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![Search Results](/cache/2014/12/IRAQ-23.6f9b3967.jpg)
2014, December, 27, 19:25:00
IRAQ OIL PRICE 2015: $60 /BBL
OPEC will need to “step in” amid further declines in oil prices, which are fair at about $70 to $80 a barrel, according to the group’s second-biggest producer.
![Search Results](/cache/2014/12/SAUDI-15.6099e104.jpg)
2014, December, 27, 19:45:00
OIL PRICES: SAUDI NEED
Ali al-Naimi, the oil minister of Saudi Arabia, was in no mood to address reporters at Opec’s November meeting, refusing to offer more than a few words after the cartel decided to hold output at 30m barrels a day.
![Search Results](/cache/2014/12/TURKEY-3.2b6dbcfe.jpg)
2014, December, 27, 19:35:00
TURKEY: GAS MEGA HUB
Turkey is on its way to becoming the main hub for energy in Europe due to the recent introduction of the Turk Stream in place of South Stream. The elevation of the country's role became feasible after a series of major infrastructure projects that will certainly make Turkey the corridor for the supply of gas into the EU for the coming decades.
![Search Results](/cache/2014/12/CHINA-48.7606bce0.jpg)
2014, December, 27, 19:20:00
CHINA & VIETNAM: CORRECT PATH
China wants relations with Vietnam to proceed along a "correct path", a visiting senior Chinese leader said, vowing to improve mutual trust, amid tension between the neighbours over competing claims in the South China Sea.
![Search Results](/cache/2014/12/ROSNEFT-72.e59730cc.jpg)
2014, December, 27, 19:00:00
ROSNEFT PAYS
Rosneft announces it repaid part of a loan obtained to finance the acquisition of TNK-BP. On December, 22 The Company paid to lenders around USD 7 bln.
![Search Results](/cache/2014/12/ROSNEFT-73.e633ad1f.jpg)
2014, December, 27, 18:55:00
ROSNEFT & SHELL COOPERATION
RN-Aero (Rosneft subsidiary) has signed a cooperation agreement with the leading Jet Fuel supplier Shell Aviation.
![Search Results](/cache/2014/12/ROSNEFT-74.bcdf23f2.jpg)
2014, December, 27, 19:05:00
ROSNEFT INCREASES
Rosneft and Lukoil signed a package of legally binding documents regarding Rosneft’s acquisition of 20% share in the National Oil Consortium LLC (NOC). Due to this deal the share of Rosneft in the charter capital of NOC will increase to 80%, with the remaining 20% owned by Gazprom Neft.
![Search Results](/cache/2014/12/VIETNAM-6.56153bd4.jpg)
2014, December, 27, 19:15:00
VIETNAM & JAPAN COOPERATION
State-run Vietnam National Petroleum Corp. (Petrolimex) and JX Nippon Oil & Energy Corp., a subsidiary of JX Holdings Inc., have signed a memorandum of understanding (MOU) to jointly develop a 10 million-tonnes/year refining and petrochemical complex to be located in Van Phong Economic Zone in Khanh Hoa Province, Vietnam.
![Search Results](/cache/2014/12/GAZPROM-83.53f85278.jpg)
2014, December, 27, 19:10:00
GAZPROM INVESTMENT
The Gazprom Board of Directors took notice of the information about the Company’s preliminary operating results for 2014, projected Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2016–2017.
![Search Results](/cache/2014/12/SOUTH-STREAM-24.546aa785.jpg)
2014, December, 27, 19:40:00
SOUTH STREAM: RUSSIAN SHOCK
Russia's decision to redirect the South Stream pipeline toward Turkey came as a shock to many European nations. The European Union's attempts to bargain more concessions from Russians by being intractable on various technical aspects had the opposite effect. Those who pinned their hopes on the project as a source of energy stability were left puzzled and discontented. Although Moscow's move can be interpreted in many ways, it fits into Russia's larger strategy in contemporary international politics.
![Search Results](/cache/2014/12/OIL-131.a019639e.jpg)
2014, December, 27, 19:30:00
OIL JOBS CUTTING
U.S. oil and gas companies have been an engine of growth through much of an otherwise lackluster economic expansion, providing steady employment, solid wages and fierce competition for workers across wide swaths of the country.
![Search Results](/cache/2014/12/HNG-2015.9632fc7b.jpg)
![Search Results](/cache/2015/01/BP-19.6bcae25c.jpg)
2015, January, 3, 21:40:00
BP: GLOBAL ENERGY TRADING
The US shale boom is connecting markets and changing the way oil and gas is bought and sold, according to BP’s trading unit.
![Search Results](/cache/2015/01/BG-Group-3.6de224dc.jpg)
2015, January, 3, 21:35:00
BG STARTS LNG $20 BLN
BG Group has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since Dec. 28, the company said in a statement.
![Search Results](/cache/2015/01/USA-92.0c336982.jpg)
2015, January, 3, 22:00:00
2015: U.S. OIL GROWTH
Despite lower crude oil prices, U.S. crude oil production expected to grow in 2015
![Search Results](/cache/2015/01/OIL-132.70cc2193.jpg)
2015, January, 3, 21:50:00
2014: U.S. UGLY YEAR
Last year was an ugly one for the U.S. energy sector, and while the first trading day of 2015 pointed to continued weakness in oil, investors are starting to look to when the sector might start to recover.
![Search Results](/cache/2015/01/OIL-133.4d65a27c.jpg)
2015, January, 3, 21:55:00
2014: RUSSIA OIL 10.58 MLN BPD
Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed.
![Search Results](/cache/2015/01/SOUTH-STREAM-25.1479c867.jpg)
2015, January, 3, 21:30:00
SOUTH STREAM: GAZPROM PURCHASES
GAZPROM PURCHASES PARTNER INTERESTS IN SOUTH STREAM OFFSHORE ENTITY
![Search Results](/cache/2015/01/gas-38.cf54db1c.jpg)
2015, January, 3, 21:45:00
EUROPE: WE DON'T KNOW
SHALE GAS IN EUROPE: WE DON'T KNOW WHAT'S DOWN THERE
![Search Results](/cache/2015/01/SOUTH-STREAM-26.a5806fed.jpg)
2015, January, 4, 21:25:00
TURKEY & RUSSIA: SOUTH STREAM
Turkish Ambassador to Russia noted that energy cooperation with Russia was strategically important for Turkey, stressing that the sides are discussing potential routes for a new Black Sea gas pipeline.