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News // Oil and gas worldwide

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.RU5380

Azerbaijan’s SOCAR launches new gas distribution network in Georgia

President of Azerbaijan’s oil company SOCAR Rovnag Abdullayev took part in the opening of a gas distribution network in Girikhli village of Marneuli region in Georgia.

06 September 2016 , 10:12Neftegaz.RU5580

BP and CNPC sign 2nd shale gas production sharing contract

Oil major BP Plc reported that it had signed a 2nd shale gas production sharing contract with China National Petroleum Corp (CNPC).

01 September 2016 , 14:09Neftegaz.RU5570

Natural gas for the new plant in Turkmenistan

On 304 km of the gas pipeline «East-West» began laying pipes for construction in Ovadandepe the largest in the Asian region plant for the production of gasoline from natural gas.

31 August 2016 , 18:10Neftegaz.RU8280

Record income for Tamar partnership

The Tamar partnership ended the 1st six months of 2016 with new production and financial records.

26 August 2016 , 12:14Ya'acov ZalelNeftegaz.RU5410

China has become the North Sea’s biggest operator, unperturbed by low oil prices

The stake held by Chinese state-run firms in the region has ballooned to the extent that they got £2billion in tax breaks from the UK Government last year.

24 August 2016 , 16:20Mark LammeyNeftegaz.RU5420

Iran readies oil deals with Russia and China

As much as 150,000 barrels per day (bpd) could be swapped under an exchange deal said to be close to readiness between Iran and Russia, benefiting customers in the Persian Gulf and further cementing the Islamic republic's comeback on the international stage.

24 August 2016 , 12:10Neftegaz.RU6400

China to become world's 2nd largest shale gas producer by 2040

China is expected to produce over 20 billion cubic feet of shale gas per day (Bcf/d) by 2040, becoming the world's second largest producer after the United States.

18 August 2016 , 14:15Neftegaz.RU6460

Gazprom and Iran´s NIGC discussing gas project

Russian energy giant Gazprom is holding talks with the National Iranian Gas Company (NIGC) over an agreement to develop a gas field in Iran.

16 August 2016 , 14:16Neftegaz.RU5540

Poland opts iranian oil over Russia Urals

Polands Grupa Lotos bought 2 mln barrels of crude from Iran in a one-off purchase in late June, a first post-sanction cargo of Iranian oil for Poland as the major OPEC producer continues to claw back market share around the world.

15 August 2016 , 18:12Neftegaz.RU10160

After a 4-year break Israel reopens offshore areas to new gas exploration

The Petroleum Council  Israel´s Ministry of National Infrastructures, Energy and Water Resources approved the reopening of economic waters to new oil and gas exploration.

12 August 2016 , 12:07Neftegaz.RU5500

Eulogio Del Pino: Venezuela and China consolidates a perfect integration

President of Petroleos de Venezuela (PDVSA), Eulogio Del Pino, highlighted the importance of China-Venezuela bilateral relations to guarantee the growth and expansion of hydrocarbon business at Orinoco Oil Belt.

11 August 2016 , 16:18Neftegaz.RU8390

Bulgaria´s Prime Minister Borisov hopes for quick solutions for the South Stream project

Bulgaria’s Prime Minister Boyko Borisov and Vladimir Putin discussed via phone the creation of working groups to review joint energy projects.

08 August 2016 , 14:12Neftegaz.RU5380

Russia’s energy giant Zarubezhneft to help Iran to increase oilfields recovery rate

NIOC and Zarubezhneft are in negotiations over boosting extraction from two Iranian oilfields, said  NIOC´s Deputy Head G. Manouchehri.

05 August 2016 , 12:11Neftegaz.RU7950

Iran plans to increase gas exports to 200 million cubic meters per day (mcm/d)

Oil Minister Bijan Namdar Zanganeh said, that Iran plans to boost gas exports to 200mcm/d.

02 August 2016 , 16:49Neftegaz.RU7510

Igor Sechin: Rosneft will extract gas offshore and build LNG plant in Venezuela

Rosneft and Venezuela's PDVSA have signed deals, including on offshore gas development and oil products trading.

01 August 2016 , 12:26Neftegaz.RU7310

Petronas shows in Azerbaijan an interest to Trans-Caspian gas pipeline

The export of Turkmen gas to Europe via Azerbaijan was on the agenda during a July 27, 2016, meeting in Baku.

29 July 2016 , 11:49Kama MustafayevaNeftegaz.RU8350

Iran exceeds crude production to 320 thousand bpd from South Azadegan oil field in 2 years

Iran will be producing 320000 barrels of crude oil from the first phase of South Azadegan oil field develop plan in next two year.

26 July 2016 , 12:07Neftegaz.RU5620

Golar and Schlumberger Form OneLNG Joint Venture

Golar LNG Limited and Schlumberger announced the creation of OneLNG℠, a joint venture to rapidly develop low cost gas reserves to LNG.

26 July 2016 , 09:58Neftegaz.RU4410

Chevron inks LNG supply deal with China's JOVO Group

Chevron USA has signed an agreement to deliver liquefied natural gas (LNG) to Singapore Carbon Hydrogen Energy’s subsidiary Jovo.

21 July 2016 , 17:02Neftegaz.RU5790

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