March, Saturday

Ratings // News

Position Heading Hits
1

Sinopec nearing deal to buy Chevron’s $1 billion South African assets

Sinopec is the last bidder left in the race to buy a majority interest in Chevron’s South African assets worth $1 billion.

544
2

Gazprom’s claims against Ukraine’s Naftogaz could reach $80 bln

Gazprom is claiming around $50 billion from Ukraine’s Naftogaz at an international arbitration over gas pricing contracts.

537
3

Iran to raise oil exports to Europe by 60% within 2 months

Iran will increase oil exports to Europe by 60 % by the next 2 months, National Iranian Oil Company’s managing director reported.

514
4

Rosneft to supply 10 LNG cargoes to Egypt

Rosneft has signed a contract to supply 10 LNG cargoes to Egyptian Natural Gas Holding Co. within 2017.

473
5

Eni and Gazprom boost cooperation to ship Russian gas to Europe

Eni signed an agreement with Gazprom to jointly analyze the prospects for cooperation in developing the southern corridor for gas supplies from Russia to European countries.

455
6

Statoil seeking extra $1 bln worth of savings in 2017

Norwegian energy giant Statoil said it is targeting an additional $1billion worth of cost cuts in 2017.

448
7

Hyundai Heavy wins tanker order from Russia

Hyundai Heavy received an order for 4 tankers from Russia's state-run shipping company Sovcomflot.

448
8

Oil-rich Russia revises GDP growth estimate higher

As crude oil prices recover from last year's historic decline, the Russian finance minister said the outlook for gains in gross domestic product have improved.

442
9

BP awards Schlumberger contract for Mad Dog 2 project

Schlumberger announced the award by BP of an engineering, procurement and construction contract.

434
10

Russia remained the world’s top oil producer in January

Russia remained the world’s largest oil producer in January, according to new statistics.

419
11

S&P upgrades Russia outlook to positive

The Standard and Poor's agency raised its outlook for Russia's credit rating to positive from stable.

405
12

Johan Sverdrup Phase 2 to go ahead

Statoil and its partners have agreed to move forward with a $5.92-6.51 bln 2nd phase development of the giant Johan Sverdrup field offshore Norway at a sub-$30/bbl break even price.

390
13

Chinese CNOOC reported its worst annual result since 2011

CNOOC posted a huge drop in profit last year as revenues and production sank, but its per-barrel unit cost came down appreciably.

389
14

Gazprom and the European Commission: What’s next?

After lengthy negotiations, the European Commission and Russian gas monopoly Gazprom have agreed on a list of commitments, which the Commission expects will most likely resolve all the competition concerns that were stated in the Statement of Objections.

382
15

Ukraine to take JKX to court

JKX has instead been named in a court writ seeking to annul a recent arbitration award.

372
16

Wintershall celebrates record production, but earnings take hit

Wintershall said it achieved record production in 2016, hitting 165 million barrels oil equivalent.

360
17

Petrobras sees $4 bln 2016 loss, but 4th quarter up

Brazil's troubled national oil company Petrobras posted a $4 billion loss in 2016 but ended in positive territory for the 4rth quarter.

357
18

Saudi retains top oil supplier to China despite yr/yr drop

Saudi Arabia maintained its spot as China's top oil supplier in February.

347
19

Ellon based NECE wins 1st contract of year in Kazakhstan

Ellon-based integrity monitoring specialist North East Corrosion Engineer (NECE) has won its 1st contract of the year in Kazakhstan.

335
20

Putin insists Europe needs expanded gas pipeline

An expansion to a Russian gas pipeline running offshore to Germany makes sense given production declines in Europe, Russia's president said.

316

Neftegaz.RU context