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Oil&Gas

Oil&Gas
2016, March, 31, 19:25:00

SAUDI EXPANSION

The world’s biggest oil exporter, known as Saudi Aramco, won’t cancel any oil, gas or refining projects, Amin Nasser told reporters during a conference in Al-Ahsa in eastern Saudi Arabia. Aramco is also studying a possible expansion of the country’s largest oil refinery, Ras Tanura, which has a capacity of 550,000 barrels a day, he said Wednesday.

Oil&Gas
2016, March, 31, 19:20:00

CHINA'S GAS PRIORITIES

China, the world's top energy user, is keen to boost cleaner burning natural gas consumption to tackle air pollution.

Oil&Gas
2016, March, 31, 19:10:00

U.S. DECLINE COSTS

The drilling cost per foot, based on total depth, and the completion cost per foot, based on lateral length, are both projected to maintain these lower cost trends through 2018. Sustained lower upstream costs may affect near-term oil and natural gas markets, and ultimately, the prices of these fuels.

Oil&Gas
2016, March, 31, 19:00:00

РЕЗУЛЬТАТЫ РОСНЕФТИ 2015

«Компания продолжает повышать свою эффективность, отвечая на вызовы глобального рынка. В 4 кв. 2015 г. операционные издержки на добычу углеводородов на б. н.э. и эксплуатационные расходы российской переработки в рублевом выражении увеличились незначительно в сравнении с показателями 4 кв. 2014 г., несмотря на рост цен в промышленности на 10,7%. Рост операционной прибыли до начисления амортизации на 17,8% в 2015 г. на фоне снижения и долларовых, и рублевых цен на нефть свидетельствует об эффективном контроле операционных затрат, который позволил Компании значительно сократить долговую нагрузку, повысив существенным образом устойчивость бизнеса в сложных макроэкономических условиях».

Oil&Gas
2016, March, 29, 19:10:00

OIL RESERVES DOWN

In 2015, the seven biggest publicly traded Western energy companies, including Exxon Mobil Corp. and Royal Dutch Shell PLC, replaced just 75% of the oil and natural gas they pumped, on average, according to a Wall Street Journal analysis of company data. It was the biggest combined drop in inventory that companies have reported in at least a decade.

Oil&Gas
2016, March, 29, 19:05:00

U.S. OIL PRICES WAR

U.S. crude production is forecast to drop from 9.4 million barrels per day in 2015 to 8.7 million bpd in 2016 and 8.2 million bpd in 2017.

Oil&Gas
2016, March, 29, 18:30:00

MONEY LEAVE EXXON

The Rockefeller Family Fund said on Wednesday it would divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp, saying the oil company associated with the family fortune has misled the public about climate change risks.

Oil&Gas
2016, March, 29, 18:25:00

ONGC APPROVES $5 BLN

The board of India’s Oil & Natural Gas Corp. Ltd. approved a $5-billion offshore oil and natural gas development plan for the Krishna-Godavari basin off the country’s east coast.

Oil&Gas
2016, March, 29, 18:20:00

SHELL NEED $30 BLN

Royal Dutch Shell has confirmed it is reviewing the case for selling some of its North Sea assets in the wake of its £35bn takeover of rival oil and gas producer, BG Group.

Oil&Gas
2016, March, 29, 18:15:00

РОСНЕФТЬ: 5 МБД

Роснефть» установила новый рекорд, увеличив добычу углеводородов до 254,2 млн т.н.э (5,16 млн б.н.э./сут.). Проходка в эксплуатационном бурении увеличилась на 36 % и достигла 6,9 млн метров. В эксплуатацию введено более 1,8 тысячи новых скважин.

Oil&Gas
2016, March, 25, 20:05:00

GLOBAL OIL & GAS TRANSFORMATION

Europe and Russia are each trying to diversify—the first by getting more gas suppliers, and the second by trying to sell more gas to China and East Asia.

Oil&Gas
2016, March, 25, 20:00:00

OIL & GAS OPPORTUNITIES

It is a challenging business environment but it's a sign of strong resilience that businesses can look ahead and still see opportunities that exist around the globe.

Oil&Gas
2016, March, 25, 19:50:00

OIL & GAS LOSSES: $150 BLN

“Low oil prices fuel a reduction in risk-taking, and when there is less risk-taking, asset prices will fall. It can lead to a downward asset price spiral,”

Oil&Gas
2016, March, 25, 19:35:00

INDIA & RUSSIA DEAL

India is replacing China as the center of the world’s oil demand growth as its economy expands faster than any other major country and Prime Minister Narendra Modi has made energy security a priority for the nation, which imports 80 percent of its oil requirements.

Oil&Gas
2016, March, 25, 19:15:00

PETROCHINA PROFIT DOWN 70%

PetroChina Co Ltd on Wednesday said profit fell 70 percent last year as low prices brought down upstream earnings, eclipsing the impact of a jump in natural gas income brought about in part by pipeline consolidation.

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