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News
2019, April, 10, 10:55:00

BULGARIA'S TURKSTREAM

Bulgaria, which is heavily dependent on Russian gas for its domestic needs, will lose hefty transit fees when TurkStream becomes operational at the end of this year and Gazprom stops its gas deliveries to Turkey, Greece and Macedonia via Bulgaria in 2020.

News
2019, April, 10, 10:50:00

ARAMCO SELLS $12 BLN

REUTERS - Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company.

News
2019, April, 10, 10:45:00

RUSSIA'S GAS FOR FRANCE +58%

It was noted that France ranks among Gazprom's key markets in Europe. The Company's gas exports to the country grew by 58 per cent in five years, reaching 12.9 billion cubic meters in 2018.

News
2019, April, 10, 10:40:00

U.S. SHALE OIL JOBS CUTS

Having slashed spending plans and run out of willing buyers for assets, some U.S. shale producers are turning to workforce cuts as investors step up demands for returns.

News
2019, April, 10, 10:35:00

PAKISTAN'S ECONOMY WILL UP 3.4%

Pakistan’s economic growth will decelerate to 3.4 percent in FY19 and 2.7 percent in FY20, as fiscal and monetary policies are tightened to address macroeconomic imbalances.

News
2019, April, 10, 10:30:00

CANADA'S LNG FOR JAPAN

Japan’s JERA, the world’s top buyer of liquefied natural gas, on Tuesday said it had signed an agreement with a Mitsubishi Corp unit to buy up to 16 cargoes, or 1.2 million tonnes per annum (mtpa), of LNG from the LNG Canada project.

News
2019, April, 8, 12:10:00

OIL PRICE: ABOVE $70

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well as strong U.S. jobs data.

News
2019, April, 8, 11:55:00

RUSSIA'S ARCTIC ENERGY UP

No project better symbolizes Russia ambitions in the Arctic than Yamal LNG. The project cost $27 billion to construct, excluding the adjacent infrastructure paid for by the Russian Federation.

News
2019, April, 8, 11:50:00

GAZPROM'S BLOCKCHAIN

GAZPROM - As for digitalization, we are working towards it, specifically towards the digitalization of the gas supply process and the implementation of the distributed ledger technology in our operations.

News
2019, April, 8, 11:40:00

OPEC'S OIL PRODUCTION DOWN 570 TBD

PLATTS - OPEC in March tightened the oil market considerably, slashing 570,000 b/d from its February output level, as Saudi Arabia continued to implement production cuts and Venezuela suffered from extensive power outages on top of US sanctions, an S&P Global Platts survey found.

News
2019, April, 8, 11:35:00

8 UNDERVALUED ENERGY STOCKS

Investors with a long-term horizons could give a look to Energy Industry. According a Value Line Report on Petroleum Industry, Oil Price above $50 a barrel provide some assurance that existing dividend will be maintained.

News
2019, April, 8, 11:30:00

RUSSIA'S NOVATEK LNG 140 MMT

PLATTS - Russian independent gas producer Novatek sees the resource base at Northern Yamal and Gydan peninsulas as allowing for output of 140 million mt/year of LNG, CEO Leonid Mikhelson said Friday.

News
2019, April, 8, 11:25:00

DEMAND FOR ARAMCO'S BOND ABOVE $30 BLN

REUTERS - Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday.

News
2019, April, 8, 11:20:00

U.S. LPG FOR INDIA UP

PLATTS - US LPG is being exported directly to India in a new evolution of global trade flow, with four Very Large Gas Carriers laden with LPG set to reach India in April, and cargoes have been set to be delivered for May and June as well.

News
2019, April, 8, 11:15:00

GAS PIPELINE FOR BRAZIL $8.6 BLN

REUTERS - A consortium led by French utility Engie has won a bid for Petrobras’ TAG pipeline arm with an $8.6 billion offer, in a deal that boosts Engie’s presence in a fast-growing sector and will help Petrobras cut its debts.

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