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Oil&Gas

Oil&Gas
2016, November, 1, 18:50:00
ROSNEFT & BP: YERMAK NEFTEGAZ
Rosneft and BP announce the completion of the deal to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation.
Oil&Gas
2016, October, 31, 18:40:00
GE & BAKER HUGHES: $32 BLN
- Combination creates an unparalleled company positioned to deliver value for customers and investors - GE to own 62.5% and Baker Hughes shareholders to own 37.5% of the “New” Baker Hughes - GE to contribute $7.4 billion to fund the $17.50 per share special dividend to existing Baker Hughes shareholders
Oil&Gas
2016, October, 31, 18:30:00
U.S. RIGS UP 4
U.S. Rig Count is down 218 rigs from last year's count of 775, with oil rigs down 137, gas rigs down 83, and miscellaneous rigs up 2. Canadian Rig Count is down 38 rigs from last year's count of 191, with oil rigs down 11, gas rigs down 28, and miscellaneous rigs up 1.
Oil&Gas
2016, October, 26, 18:45:00
RUSSIA: THE LARGEST PRODUCER
Russia is the world's largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas. Russia also produces significant amounts of coal. Russia's economy is highly dependent on its hydrocarbons, and oil and natural gas revenues account for more than 40% of the federal budget revenues.
Oil&Gas
2016, October, 26, 18:40:00
RUSSIA - NORWAY EXCHANGE
The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea.
Oil&Gas
2016, October, 25, 18:45:00
IRAN WANTS $200 BLN
He further quoted Iranian Minister of Petroleum Bijan Zangeneh as saying that Iran would need at least 200 billion dollars of investment in its upstream and downstream sectors under the development plan.
Oil&Gas
2016, October, 24, 18:50:00
МЕДЛЕННОЕ ВОССТАНОВЛЕНИЕ РЫНКА
«Сегодня у нас есть общее понимание, что рынок восстанавливается медленно, инвестиции в отрасль находятся на рекордно низком уровне, запасы существенно превышают средние значения за пять лет. Мы видим целесообразность принятия мер для балансировки рынка в ближайшие месяцы с целью возврата инвестиций и снижения волатильности», - отметил Александр Новак, выступая на пресс-конференции по итогам переговоров.
Oil&Gas
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.
Oil&Gas
2016, October, 24, 18:35:00
U.S. RIGS UP 14
U.S. Rig Count is down 234 rigs from last year's count of 787, with oil rigs down 151, gas rigs down 85, and miscellaneous rigs up 2. Canadian Rig Count is down 47 rigs from last year's count of 190, with oil rigs down 15, and gas rigs down 32.
Oil&Gas
2016, October, 21, 18:45:00
RUSSIAN OIL&GAS INVESTMENT
However, Russian oil and natural gas companies’ capital investment programs have been less affected, if at all.
Oil&Gas
2016, October, 20, 18:40:00
BP: IMPROVING ENERGY EFFICIENCY
We expect global GDP to more than double over the next 20 years, while energy demand increases by only 30%. The difference between those two things is improving energy efficiency or declining energy intensity. That is critical in underpinning the shift we expect to see in the rate of growth of carbon emissions. We think the energy intensity of GDP will decline much more rapidly than we’ve ever seen before.
Oil&Gas
2016, October, 20, 18:30:00
THE NEW TIMES OF UAE
An oasis of calm in a hot region, the UAE is at once a critical geo-market and the ideal gateway to the most important oil and gas region in the world.
Oil&Gas
2016, October, 18, 18:50:00
THE FIRST IRANIAN TENDER
Deputy Minister of Petroleum Ali Kardor said that National Iranian Oil Company (NIOC) has released its first tender announcement for verification of the qualifications of foreign bidders.
Oil&Gas
2016, October, 18, 18:45:00
NORWAY'S OIL PRODUCTION DOWN 344 TBD
Preliminary production figures for September 2016 show an average daily production of 1 591 000 barrels of oil, NGL and condensate, which is a decrease of 344 000 barrels per day (approx. 18 percent) compared to August.
Oil&Gas
2016, October, 18, 18:35:00
U.S. OIL PRODUCTION DOWN 30 TBD
USA oil production down 30 tbd, gas production down 178 mcfd.