News // Oil and gas worldwide
Iran will begin on Tuesday the operation of a pipeline supplying natural gas to Iraq, Iran’s oil minister said Saturday.
23 January 2017 , 13:00Neftegaz.RU5700
CNOOC is aiming to cut production by 3.4 to 5.5 % this year, the 2nd annual decline in a row after 15 years of impressive growth, despite planning a rebound in project spending.
20 January 2017 , 12:11Neftegaz.RU6230
Chinese export credit agency Sinosure has opened a $1.3 billion line of credit for the upgrade of an Iranian oil refinery.
19 January 2017 , 14:03Neftegaz.RU5700
Exxon Mobil is buying about 275,000 acres in the booming Permian Basin oil fields from the Bass family for $5.6 billion in stock and $1 billion in contingent cash payouts.
18 January 2017 , 12:06Neftegaz.RU6150
Oil consumption in India is expected to 7-8 % this year, outpacing China's demand growth for the 3rd consecutive year, as impact of demonetisation is likely to be short-lived.
16 January 2017 , 17:37Neftegaz.RU6480
More than 7 million barrels of crude oil have been produced safely from the Kashagan oil field in Kazakhstan since September 2016, the operator said.
16 January 2017 , 10:37Neftegaz.RU5440
Malta’s first LNG cargo, supplied by Azerbaijan's state Socar, was delivered January 11 aboard the tanker Galea.
13 January 2017 , 12:13Neftegaz.RU7200
Argentina has clinched a deal with labour unions and energy companies aimed at luring investors to the Vaca Muerta formation in Patagonia, one of the largest shale reserves in the world.
11 January 2017 , 14:17Neftegaz.RU6130
Wood Group has secured a 5-year multi-million dollar framework agreement with Saudi Aramco to continue providing engineering and project management services to its onshore capital programmes in the Kingdom of Saudi Arabia.
11 January 2017 , 10:11Neftegaz.RU5890
Petrofac has been awarded a $600 mдт (€569 mдт) contract for an extraction project in southern Oman.
09 January 2017 , 13:00Neftegaz.RU6490
Venezuelan President Nicolas Maduro replaced Eulogio del Pino as head of the Oil Ministry in the latest attempt to get the long-suffering country back on its feet.
06 January 2017 , 10:05Neftegaz.RU6490
Belarus reduced export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union (EEU) on 1 January 2017.
04 January 2017 , 10:12Neftegaz.RU7940
Venezuela, the OPEC member, whose economy has all but collapsed under the cartel's pre-cutback production frenzy that decimated crude prices, says it will reduce output by 95,000 barrels per day (bpd) in the New Year.
29 December 2016 , 18:09Neftegaz.RU8170
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholam-Hossein Shafeie says Iran's gas can be exported to Europe via Georgia and the Black Sea in the near future.
26 December 2016 , 15:00Neftegaz.RU8150
Egypt is taking the first steps to liberalise and deregulate its gas market through gradual privatisation in the hope of making the country a regional energy hub.
23 December 2016 , 10:11Neftegaz.RU5810
Petronas signed a memorandum of understanding with NIOC to collaborate in a field study in South Azadegan and Cheshmeh Khosh oilfields.
22 December 2016 , 15:00Neftegaz.RU6980
Chinese Wison Engineering Services has been awarded an engineering, procurement and construction contract to build an LNG project in Kazakhstan.
21 December 2016 , 14:18Neftegaz.RU8060
The operator of the project for development of phases 20 and 21 of South Pars gas field Ali-Reza Ebadi says the project to extract gas from phase 21 of South Pars with 28 million cubic meters/day has started.
15 December 2016 , 18:26Neftegaz.RU5410
Petrofac has secured a contract worth $75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP).
14 December 2016 , 14:16Neftegaz.RU6300
Tethys Petroleum resumed gas sales to Kazakh transportation company Intergas Central Asia (ICA), the Cayman Islands company said December 12.
14 December 2016 , 12:05Neftegaz.RU4650