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W.Europe

W.Europe
2016, April, 5, 18:40:00
ПОЗИТИВНЫЙ СЕВЕРНЫЙ ПОТОК
Обсуждая вопросы текущей деятельности компании в России, участники встречи отметили позитивное сотрудничество во всех сферах, в том числе в нефтегазовой отрасли. "Северный поток-2, являясь коммерческим проектом, направлен на повышение надежности энергоснабжения Европы и обеспечение дополнительных поставок газа.
W.Europe
2016, April, 3, 16:30:00
GAZPROM & OMV AGREEMENT
“Today, we signed a number of important documents aimed at further advancing the dialogue with our strategic partner OMV. Our relationship is no longer limited to business. By consistently enhancing our cooperation, we are moving toward our ambitious goals – increasing the supplies of Russian oil and gas to Europe and developing the scientific and technical potential of our companies.”
W.Europe
2016, April, 3, 16:25:00
EU GAS USE UP 4%
Natural gas consumption in the 28-nation European Union grew by some 4% last year to 426.3bn m3, according to latest estimates from Eurogas, the trade association representing 43 gas wholesale and distribution companies.
W.Europe
2016, March, 31, 19:05:00
GAZPROM & E.ON PRICE
The deal, which resolves arbitration proceedings between E.ON and Gazprom, will lead to a positive one-off effect of about 380 million euros ($425 million) on E.ON's core earnings (EBITDA) in the first quarter of 2016.
W.Europe
2016, March, 29, 18:55:00
GERMAN GAS UP 35%
Germany consumed 5% more gas and its imports were 13% higher than in 2014. But the surprising statistic is that its 2015 exports of gas grew by 35% year-on-year to top 30bn m3.
W.Europe
2016, March, 29, 18:50:00
NORD STREAM: THE PERFECT OPPORTUNITY
It says that two thirds of the gas will flow towards the Central European Gas Hub in Baumgarten, Austria. “This hub offers ideal connectivity and can handle large flows to central, east, southeast and south European countries, boosting their gas markets to comparable levels of liquidity and competiveness as in northwest Europe.”
W.Europe
2016, March, 29, 18:40:00
UK OIL PRODUCTION UP
The U.K. is the second-largest liquids producer in Europe (after Norway), producing one million b/d in 2015. This amount is large among European countries but small in the global market, and the U.K. remains a net importer of petroleum and other liquids. More than 97% of its liquids production in 2015 came from offshore fields, where petroleum development projects have long lead times. The majority of the offshore crude and condensate fields that began production in 2015 were approved in 2012 or earlier when oil prices were much higher.
W.Europe
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.
W.Europe
2016, March, 25, 19:25:00
U.S. LNG FOR EUROPE
Europe’s leaders have long been hoping that U.S. shale gas would help the bloc reduce its reliance on gas from Russia, which provides around a third of the region’s supplies. The ethane from Ineos’s shipment won’t be a substitute for Russian gas, which is mostly methane, but it will help to lower prices in the European market, said Karen Sund, partner at Norway-based Sund Energy consultancy.
W.Europe
2016, March, 17, 18:50:00
BRITAIN CUT TAXES: $1.4 BLN
Britain's finance minister George Osborne will cut taxes by 1 billion pounds ($1.41 billion) over five years for energy companies pumping oil from the country's North Sea fields, in a boost for an industry suffering low crude prices.
W.Europe
2016, March, 15, 19:15:00
RUSSIAN GAS FOR EUROPE
Looking at the outcome of the sensitivities Mr Tomnay offers in closing: “Russia's export strategy will be a key determinant of US LNG export capacity utilisation, but the Russian pursuit of European market share to drive out US LNG from Europe seems either uneconomic and/or impractical under different external conditions. Instead other factors such as the price of US gas, oil and European coal prices will likely be greater determinants of US LNG export capacity utilisation. Subject to these factors alone, average utilisation of US LNG export capacity between 2017-20 could vary from 54-100%. For US LNG exporters, the best thing to happen would be for global coal prices to rise, or for US gas prices to stay low."
W.Europe
2016, March, 15, 19:10:00
PIPES FOR THE NORD STREAM
The suppliers were chosen after a tender award. The tender covers 2,500 km of large-diameter pipes with a total weight of roughly 2.2mn metric tons. In an announcement on March 11, the consortium said that it had chosen three firms for the supply: Germany-based Europipe for 40% of the required steel pipes; Russia's United Metallurgical Company (OMK) for 33%; and Russian firm Chelyabinsk Pipe-Rolling Plant (Chelpipe) for the remaining 27%.
W.Europe
2016, March, 10, 19:05:00
RUSSIA WILL RETAIN OVER 30%
At low oil prices, customer choice rather than strategic Russian decision-making would allow Russia to retain over 30% of the roughly 490bn m³/yr European market and threaten US LNG export volumes.
W.Europe
2016, March, 4, 19:45:00
STATOIL STARTED DRILLING
Production drilling has commenced on the first of a total of 35 wells to be drilled during Phase 1 of the Johan Sverdrup field development offshore Norway in the North Sea, operator Statoil ASA reported.
W.Europe
2016, February, 28, 20:50:00
NORWEGIAN GAS FOR EUROPE
Citing his support for development of a competitive natural gas market in Europe, Norway's minister of petroleum and energy, Tord Lien, said a well functioning market in Europe is crucial for the maximisation of Norwegian assets. “Gas is there if Europe needs it.”