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News
2019, March, 25, 11:20:00
GERMANY'S INDEPENDENCE UP
The parallel construction of the Nord Stream 2 natural gas pipeline and a sea terminal for liquefied natural gas (LNG) will reduce Germany’s dependence on individual countries for gas, economy and energy minister Peter Altmaier said
News
2019, March, 25, 11:15:00
BULGARIA'S GROWTH 3.3%
The Bulgarian economy continues to grow strongly, supported by buoyant domestic demand. Growth exceeded 3 percent in 2018 and is projected to maintain its momentum in 2019.
News
2019, March, 25, 11:10:00
TANZANIA'S LNG $30 BLN
Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.
News
2019, March, 25, 11:05:00
UAE GOVERNMENT'S SURPLUS DH67.5 BLN
The UAE government’s surplus posted Dh67.5 billion in 2018, according to the latest figures released by the Ministry of Finance.
News
2019, March, 25, 11:00:00
UAE, CHINA TRADE UP 17%
Prospects for two-way trade between the UAE and China remain bright despite a cloud of gloomy global economic sentiment cast by Washington’s trade war with Beijing, according to HSBC UAE CEO Abdul Fattah Sharaf.
News
2019, March, 25, 10:55:00
ADNOC, OMV AGREEMENT
Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan and Chancellor of Austria Sebastian Kurz attended the signing ceremony of Memorandum of Understanding (MoU) between Abu Dhabi National Oil Company (ADNOC) and OMV and Borealis to explore new opportunities for collaboration in the downstream sector.
News
2019, March, 25, 10:50:00
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.
News
2019, March, 25, 10:45:00
NUCLEAR WITH RUSSIA
South Africa's former president Jacob Zuma has defended his lobby for a proposed R1tn nuclear energy deal with Russia, saying it would have solved the country’s electricity crisis.
News
2019, March, 25, 10:40:00
U.S. NUCLEAR GUARANTEES $3.7 BLN
The US Department of Energy (DOE) has finalised further federal loan guarantees of USD3.7 billion for the continued construction of Vogtle units 3 and 4, Energy Secretary Rick Perry announced today during a visit to the construction site near Waynesboro, Georgia.
News
2019, March, 25, 10:35:00
U.S. RIGS DOWN 10 TO 1,016
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,016, with oil rigs down 9 to 824 and gas rigs down 1 to 192. Canada Rig Count is down 56 rigs from last week to 105, with oil rigs down 49 to 49 and gas rigs down 7 to 56.
News
2019, March, 22, 10:45:00
OIL PRICE: ABOVE $67 ANEW
Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.
News
2019, March, 22, 10:40:00
START OF KHARASAVEYSKOE FIELD
Full-scale development of Kharasaveyskoye field starts in Yamal Peninsula
News
2019, March, 22, 10:35:00
RUSSIA'S BUSINESS CONDITIONS
Russian President Vladimir Putin met on Wednesday heads of the world’s top oil traders Glencore and Vitol, as well as BP’s chief executive, among others, promising favorable conditions for business.
News
2019, March, 22, 10:30:00
COMPETITIVE RUSSIAN LNG
Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow.
News
2019, March, 22, 10:25:00
U.S. OIL PRODUCTION 12.1 MBD
U.S set a new record for oil production at 12.1 million barrels a day (mb/d) in February, continuing America’s position as the world’s leading oil producer.