Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

Oil&Gas

Oil&Gas
2016, July, 21, 15:07:00

U.S. DRILLING UP

Higher and more stable crude oil prices are contributing to increased drilling in the United States, which may slow the pace of production declines. Benchmark West Texas Intermediate (WTI) crude oil prices averaged $46.59 per barrel (b) over the last three weeks, a 40% increase over the average price in the first quarter.

Oil&Gas
2016, July, 19, 14:12:00

U.S. OIL COMPANIES UPDOWN

First-quarter 2016 financial results from U.S. onshore producers reveal an improving balance between capital expenditure and operating cash flow. Although operating cash flow was the lowest in any quarter in the past five years, larger reductions to capital expenditure brought these companies closest to self-finance (when capital investment can be paid for entirely from operating cash flow). With crude oil prices such as the global benchmark Brent price averaging over $45 per barrel in the second quarter—a 34% increase from first-quarter 2016—cash flow may improve and help offset declining revenue from lower production.

Oil&Gas
2016, July, 8, 18:15:00

THE TIMES ARE BETTER: $45 BLN

Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.

Oil&Gas
2016, July, 8, 18:05:00

WORLDWIDE RIG COUNT DOWN 729

The worldwide rig count for June 2016 was 1,407, up 2 from the 1,405 counted in May 2016, and down 729 from the 2,136 counted in June 2015.

Oil&Gas
2016, July, 8, 18:00:00

U.S. OIL WELL COMPLETIONS DOWN 69%

Estimated U.S. oil well completions decreased by 69 percent in the second quarter of 2016 compared to year-ago levels, according to API's 2016 Quarterly Well Completion Report, Second Quarter.

Oil&Gas
2016, July, 7, 18:25:00

RUSSIA: I'M BACK

The Association of Southeast Asian Nations’ 10 fast-growing members, with a combined $2.6 trillion economy, dire energy needs and rising military budgets, are a prime market for Russia’s top exports: hydrocarbons, energy technology and weapons.

Oil&Gas
2016, July, 6, 18:10:00

CHEVRON'S PROJECT: $36.8 BLN

"The Future Growth and Wellhead Pressure Management Project represents an excellent opportunity for the company," said Chevron Chairman and Chief Executive Officer John Watson. "The project builds on a record of strong performance at Tengiz and will add value for Chevron and its stockholders."

Oil&Gas
2016, July, 5, 18:15:00

SOUTHEAST ENERGY WAR

About $5 trillion in ship-borne trade passes every year though the energy-rich, strategic waters of the South China Sea, where China's territorial claims overlap in parts with Vietnam, the Philippines, Malaysia, Brunei and Taiwan.

Oil&Gas
2016, July, 5, 18:05:00

БОЛЬШАЯ НЕФТЬ АМЕРИКИ

США обошли Россию и Саудовскую Аравию по объему извлекаемых запасов нефти, по оценке Rystad Energy. Более половины запасов приходится на сланцевую нефть, которая будет разрабатываться после 2025 года

Oil&Gas
2016, July, 5, 18:00:00

PERTAMINA SEEK PARTNERS

Indonesia's state-owned oil and gas company Pertamina will seek partners to build a strategic petroleum reserve of about 25 million barrels to ensure energy security.

Oil&Gas
2016, July, 4, 18:50:00

U.S. OIL PRODUCTION DOWN 8%

US crude oil production during April amounted to 8.933 million b/d, a decline of 2.5% from the March average and 7.9% from the April 2015 average.

Oil&Gas
2016, July, 4, 18:35:00

U.S. RIGS UP 10

U.S. Rig Count is up 10 rigs from last week to 431, with oil rigs up 11 to 341, gas rigs down 1 to 89, and miscellaneous rigs unchanged at 1. Canadian Rig Count is unchanged from last week at 76, with oil rigs down 1 to 35, gas rigs up 1 to 40, and miscellaneous rigs unchanged at 1.

Oil&Gas
2016, July, 4, 18:10:00

CHEVRON'S PROJECT: $40 BLN

The company said this week in a presentation on its website that the decision on expanding the Tengiz development in Kazakhstan will be made in mid-2016. Installing 4,500 camp beds for construction crews is done and port dredging 25 percent complete, it said. The project may cost as much as $40 billion and add crude supply equivalent to that of Libya. The investment was put on hold last year after cost estimates ballooned amid plunging oil prices.

Oil&Gas
2016, June, 30, 18:40:00

CHINESE - NIGERIAN AGREEMENTS: $80 BLN

"Memorandum of understandings (MoUs) worth over $80 billion to be spent on investments in oil and gas infrastructure, pipelines, refineries, power, facility refurbishments and upstream have been signed with Chinese companies,"

Oil&Gas
2016, June, 30, 18:35:00

CHINESE - PHILIPPINE DISPUTE

"On the issue of territory and disputes over maritime delineation, China does not accept any dispute resolution from a third party and does not accept any dispute resolution forced on China."

Tags:

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