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date: 2014-06-04 11:07:57

Gazprom with its partners will still build the South Stream, despite negative comments on the project of European Commissioner for Energy G.Ettinger. This Miller told for Russian TV channel.


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date: 2014-05-27 10:40:49

Reducing the supply of Russian gas may reduce the competitiveness of European industry, said the head of long-term contracts of Czech energy company CEZ AS D.Viduna.

"At the moment it is too expensive and will reduce the competitiveness of European industry, if at all technically possible" - said D.Viduna.


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date: 2014-05-27 10:37:05

Turkey began selling Kurdish oil stored in Ceyhan, on the world market, said Turkish Energy Minister Yildiz.

Yildiz said this on the sidelines of a regional conference Sustainable Energy Development.

Role of the private sector, organized by the Islamic Development Bank and the UN Development Programme.

Pipeline from northern Iraq to Turkey, was built at the end of 2013, and oil flowing through it since then pumped into storage tanks Ceyhan.


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date: 2014-05-27 10:33:26

Nord Stream demonstrates high efficiency direct gas supplies to Europe

May 22, 2014 SPIEF 2014 meeting of the Deputy Chairman of the Gazprom A.Medvedeva and Chairman of the Board, President H.Fennem Gasunie.

The parties discussed the current status and prospects of cooperation to develop joint activities in areas such as LNG, gas fuel, energy efficiency and innovative technology.


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date: 2014-05-27 10:29:59

Gazprom plans in December 2014 - January 2015 to conclude contracts for the supply of pipes and lining the third and fourth thread of the offshore section of the South Stream IHL. On this May 23, 2014, said Mr. CEO South Stream Transport O.Aksyutin.

"Contacts will conclude in December and January," - he said on the sidelines of the 2014 PES.


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date: 2014-05-27 10:27:59

V.Putin: Foreign investors in the field of exploration get priority in their development

Companies investing in mineral exploration in Russia, may receive a preferential right to a license for production, but this issue should be decided by the government.


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date: 2014-05-22 11:27:26

Formula of gas prices for China formed by analogy with gas for Europe.

Such statement, after signing the contract between Gazprom and CNPC May 21, made Russian President Vladimir Putin .

"The price formula as well as in our other contracts tied to the market price for crude oil and petroleum products" - Putin said.


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date: 2014-05-22 11:23:54

Gazprom and CNPC agreed to supply gas to China for 30 years for 400 billion U.S. dollars. Gazprom's shares rose sharply

Deliveries will be made on the eastern route for 30 years.

It is about a 30-year contract to supply up to 38 billion m3 of gas per year.

The total cost of the 30-year contract for the supply of Russian gas to China is 400 billion U.S. dollars.


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date: 2014-05-22 11:20:03

Omsk sity becomes a starting point of sending hydrocarbons from Russia to China.

Through the pipeline of Omsk will de passed 7 million ton of oil.

November 11, 2013 Mr. Rosneft, KazMunaiGas and Kaztransoil signed a preliminary contract of oil transportation through the territory of Kazakhstan.

Energy Minister A.Novak then stated that "the so-called swap scheme, we are talking about transit."


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date: 2014-05-22 11:16:58

4 Russian companies, including Rosneft, wants to buy a blocking stake in Grodno Nitrogen. On this May 21, 2014, said Mr. 1st Vice-Premier of Belarus Vladimir Semashko.

Previously, we reported that Rosneft is interested in supplying gas to GrodnoAzot, but talk of buying - no.

Then the head of Rosneft's Sechin said that gas supplies could be up to 2 billion m3 / year.


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date: 2014-05-22 11:14:11

Tamanneftegas M.Litvaks decided to strengthen its position in the region has doubled its capacity Taman port for transshipment of oil and liquefied petroleum gas (LPG) and build three new terminal - dry goods, grain and fertilizers.


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date: 2014-05-19 10:42:29

The head of Vitol urged Brent expand cart of Brent

The head of Vitol I.Teylor (proposed to expand the basket Brent, since this oil becomes less effective as the international benchmark of oil by a decline in raw material reserves in the North Sea and growth in exports to the Asia-Pacific region.

"We are faced with a big problem for the industry, and it should be solved", - he said.


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date: 2014-05-19 10:39:28

SOCAR commissions Refurbished well on Guneshli

SOCAR commissions after workover in the shallow part of Guneshli field in the Azerbaijani sector of the Caspian Sea.

The well, located on the platform Gunashli-15 was included in the operational fund with daily debit of 180 thousand m3 of gas and 75 tons of oil.


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date: 2014-05-19 10:34:15

Iran began talks with Kazakhstan and Turkmenistan to resume deliveries of crude oil swap

Deputy Oil Minister on international affairs A.Madzhedi reported that after almost four years after the termination of swap supplies of crude oil from the Caspian states through Iran, Iran began negotiations with the countries of Central Asia, particularly Kazakhstan, on the resumption of supplies.

Besides Kazakhstan same talks held with Turkmenistan, which has declared its readiness to resume oil trade with Iran.


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date: 2014-05-19 10:31:16

Medvedev: The Government expects that oil prices will remain stable

The Russian government is counting on stable oil prices.

Such a statement, Prime Minister Dmitry Medvedev made on May 15 at a government meeting, where we consider the forecast of socio-economic development of the Russian Federation for 2014-2017


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date: 2014-05-19 10:25:13

Saudi Arabia calmly refers to the possible export of oil from the U.S.

Saudi Oil Minister Abdurrahman Al-Nuaimi said on Thursday that the possible lifting of the ban on oil exports from the United States would not lead to oversupply, because such excess will be offset by growth in demand.

"We will be very glad if different suppliers will increase the volume of production and enter international markets. Note the total annual oil consumption is more than 30 billion barrels "- Abdurrahman Al-Nuaimi said at an energy summit in Moscow.


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date: 2014-05-16 11:34:53

Shareholders agreed PetroNeft sale Oil India 50% Stimulus-T

May 9, 2014 PetroNeft Swedish shareholders at an extraordinary meeting decided that kompaniyaprodast Indian Oil India 50% mining "daughter" Stimulus-T.

"It was very important for PetroNeft day. The Board of Directors proposed a strategy the next phase of development of the company, which was supported by most of the shareholders. Of the approximately 850 shareholders of more than 810 supported the recommendations of the Board ", - said chairman D.Golder.


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date: 2014-05-16 11:28:39

LUKOIL will drill eight wells in the field Karakuduk

Karakudukmunai intends to drill eight wells on Karakuduk field.

The deposit is located 365 km away from Aktau.


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date: 2014-05-16 11:25:23

G.Ettinger skeptical about the chances of energy union

EU Energy Commissioner G.Ettinger skeptical about the chances of establishment within the EU energy union.

"Creating a body that would completely took over negotiating rights, looks complicated from a legal and political point of view. Politically set one price at I will not "- he said.


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date: 2014-05-16 11:22:24

U.S. urges Russia and Ukraine agree on gas supplies

According to the State Department M.Harf U.S. hopes that at the next round of negotiations to reach agreement on gas prices and transit.


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date: 2014-05-16 11:19:12

May 15, 2014 world prices for WTI oil decreased in the course of trading on a background of mixed economic statistical data from the United States and the growth of oil reserves in the country last week, while Brent oil rose in price after the increase forecast for world oil demand in 2014.


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date: 2014-05-15 15:33:39

Named the world's number of active oil and gas rigs.


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date: 2014-05-15 15:28:54

U.S. crude inventories rose last week by 3.5 million barrels to 397.7 million.


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date: 2014-05-15 15:26:23

Iranian Deputy Oil Minister for Planning M.Moazzami, speaking last week at a seminar, told about 2-fold increase in the volume of exports of crude oil and gas condensate from the moment of arrival of a new government in the country and stressed that at the moment the average export comes to 1.4 million barrels / day of oil and gas condensates.


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date: 2014-05-15 15:22:56

Ukraine has begun export its oil. First time in 6 years. Ambitious but – few.

On large export volumes can not speak, because Ukraine's refineries are experiencing a chronic shortage of oil.

Nevertheless, a small oil exports safely start some oil loading company registered in Chernihiv region...


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