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2015, February, 28, 18:55:00
CRAZY MOODY'S DOWNGRADING
Brazil's state-run oil company Petrobras' debt was downgraded to junk status on Tuesday by Moody's Investors Service.
Moody’s Lowers Rating of 5 Russian Companies, Including Transneft.
2015, February, 28, 18:50:00
THEY ROCK THE MARKETS
“Why do you want to rock the markets? The markets are calm. Demand is growing,” al-Naimi told reporters in Jazan, Saudi Arabia.
2015, February, 21, 18:30:00
TURKEY STREAM IN EXECUTION
The project to construct a new gas pipeline with a capacity of 63 billion cubic meters from Russia to Turkey has entered the execution stage, Russian energy giant Gazprom has said by a written statement on late Feb. 24.
2015, February, 28, 19:15:00
BP & RUSSIA: $10 BLN
John Browne, the former chief executive of BP, will take charge of a $10 billion oil and gas venture backed by Russian billionaire Mikhail Fridman to help it expand internationally through partnerships and acquisitions, the Financial Times reported.
2015, February, 28, 19:10:00
RWE & RUSSIA: $5.6 BLN
The UK has blocked the sale of North Sea gasfields from Germany’s RWE to a multibillion-dollar investment fund backed by Russian billionaire Mikhail Fridman.
2015, February, 28, 18:40:00
EXXON REDUCES ABOUT 11%
Exxon Mobil Corp said spending will decline about 11 percent this year to around $34 billion due to plunging oil prices, according to a regulatory filing this week.
2015, February, 28, 18:35:00
UK INVESTMENT DOWN
Investment by British companies slowed in the final quarter of 2014, official data showed Thursday, as the fall in oil prices drove the North Sea extraction industry to cut down spending on infrastructure.
2015, February, 28, 18:25:00
RUSSIAN GAS: FROM 14 TO 130 BCM
Russia's gas supplies to the Asia-Pacific Region by 2035 can rise ninefold from 14 to 130 billion cubic meters, Russian Energy Minister Alexander Novak said at the Krasnoyarsk economic forum.
2015, March, 3, 20:50:00
RUSSIA & TURKEY STREAM: CAN AGREE
Russia may sign an intergovernmental agreement on the Turkish Stream gas pipeline in the 2nd quarter of 2015.
2015, March, 3, 20:30:00
GULF OF MEXICO: OIL UP
Oil production in federal Gulf of Mexico expected to continue increasing
2015, March, 3, 20:55:00
RUSSIA SEEK REVIEW
Russian billionaire Mikhail Fridman said on Monday he would buy a number of gas licenses in the North Sea despite British opposition, threatening legal action if London should force him to sell them on to a third party.
2015, March, 3, 20:40:00
NABORS LOSS $891.1 MLN
Onshore and offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices.
2015, March, 3, 20:35:00
PETROBRAS WILL SELL $13.7 BLN
Petróleo Brasileiro SA plans to dispose of as much as $13.7 billion in assets this year and next as part of efforts by Brazil's largest state-controlled company to reduce debt and protect cash.
2015, March, 3, 20:45:00
LUKOIL EBITDA 2014: $15.982 BLN
LUKOIL has published consolidated US GAAP financial statements for 2014. The Company’s 2014 net income reached $4,746 million. EBITDA reached $15,982 million in 2014.
2015, March, 3, 21:00:00
NEW RUSSIAN EMPIRE
Russian billionaire Mikhail Fridman began building an international energy company on Monday, closing a €5.1 billion ($5.7 billion) purchase of German utility RWE AG ’s oil-and-gas business over British opposition that could force the sale of the unit’s U.K. assets.
2015, March, 12, 20:12:00
U.S. RIGS: DOWN FROM 1920 TO 1192
The US drilling rig count plunged 75 units—all on land—to settle at 1,192 rigs working during the week ended Mar. 6, according to data from Baker Hughes Inc.
That total is the lowest since Dec. 11, 2009, and 600 fewer units compared with this week a year ago. The count has now fallen in 14 consecutive weeks, losing 728 units during that time
2015, March, 7, 21:50:00
BP $12 BLN DEAL
BP PLC and a local partner have signed final agreements for the West Nile Delta (WND) natural gas project in Egypt, whereby $12 billion will be invested to develop 5 tcf of gas resources and 55 million bbl of condensates.
2015, March, 7, 21:45:00
OIL PRICES FALL
Oil prices fell modestly on the New York market Mar. 5, which analysts attributed to concerns about an unexpected increase in US gasoline supplies along with a strengthening dollar.
2015, March, 7, 21:55:00
U.S. OIL STRIKE
The United Steelworkers union (USW) and Royal Dutch Shell PLC, which serves as lead company for National Oil Bargaining negotiations, have agreed to return to the bargaining table in an attempt to resolve USW’s more than 5-week-long unfair labor practice strike in effect at US refineries and associated installations
2015, March, 7, 22:10:00
U.S. OIL & GAS JOBS DOWN
The U.S. oil and gas sector bled away more jobs last month as sustained low oil prices forced energy producers to reduce spending, suggesting that further pain may be ahead for the struggling industry.