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News // News worldwide

Indian ONGC eyes doubling gas production to 100 mmscmd in 5-6 years

ONGC said it plans to double gas production to over 100 million standard cubic meters per day in the next 5-6 years.

16 August 2017 , 12:11Neftegaz.RU1810

Oil prices turn higher after reports of Saudi crude cuts to Asia

Oil prices were up slightly on the back of reports that Saudi Arabia is planning to cut exports to Asia next month.

08 August 2017 , 16:10Christopher AlessiNeftegaz.RU3080

Iraq seeks enhanced energy ties with Iran

Iraq is seeking to enhance relations with Iran in oil and gas industries.

31 July 2017 , 17:30Neftegaz.RU2300

New gas projects to double Egypt’s production in 2020

Minister of Petroleum said that the new natural gas projects in Egypt will increase production by 50% in 2018 and 100% in 2020.

18 July 2017 , 12:10Neftegaz.RU2590

The Energy Union tour: Focus on Portugal

European Commission Vice-President for Energy Union Maroš Šefčovič visiting Portugal as part of the Energy Union tour.

17 July 2017 , 17:30Neftegaz.RU2840

Iran says in talks with 27 foreign firms over major oil projects

Iranian Deputy Oil Minister for International Affairs said Tehran is in negotiations with 27 foreign companies over oil projects worth $200 billion.

13 July 2017 , 14:06Neftegaz.RU2670

India to import US crude for 1st time, delivery in October 2017

India has sealed a 1st deal to import crude oil from the US and the shipment is expected to touch Indian shores in October.

11 July 2017 , 15:30Neftegaz.RU3080

Eesti Energia to begin selling electricity, natural gas in Poland

A permit has been issued by the Polish Energy Regulatory Office to Enefit, a subsidiary of Estonian-state owned energy company Eesti Energia.

22 June 2017 , 10:13Neftegaz.RU2590

D.Pradhan: Rosneft plans big to tap Indian retail fuel market

Dharmendra Pradhan today said Rosneft planned to tap the retail fuel market in India in a big way.

19 June 2017 , 17:29Neftegaz.RU3140

IEA: Global oil discoveries dropped to record low in 2016

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years.

28 April 2017 , 12:18Neftegaz.RU4170

Schlumberger commits $390 mln to Argentina shale project

Schlumberger has signed a deal with Argentina’s YPF to start a shale oil pilot project in the South American country.

14 April 2017 , 14:21Neftegaz.RU2990

EU gas consumption increased by 7 % in 2016

Natural gas consumption in the EU-28 increased by 4% in 2015, compared with 2014, and by another 7% in 2016, compared with 2015.

11 April 2017 , 10:12Neftegaz.RU3730

Slovakia to lose big over Nord Stream 2 pipeline: expert

Slovakia will be the biggest loser in the European Union owing to the planned Nord Stream 2 pipeline.

03 April 2017 , 15:31Neftegaz.RU4620

Petrofac wins $1.3 bln EPC contract with Kuwait Oil Company

Petrofac won a 3-year contract worth roughly $1.3bn from the Kuwait Oil Company.

28 March 2017 , 14:21Neftegaz.RU3700

Green light for Dvalin

Norway’s Ministry of Petroleum and Energy has approved the plan for development and operation for the DEA-operated Dvalin development.

23 March 2017 , 16:17Neftegaz.RU3950

Qatargas to boost Polish LNG supply volumes

Qatargas reached an agreement with Polish Oil and Gas Company to increase the volume of its curent LNG supplies.

15 March 2017 , 14:16Neftegaz.RU3310

Delek: Israel begins gas exports to Jordan

An Israeli company said it has started exporting gas from an offshore field to Jordan.

03 March 2017 , 14:12Neftegaz.RU4340

Iran and Norway in oil talks

Norway's oil industry can invest in Iran's upstream development projects and also collaborate with Iranian companies to adopt enhanced oil recovery (EOR) methods to boost recovery rate from Iranian oilfields.

02 March 2017 , 10:12Neftegaz.RU4760

Indian ONGC may acquire HPCL in $6.6 billion deal

ONGC may acquire HPCL in an about $6.6 billion deal as part of the government's plan to create an integrated oil giant.

28 February 2017 , 12:11Neftegaz.RU4510

Saudis and Angola overtake Russia in January exports to China

Saudi Arabia has regained its position as top oil supplier to China in January, overtaking Russia which was last year’s biggest supplier to China after having pushed the Saudis from the top spot.

27 February 2017 , 10:38Neftegaz.RU5020

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