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Oil&Gas

Oil&Gas
2017, March, 29, 19:00:00
РОССИЯ ПРИВЕРЖЕНА ДЕКЛАРАЦИИ
Принятие ОПЕК и ключевыми не входящими в ОПЕК производителями нефти Декларации о сотрудничестве от 10 декабря 2016 г. стало историческим по своему значению шагом, открывающим новую веху в развитии всего глобального нефтяного рынка.
Oil&Gas
2017, March, 29, 18:55:00
СОТРУДНИЧЕСТВО РОССИИ И ИРАНА
Особое внимание было уделено расширению сотрудничества в нефтегазовой сфере в области разведки, добычи, транспортировки углеводородного сырья. Стороны договорились продолжать конструктивное взаимодействие в рамках Форума стран – экспортеров газа, нацеленное на формирование справедливого баланса интересов производителей и потребителей газа, а также на более широкое применение этого экономически эффективного и экологически чистого ископаемого вида топлива в глобальном энергобалансе, в том числе в целях снижения выбросов парниковых газов.
Oil&Gas
2017, March, 29, 18:50:00
RUSSIAN ARCTIC OIL: $70
“We estimate production costs for the Russian Arctic offshore in the range of $70 to $100 a barrel,” Energy Minister Alexander Novak said by email. These reserves “are our backup stock,” he said before the International Arctic Forum in Russia’s Arkhangelsk that began Wednesday.
Oil&Gas
2017, March, 29, 18:45:00
GAZPROM - NIOC COOPERATION
Russian top gas producer Gazprom and National Iranian Oil Company (NIOC) signed a memorandum on cooperation in the gas sphere on Tuesday.
Oil&Gas
2017, March, 27, 18:40:00
SINOPEC NET PROFIT UP TO 74%
The state-owned company, known as Sinopec Corp, saw fourth quarter net profit jump to 17.25 billion yuan from 9.9 billion yuan in the third quarter, it said in a statement to the Shanghai Stock Exchange.
Oil&Gas
2017, March, 22, 19:00:00
PRICES COULD BE LOWER
The crude oil contract for April delivery on the New York Mercantile Exchange dropped 56¢ on Mar. 20 to $48.22/bbl. The May contract fell by 40¢ to $48.91/bbl. The Brent crude contract for May on London’s ICE decreased 14¢ to $51.62/bbl. The June contract dropped 16¢ to $51.79/bbl. The gas oil contract settled at 458.50/tonne on Mar. 20, up $1.75. The average price for OPEC’s basket of benchmark crudes on Mar. 20 was $49.18/bbl, down 18¢.
Oil&Gas
2017, March, 22, 18:50:00
SAUDI'S ENERGY INVESTMENT $124 BLN
Saudi Arabia leads countries of the Middle East and North Africa (MENA) in future energy investment.
Oil&Gas
2017, March, 21, 18:45:00
SOUTH PARS: 35,000 BPD
Production from the layer will reach 35,000 barrels per day once its wells are fully operational.
Oil&Gas
2017, March, 21, 18:40:00
NORWAY'S OIL PRODUCTION DOWN 25,000
Preliminary production figures for February 2017 show an average daily production of 2 010 000 barrels of oil, NGL and condensate, which is a decrease of 25 000 barrels per day (approx. 1 percent) compared to January.
Oil&Gas
2017, March, 16, 18:55:00
CHINA'S INVESTNENT TO SAUDI
The nation’s $814 billion China Investment Corp. would be the principle investor in the planned flotation by Saudi Arabian Oil Co., according to the people, who asked not to be identified because the talks are private. China National Petroleum Corp. may also invest in the IPO, they said. No formal agreement has been reached, according to the people.
Oil&Gas
2017, March, 16, 18:35:00
UK OIL & GAS BREXIT
In terms of regulation and policy for the upstream oil and gas industry, much of the EU legislation and directives were either based on established UK customs and practices or are already enshrined in UK law. Although it will take some considerable time to untangle the complex regulatory and policy frameworks, the impact for the oil and gas industry is likely to be modest. In terms of the UK oil and gas tax system, little is expected to change as a result of Brexit as the EU has no remit over the UK’s fiscal regime for the industry.
Oil&Gas
2017, March, 16, 18:30:00
TESCO NET LOSS $117.9 MLN
TESCO reported a U.S. GAAP net loss of $20.1 million, or $(0.43) per diluted share, for the fourth quarter ended December 31, 2016. Adjusted net loss for the quarter was $13.3 million, or $(0.28) per share, excluding special items, consisting primarily of several charges related to receivables and restructuring costs. This compares to a U.S. GAAP net loss of $22.1 million, or $(0.48) per diluted share in the third quarter of 2016, and a U.S. GAAP net loss of $78.1 million, or $(2.00) per diluted share, for the fourth quarter of 2015. Adjusted net loss in the third quarter of 2016 was $17.3 million, or $(0.37) per diluted share, and in the fourth quarter of 2015 was $13.4 million, or $(0.33) per diluted share.
Oil&Gas
2017, March, 14, 18:50:00
U.S. OIL & GAS UP
April's U.S. oil production will up 109 tbd, gas production will up 562 mcfd.
Oil&Gas
2017, March, 14, 18:35:00
PAKISTAN OIL DEMAND UP 13%
Pakistan's economy expanded 4.2% in 2016, foreign investment has continued to grow -- attracted by the multi-billion dollar China-Pakistan Economic Corridor project -- and improvements in the country's security front, following the government's efforts to combat terrorism, have also led to economic gains and additional investment.
Oil&Gas
2017, March, 14, 18:30:00
SAUDI - JAPAN TALKS
Trade between the countries fell overall last year as oil prices dropped. Japan's 2.1 trillion yen ($18.6 billion) in imports from Saudi Arabia in 2016, mostly oil and gas, dwarfed its exports of 546.3 billion yen ($4.8 billion).