Russia
2019, February, 27, 09:00:00
STAFF CHANGES AT GAZPROM
GAZPROM - The corresponding decisions on the termination of membership in the Gazprom Management Committee will be adopted by the Company’s Board of Directors.
2019, February, 22, 11:40:00
GAZPROM NEFT NET PROFIT +48.7%
GAZPROM NEFT - Revenue for FY2018 amounted to RUB 2,489 billion , a 28.7% increase year-on-year.** Adjusted EBITDA grew by more than 45.1% year-on-year to RUB799.5 billion.
2019, February, 22, 11:35:00
NOVATEK INCOME +4.7%
NOVATEK - Profit attributable to shareholders of PAO NOVATEK increased to RR 163.7 billion (RR 54.33 per share), or by 4.7%, as compared to 2017.
2019, February, 20, 11:45:00
RUSSIA, SAUDI ARABIA COOPERATION
PLATTS - Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz confirmed they are ready to continue cooperation on hydrocarbons during a phone call Tuesday, the Kremlin said in a statement.
2019, February, 20, 10:35:00
LUKOIL RESERVES 101%
LUKOIL - According to the SEC classification, the Company's proved hydrocarbon reserves totaled 15.9 billion barrels of oil equivalent, 76% of which stood for liquids. The proved reserves replacement ratio for liquids totaled 101%. In Russia, the main region of LUKOIL's operations, the replacement ratio reached 127%. The Company's proved hydrocarbon reserves life is 19 years.
2019, February, 18, 12:10:00
BENEFIT FOR RUSSIA
PLATTS - Russia has benefitted significantly from the OPEC/non-OPEC production agreement, which prevented further oil price drops, energy minister Alexander Novak said Thursday, in a sign that Russia remains committed to the deal, despite recent criticism from Rosneft CEO Igor Sechin.
2019, February, 18, 12:00:00
QUICK POWER OF SIBERIA
GAZPROM - As Alexey Miller said after the negotiations, “Construction of the Power of Siberia gas pipeline is going ahead of schedule, and Gazprom will start delivering gas to China well in advance, as early as December 1, 2019.”
2019, February, 15, 12:10:00
NORD STREAM 2 IN TIME
GAZPROM - Particular attention at the meeting was paid to the progress of the Nord Stream 2 project. It was stressed that pipelaying works in the Baltic Sea were going according to schedule.
2019, February, 15, 12:05:00
NORD STREAM 2 DEAL
REUTERS - Russia's planned Nord Stream 2 gas pipeline direct to Germany is set to face EU market rules after negotiators agreed informally to change the EU's gas directive to apply to offshore gas links, the European Commission said late Tuesday.
2019, February, 15, 12:00:00
OPEC REMAINS HARD
PLATTS - "Our primary objective is to ensure that the oil market remains in balance throughout 2019 and beyond in order to build on the success of the past couple of years," added Barkindo.
2019, February, 13, 12:15:00
OPEC OIL PRODUCTION 30.81 MBD
PLATTS - OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group.
2019, February, 13, 12:10:00
OPEC ISN'T A CARTEL
REUTERS - OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.
2019, February, 11, 10:35:00
RUSSIA SANCTIONS ISN'T OBSTACLE
PLATTS - "Imports of Russian crude oil and LNG do not go through any chokepoints such as the Strait of Hormuz. Therefore they are important for the diversification of Japan's energy import sources, and I hope that Russia will play an even larger role. I would like to continue working to expand our cooperation," Seko said.
2019, February, 11, 10:30:00
NORD STREAM 2 CONTROL
REUTERS - Nord Stream 2 has divided the EU, with German opposition to the new draft rules stalling discussions since it was proposed by the EU executive in November 2017.
2019, February, 11, 10:25:00
NORD STREAM 2 RISKS
REUTERS - The pipeline project, which is majority owned by Russian energy giant Gazprom, plans to tap lenders this year, a spokesman for Nord Stream 2 told Reuters. He did not comment on the risk of new sanctions.