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Downstream

Downstream
2016, November, 8, 18:45:00

СОТРУДНИЧЕСТВО РОССИИ И ЯПОНИИ

Министр энергетики Российской Федерации Александр Новак и Министр экономики, торговли и промышленности Японии Хиросигэ Сэко провели первое заседание Российско-Японского Консультационного энергетического совета.

Downstream
2016, October, 24, 18:45:00

U.S. OIL PRODUCTION DOWN 8.9%

U.S. crude oil production declined 8.9 percent from year ago levels. However, at an average of 8.6 million barrels per day, domestic crude oil production in September increased by 0.8 percent from August–the first month over month increase in six months. Compared with year to date 2015, domestic crude oil production declined 6.1 percent. Compared to third quarter of 2015, crude oil production decreased 8.5 percent for the third quarter of 2016. September crude oil production was the third highest level for the month and the second highest year to date level in 31 years, since 1985.

Downstream
2016, October, 6, 18:40:00

ROSNEFT & PERTAMINA AGREEMENT

Rosneft and Pertamina signed an Agreement envisaging the creation of a Joint Venture (JV) with the scope of implementing the project for the construction of the Tuban refining and petrochemical complex to be located in the eastern part of Java (Indonesia).

Downstream
2016, September, 9, 14:05:00

REFINING PROFITS DOWN

The decline in earnings was driven largely by the decline in crack spreads (the price difference between crude oil and petroleum products) in the second quarter. In addition to changes in crack spreads, which serve as an indicator of refinery profits, earnings per barrel reflect transportation costs and other operating expenses. Also, refiners use different crude oil blends and produce different yields of refined products, which changes the per barrel earnings among refiners.

Downstream
2016, September, 1, 18:35:00

BP &CNPC CONTRACT

“Combining CNPC’s operational expertise with BP’s technology and experience, we now expect to leverage the synergies between these blocks. This new PSC clearly demonstrates our continued commitment to invest in projects in China which will deliver long-term value to BP, to our Chinese partners and, most importantly, to the country.”

Downstream
2016, August, 22, 18:40:00

CHINA'S FUEL EXPORTS UP

Customs data showed on Monday that diesel exports rose 181.8 percent to a record 1.53 million tonnes, almost tripling China's average monthly export volume in 2015.

Downstream
2016, August, 18, 18:30:00

IRAN & INDONESIA AGREEMENT

Indonesia's Pertamina has signed a deal with Petrochemical Commercial Company (PCC) of Iran for the import of refined petroleum and petrochemical products.

Downstream
2016, August, 15, 19:00:00

RUSSIA - SAUDI TALKS

"With regard to the cooperation with Saudi Arabia, the dialogue between our two countries is developing in a tangible way, whether in the framework of a multi-party structure or on a bilateral level," Novak was quoted as saying.

Downstream
2016, August, 9, 18:35:00

IRAN - INDONESIA COOPERATION

Indonesia is looking to increase imports of LPG, petrochemical products and crude oil from Iran in the near future. Earlier this year, Indonesia inked a deal to buy LPG from Iran.

Downstream
2016, August, 8, 18:40:00

CHINA'S FUEL EXPORTS UP 52.3%

"Growth in China's fuel exports will be strong throughout the third quarter," a Beijing-based trader said. "Refiners are starting to tighten crude runs as well as increase exports to balance the surplus in the domestic market."

Downstream
2016, August, 1, 19:10:00

РОССИЯ - ИРАН: БОЛЕЕ 70 ПРОЕКТОВ

В ближайшее время будет подписана дорожная карта, направленная на реализацию более 70 совместных проектов. Стратегическое направление сотрудничества - газовая отрасль.

Downstream
2016, July, 29, 18:55:00

BG LOSES MARKET

Nearly 400,000 UK households left British Gas in the first six months of this year, as the company found its market share being taken by independent energy suppliers.

Downstream
2016, July, 13, 14:28:00

2017: OIL MARKET BALANCE

Global consumption of petroleum and other liquid fuels is estimated to have grown by 1.4 million b/d in 2015. EIA expects global consumption of petroleum and other liquid fuels to increase by 1.4 million b/d in 2016 and by 1.5 million b/d in 2017, mostly driven by growth in countries outside of the Organization for Economic Cooperation and Development (OECD). Non-OECD consumption growth was an estimated 1.0 million b/d in 2015, and it is expected to be 1.3 million b/d in 2016 and 1.5 million b/d in 2017.

Downstream
2016, July, 13, 13:43:00

2017: RISING OIL DEMAND

Oil prices have recovered more than 70 percent from the 12-year low reached earlier this year as OPEC’s strategy to pressure rivals with lower prices slowly succeeds in eliminating a surplus. Output in the U.S. has retreated to a two-year low as the boom in shale oil production faltered, while Saudi Arabia told OPEC it raised output last month close to a record.

Downstream
2016, July, 7, 18:30:00

SLOW ASIAN DEMAND

After half a year of strong oil price rises, Asian crude demand is slowing and by some measures falling, and many market participants suspect it is not just a cyclical phenomenon, but also a product of more permanent structural changes.

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OIL (928)
GAS (715)
RUSSIA (454)
GAZPROM (201)
ROSNEFT (165)
U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)