News
2015, June, 7, 19:15:00
U.S. RIGS DOWN 7
U.S. Rig Count is down 7 rigs from last week to 868, with oil rigs down 4 to 642, gas rigs down 3 to 222, and miscellaneous rigs unchanged at 4.
2015, June, 7, 19:10:00
IRAN & RUSSIA OIL
Russia will begin importing Iranian oil under a long-heralded oil-for-goods barter arrangement in the coming week, Iran's oil minister was quoted as saying, more than a year after negotiations began.
2015, June, 5, 19:00:00
U.S.: MORE EFFICIENT 65%
Compared with 2014, IHS expects investment capital in US shale oil plays to be 65% more efficient at the start of 2016 than the start of 2015 due to compounding productivity and cost cuts
2015, June, 5, 18:55:00
TEXAS OIL & GAS DOWN 40%
The outlook in the Texas oil and gas sector remains negative as most companies expect low capital spending in 2016, the Dallas Federal Reserve said.
2015, June, 5, 18:50:00
THE NEXT GAS PIPELINE
Slovakian Prime Minister Robert Fico met with Russian Prime Minister Dmitry Medvedev in Moscow and proposed a plan that would transfer gas from the Turkish border through Bulgaria, Romania, Hungary and Slovakia, thereby bypassing Greece.
2015, June, 4, 18:45:00
RUSSIA & CHINA: TO 100 BLN
The volume of gas supply via the western route might be boosted to 60 and to 100 billion cubic meters of gas a year.
2015, June, 4, 18:40:00
OPEC SAW $70 - 80
Nearly a year after oil markets entered a deep downward spiral, unmoored from the $100-a-barrel mark that had anchored them for years, some OPEC members are publicly talking for the first time about a new "fair" price for their crude.
2015, June, 4, 18:30:00
NO SHALE REVOLUTION
There will be no US-style shale gas revolution in Europe, the president of the International Gas Union (IGU) has told
2015, June, 4, 18:10:00
RUSSIA ORIENTED WINTERSHALL
Wintershall will continue investing in its core regions, with Russia remaining the most important area for the company.
2015, June, 4, 18:05:00
OPTIMISTIC OPEC: BELOW $100
OPEC oil ministers expressed optimism about their strategy of pumping more crude oil and fighting for market share, amid expectations they will stick to their production target when they meet at the end of the week.
2015, June, 3, 19:00:00
RUSSIA & CHINA PIPELINE
China started construction last week of a pipeline to receive Russian gas, Russian state gas company Gazprom said on Tuesday.
2015, June, 3, 18:55:00
RUSSIA & GREECE PIPELINE
Greece expected to sign a memorandum on Turkish Stream during the St. Petersburg International Economic Forum, which will be held June 18-20.
2015, June, 3, 18:50:00
RUSSIA & TURKEY PIPELINE
Russia's Gazprom plans to start building a pipeline to Turkey this month to get gas to Europe without going through Ukraine, company sources said, although it has no firm agreement with Ankara and faces opposition from the European Union.
2015, June, 3, 18:45:00
RUSSIA UNCHANGED
Russian oil output remained unchanged in May at a post-Soviet high of 10.71 million barrels per day (bpd), Energy Ministry data showed on Tuesday, three days before OPEC meets to decide on output levels.
2015, June, 3, 18:40:00
FAIR PRICE: $75 - 80
The top oil officials of Iraq and Venezuela said on Wednesday that $75 to $80 a barrel was now a "fair" price for oil, reflecting an emerging consensus on a possible equilibrium for volatile markets
