News // Economy
Australia can no longer bank on its massive pipeline of committed liquefied natural gas (LNG), gas and petroleum projects, worth $204 billion (AUD 195 billion), to shield the country from the global economic downturn amid cost pressures brought on by factors such as skilled labor shortages and a strong local currency.
29 November 2012 , 10:27Neftegaz.RU12790
Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, has published its unaudited consolidated financial results for the third quarter of 2012 and the nine months ended September 30, 2012 prepared in accordance with International Financial Reporting Standards (IFRS).
20 November 2012 , 10:40Neftegaz.RU11420
Total announces that it has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash (subject to post-closing adjustments). The agreement is subject to approval by the Nigerian authorities.
20 November 2012 , 10:36Neftegaz.RU22320
NOVATEK hereby announces that today independent broker has begun to execute purchases of ordinary shares of NOVATEK (the “Shares”) and Global Depositary Receipts representing Shares (the “GDRs”, each GDR representing 10 Shares) on the open market pursuant to the share buyback program (“Program”) approved by the Company’s Board of Directors and announced on 7 June 2012.
19 November 2012 , 09:53Neftegaz.RU11820
06 November 2012 , 21:37Neftegaz.RU11740
Moody’s Investors Services has upgraded its baseline credit assessment of Saudi Basic Industries Corporation (SABIC) due to its “sustained improvement in operating performance and financial metrics”.
06 November 2012 , 10:05Neftegaz.RU10950
Indonesia’s Ministry of Energy and Mineral Resources and oil and gas executive agency BPMIGAS have approved in principle the Plan of Further Development (POFD) for the expansion of the BP-operated Tangguh liquefied natural gas (LNG) project in Papua Barat province in eastern Indonesia.
02 November 2012 , 09:48Neftegaz.RU11510
Total announces its interim dividend for the third quarter 2012
01 November 2012 , 09:50Neftegaz.RU9770
Pieridae Energy Canada announced last week that it will develop a liquefied natural gas (LNG) export facility in Goldboro, Nova Scotia, Canada.
31 October 2012 , 10:14Neftegaz.RU10970
National Oilwell Varco, Inc. announced revenue of $5.32 billion at the end of the third quarter, a 12% sequential increase or a 42% increase year-on-year.
30 October 2012 , 09:44Neftegaz.RU9120
BP has seen no evidence from a recent oil sheen that indicates the integrity of the Macondo well has been comprised, the company said in a response about a U.S.
12 October 2012 , 09:29Neftegaz.RU13120
San Ramon, Calif., October 9, 2012 – Chevron Corporation today reported in its interim update that earnings for the third quarter 2012 are expected to be substantially lower than second quarter 2012.
10 October 2012 , 10:07Neftegaz.RU11960
Figures Demonstrating Results of Our Operations in September and for Nine Months of 2012
09 October 2012 , 10:08Neftegaz.RU12770
The Russian government is extending tax breaks for new oilfields in East Siberia in order to compensate for the production decline in West Siberia, the Novosti news agency reported today.
26 September 2012 , 09:32Neftegaz.RU12550
RusHydro announces the agenda of the Board of Directors of RusHydro to be held in absentia on September 20, 2012.
20 September 2012 , 09:38Neftegaz.RU10090
India will entirely pay its oil debts to Iran by the end of August, S. Qamsari - the National Iranian Oil Company director for international affairs announced in Tehran on Saturday.
21 August 2011 , 12:22Neftegaz.RU15450
Russia and the European Union will sign a document next week on Russia's accession to the World Trade Organization (WTO), following the results of bilateral negotiations on the issue, EU delegation to Russia head Fernando Valenzuela said on Monday
30 November 2010 , 11:26RIA Novosti14620
European and IMF officials will start thrashing out the details of a three-year bailout package for Ireland on Monday while the government puts the finishing touches to a 15 billion euro ($20.5 billion) austerity plan
22 November 2010 , 09:41Reuters15000
The remaining issues hampering Russia's accession to the World Trade Organization should be resolved quickly, and without creating obstacles to businesses, Russian President Dmitry Medvedev said on Monday
16 November 2010 , 12:24RIA Novosti14940
Group of 20 leaders endorsed gradual changes in currency values and agreed to develop early-warning indicators to monitor policies that exacerbate trade imbalances and threaten to disrupt the global economy, officials said
12 November 2010 , 08:34Bloomberg12800