b/d six months after that.

Flint Hills Resources LLC, the refining arm of billionaire brothers Charles and David Koch’s industrial empire, said it offered to pay $1.50 a barrel Friday for North Dakota Sour, a high-sulfur grade of crude, according to a corrected list of prices posted on its website Monday. It had previously posted a price of -$0.50. The crude is down from $13.50 a barrel a year ago and $47.60 in January 2014.

«Мы планируем сохранить объем добычи нефти в 2016 году на уровне 2015 года. Наш прогноз - 533-534 млн тонн на этот год» - отметил Алексей Текслер. Первый замглавы ведомства добавил, что на прежнем уровне сохранятся и объемы экспорта: «Незначительное увеличение по отношению к 2015 году возможно за счет увеличения глубины внутренней переработки».

In a stark assessment of the oil market, the International Energy Agency warned of an oil overhang of at least 1m barrels a day for a third consecutive year in 2016.