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News // Oil and gas worldwide

BP-Azerbaijan: Shah Deniz-2 project 99% complete

Shah Deniz 2 first gas scope is now 99 % complete, in terms of engineering, procurement, construction and commissioning.

today, 10:26Neftegaz.RU1370

Khalid Al-Falih: Saudi Arabia plans to double natural gas output in 10 years

Saudi Arabia plans to double its natural gas production over the next 10 years.

15 February 2018 , 16:15Zainab CalcuttawalaNeftegaz.RU2360

IEA: The United States could overtake Russia to become the world’s largest oil producer

Crude oil output from America increased by a colossal amount in the 3 months to November.

13 February 2018 , 16:07Neftegaz.RU2870

BP started producing gas from its Atoll Phase 1 project, offshore Egypt

BP announced that Atoll project was delivered 7 months ahead of schedule and 33 % below the initial cost estimate.

12 February 2018 , 17:24Neftegaz.RU2830

Iraq seeks $100 billion investments to revive oil, transport sectors

Iraq is looking to attract $100 billion worth of foreign investment that would help it rebuild its oil refining and petrochemicals sectors.

12 February 2018 , 10:26Neftegaz.RU2290

Giant Johan Sverdrup project 70% complete

Statoil says the Johan Sverdrup Phase 1 development is nearly 70% complete.

08 February 2018 , 10:10Neftegaz.RU2030

Iran to export 3 million barrels of oil to Russia monthly

Iran’s oil minister has spoken of the country’s contract with Russia to export 3 million barrels of crude oil.

06 February 2018 , 10:12Neftegaz.RU2660

Sisi to witness opening of Egyptian Zohr field

Al-Sisi witnessed the opening of the Zohr field.

01 February 2018 , 10:11Neftegaz.RU2400

The results of the energy sector in 2017 were summed up in Turkmenistan

In the Central building of the oil and gas complex of Turkmenistan were discussed the results of work of enterprises of the industry in 2017.

31 January 2018 , 12:06Neftegaz.RU2280

Research forecasts oil and gas capex and R&D spending boosts in 2018, but industry still promises to keep a cap on costs

Industry confidence has increased much faster than the oil price, as two-thirds of senior professionals globally plan to maintain or increase capital spending in 2018. 36% expect to increase investment in R&D and innovation - the highest level recorded in four years. Efficiency remains a priority, however, as half of professionals forecast increased cost control.

25 January 2018 , 17:29Neftegaz.RU1940

Belarus keen on buying more oil from Iran

Bijan Zangeneh says Belarus has expressed willingness to increase its oil purchases from Iran.

25 January 2018 , 12:08Neftegaz.RU3150

Venezuelan output drops to 28-year low in 2017

Venezuelan oil output dropped 13 % in 2017, falling to a 28-year low.

19 January 2018 , 14:11Zainab CalcuttawalaNeftegaz.RU2690

Iraq and BP signed deal to develop Kirkuk oil fields

Iraq signed a MoU with BP.

18 January 2018 , 18:00Neftegaz.RU3570

Iran to develop onshore section of gas pipeline to Oman, interested in Gazprom’s participation

Iran is ready to build the onshore stretch of a major gas pipeline project.

15 January 2018 , 15:27Neftegaz.RU4230

Belarusian oil industry getting ready to work with higher prices for Russian oil

 The Belarusian oil processing industry is laying some groundwork in anticipation of Russia's decision to lift export duties from oil deliveries.

12 January 2018 , 14:07Neftegaz.RU3130

Norway achieves record gas sales

Never before has so much gas been sold from the Norwegian shelf as was the case in 2017.

12 January 2018 , 12:06Neftegaz.RU3350

US says oil output to beat Saudi Arabia and Russia in 2019

The Department of Energy forecast that oil output in the USA could top both Saudi Arabia and Russia.

11 January 2018 , 12:10Neftegaz.RU2770

Qatar Petroleum CEO departs to China for talks on energy cooperation

The CEO left for China at the head of an official delegation to discuss cooperation in the energy field.

10 January 2018 , 16:07Neftegaz.RU3620

Shell to retain ownership of A/S Dansk Shell

Shell announces on January 2, 2018 that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities, has terminated and the sale will not complete.

04 January 2018 , 20:56Neftegaz.RU1990

Shell completes sale of its LPG marketing business in Hong Kong and Macau

Shell has completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG on 31st December 2017.

03 January 2018 , 13:12Neftegaz.RU2630

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