News
2016, June, 21, 21:10:00
PRICE: $50 ISN'T ENOUGH
The California-based fund manager, which is among the largest shareholders of natural resources groups including BP Plc, Total SA, Glencore Plc and Chevron Corp. through dozens of funds, believes that $50 a barrel isn’t high enough to stimulate the increase in supply needed to meet future oil demand.
2016, June, 21, 21:05:00
GAZPROM & SHELL SWAP
Gazprom's Deputy Chief Executive Alexander Medvedev said the BG holdings could be included in an asset swap deal between Gazprom and Shell that was announced last year. He did not say what the BG holdings were or where they were located.
2016, June, 21, 21:00:00
GAZPROM & SLOVAK REPUBLIC MEETING
The parties addressed the Russian-Slovak cooperation in the gas sector, discussing, inter alia, the collaboration between Gazprom and Slovak companies in gas supply and its transit via the Republic.
2016, June, 20, 18:20:00
ROSNEFT SOLD VANKOR
Rosneft and Consortium of Indian Companies led by Oil India Limited along with Indian Oil Corporation Ltd. and Bharat PetroResources have signed the agreement of sale and purchase of 23.9% in Vankorneft and the shareholders agreement at the XX St. Petersburg International Economic Forum.
2016, June, 20, 18:15:00
JAPAN RESHAPES MARKET
“Now is our chance, and we have a window of three or four years to act,” before the balance of supply and demand might change, said Ken Koyama, a managing director and senior economist at Japan’s Institute of Energy Economics, which advises the Japanese government on energy policy.
2016, June, 20, 18:10:00
UKRAINE NEED MONEY
Shipping 110bn m³/yr would cost Gazprom a quarter of the amount it would spend if it used Nord Stream, while booking capacity for 70bn m³/yr would still cost it only a third as much.
2016, June, 20, 18:05:00
LEVIATHAN'S DEVELOPMENT
According to a development plan approved this month by the energy ministry, Leviathan's three anchor customers for its phase 1 development are expected to be the domestic Israeli market, the Jordanian power company Nepco and the Egyptian consortium Dolphinus Holdings, which was supposed to purchase gas from Tamar last year in a deal that has not materialized.
2016, June, 20, 18:00:00
CANADA'S HOPE PRICE: $2 BLN
Since January, nearly $2 billion has been raised by Canadian non-oilsands producers on equity markets, but most of it has been geared to paying down debt or funding acquisitions, not for drilling new wells
2016, June, 19, 17:40:00
ДЕФИЦИТ ИНВЕСТИЦИЙ $550 BLN
"Рыночные инструменты работают. Общее недоинвестирование — порядка 550 миллиардов долларов за последние 3 года. Это огромный уход инвестиций. Мы видим даже риски того, что через несколько лет возникнет недостаток нефти из-за недоинвестирования и растущего спроса", - отметил Министр энергетики.
2016, June, 19, 17:35:00
КРИСТАЛЛИЗАЦИЯ МИРОВОГО РЫНКА
Стоимость добычи нефти в России – $2 за баррель. Увеличить добычу нефти в 2015 г. удалось благодаря новым проектам, которые были запущены с поддержкой государства. В России уникальная ресурсная база, отметил Сечин. Это позволит удержать добычу стабильной до 2035 г.
2016, June, 19, 17:30:00
GAZPROM'S SEVEN REASONS
Gazprom's accumulated after-tax dividends will total USD 6.9 billion by 2045.
Over the next 25 years, gas deliveries via Nord Stream 2 would be 2–2.7 times more economically efficient than the ones via Ukraine's GTS, which translates into USD 45–78 billion.
2016, June, 19, 17:25:00
GAZPROM: MARKET DECIDES
What determines dependence on Russian gas is what buyers buy, and the market decides that. Gas follows the price.
2016, June, 19, 17:20:00
GAZPROM WILL ELIMINATE
For us it is a principal issue. Gazprom has launched a programme to optimise expenses in the central corridor which now has free capacities which also cost us money. We will hence liquidate 4,300 km of pipes and close 62 compressor stations.
2016, June, 19, 17:15:00
SUSTAINABLE RUSSIAN OIL
Russia’s oil industry is “very resilient,” BP Plc CEO Bob Dudley said in St. Petersburg on Thursday. The nation’s resources are competitively priced and floating the currency has been helpful for costs, he said while announcing a new exploration joint-venture with Rosneft.
2016, June, 19, 17:10:00
ROSNEFT & BP: YERMAK NEFTEGAZ LLC
Igor Sechin, Rosneft CEO, said after signing: “These agreements serve as an example of full scale cooperation with BP, Rosneft’s strategic partner and largest minority shareholder. After creation of the Taas-Yuryakh Neftegazodobycha LLC joint venture we are now broadening the geography of our cooperation and creating a precedent which allows us to pursue cooperation in partnership with leading international companies to implement upstream projects at the largest Rosneft greenfield sites in West and East Siberia.”