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![Search Results](/cache/07-2017/INDIA-33.a2b1ff8a.jpg)
2017, July, 3, 13:50:00
INDIAN - IRANIAN GAS INVESTMENT
The Indian consortium led by the state-owned Oil and Natural Gas Corporation (ONGC) is willing to spend as much as $11bn to develop the giant Iranian natural gas field it discovered in 2008.
![Search Results](/cache/07-2017/Kurdistan-5.861840ab.jpg)
2017, July, 3, 13:45:00
ROSNEFT - KURDISH TALKS
Russia’s state-controlled oil company is in discussions with Iraqi Kurdistan over helping it develop oilfields in disputed territory at the heart of tensions with Baghdad, in a move that pitches Moscow into one of Iraq’s oldest faultlines.
![Search Results](/cache/07-2017/GAZPROM-137.dcd9d25b.png)
2017, July, 5, 12:25:00
RUSSIAN GAS FOR CHINA
According to the Supplementary Agreement, gas supplies to China via the Power of Siberia gas pipeline will commence in December 2019.
![Search Results](/cache/07-2017/PRICE-260.ae2766f4.jpg)
2017, July, 5, 12:30:00
OIL PRICE: ABOVE $49
Brent crude futures, the international benchmark for oil prices, were at $49.55 per barrel at 0456 GMT, down 6 cents, or 0.1 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $46.99 per barrel, down 8 cents, or 0.2 percent.
![Search Results](/cache/07-2017/Qatar-6.ca49dd55.jpg)
2017, July, 5, 12:15:00
QATAR SHOW STRENGTH
Qatar mounted what appeared to be a show of strength on Tuesday, when the state-owned Qatar Petroleum announced plans to raise liquefied natural gas capacity by 30 percent. Its immediate effect will be to worsen a glut on the LNG market where Australia, the United States and Russia vie.
![Search Results](/cache/07-2017/RUSSIA-117.cbf8184f.jpg)
2017, July, 5, 12:20:00
AGAINST RUSSIA SANCTIONS
Exxon Mobil Corp. and other energy companies have joined President Donald Trump in expressing concerns over a bill to toughen sanctions on Russia, arguing that it could shut down oil and gas projects around the world that involve Russian partners.
![Search Results](/cache/07-2017/GE-3.ec1c11f3.jpg)
2017, July, 5, 12:10:00
GE & BAKER HUGHES DEAL
General Electric Co. closed its deal to combine its long-suffering energy business with Baker Hughes Inc. on Monday, creating one of the largest companies in the oil-field services industry.
![Search Results](/cache/07-2017/GAZPROM-138.c02e4f9b.jpg)
2017, July, 5, 12:05:00
REPSOL & GAZPROM DEAL
Spain’s Repsol has agreed to establish a joint venture with Russian oil company Gazprom Neft, in the latest move by a European oil and gas company to deepen co-operation with Russia despite western sanctions targeting the country’s energy sector.
![Search Results](/cache/07-2017/LNG-55.fe5125d6.jpg)
2017, July, 5, 12:00:00
U.S. LNG FOR BRITAIN
The UK's first US LNG cargo will arrive at the Isle of Grain terminal on around July 8, according to shipping sources.
![Search Results](/cache/07-2017/USA-397.32e77376.jpg)
2017, July, 7, 07:50:00
U.S. DEFICIT $46.5 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $46.5 billion in May, down $1.1 billion from $47.6 billion in April, revised. May exports were $192.0 billion, $0.9 billion more than April exports. May imports were $238.5 billion, $0.2 billion less than April imports.
![Search Results](/cache/07-2017/GAZPROM-139.7a128260.jpg)
2017, July, 7, 07:55:00
GAZPROM UP 12%
"Our gas in Europe sees increasing demand. Gas export pipeline Nord Stream is in demand by more than 100%. On certain days at the last fall/winter season, the flow stood at 111% of its capacity," Miller said.
![Search Results](/cache/07-2017/price-267.9adf0f86.jpg)
2017, July, 7, 08:00:00
GAS PRICES DOWN
In the report -- trailed in May at the Flame conference in Amsterdam -- the IGU also confirmed that the average global wholesale gas price averaged just $3.35/MMBtu in 2016, the lowest price in any survey done by the IGU since it started in 2005.
![Search Results](/cache/07-2017/usa-398.8f0c02b3.jpg)
2017, July, 7, 07:40:00
SHALE GAS DRILLING UP
One big reason is that natural gas prices have recovered from 20-year lows, nearly doubling since last year, according to S&P Global Market Intelligence.
![Search Results](/cache/07-2017/india-34.a4f8d003.jpg)
2017, July, 7, 07:35:00
VIETNAM - INDIAN DEAL
Vietnam has extended an Indian oil concession in the South China Sea and begun drilling in another area it disputes with China in moves that could heighten tensions over who owns what in the vital maritime region.
![Search Results](/cache/07-2017/price-270.89118fe9.jpg)
2017, July, 7, 08:05:00
OPEC PRODUCTION UP TO 32.49 MBD
The Organization of Petroleum Exporting Countries produced 32.49 million b/d in June—an increase of 220,000 b/d from May and representing a 6-month high.
![Search Results](/cache/07-2017/PRICE-271.c25fc7c5.jpg)
2017, July, 7, 08:10:00
MARKET WILL BE BETTER
Novak said prices had room to rise from current levels and said inventories in industrialized nations were expected to ease back to the five-year average thanks to the decision by OPEC and its allies to extend supply curbs from the first half of 2017 to the first quarter of 2018.
![Search Results](/cache/07-2017/PRICE-272.d92bab8d.jpg)
2017, July, 7, 07:30:00
ЦЕНА URALS: $50.3
Средняя цена нефти марки Urals по итогам января-июня 2017 года составила $50.3 за баррель.
В 2016 году средняя цена на Urals в январе-июне составила $37,85 за баррель.
Средняя цена на нефть марки Urals в июне 2017 года сложилась в размере $45,65 за баррель, что в 1,01 раза ниже, чем в июне 2016 года ($46,49 за баррель).
![Search Results](/cache/07-2017/PRICE-273.b901d785.jpg)
2017, July, 7, 07:45:00
РОССИЯ: ОТКЛОНЕНИЕ ДОХОДОВ
Отклонение нефтегазовых доходов федерального бюджета от месячной оценки, соответствующей Федеральному закону о федеральном бюджете на 2017-2019 годы, в июле 2017 года прогнозируется в размере +11,7 млрд руб.
![Search Results](/cache/07-2017/price-274.dfe16399.jpg)
2017, July, 7, 08:15:00
OIL & GAS PRICES: DOWN TO $47
The August light, sweet crude contract on NYMEX dropped $1.94 on July 5 to settle at $45.13/bbl. The September contract was down $1.95 to close at $45.34/bbl.
The NYMEX natural gas price for August declined 11¢ to a rounded $2.84/MMbtu. The Henry Hub cash gas price was $2.90/MMbtu on July 5, down 4¢ from June 30, the last available price for the US gas spot price.
The Brent crude contract for September on London’s ICE decreased $1.82 to $47.79/bbl while the October contract dropped $1.83 to $48.07/bbl. The July gas oil contract was down $6.75 to $442.25/tonne.
The Organization of Petroleum Exporting Countries’ basket of crudes on July 5 was $47.04/bbl, down 53¢.
![Search Results](/cache/07-2017/USA-399.41bb8ed6.jpg)
2017, July, 10, 12:01:00
U.S. RIGS UP 12 TO 952
U.S. Rig Count is up 512 rigs from last year's count of 440, with oil rigs up 412, gas rigs up 101, and miscellaneous rigs down 1 to 0.
Canadian Rig Count is up 94 rigs from last year's count of 81, with oil rigs up 68, gas rigs up 27, and miscellaneous rigs down 1 to 0.