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News // Markets & Stocks

PDVSA to start using El Petro next week

PDVSA will start using the local cryptocurrency El Petro for all its transactions on August 20.

15 August 2018 , 16:08Irina SlavNeftegaz.RU4060

Far East Russian ESPO Blend crude premium falls to 1-year low on weak demand

Poor buying interest for the Far East Russian crude grade, ESPO Blend, is continuing to exert pressure on its premiumsю

15 August 2018 , 14:07Neftegaz.RU3630

Russia cites trade wars as a negative factor for oil prices

A report from the Russian Ministry of Energy attributed a recent slump in the price of crude oil.

03 August 2018 , 16:08Daniel J. GraeberNeftegaz.RU3470

Iran Energy Exchange ready to offer crude oil

The condition is prepared for offering crude oil in Iran Energy Exchange (IRENEX).

23 July 2018 , 13:00Neftegaz.RU4210

Reliance crossed the $100 bln market capitalisation mark for the 1st time in the last 10 years

Shares of Reliance jumped sharply, helping its market capitalisation touch $100 billion.

13 July 2018 , 10:11Neftegaz.RU3560

Eni made second oil discovery in the Faghur Basin in Egyptian Western Desert

Eni made second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa.

09 July 2018 , 14:30Neftegaz.RU3190

Lukoil overtook state-owned Gazprom and Rosneft in terms of capitalisation

Lukoil is now worth more than other state giants in oil and gas.

29 March 2018 , 16:07Neftegaz.RU4610

China launched its 1st ever yuan-denominated oil futures contract

China has launched its 1st ever oil futures contracts denominated in the local currency.

26 March 2018 , 13:00Neftegaz.RU3980

Vagit Alekperov: «I am confident that Lukoil shares are significantly undervalued»

Today LUKOIL hosted an Investor Day in London.

23 March 2018 , 18:00Neftegaz.RU5820

Moody's lifts Russia rating outlook to positive

Moody's raised the outlook on Russia's sovereign ratings to 'positive'.

26 January 2018 , 16:08Neftegaz.RU8100

Brent oil price tops $71 a barrel for the 1st time since 2014

Brent oil price rose to $71 a barrel.

25 January 2018 , 16:08Neftegaz.RU3550

World Bank to stop financing upstream oil & gas after 2019

World Bank announced it will stop the financing of oil and gas exploration and extraction.

13 December 2017 , 10:12Neftegaz.RU5680

Russia's Gazprom topples US ExxonMobil as the world's leading energy company

Gazprom has replaced ExxonMobil at the summit of S&P Global Platts’ top 250 global energy company rankings.

26 September 2017 , 10:11Neftegaz.RU7520

Saudis said to prepare for possible Aramco IPO delay to 2019

Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company.

14 September 2017 , 18:00Neftegaz.RU6580

Gazprom Neft successfully completes RUB 15 bln placement of exchange-traded bonds

Gazprom Neft successfully completed the placement of its series 001P-02R exchange-traded bonds.

09 August 2017 , 14:10Neftegaz.RU5230

Credit Suisse predicts sub-$60 oil until 2020

Credit Suisse believes crude oil will not reach above $60 per barrel before 2020.

25 July 2017 , 12:12Neftegaz.RU4130

Tatneft was assigned ruAAA credit rating by RAEX

RAEX (Expert RA) credit rating agency assigned Tatneft a nonfinancial company creditworthiness rating of ruAAA.

19 July 2017 , 14:06Neftegaz.RU5890

Gazprom Neft assigned its 1st rating - of AAA (RU) outlook Stable - from ratings agency ACRA

ACRA has assigned a rating of AAA to Gazprom Neft - a credit rating assigned according to the national scale for Russia.

14 July 2017 , 10:12Neftegaz.RU5810

New tax regime to boost Saudi Aramco IPO value

Saudi Arabia approved a new tax regime for oil and natural gas producers in the Kingdom.

29 March 2017 , 12:10Neftegaz.RU6300

Gazprom to seek 1st Eurobond issue since sanctions

Gazprom hired banks to set up investor meetings in the U.S. to test the market for a possible U.S.-dollar denominated Eurobond issue, which would be the 1st since the U.S. and the EU slapped sanctions.

09 March 2017 , 12:14Neftegaz.RU7480

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