News // Oil and gas worldwide
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.RU7460
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.RU6790
Petrofac has been awarded a $600 mдт (€569 mдт) contract for an extraction project in southern Oman.
09 January 2017 , 13:00Neftegaz.RU7810
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.RU7350
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.RU8850
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.RU9010
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.RU9660
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.RU6550
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.RU11130
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.RU10830
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.RU6630
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.RU7650
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.RU5670
Chinese Sinopec said that China Life Insurance and a unit of State Development & Investment Corp. will pick up 50% stake in the Sichuan to East China gas pipeline for $3.3 bln.
13 December 2016 , 14:21Neftegaz.RU6230
French energy company Engie said it renegotiated its long-term supply contract with one of the leading natural gas suppliers to the European market.
02 December 2016 , 18:00Neftegaz.RU7700
Leviathan Partnership has signed another gas sales contract, taking it nearer a final investment decision on the Leviathan gas field.
01 December 2016 , 14:21Neftegaz.RU7090
Israel-based Delek Group and Avner Oil Exploration will receive up to $1.75 bln in financing to fund its share in the development of the Leviathan natural gas field in Mediterranean Sea, Israel.
29 November 2016 , 15:39Neftegaz.RU7240
Iranian NISOC and Schlumberger signed a memorandum of understanding (MOU) to carry out preliminary studies over 3 oilfields in southwestern Khuzestan province in Iran.
29 November 2016 , 13:01Neftegaz.RU6450
The world is eyeing India as it is the new engine of global growth, oil minister Dharmendra Pradhan said, while laying out future roadmap for the country’s oil industry in a globalised environment.
25 November 2016 , 15:01Neftegaz.RU6390
Azerbaijan's state statistical committee reports that in Jan-Sep 2016 the amount of gas lost in onshore pipes was 3.3% (525mn m³), down from 4.4% (735mn m³) in 3-Qs of 2015.
24 November 2016 , 12:07Neftegaz.RU5780