News
2014, October, 7, 21:20:00
DESPITE WHITE HOUSE POLICIES
The president’s economic address at Northwestern University celebrated the results of America’s energy revolution but omitted key steps forward, according to API President and CEO Jack Gerard.
2014, October, 7, 21:00:00
KUWAIT CANSELS $1.4 BLN
Kuwait Petroleum International has cancelled a planned $1.4 billion investment in its 88,000 barrel per day (bpd) Rotterdam refinery and may sell it, a spokesman said, as Europe's refiners struggle with overcapacity and global competition.
2014, October, 7, 19:55:00
ISRAEL: GAS IS A KEY
After this summer’s war in Gaza battered Israel’s international reputation, the country’s leaders say they have a new foreign policy tool to build relations with its neighbors: natural gas.
2014, October, 6, 20:45:00
ROSNEFT OFFERS OILFIELD
Russia's Rosneft Offers Stake in an Oilfield to ONGC Videsh
2014, October, 6, 20:40:00
SOUTH STREAM PROGRESS: $40 BLN
The Russia-led South Stream undersea gas pipeline is still going ahead, Energy Minister Alexander Novak was quoted as saying on Saturday, following concerns the European Union might be losing enthusiasm for the project.
2014, October, 6, 20:35:00
IRAN & RUSSIA GAS
Iran won't replace Russia as top gas supplier - Tass quotes Rouhani
2014, October, 6, 20:30:00
FINLAND & RUSSIA DEAL
Despite European Union calls for member states to curb ties with Russia over its aggression toward Ukraine, Finland looks set for closer links with Moscow in energy.
2014, October, 5, 14:20:00
RUSSIA SANCTOINS: OIL TO U.S.
One of Russia’s prized oils, facing increased competition in Asia, is traveling to a rather unlikely destination: the U.S. West Coast.
2014, October, 5, 14:15:00
US & UAE AGREEMENT
A memorandum of understanding signed by the US and the United Arab Emirates will focus on five areas: energy policy formulation, energy efficiency, the energy-water nexus, carbon capture and storage, and unconventional oil and gas development.
2014, October, 5, 14:05:00
OPEC PRICE WAR
Discord at OPEC is turning into a price war, loosening the cartel’s grip on the oil market and exacerbating a recent steep selloff.
2014, October, 5, 14:00:00
STATOIL: GAS TO UKRAINE
Ukraine national natural gas company Naftogaz said on Friday it has signed an agreement with Norwegian energy company Statoil ASA to deliver gas to Ukraine.
2014, October, 4, 12:25:00
GAZPROM INDEPENDENCE
Gazprom Neft continues independent studies of shale oil deposits
2014, October, 3, 20:10:00
OIL HAS FALLEN
Brent crude hit a 28-month low on Thursday while benchmark US oil dropped below the $90 a barrel mark for the first time since April 2013, pointing to significant stocks on both sides of the Atlantic.
2014, October, 3, 20:09:00
BP CHALLENGES $18 BLN
Lawyers for BP have called for a retrial or a revised judgment after spotting what they believe to be a legal mistake in the court ruling last month that the company acted with gross negligence in the 2010 Deepwater Horizon disaster.
