News
2014, October, 5, 14:05:00
OPEC PRICE WAR
Discord at OPEC is turning into a price war, loosening the cartel’s grip on the oil market and exacerbating a recent steep selloff.
2014, October, 5, 14:00:00
STATOIL: GAS TO UKRAINE
Ukraine national natural gas company Naftogaz said on Friday it has signed an agreement with Norwegian energy company Statoil ASA to deliver gas to Ukraine.
2014, October, 4, 12:25:00
GAZPROM INDEPENDENCE
Gazprom Neft continues independent studies of shale oil deposits
2014, October, 3, 20:10:00
OIL HAS FALLEN
Brent crude hit a 28-month low on Thursday while benchmark US oil dropped below the $90 a barrel mark for the first time since April 2013, pointing to significant stocks on both sides of the Atlantic.
2014, October, 3, 20:09:00
BP CHALLENGES $18 BLN
Lawyers for BP have called for a retrial or a revised judgment after spotting what they believe to be a legal mistake in the court ruling last month that the company acted with gross negligence in the 2010 Deepwater Horizon disaster.
2014, October, 2, 20:45:00
RUSSIAN OIL OUTPUT: 10.61 MLN BPD
Oil production in Russia increased by almost 0.9 percent month-on-month in September to 10.61 million barrels per day (bpd) largely because of increased output at joint ventures with foreign majors, Energy Ministry data showed on Thursday.
2014, October, 2, 20:40:00
RUSSIAN GAS DOWN
Russia cut natural gas supplies to European Union member Slovakia by 50% Wednesday, Moscow's latest and most significant reduction in energy supplies to an EU country that is helping Ukraine build gas supplies ahead of winter.
2014, October, 2, 20:35:00
EUROPEAN GAS WINTER
A cat and mouse game is on between Europe and Russia over gas supplies as the continent switches into the winter heating season.
2014, October, 2, 20:25:00
BLUE STREAM IS RISING
It was agreed to load Blue Stream with Russian natural gas to full capacity as soon as possible in order to satisfy the growing demand of Turkish consumers.
2014, October, 2, 20:15:00
IRAN CAN SUPPLY
The European Union is looking for alternative gas supply sources as a result of Russian involvement in the Ukrainian crisis and it now seems that it may be looking towards Iran to fulfil this need.
2014, October, 2, 20:10:00
U.S. OIL EXPORTS RISES
U.S. oil exports are set to surpass a record held since 1957 as traders find ways around a four-decade ban on supplies leaving the country.
2014, October, 2, 20:05:00
LNG AT RISK
Liquefied natural gas projects in Africa, Canada and Australia face delays or even cancellation as global demand growth slows and U.S. output increases, according to Goldman Sachs Corp.
2014, October, 2, 20:00:00
EXXON FINDING IN RUSSIA
At another time or in a different place, the oil and gas field ExxonMobil has discovered in the Russian Arctic would have been a cause for jubilation at its Texas headquarters.
2014, October, 2, 19:55:00
NEW OIL BABY: $525 MLN
In the wake of an energy overhaul that ends Mexico's state oil monopoly, a new exploration and production company was born with the name Sierra Oil & Gas, which Chief Executive Ivan Sandrea says already has a wealth of global expertise.
2014, October, 2, 19:50:00
NORWEGIAN ENERGY COMPANY DOWN
Shares in Norwegian Energy Company ASA (NOR. OS) plunged over 70% Wednesday and the oil firms chairman resigned after it warned that it could face problems in meeting its financial commitments.
