News // Economy
Venezuela is facing profound social and political crises, creating the circumstance of a potential catastrophe to come.
17 August 2016 , 16:16Neftegaz.RU7430
Wood Group is providing main automation contractor services to Tengizchevroil at the Tengiz Field in Kazakhstan.
16 August 2016 , 16:19Neftegaz.RU8400
Amir Hossein Zamaninia, the Iranian deputy oil minister announced that Iran will ink new oil contracts worth billions of dollars with renowned foreign companies by the end of the present Iranian calendar year (March 20, 2017).
15 August 2016 , 12:11Neftegaz.RU12880
Gazprom reported its 1st-quarter net profit slipped 5% to 362 billion roubles ($5.6 billion) despite an increase in revenue, as operating expenses rose.
10 August 2016 , 18:17Neftegaz.RU5200
The number of oil and gas companies filing for bankruptcy has reached 113 between Q4 2014 and Q2 2016 with the US leading with 93 bankruptcies.
09 August 2016 , 10:12Neftegaz.RU5100
Korea Oil Corporation (KNOC) has stated its intention to abandon the Zhambyl oil block in the Kazakh section of the Caspian Sea.
08 August 2016 , 10:00Neftegaz.RU9310
One of the world’s largest offshore drilling contractors, Transocean, posted a sharp drop in second quarter 2016 profit while its revenues were almost halved.
05 August 2016 , 10:02Neftegaz.RU4760
The Kuwaiti government announced the decision on August 1, 2016. The price hike is part of economic reforms aimed at countering falling oil revenues.
03 August 2016 , 09:04Neftegaz.RU5520
BP posted a lower profit for the second quarter of 2016 of $720 million on an underlying replacement cost basis, compared with $1.3 billion for the second quarter of 2015.
26 July 2016 , 16:12Neftegaz.RU5700
Exxon Mobil and InterOil Corporation announced an agreed transaction worth more than $2.5 billion, under which ExxonMobil will acquire all of the outstanding shares of InterOil.
22 July 2016 , 09:52Neftegaz.RU6610
Halliburton on Wednesday posted a loss for the second quarter of 2016, compared to a year-earlier profit, impacted by a failed merger with its rival Baker Hughes.
21 July 2016 , 10:11Neftegaz.RU5900
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.RU11890
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.RU6260
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.RU11380
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.RU6340
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.RU24590
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.RU7760
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.RU5950
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.RU4950
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.RU7410