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News // Oil and gas worldwide

Iran begins sending gas to Iraq under major deal

Iran has begun exporting gas through a pipeline to Baghdad under a deal set to make Iraq the Islamic republic's top customer.

23 June 2017 , 18:00Neftegaz.RU1940

Saudi Arabia overtakes US and Russia in recoverable oil rankings

Saudi Arabia has added enough recoverable oil resources to retake top position.

21 June 2017 , 12:15Neftegaz.RU2220

Italys Eni to study 2 Iranian oil and gas fields

Eni and NIOC signed a MoU for studying Kish gas field and 3rd phase of Darquain oil field.

21 June 2017 , 10:11Neftegaz.RU1690

ExxonMobil makes FID for Liza field off Guyana

ExxonMobil made a final investment decision to proceed with the 1st phase of development for the Liza field.

16 June 2017 , 18:00Neftegaz.RU2850

EIA: U.S. is the world’s top producer of petroleum and natural gas hydrocarbons

USA remained the world's top producer of petroleum and natural gas hydrocarbons in 2016.

08 June 2017 , 10:10Neftegaz.RU1860

Gazprom interested in Bolivia hydrocarbon areas

Bolivian hydrocarbons minister Luis Sánchez reported that Gazprom is interested in exploring 2 new hydrocarbon areas in Vitiacua.

29 May 2017 , 10:34Neftegaz.RU2670

Rosneft, Eni and CNPC plan to join Eurasia project

Rosneft, Eni and CNPC are planning to join the Eurasia oil and gas project set to be implemented in Kazakhstan.

26 May 2017 , 16:12Neftegaz.RU2890

Iran discovers new gas field next to South Pars

Iran has discovered a new gas field close to the giant offshore field South Pars in the Persian Gulf.

25 May 2017 , 10:09Tsvetana ParaskovaNeftegaz.RU2540

BP aiming at 4 million barrels a day by 2020

BP expects to grow its production to 4 million barrels a day by the end of the decade.

18 May 2017 , 12:13Neftegaz.RU1700

JKX has signed a contract with Schlumberger for work in Ukraine

JKX has signed a contract with Schlumberger to stimulate 11 wells in the Ukraine.

17 May 2017 , 16:07Neftegaz.RU2460

Oil production at Kazakhstan's Tengiz to reach 850 thousand barrels a day

With the implementation of the Future Growth Project-Wellhead Pressure Management Project total daily production from the Tengiz reservoir will reach 850 thousand barrels a day.

16 May 2017 , 18:00Neftegaz.RU2940

Norway offers offshore acreage as part of APA 2017

The Norwegian Ministry of Petroleum and Energy announced this year’s licensing round for mature areas on the Norwegian continental shelf.

03 May 2017 , 15:11Neftegaz.RU2730

Indonesia tackles falling oil output with $200 bln new investment plan

Indonesia is ambitiously planning to bring in $200 bln in new oil investment as local production declines and demand grows.

02 May 2017 , 18:00Irina SlavNeftegaz.RU3030

Lithuania's gas exchange Get Baltic expects growth due to expiring Gazprom discount

The Lithuanian gas market Get Baltic, which is launching operations in Latvia and Estonia in July, projects growth.

01 May 2017 , 12:01Neftegaz.RU2330

Oil prices to revolve around $60–70 in next 3 years

McKinsey Energy Insights claims that oil prices will revolve around $60–70/bbl over the next 3 years.

20 April 2017 , 12:13Neftegaz.RU3180

Iran officially launches South Pars oil layer project

 Iran on Sunday inaugurated a project to recover crude oil from the oil layer of the supergiant South Pars Gas Field.

17 April 2017 , 10:34Neftegaz.RU2470

U.S. Gulf of Mexico oil production breaking records. Set to rise further

Oil production from the U.S. Gulf of Mexico broke an annual record in 2016, and it set to continue to rise.

13 April 2017 , 14:16Neftegaz.Ru3200

Arab oil producers boast over half of the world’s reserves

The 11 Arab countries that comprise the OPEC  have combined proved reserves of 710 bln barrels of crude – 55.6 % of the world’s total.

11 April 2017 , 12:17Neftegaz.RU3360

1st shipment of CNPC's equity oil sets sail from UAE to China

The New Constant oil tanker with 1 million barrels of CNPC's equity oil set sail from Port Fujairah in UAE to China.

07 April 2017 , 14:15Neftegaz.RU3370

ONGC submits new $3 bln plan for Farzad gas field in Iran

ONGC has submitted a revised plan to explore and develop the giant Farzad B gas block in Iran, which includes the commitment to contribute more than $3 billion.

05 April 2017 , 12:10Neftegaz.RU3200

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