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The Trans-Adriatic Pipeline is a key element of Azerbaijan’s efforts to export its greatest source of wealth, its Caspian Sea natural gas deposits, to European markets. It is also a cornerstone of the European Union’s strategy to weaken Russia’s hold on European gas markets.
27 February 2017 , 00:03Neftegaz.RU0
The head of Qatar Petroleum has shrugged off fears that any potential protectionist policies pursued by US President Trump would impact on global oil and gas markets.
08 February 2017 , 14:10Neftegaz.RU0
Angela Merkel travelled to Warsaw to meet with Polish leaders, including Prime Minister Beata Szydlo.
08 February 2017 , 12:08Neftegaz.RU0
Oil prices edged up on news that Donald Trump could be set to impose new sanctions on multiple Iranian entities, raising geopolitical tensions between the 2 nations.
07 February 2017 , 14:11Neftegaz.RU0
The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved in anti-fracking campaigning. Some authors interpreted this involvement as a propaganda effort, while others claimed the Kremlin was financially backing anti-fracking groups in the U.S., without, however, providing any evidence for this claim.
06 February 2017 , 00:06Neftegaz.RU0
US shale gas is being used for the 1st time to generate power just a few miles from the border with hardline communist North Korea.
03 February 2017 , 14:10Neftegaz.RU0
Russian oil company Gazprom Neft said its production from a field in Arctic waters more than doubled from levels reported in 2015.
30 January 2017 , 15:31Neftegaz.RU0
Baker Hughes reported it lost $417 million during the final quarter of 2016 as it preps for its merger with General Electric this coming spring.
27 January 2017 , 10:06Neftegaz.RU0
Trump has reiterated his vow to make America energy independent by releasing an America 1st Energy Plan whose highlights include taking advantage of the country's estimated $50 trln in untapped shale, oil, and natural gas reserves.
25 January 2017 , 12:11Neftegaz.RU0
A new subsea production system at one of BP’s major oil fields in the Gulf of Mexico has begun collecting crude from a prolific new well.
24 January 2017 , 15:04Neftegaz.RU0
Shares of Halliburton fell slightly in pre-market trading after the company cautioned on international weakness in its business, but posted better-than-expected earnings for the fiscal 4th quarter.
24 January 2017 , 13:01Neftegaz.RU0
Russia lowered its oil output in the wake of a landmark deal struck in November by the OPEC to spur prices through reduced production.
23 January 2017 , 10:37Neftegaz.RU0
Prirazlomnoye is the 1st Russian Arctic oil project, and this year, output is seen at 2.6 million tons of crude, or 19.06 million barrels, despite a 3-month technical maintenance shutdown of the same-name platform during the summer.
23 January 2017 , 00:05Neftegaz.RU0
Chinese export credit agency Sinosure has opened a $1.3 billion line of credit for the upgrade of an Iranian oil refinery.
19 January 2017 , 14:03Neftegaz.RU0
South Korea’s imports of oil from Iran last December soared about 8 times greater than a year ago.
17 January 2017 , 14:07Neftegaz.RU0
Oilfield service provider Halliburton has signed a technology cooperation agreement with Brazilian oil company Petrobras for advanced collaboration in deepwater pre-salt and mature fields.
12 January 2017 , 16:04Neftegaz.RU0
The U.S. Energy Information Administration (EIA) said it expects higher crude oil prices this year, according to its Short-Term Energy Outlook report for January.
12 January 2017 , 10:07Neftegaz.RU0
A breakthrough in international strategy and the election of ExxonMobil CEO Tillerson as U.S. Secretary of State could stand to benefit Rosneft and Russia significantly.
26 December 2016 , 14:23Neftegaz.RU0
U.S. President Obama formally blocked offshore oil and gas drilling in most of the Arctic Ocean, answering a call from environmentalists who say the government needs to do more to prevent drilling in environmentally sensitive areas of U.S.-controlled oceans.
21 December 2016 , 16:12Neftegaz.RU0
Two giants in the industrial gas industry closed on a deal to create a mega company with a combined market value of $66.6 billion.
21 December 2016 , 10:07Neftegaz.RU0