News
2015, January, 6, 13:10:00
U.S. CAN BE NEXT
US can be next Saudi Arabia for oil, says ex-US Treasury Secretary Summers
2015, January, 6, 13:05:00
SAUDI RAISES PRICE
Saudi Arabia Raises Price of Main Oil Grade for Asian Buyers
2015, January, 6, 13:00:00
U.S. OIL: MUCH WORSE
Biggest Oil-Rig Drop Since 2009 Spells Tough Year Ahead
2015, January, 6, 12:55:00
OIL PRICES: BELOW $50
Oil extended losses below $50 a barrel amid speculation that U.S. crude inventories will expand, exacerbating a global supply glut that’s driven prices to the lowest level since April 2009.
2015, January, 6, 12:50:00
RUSSIA & IRAQ OIL SUPPLIES
Oil supplies in Iraq and Russia surged to the highest level in decades, signaling no respite in early 2015 from the glut that has pushed crude prices to their lowest in five years.
2015, January, 6, 12:45:00
RUSSIA & INDIA: SHALE OIL
Oil & Natural Gas Corp. (ONGC), India’s biggest energy explorer, is banking on the world’s largest shale oil reserves to save its Russian acquisition. Stumbling blocks include oil prices at a five-year low and U.S. sanctions.
2015, January, 4, 21:35:00
RUSSIAN LNG INVESTMENTS UP
Russia announced state aid for a major energy project on Wednesday under a drive to shore up strategic firms as well as public faith in its banking system during an economic crisis deepened by Western sanctions.
2015, January, 4, 21:30:00
RUSSIA & CHINA PARTNERSHIP
Russian-Chinese energy partnership gaining momentum
2015, January, 4, 21:25:00
TURKEY & RUSSIA: SOUTH STREAM
Turkish Ambassador to Russia noted that energy cooperation with Russia was strategically important for Turkey, stressing that the sides are discussing potential routes for a new Black Sea gas pipeline.
2015, January, 4, 21:20:00
RWE OFFERS €5.1 BLN
RWE is seeking to insert safeguards into a €5.1bn contract to sell North Sea gasfields to a Russian billionaire that would ensure the assets remain operational in the event of further sanctions.
2015, January, 4, 21:15:00
DUBAI SHARES DECLINES
Dubai Shares Lead Gulf Declines as Oil Rout Extends Into 2015
2015, January, 3, 22:00:00
2015: U.S. OIL GROWTH
Despite lower crude oil prices, U.S. crude oil production expected to grow in 2015
2015, January, 3, 21:55:00
2014: RUSSIA OIL 10.58 MLN BPD
Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed.
