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Oil&Gas

Oil&Gas
2022, September, 16, 15:55:00
EUROPEAN GAS PRICES DOWN YET
Benchmark futures fell as much as 9.6%, following extreme volatility this month. Rising gas stockpiles and ample supplies of liquefied natural gas have pulled prices back from August records, but they’re still more than seven times higher than the typical levels for this time of year.
Oil&Gas
2022, September, 16, 15:45:00
RUSSIA, CHINA, MONGOLIA CLOSE PARTNERSHIP
The Russian-Chinese interstate interaction can be regarded as a model. The foreign policy tandem of Moscow and Beijing plays a key role in ensuring global and regional stability.
Oil&Gas
2022, September, 16, 15:35:00
RUSSIA, UZBEKISTAN STRATEGIC PARTNERSHIP
Following the talks, both presidents signed a declaration on comprehensive strategic partnership between the Russian Federation and the Republic of Uzbekistan.
Oil&Gas
2022, September, 16, 15:30:00
RUSSIA, TURKMENISTAN STRATEGIC PARTNERSHIP
We can state that the level of strategic partnership that has been attained and outlined in relevant documents is present not only on paper, but in real life as well.
Oil&Gas
2022, September, 15, 16:30:00
EUROPEAN GAS PRICES RISE
Benchmark futures jumped as much as 12%. The European Commission’s radical intervention plan includes raising 140 billion euros ($140 billion) for consumers from energy companies’ earnings, as also mandatory curb on peak power demand and boosting liquidity.
Oil&Gas
2022, September, 15, 16:25:00
EUROPEAN ENERGY CRISIS €140 BLN
The plan is expected to raise €140bn, including €117bn from the temporary revenue cap on inframarginal electricity producers and €25bn from the temporary solidarity contribution based on taxable surplus profits made in the fiscal year 2022 on energy undertakings in the oil, gas, coal and refinery sectors
Oil&Gas
2022, September, 15, 16:20:00
GERMANY WITHOUT RUSSIAN GAS
The risks of shortages drove gas prices higher for a third day. The European Commission this week unveiled radical intervention plan including raising 140 billion euros ($140 billion) for consumers from energy companies’ earnings, mandatory curb on peak power demand and boosting liquidity.
Oil&Gas
2022, September, 14, 13:00:00
OIL GAS DIGITAL TRANSFORMATION
Digital transformation in oil and gas is more of a transformation problem than it is a digital one. Many executives are hesitant to invest heavily in digital transformation but continue to be hampered by the cost of poor quality.
Oil&Gas
2022, September, 14, 12:55:00
GLOBAL RENEWABLES FROM CHINA
The developed nations of Europe and the UK have played into the hands of Russia by closing coal and nuclear generation facilities and becoming dependent on renewables and Russian natural gas, rather than developing their own natural gas reserves.
Oil&Gas
2022, September, 9, 14:15:00
OIL PRICES 2022-23: $98 - $97
The Brent crude oil spot price averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023.
Oil&Gas
2022, September, 6, 13:50:00
EUROPEAN ENERGY INFLATION
Benchmark energy futures fell after jumping on Monday, with Dutch front-month gas losing as much as 13% and German year-ahead power falling 11%.
Oil&Gas
2022, September, 5, 14:25:00
EUROPEAN COLD WINTER
That should help to make future decision making easier. But it is not going to help keep us warm this winter or indeed even in winter 2024.
Oil&Gas
2022, September, 5, 13:55:00
ESG & ENERGY INVESTMENT
The growing emphasis on ESG is a key component in the upstream oil and gas industry.
Oil&Gas
2022, August, 23, 10:40:00
RUSSIAN ENERGY FOR CHINA UP
Russia is now China’s top supplier of the fuel, supplanting Indonesia after the Southeast Asian nation deterred buyers by raising prices.
Oil&Gas
2022, August, 22, 13:10:00
NORWAY OIL, GAS PRODUCTION 1.876 MBD
Preliminary production figures for July 2022 show an average daily production of 1 876 000 barrels of oil, NGL and condensate.