News // Поиск по тегу 'energy'

The huge global demand for methanol is set to build up business in the Middle East, while China looks to keep the title of leading petrochemical hub, according to a new report by business intelligence experts GBI Research.

Following the Memorandum of Intent signed on April 26, 2011, Gazprom and DONG Energy held lengthy negotiations and agreed on the action plan to further develop cooperation between the two companies in Northwestern Europe at the existing gas-fired power plants as well as at a brand new and modern combined cycle power plant to be constructed.

Exxon Mobil Corporation (NYSE:XOM) plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said today in a presentation at the New York Stock Exchange.

Media in Kazakhstan are reporting that a major oil-refining plant in the southern city of Shymkent has been damaged in a fire.

Kuwait Energy, and independent explorer with assets throughout the Middle East, yesterday posted record revenues (net of tax) of $50.4m, up 26.9% from Q4 2010 and up 5.2% from Q3 2011.

Russian gas monopoly Gazprom may increase its gas deliveries to South Korea to at least 10 billion cubic meters a year starting in 2017, with talks on the issue to begin in December, Gazprom CEO Alexei Miller said on Wednesday

Russia and Greece will hold talks to work out a joint position on the Burgas-Alexandroupolis oil pipeline project before the end of the year, Russia's Energy Minister Sergei Shmatko said on Monday.

Several major energy companies signed the first capacity supply agreements Thursday in a ceremony that started laying the groundwork for future investment into the Russian energy industry.

Moscow is ready to increase energy cooperation with Turkmenistan, Russian President Dmitry Medvedev told his Turkmen counterpart Gurbanguly Berdymukhammedov on Friday

Oil dropped from its highest in almost two weeks after factory production in the U.S. unexpectedly declined in September and analysts forecast the nation’s crude stockpiles swelled to the largest since June

India government offers 34 oil & gas blocks for exploration, notice shows

Natural gas is trading in the tightest range in eight years as rising U.S. production pushes inventory levels close to last year’s record, undermining profit for traders who thrive on price swings

Gazprom Neft, the oil arm of energy giant Gazprom, has been made a project leader for the Junin-6 project in the heavy oil basin of Venezuela's Orinoco River, the company said on Tuesday.

Russia's Energy Ministry has proposed cutting the maximum crude oil export duty from the current 65 percent to 55 percent to shift the tax burden from oil production to oil refining

Lukoil said its project in Ghana will almost certainly turn commercial. Dmitry Timoshenko, VP of Lukoil Overseas said, "We are almost certain that we will have commercial development," at a press conference in Moscow with Ghana's Energy Minister Joe Oteng-Adjei.

The US said it had reached agreement with four oil companies that they exit Iran rather than face sanctions, while Japan said a state-owned oil group would end its involvement in a huge Iranian oilfield.

Russia to present energy cooperation monitoring at Expo 2010

 Halliburton (NYSE: HAL) has been awarded a contract by Eni to provide a range of integrated energy services toward the redevelopment of the Zubair field in southern Iraq, Halliburton reported in a news release.

Billionaire energy investor T. Boone Pickens expects oil—currently priced over $71—to reach $85 by the end of the year.

 In the third quarter of 2010, the Russian Energy Ministry will submit a program on developing subsoil wealth on the Yamal peninsula which will include privileges for a project to produce liquified natural gas - the Yamal LNG project, Russian Energy Minister Sergey Shmatko told journalists in Moscow.