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October, Tuesday



Question of the week

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

poll archive

News // Oil and gas worldwide

Pakistan in talks with Russia, Malaysia among others to import LNG

Pakistan is in talks with a number of countries to buy LNG, the country’s oil minister Shahid Khaqan Abbasi said October 24, 2016.

25 October 2016 , 18:00Shardul SharmaNeftegaz.RU7050

Venezuela has $11 billion missing from the state oil giant PDVSA

A report released on Wednesday says at Venezuela’s congress at the national oil company PDVSA that from 2004 to 2014 about $ 11 billion disappeared.

20 October 2016 , 18:00Neftegaz.RU6770

India: Rosneft and BP entry may fuel retail competition

India's fuel retailing sector is poised for unprecedented competition with Russia's Rosneft and Britain's BP set to operate petrol pumps with global best practices, which can shake up the state dominated sector and give consumers international quality service.

20 October 2016 , 13:12Sanjeev ChoudharyNeftegaz.RU5940

Iran to start bidding for oil and gas projects on Monday

Iran will begin taking applications on Monday for an unspecified number of energy projects.

17 October 2016 , 13:00Neftegaz.RU5020

Kazakhstan's Kashagan crude oil ready for exports

The first batch of crude oil from the giant Kashagan oil field off the coast of Kazakhstan has been processed and is destined for exports, an operator said.

17 October 2016 , 10:04Daniel J. GraeberNeftegaz.RU6260

Indian consortium led by Oil India eyes stake in Russia's Vankor cluster oilfields

A consortium led by Oil India Ltd is eyeing up to 49%  stake in Russia's Vankor cluster oilfields to consolidate its presence in the energy-rich Arctic region.

13 October 2016 , 12:13Neftegaz.RU6700

Azerbaijan and Kazakhstan are planning to lay new Eskene-Kuryk-Baku oil pipeline

The Ministry of Energy of Azerbaijan Aliyev announced, that it is planned to lay a Trans-Caspian oil pipe from Kazakhstan to Azerbaijan with capacity of up to 56 million tons a year.

07 October 2016 , 12:08Neftegaz.RU13400

India approves OVL's russian Vankorneft deal

India’s Cabinet Committee on Economic Affairs, chaired by the prime minister Narendra Modi, approved an acquisition by ONGC Videsh (OVL) of 11% stake in Vankorneft.

06 October 2016 , 13:27Neftegaz.RU7040

Socar eyes Bulgaria’s UGS expansion

Azerbaijan´s Socar is interested in participating in the expansion of Bulgaria's underground gas storage (UGS) facility at Chiren, Bulgaria's energy ministry said.

05 October 2016 , 13:12Kama MustafayevaNeftegaz.RU6590

Giant Kashagan oil field under testing

Testing and precomissioning works started at Kashagan oil field in the Kazakh sector of the Caspian sea.

30 September 2016 , 11:04Elena KosolapovaNeftegaz.RU8500

Belgian gas supply competition grows

The Belgian market for natural gas is becoming more competitive every year. That is the main conclusion of a study by the energy market regulator Creg, based on the 2015 numbers.

26 September 2016 , 10:30Koen MortelmansNeftegaz.RU5970

Shah Deniz II is 82% complete

Azerbaijan’s Shah Deniz stage 2 is 82%-completed, said the BP-led project’s vice president Ewan Drummond.

22 September 2016 , 18:00Neftegaz.RU7050

PDVSA launches «one of the world's largest» drilling projects in the Hugo Chavez Orinoco Oil Belt

PDVSA will drill 480 wells in the Hugo Chavez Orinoco Oil Belt. This project, to be launched in the coming days, is unique given the oil market’s current economic situation.

22 September 2016 , 14:03Neftegaz.RU8500

Indian government to fund 40% cost of the $1.9 billion gas pipeline project

India´s Cabinet Committee on Economic Affairs approved viability gap funding for the gas pipeline project of the state-run Gail India Ltd. in the country's eastern part.

22 September 2016 , 12:01Neftegaz.RU5660

Indian GAIL may scrap tender for hiring LNG vessels

State-run gas co and two Japanese bidder fail to reach a consensus on tender conditions.

19 September 2016 , 15:15Sanjeev ChoudharyNeftegaz.RU5780

Iran: No more gas condensate sale

Director of NIOC Mohsen Ghamsari says the stored condensates will reach the end of their sale in the coming months.

14 September 2016 , 10:11Neftegaz.RU5960

India expects higher oil demand growth this year

India's oil demand growth is set to exceed 11% this year as the world's third-largest oil and gas consumer accelerates its economic development.

13 September 2016 , 14:16Neftegaz.RU6510

PGNiG chief expects to win an arbitration case against Gazprom and plans to buy gas deposits in Norway

Poland's PGNiG plans to buy gas deposits in Norway, the company's CEO Piotr Wozniak said on September 8, 2016.

08 September 2016 , 18:48Neftegaz.RU7520

Shell eyes Kazakh gas processing plan

Kazakhstan's energy ministry, state producer KazMunaiGas, energy transporter KazTransGas and Anglo-Dutch major Shell have signed a memorandum of co-operation in the field of gas processing and petrochemicals market research.

07 September 2016 , 18:15Ilham ShabanNeftegaz.RU5170

Venezuela regards as positive the initiative by Russia and Saudi Arabia to stabilize the global oil market

Venezuela´s Minister of Petroleum Eulogio Del Pino expressed the support for the initiative to stabilize the oil market announced by the Minister of Energy of Russia and the Minister of Energy of Saudi Arabia.

07 September 2016 , 14:05Neftegaz.RU5370

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