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February, Sunday

Ratings // News

Position Heading Hits
1

Israel’s future as an energy exporter may require engaging Russia

Israel’s geopolitical fact of life is that it sits between Turkey and Egypt. These 2 major Middle Eastern actors also constitute Israel’s 2 possible export routes for bringing Israeli natural gas to market. However, Cairo’s announcement of impending new natural gas discoveries off Egypt’s coast combined with the disappointing results of last month’s historic Cyprus reunification talks raise the specter that Israel may find itself without a way for its gas to reach international markets. One key to avoiding this predicament may be for Israel to engage Russia as a stakeholder in its energy development.

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2

Russian Gas Exports to Asia Expected to Quadruple by 2020

Russian gas exports to Asia will increase by the end of the decade from 11.8 billion m3 this year to 44.2 billion m3 by 2020, international business intelligence firm GlobalData predicted.

734
3

ONGC's $2.4 bln Mozambique deal under Oil Ministry scanner

ONGC's $2.4 bln purchase of Videocon Group's 10 % stake in a giant Mozambique gas field has come under the Oil Ministry's scanner following allegations that the PSU may have overpaid about $200 million.

686
4

Lukoil reports 0.7 Bboe added in 2016 proved reserves

Based on the geological exploration results and the revision of previous estimates, Lukoil added 0.7 Bbbl of oil equivalent to its proved reserves.

683
5

Wintershall Russia. From the Moskva to the Neva estuary

Wintershall is moving its Russian branch office, which currently has around 90 employees, from Moscow to St. Petersburg in August 2017.

627
6

Kazakhstan´s gas exports rise for 3rd year

Kazakh commodity sector is trying to develop its gas production as oil output falls, according to local analysts Finprom.kz.

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7

1st regasification unit for Russian LNG commissioned in Astana

The Global Gas Group has put into operation the 1st LNG regasification unit in Astana.

594
8

Russia given 6 months to finish study on Changuleh oil field

An Iranian official announced the signing of a confidentiality agreement with Russia’s Gazprom on conducting a study concerning the development of the Changuleh oil field in western Iran.

574
9

Eni complete the sale to BP of a 10% stake of Shorouk, offshore Egypt

Eni, BP, and the Egyptian Minister of Petroleum signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt.

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10

South Stream project will be carried out, Russian official says

South Stream gas pipeline project will probably be carried out, said Russia's commercial attaché to Bulgaria.

520
11

Russia and China discuss energy cooperation

Chinese Vice Premier Zhang Gaoli met with Gazprom CEO Alexei Miller, calling for steady development of bilateral engery cooperation.

520
12

Iran and Russia plan to enhance economic bonds in a month

Iran and Russia expect 5 economic events to take place in Tehran by March 20, 2017.

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13

Rosneft starts drilling the 1st exploration well at the Solimoes project

Rosneft Brasil (100% owned Rosneft subsidiary) started the drilling of the 1st exploration well in the Solimoes Basin.

508
14

Belarus buys Iran crude oil to replace Russian barrels?

Bel Oil concluded a contract with the NIOC on the purchase of 80,000 tons of crude oil for the country’s oil refineries.

505
15

JKX Oil & Gas says January production hit as Russia stimulation ebbs

JKX Oil & Gas said its production in January declined year-on-year, as growth in its production in Ukraine was offset by a decline in Russia.

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16

Austrian OMV hit by impairments and gas oversupply

OMV reported a net loss of €192 mln for Q4 2016, down from €1.017 bln in the same period of 2015, thanks to cost-cutting and higher oil prices.

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17

Krylov Centre dipped into the future of Prirazlomnaya platform

The Krylov Centre has completed a major research project: comprehensive analysis of the oil production and marine transportation infrastructure of the offshore platform Prirazlomnaya.

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18

Directional oil well for NAFTAGAZ company on Juzhno-Priobskoe oilfield

The new directional oil well was finished on Juzhno-Priobskoe  oilfield for NAFTAGAZ company, at ambient temperature -51oC, with the using of the top drive systemDQ50B, which was set on the drilling rig «УРАЛМАШ 3000 ЭУК 1М».

477
19

Shell will start supplying Singapore with LNG this year

Shell and Pavilion Gas will start delivering liquefied natural gas to Singapore later this year.

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20

Gazprom Neft Omsk refinery showed a proportional increase in production of light petroleum products

2016 shows the Gazprom Neft Omsk Refinery processed a total 20.5 million tonnes of crude oil, maintaining its leading position in the Russian refining industry.

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Neftegaz.RU context