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![Search Results](/cache/2016/08/GAZPROM-78.56e222d3.jpg)
2016, August, 11, 18:40:00
GAZPROM SALES UP TO 49%
Gazprom's sales volume to its core ‘Europe and other’ markets in 1Q grew by 49% to 58.1bn m³, an increase of 19bn m³ on 39.1bn m³ in January-March 2015. Sales to former Soviet countries declined by 15.5% (by 2bn m³) to 10.9bn m³, while those in Russia declined more modestly to 75.4bn m³, just 6% or 4.9bn m³ less than in 1Q 2015.
![Search Results](/cache/2016/08/OIL-465.4e330fb4.jpg)
2016, August, 12, 18:50:00
OIL PRICES: $46
International Brent crude oil futures were trading at $46.20 per barrel at 8.47 p.m. ET, up 16 cents, or 0.35 percent, from their last close and not far off their $46.30 monthly high reached in the previous session.
U.S. West Texas Intermediate (WTI) crude futures were at $43.71 a barrel, up 22 cents, or 0.51 percent, from their last close.
![Search Results](/cache/2016/08/PRICE-9.9b9bd061.jpg)
2016, August, 12, 18:45:00
SAUDI RAISES PRICES
Saudi Arabia didn’t agree to limits on its production back in April because Iran, its regional rival, refused to join in. Several OPEC members want to revive the idea because Iran has regained much of the energy-industry might it lost during the years of Western sanctions.
![Search Results](/cache/2016/08/TURKISH-STREAM-14.9e271e2c.jpg)
2016, August, 12, 18:40:00
TURKISH STREAM'S PLAN
Russia’s president Vladimir Putin said there were no doubts that Turkish Stream will happen and work could start soon. He was speaking at a joint press conference with Turkey’s president Recep Tayyip Erdogan August 9.
![Search Results](/cache/2016/08/IRAQ-10.0f19e1d1.jpg)
2016, August, 12, 18:35:00
IRAQ RESTART INVESTMENT
As a result of the investment, Iraq's crude output should increase by 250,000-350,000 barrels per day next year, the Iraqi officials said. The country now produces about 4.6 million bpd, most of it from the southern region.
![Search Results](/cache/2016/08/PETROVIETNAM-3.04070da7.jpg)
2016, August, 12, 18:30:00
PETROVIETNAM'S REVENUE $11.3 BLN
The group exploited 10.32 million tons of crude oil and 6.56 billion cubic metres of gas in the first seven months.
![Search Results](/cache/2016/08/CANADA-30.37976cac.jpg)
2016, August, 15, 18:30:00
U.S. RIGS UP 17
U.S. Rig Count is up 17 rigs from last week to 481, with oil rigs up 15 to 396, gas rigs up 2 to 83, and miscellaneous unchanged at 2.
Canadian Rig Count is up 4 rigs from last week to 126, with oil rigs up 5 to 65, gas rigs unchanged at 60, and miscellaneous rigs down 1 to 1.
![Search Results](/cache/2016/08/oil-466.d3a395ce.jpg)
2016, August, 15, 18:55:00
OIL PRICES $47
Brent crude oil futures rose to a high for the month of $47.67 a barrel on Monday before dipping back to $47.10 per barrel at 0943 GMT, up 13 cents from their last settlement, and 11.3 percent above the last close in July.
U.S. West Texas Intermediate (WTI) crude futures rose to a high of $45.15 a barrel before dipping to $44.63 a barrel, still up 14 cents from their last close. WTI has gained more than 7 percent in August.
![Search Results](/cache/2016/08/EGYPT-8.d1501a5d.jpg)
2016, August, 15, 18:35:00
ENI SELLS ZOHR
Eni owns the whole of Zohr and has said it is interested in bringing in partners as part of its strategy of selling some of its prize acreage to help meet a target of raising 5 billion euros from asset disposal over the next two years.
![Search Results](/cache/2016/08/TURKEY-12.b2a071e1.jpg)
2016, August, 15, 18:45:00
TURKEY WANTS IRANIAN GAS
Turkey wants to buy more natural gas from Iran and has discussed pricing issues, Foreign Minister Mevlut Cavusoglu said on Friday, adding that Ankara and Tehran should resolve a dispute on gas prices without arbitration.
![Search Results](/cache/2016/08/RUSSIA-110.6937d9c6.jpg)
2016, August, 15, 19:00:00
RUSSIA - SAUDI TALKS
"With regard to the cooperation with Saudi Arabia, the dialogue between our two countries is developing in a tangible way, whether in the framework of a multi-party structure or on a bilateral level," Novak was quoted as saying.
![Search Results](/cache/2016/08/RUSSIA-111.7ab6bbac.jpg)
2016, August, 15, 18:50:00
URALS: $41.57667
Средняя цена на нефть Urals за период мониторинга с 15 июля по 14 августа 2016 года составила $41,57667 за баррель, или $303,5 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 сентября 2016 года понизится на $10,1 и составит $80 за тонну.
![Search Results](/cache/2016/08/Australia-18.5fa8f45c.jpg)
2016, August, 15, 18:40:00
AUSTRALIAN LNG UP TO 2%
Australia’s LNG exports rose by 2% last month following a worldwide rise in demand for the product.
![Search Results](/cache/2016/08/OIL-467.2b107440.jpg)
2016, August, 16, 18:40:00
U.S. OIL PRODUCTION DOWN 85 TBD
U.S. oil production down 85 tbd, gas production down 373 mcfd.
![Search Results](/cache/2016/08/GAS-68.b3aeb933.jpg)
2016, August, 16, 18:45:00
GAS PRODUCTION 2040: 554 BCFD
Natural gas production worldwide is projected to increase from 342 billion cubic feet per day (Bcf/d) in 2015 to 554 Bcf/d by 2040.
![Search Results](/cache/2016/08/PETROBRAS-8.d363ce9d.jpg)
2016, August, 16, 18:35:00
PETROBRAS NET INCOME $106 MLN
Net income attributable to the shareholders of Petrobras of US$ 106 million, compared to net loss attributable to the shareholders of Petrobras of US$ 318 million in the 1Q-2016, as a result of:
- A decrease of 22% in net finance expenses;
- An 7% increase of crude oil and natural gas total production;
- Higher revenues with an increase of 14% in crude oil and oil products exports and lower costs related to natural gas imports; Expenses related to the new Voluntary Separation Incentive Plan (PIDV); and
Impairment losses related to Comperj assets.
![Search Results](/cache/2016/08/ROSNEFT-47.51852945.jpg)
2016, August, 16, 18:30:00
ROSNEFT NET INCOME UP BY 6.4 TIMES
Net income growth by x6.4 times to RUB 89 bln in 2Q 2016
Increase in EBITDA by 27.5%, to RUB 348 bln; EBITDA margin above 27%
Effective control of operating and SG&A costs
Industry leadership in free cash flow generation
Decrease in net debt by 41.4%, to USD 23.4 bln from 1H 2015
![Search Results](/cache/2016/08/OIL-468.a07d5771.jpg)
2016, August, 16, 18:50:00
OIL PRICES: $48
Brent crude futures were trading at $48.35 per barrel at 0737 GMT (3:37 a.m. ET), flat from their last close, but over 15 percent higher than the $41.51 low for the month on Aug. 2.
U.S. West Texas Intermediate crude was trading at $45.76 a barrel, up 2 cents from its previous close, and still over 16 percent above its $39.19 monthly low from Aug. 3.
![Search Results](/cache/2016/08/VenezuelA-14.31d84209.jpg)
2016, August, 17, 18:35:00
CHINA & VENEZUELA COOPERATION
“In this underground lies the energy that China needs for the future. Currently, we are sending 600 Mbpd of crude to China, and we expect to increase this trade to more than 1 MMbpd within the next years.”
![Search Results](/cache/2016/08/INDIA-27.9ff9a2e0.jpg)
2016, August, 17, 18:30:00
INDIA SAVES $3 BLN
India will save about Rs 20,000 crore ($3bn) as it has renegotiated a long-term LNG import deal with Qatar, Prime Minister Narendra Modi said on Monday.