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October, Wednesday



Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Economy

Iran to name foreign companies eligible for oil tenders

Iran will issue a preliminary list of foreign companies eligible to participate in tenders to develop its oil and gas fields within the next 2 weeks.

19 July 2016 , 14:17Neftegaz.RU9030

Woodside Awards OneSubsea an Integrated EPC Contract

OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling approximately $300 million from Woodside Energy Ltd.

15 July 2016 , 13:14Neftegaz.RU5280

NIOC und Zarubezhneft ink confidentiality agreement

Iran has signed a basic non-disclosure agreement with Russia’s state-owned energy giant Zarubezhneft over two western oil fields.

13 July 2016 , 16:16Neftegaz.RU9380

LNG Canada’s joint venture participants delay timing of final investment decision

On July 11, 2016,  LNG Canada announced that its joint venture participants – Shell, PetroChina, Mitsubishi Corporation and Kogas – have decided to delay a final investment decision on LNG Canada that was planned for end 2016.

12 July 2016 , 11:07Neftegaz.RU5140

Saipem awarded new E&C contracts worth over €1.5 billion, including the Zohr Field Development Project

Saipem has been awarded new contracts and variation orders in E&C offshore, for an overall amount in excess of 1.5 billion euros.

08 July 2016 , 11:14Neftegaz.RU18200

Saipem: new €554 million credit facility to finance the acquisition of goods and services from Norway

Saipem has subscribed a new credit facility for up to €554 million which will be used for the financing or refinancing of the Company’s purchases of equipment and services from Norwegian exporters.

04 July 2016 , 12:04Neftegaz.RU6320

Yamal LNG Withdraws First Tranche of Financing from Chinese Banks

OAO Yamal LNG (“Yamal LNG”) today reported withdrawing the first tranche of financing in the amount of EUR 0.45 billion provided by the China Development Bank and the Export-Import Bank of China under loan agreements signed on 29 April 2016.

29 June 2016 , 17:18Neftegaz.RU4910

Gazprom Expects Profits To Triple Despite Low Oil Prices

After posting an 86 percent drop in net profit of 159 billion rubles ($3.07 billion) in 2014, the Russian gas giant has posted margins of over 10 percent for 2015 and expects its profits to triple.

27 June 2016 , 15:28Neftegaz.RU4240

Igor Sechin and CSIC Chairman Hu Wen Ming signed contract for floating transfer dock construction for Zvezda Shipyard

Far Eastern Plant Zvezda, China Shipbuilding & Offshore International Co., Ltd. (CSOC) and Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd. (BSIC) signed a contract for the construction and delivery of a floating transfer dock facility for Zvezda shipbuilding complex.

27 June 2016 , 11:53Neftegaz.RU5460

TATNEFT has Announced a Tender for Transport Services

PJSC TATNEFT has opened a procurement procedure for selection of contractors to provide transport services (cargo and passenger transportation and specialized equipment services for structural divisions) for the Company’s Oil and Gas Production Divisions.

24 June 2016 , 19:17Neftegaz.RU3690

SOCAR President attends meeting with Upstream investors

Rovnag Abdullayev, President of SOCAR, attended a meeting held within the framework of BP two-day investor field trip to Baku.

23 June 2016 , 13:20Neftegaz.RU4590

Igor Sechin rejects Selling Public Shares To China and India

Rosneft’s Igor Sechin rejected rumors alleging that the Russian company would sell the government’s 19.5 percent stake to a consortium of Chinese and Indian oil firms.

23 June 2016 , 11:11By Erwin Cifuentes, OilpriceNeftegaz.RU5920

Gazprom earns RUB 45.2 billion from selling non-core and inefficient assets

The Gazprom Board of Directors took note of the report on the progress of the Program for the disposal of non-core assets, which had been developed for a three-year period from the second half of 2013 through the first half of 2016.

22 June 2016 , 11:10Neftegaz.RU5060

Results of NOVATEK’s Extraordinary General Meeting of Shareholders

The Extraordinary General Meeting of Shareholders (“EGM”) of OAO NOVATEK held yesterday resolved to approve a series of related party transactions.

21 June 2016 , 15:44Neftegaz.RU5530

Rosneft and a Consortium of Indian Investors Signed Agreements to Affiliate the Vankor Project

Rosneft and Consortium of Indian Companies led by Oil India Limited along with Indian Oil Corporation Ltd. and Bharat PetroResources have signed the agreement of sale and purchase of 23.9% in Vankorneft and the shareholders agreement.

20 June 2016 , 16:23Neftegaz.RU4910

Gazprom to stimulate dynamic growth of Bolivia’s energy market

Alexey Miller and Luis Alberto Sanchez Fernandez, Bolivian Minister of Hydrocarbons and Energy, and Guillermo Acha Morales, President of Yacimientos Petroliferos Fiscales Bolivianos (YPFB), signed at the Petersburg International Economic Forum a Road Map between Gazprom, Bolivia's Ministry of Hydrocarbons, and YPFB for implementing projects in Bolivia.

20 June 2016 , 13:22Neftegaz.RU6190

Rosneft and PV OIL Signed an Unprecedented Long Term Crude Oil Supply Contract

Rosneft and Petrovietnam Oil Corporation (PV Oil) signed at the XX St. Petersburg International Economic Forum, a subsidiary of Petrovietnam Vietnam Oil and Gas Group, signed a long term oil supply contract.

17 June 2016 , 13:44Neftegaz.RU6260

Alexey Miller lists seven reasons for northern export corridor’s increased economic efficiency

Alexey Miller, Chairman of the Gazprom Management Committee, gave a speech at the Geo-Economics of Large-Scale Infrastructure Projects panel session that took place at the St. Petersburg International Economic Forum 2016.

17 June 2016 , 13:30Neftegaz.RU6070

Rosneft Requests One-year Postponement of Start of Oil Supplies to the Zapolyarye – Purpe OTP

Rosneft Oil Company has approached Transneft with a request for downward adjustment of its planned supply of oil to the Zapolyarye – Purpe oil trunk pipeline (OTP).

13 June 2016 , 12:36Neftegaz.RU4970

Naftogaz is open to consider Gazprom’s proposals for next three quarters

Resumption of Russian gas purchase is conditional on competitive price and approval of a new winter package.

07 June 2016 , 19:09Neftegaz.RU4270

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