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January, 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 // Oil and gas worldwide

Trans Adriatic Pipeline secured $4.5 billion financing deal

TAP announced financial close, with €3.9 billion secured from public and private lenders.

15 January 2019 , 10:10Neftegaz.RU1900

BP and Eni to agree to pursue major new exploration opportunity in Oman

BP and Eni today signed a heads of agreement with the Ministry of Oil and Gas of the Sultanate of Oman.

14 January 2019 , 15:20Neftegaz.RU2160

Shah Deniz celebrates 100 billion m3 of total gas production

12 years on from start-up, BP has pumped 100 billion m3 of gas from Shah Deniz.

09 January 2019 , 18:00Neftegaz.RU2800

Ecuador audit finds $2.5 billion lost in oil infrastructure corruption

Ecuadorean President said that a special audit into $4.9 billion worth of oil-related infrastructure investment in the last decade reveals that about half of it was lost to corruption.

07 January 2019 , 18:00Neftegaz.RU1940

Kuwait’s new Oil Minister affirms commitment to reduce production, stabilize market

Khaled al-Fadhel reiterated his commitment to OPEC's output reduction agreement.

27 December 2018 , 12:08Neftegaz.RU3070

India to officially start operating Shahid Beheshti Port in Iran´s Chabahar

Opening an office in Iran, India Ports Global Limited officially taken over the operations at phase 1 of Shahid Beheshti Port.

26 December 2018 , 12:08Neftegaz.RU3210

IEA Chief: U.S. oil output to near Saudi+Russian production by 2025

Total U.S. oil production around 2025 will almost equal the combined production of Russia and Saudi Arabia.

24 December 2018 , 13:00Tsvetana ParaskovaNeftegaz.RU2340

Nigeria oil output may rise 60% by 2020

Ibe Kachikwu said the West African country's oil production may rise 60 % by 2020.

18 December 2018 , 16:06Neftegaz.RU3100

No rise in the price of Russian natural gas for Armenia, acting minister says

Garegin Baghramyan denied media reports claiming that Russia is going to increase the price of natural gas.

14 December 2018 , 12:06Neftegaz.RU3850

China’s crude oil imports jump to new record high in November

China’s crude oil imports averaged more than 10 million bpd for the 1st time ever in November.

13 December 2018 , 14:08Tsvetana ParaskovaNeftegaz.RU3530

King Salman Energy Park sparks new era of growth for Saudi Arabia’s energy sector

Mohammed bin Salman bin Abdulaziz today broke ground on the King Salman Energy Park (SPARK).

11 December 2018 , 14:07Neftegaz.RU2880

Libya’s 2018 oil exports to China double on 2017

The year is not yet over, but Libya’s crude oil exports to China in value terms are already worth twice.

03 December 2018 , 18:00Irina SlavNeftegaz.RU6870

USA crude oil and natural gas proved reserves set new records in 2017

High prices and continued development of shale and tight resources drove proved reserves of both U.S. crude oil and natural gas to new records in 2017.

30 November 2018 , 15:27Neftegaz.RU3000

Macroeconomic factors propelling China as one of the most important markets for oil & gas companies

China’s demand for oil and gas for domestic consumption and dependency on imports makes it one of the most lucrative markets.

28 November 2018 , 16:05Neftegaz.RU2730

Argentina to start 1st-ever LNG exports in 2019

Argentina will be joining the ranks of exporters of LNG next year.

23 November 2018 , 16:05Tsvetana ParaskovaNeftegaz.RU4370

New gas discovery in Oltenia region confirms near-field exploration opportunity

OMV Petrom S.A. (OMV Petrom), the largest energy company in South-Eastern Europe, discovered new resources in close proximity to existing infrastructure in Vâlcea County, Oltenia.

23 November 2018 , 13:01Neftegaz.RU2660

Indian oil retailers to invest $35-40 billion over 5 years in capacity expansion

India’s Oil Marketing Companies are likely to invest between $35 billion and $40 billion over the next 5 years.

21 November 2018 , 16:08Neftegaz.RU3800

Kazakhstan has gained $132 billion since Tengiz development start

Kazakhstan has received $132 billion over the years of development of the Tengiz oil and gas field.

19 November 2018 , 13:00Neftegaz.RU3980

Ichthys to make Australia world’s biggest LNG exporter

EnergyQuest said Australia is on the cusp of taking becoming the world’s biggest exporter of LNG.

16 November 2018 , 14:09Neftegaz.RU4050

TAPI and TAP projects discussed in Afghanistan

TAPI and TAP were discussed in Kabul.

13 November 2018 , 14:07Neftegaz.RU5090

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