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News // Oil and gas worldwide

Russian,Turkish, Iranian companies ink $7 billion energy deal

Unit International signed a $7 billion agreement with Zarubezhnet and Ghadir Investment Holding to drill in Iran.

16 August 2017 , 14:12Neftegaz.RU5790

Belorusneft now extracts oil in Ecuador

Belorusneft has started extracting oil in Ecuador, said Piotr Povzhik, the company's Deputy Director General for Geology.

16 August 2017 , 10:10Neftegaz.RU1790

Saudi Arabia budget deficit halves after reforms, oil rebound in 1st half this year

Saudi Arabia's budget deficit halved in the 1st 6 months of this year.

14 August 2017 , 15:21Neftegaz.RU2190

Indian ONGC Videsh to pump $150 million in Kazakhstan, Colombia and Bangladesh

ONGC Videsh plans to invest $150 million in exploration to drill more wells in Colombia, in Kazakhstan and Bangladesh.

10 August 2017 , 10:11Sanjeev ChoudharyNeftegaz.RU2090

Greek government launched 2 tenders for offshore oil & gas exploration

Greece has launched 2 offshore exploration and production tenders.

08 August 2017 , 18:00Neftegaz.RU2860

Topaz secured $100 mln contract for the development of Turkmenistan’s offshore

Topaz secured a $100 million contract with Dragon Oil for work off Turkmenistan.

08 August 2017 , 14:10Neftegaz.RU4110

Maersk sees up to 140,000 bpd potential for Iran South Pars

Maersk Oil has estimated potential output for the 2nd phase of Iran's South Pars oil deposit at 120,000-140,000 barrels of oil per day.

03 August 2017 , 10:12Neftegaz.RU4110

Zohr field to make Egypt energy exporter

The Egyptian Prime Minister Sherif Ismail met with Eni’s CEO.

02 August 2017 , 10:12Neftegaz.RU2930

Kazakhstan fleet supplier gets loan for 2 new charters

A Kazakhstan based offshore vessel supplier has been given a $14million loan to buy new ships.

01 August 2017 , 10:11Neftegaz.RU2360

Saudi Aramco reducing power consumption with a world’s 1st in automation technology

Southern Area Oil Operations successfully completed the world’s 1st pilot project to implement APC technology in the Khurais oil field.

31 July 2017 , 15:28Neftegaz.RU2710

Georgia launches UGS tender

Georgia has launched a tender for the construction of its 1st ever underground gas storage unit.

25 July 2017 , 18:00Neftegaz.RU2920

Eni CEO in Qatar to discuss LNG projects

Eni CEO to meet Qatar Petroleum CEO in the wake of QP's July 4 declaration that it means to expand LNG production by 30%.

24 July 2017 , 13:00Neftegaz.RU3230

Birth of an Indian oil giant: 6 reasons why HPCL-ONGC deal is important

The indian Union Cabinet approved the plan to sell government's 51% stake in state-refiner HPCL to explorer ONGC.

20 July 2017 , 14:09Neftegaz.RU2350

Iraq will need Iranian gas for electricity generation for 7 years

Iraq will need sustained supplies of Iranian  natural gas for the next 7 years to operate its electricity-generating stations.

17 July 2017 , 13:00Neftegaz.RU2600

Mexico: Eni boosts Amoca estimates to 1 billion BOE

This week is proving to be a big one for the Mexican offshore oil and gas sector.

13 July 2017 , 12:10Neftegaz.RU2180

Mexico to hold another 4 oil auctions by end of 2018

4 oil and gas auctions for Mexican lots are expected to be held by the end of 2018.

10 July 2017 , 10:28Neftegaz.RU2190

Qatar’s North Field project doubles in size

Qatar Petroleum has announced plans to double the size of a new LNG project in the North Field.

05 July 2017 , 14:24Neftegaz.RU2370

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.RU2630

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.RU3230

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.RU2240

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