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News // News worldwide

Latvia's gas grid is unbundled

Shareholders in Latvian gas utility, Latvijas Gaze, voted to hive off its infrastructure as a separate company in conformity with EU rules.

23 December 2016 , 18:23Neftegaz.RU7420

Iran to participate in Kazakhstan’s renewable energy projects

Iran is going to participate in construction of renewable energy plants in Kazakhstan and the 2 countries are expected to sign a memorandum of understanding in this regard.

13 December 2016 , 16:21Neftegaz.RU5370

BP gives go-ahead for Mad Dog 2 project after slashing costs

BP has sanctioned phase two of its Mad Dog project in the Gulf of Mexico after more than halving costs.

02 December 2016 , 10:03Neftegaz.Ru6070

India to invest $20 bln in deepwater fields

India is to invest $20 billion in gas fields in the next 5 to 7 years, according to its oil minister Dharmendra Pradhan.

01 December 2016 , 16:55Neftegaz.RU6770

Saudi Aramco's novel technology to help find new oil fields

Saudi Aramco's Exploration and Petroleum Engineering Center achieved the industry's first trillion cell reservoir simulation run recently.

25 November 2016 , 13:00Neftegaz.RU8670

Kazakhstan's energy minister: The Kashagan oil field starts commercial output

Kazakhstan's Kashagan reaches commercial output, announced Minister of Energy Kanat Bozumbayev.

22 November 2016 , 12:07Neftegaz.RU6170

Shell to invest $10 billion in Brazil

Shell plans to invest $10 billion in the South American nation over the next five years, Wael Sawan, the company’s executive vice president for deep water, said in an interview this week.

11 November 2016 , 14:04Neftegaz.RU11540

Iran eying for more foreign oil contracts after Total deal

Iran is hoping to secure more overseas investment after a consortium led by France’s Total signed a $4.8bn deal to develop part of the giant South Pars gasfield, Irans deputy oil minister for international affairs said.

10 November 2016 , 12:06Neftegaz.RU6870

Iran to link Turkmenistan and Azerbaijan with gas market

Gas swap has been revived with contribution of the private sector and Iran will from now on, serve as a link for Turkmenistan and Azerbaijan and the gas zone.

09 November 2016 , 12:09Neftegaz.RU5970

Total boss happy to be first to do Iran deal

Total boss Patrick Pouyanne has said the firm would be happy to be the first Western oil company to reach an agreement with Iran.

08 November 2016 , 16:01Neftegaz.RU5850

Shell keen on returning to Iran energy sector

Iran's National Petrochemical Company and Shell signed a letter of intent for starting studies for carrying out petrochemical projects in Iran.

12 October 2016 , 12:23Neftegaz.RU5890

Pakistan and Russia agree to negotiate over 600MW gas fired power plant

Pakistan invited the Russian Federation to join CASA-1000 for transmission of electricity to Pakistan from October to April.

06 October 2016 , 16:01Neftegaz.RU5310

Del Pino: Venezuela will be the largest gas producer in Latin America

The President of PDVSA, Eulogio Del Pino, said that Venezuela will be the largest exporter of gas in Latin America.

05 October 2016 , 11:02Neftegaz.RU6900

Statoil's Statfjord hits 5 billion barrels of oil equivalent

Norway’s Minister of Petroleum and Energy, Tord Lien, marked the milestone of 5 billion barrels of oil equivalent (Bboe) delivered from Statfjord Field since first oil was hit in 1979.

20 September 2016 , 10:08Neftegaz.RU6040

North Azadegan oilfield’s crude exports in Iran hit 8 mln barrels

Iran has exported about 8 million barrels of crude oil from North Azadegan oilfield since the beginning of the current Iranian calendar year (March 20, 2016).

15 September 2016 , 15:38Neftegaz.RU8450

84 oil and gas discoveries made in Pakistan during last 3 years

Pakistan´s Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi reported that 84 oil and gas discoveries were made in the country during the last 3 years.

09 September 2016 , 12:14Neftegaz.RU5970

Shell discovers new 500 billion cubic feet gas block in Egypt

Shell announced new natural gas discoveries in a concession area of north Alam El-Shawish in Egypt's western desert.

01 September 2016 , 18:17Neftegaz.RU10590

Schlumberger and TGS to start undertaking acquisition surveys covering 306 blocks in the Gulf of Mexico

Schlumberger and TGS-NOPEC Geophysical Company (TGS) announced new dual coil shooting full-azimuth multiclient acquisition in U.S. Gulf of Mexico.

04 August 2016 , 18:34Neftegaz.RU3830

Total has put on stream the Incahuasi gas and condensate field in Bolivia

French oil major Total has started production at the Incahuasi gas and condensate field in Bolivia, bringing on stream 50,000 barrels of oil equivalent per day.

03 August 2016 , 11:59Neftegaz.RU6400

Japan to invest $10 billion in Iran

Irans deputy minister of petroleum for commerce and international affairs called on Japan to move faster on rolling out a credit package worth $10 billion for investment in Iran.

01 August 2016 , 16:05Neftegaz.RU5050

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