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News
2014, October, 12, 20:05:00
ROSNEFT & MORGAN STANLEY: NO GUARANTEES
Morgan Stanley ’s deal to sell an oil trading business to Rosneft , the state-owned Russian oil group, is close to collapse amid the profound chill in relations between Russia and the US.
News
2014, October, 12, 20:00:00
ROSNEFT SEEKS LAWYERS: $28 MLN
Russia's top oil producer Rosneft has turned to UK-certified lawyers in its fight against Ukraine-related Western sanctions which have hit the company's output and prospects for its push to tap Arctic riches.
News
2014, October, 12, 19:55:00
GAZPROM: STOP LNG
Gazprom has said it could shelve its Vladivostok liquefied natural gas project as the Russian state-controlled energy giant focuses on supplying more gas to China by pipeline.
News
2014, October, 11, 20:50:00
OIL: STABLE REDUCTION
Crude oil prices stabilised Friday after dropping significantly this week.
News
2014, October, 11, 19:40:00
U.S. HAS GONE BUST
The share-price boom at U.S. energy firms has gone bust, due to slumping global growth and tumbling crude prices.
News
2014, October, 11, 19:35:00
OIL MAJORS RAN: $55 BLN
This year's fall in energy prices is hastening the decline of big oil, as the seven Western majors sell-off assets, cut investment, return money to shareholders and shrink in size, leaving ever more output to small producers and state firms.
News
2014, October, 11, 19:30:00
OIL PRICES DOWN
West Texas Intermediate extended its slump into a bear market amid speculation that rising global oil supplies will be more than enough to meet slowing demand. London’s Brent traded at the lowest price since December 2010.
News
2014, October, 11, 19:25:00
EU GAS CRISIS
European Energy Commissioner Guenther Oettinger has asked Ukraine and Russia to take part in another round of talks to try to solve a gas pricing row on Oct. 21 in Berlin, a Commission official said on Thursday.
News
2014, October, 11, 19:15:00
ASIA REDUCES SUBSIDIES
Consumers in many Asian countries are missing out on the benefits of a global slide in oil prices and instead paying more at the pump as governments cut down on expensive energy subsidies.
News
2014, October, 11, 19:10:00
RUSSIA SANCTIONS: STOP BNP PARIBAS
French banking giant BNP Paribas SA has stopped offering letters of credit to finance commodities trades involving sanctioned Russian banks, according to people familiar with the matter—the latest fallout from tightening economic restrictions imposed by the West against Moscow.
News
2014, October, 11, 19:05:00
KASHAGAN: RISE $4 BLN
The cost of Kashagan, already the world’s most expensive oil project, is set to rise by nearly $4bn as the companies developing it are forced to replace 200km of leaking pipelines.
News
2014, October, 11, 19:00:00
EXXON WINS $1.6 BLN
A World Bank arbitration tribunal on Thursday ordered Venezuela to pay Exxon Mobil Corp about $1.6 billion to compensate for oil nationalization in 2007, though state oil company PDVSA expects to eventually pay closer to $1 billion.
News
2014, October, 9, 20:35:00
EIA: BRENT OIL: $102/BBL IN 2015
EIA projects average U.S. household expenditures for natural gas, heating oil, electricity, and propane will decrease this winter heating season (October 1 through March 31) compared with last winter, which was 11% colder than the previous 10-year average nationally.
News
2014, October, 9, 20:20:00
ARGENTINE TANGO
Gazprom and Argentina address potential of joint gas projects
News
2014, October, 9, 20:05:00
EU: CANADA OIL
Canada scored a victory Tuesday when the European Union ditched plans to label oil derived from oil sands as dirtier than other forms of crude, removing a major potential obstacle to exporting the controversial fuel to Europe.