Saudi Arabia budget insulated from effects of lower oil prices

Crude oil prices moved higher toward the end of January and into the first week of February.

Total reduces budget by 10% to $23-24 billion

Australia Pacific LNG receives first gas at Curtis Island

Contract LNG prices in Japan projected to fall 38% through 2016

Ultra-deepwater pipeline flows first gas in Gulf of Mexico

Gazprom would be in a strong position to secure an outcome

RUSSIAN-TURKISH GAS PIPELINE FOR TURKEY

Russia's Yamal LNG sees global liquefied gas deficit by 2018

China finds sizable natural gas field in South China Sea

The United States will remain the world’s top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.

“So, fundamentally, the crisis in oil prices in 2014 – is just a ripple on the water compared to the oversupply tsunami of 1985. The amount of excess capacity is five times less. Operating costs are 2-3 times higher. Instead of a deep drop in demand – a growth is recorded. The rate of decline in marginal production – is ten times higher. There is a clear unbalance between fundamental drivers and the observed price dynamics” - highlighted Rosneft Head.

Looking into 2015 we face a very challenging market.

The United States, in contrast, showed robust economic and employment growth in 2014, which is forecast to continue through 2015.

Shale gas and tight oil are commercially produced in just four countries

Pemex cuts budget by $4 billion

Marathon revises down budget by 20%

Ukraine has agreed to increase the cost of gas to consumer by 280 percent, and 66 percent for heating, as part of the IMF terms for getting extra financial aid, says Valery Gontareva the head of the National Bank of Ukraine.

An independent Dutch safety panel has found that the operators of Europe’s largest natural gas field, Royal Dutch Shell and Exxon Mobil, as well as the Dutch government, for years ignored the dangers posed by earthquakes in the field.

BP DOESN’T SEE SIGNIFICANT SHALE GAS PRODUCTION IN EUROPE BY 2035