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Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Oil and gas worldwide

Venezuela´s oil output heads to 28-year low

Venezuela’s oil output dropped to its lowest level.

15 November 2017 , 10:11Neftegaz.RU6390

Focus on Greece: the Energy Union tour

The Energy Union is the EU's strategy to ensure that European citizens have access to secure energy.

10 November 2017 , 12:08Neftegaz.RU6720

Mexico´s Pemex announced biggest onshore oil discovery in 15 years

Enrique Pena Nieto announced that Pemex had made the country's biggest onshore oil discovery in 15 years.

07 November 2017 , 12:12Neftegaz.RU6450

Iran braces for cooperation with Azerbaijan in Caspian oil exploration

Rouhani voiced Iran's readiness to cooperate with Azerbaijan in carrying out oil exploration projects in the Caspian Sea.

02 November 2017 , 10:09Neftegaz.RU8110

Argentina’s YPF unveils ambitious $30 billion 5-year investment plan

YPF announced plans to invest more than $30bn over the next 5 years.

27 October 2017 , 10:10Neftegaz.RU8370

Uzbekistan joins list of Iran’s oil clients

Iran is studying a request by Uzbekistan to export crude oil to the Central Asian country.

23 October 2017 , 17:25Neftegaz.RU14070

Kazakhstanis fume over fuel shortage

Soaring prices, long lines and disrupted traffic are common sights these days in Central Asia’s major oil producer.

19 October 2017 , 16:07Neftegaz.RU8060

Bulgaria-Serbia gas link highly important for W. Balkans

Serbia's PM Ana Brnabic said the construction of a gas link with Bulgaria and a motorway linking the city of Nis with Albanian capital Tirana are of utmost importance.

13 October 2017 , 12:11Neftegaz.RU9810

Serbia can start gas imports via Turkish Stream in 2019

Erdogan has said Serbia can start imports of natural gas through the Turkish Stream pipeline in 2019.

12 October 2017 , 10:11Neftegaz.RU14040

Armenia wants more gas from Iran

Iranian 1st Vice-President Jahangiri said Yerevan has signaled keenness to buy more gas from Iran.

10 October 2017 , 12:08Neftegaz.RU7780

Libya’s Sharara oil field closed again, 230 000 bpd output offline

Less than a month after Libya’s giant oil field Sharara returned to pump oil following a 2 -week disruption, Sharara closed again on Sunday evening.

03 October 2017 , 13:30Neftegaz.RU10980

September, oil was the month of the rise: what to expect in October

September 2017 was a historic month for the global crude oil market. West Texas rose to $52 and Brent rose to $58 as financial markets finally accepted that Saudi Arabia has been successful in brokering high compliance rates with last year's Opec and Russia output cut deals.

02 October 2017 , 03:14Matein KhalidNeftegaz.RU12730

South Korea looks for new oil supplier in Canada

South Korea’s refiner Hyundai Oilbank seeks to diversify its crude oil sources and is looking to buy Canadian oil for the 1st time.

28 September 2017 , 16:00Neftegaz.RU9940

Iran to launch $1 bln refinery in Syria

Iran's Research Center of Petroleum Industry (RIPI) is to launch a refinery in Syria.

27 September 2017 , 15:26Neftegaz.RU13740

Lukoil commissions new facilities at Gissar project in Uzbekistan

Lukoil has commissioned new operational facilities at South-West Gissar project in Uzbekistan.

25 September 2017 , 17:22Neftegaz.RU20040

Shah Deniz-2 is making good progress towards full completion on schedule, below the planned budget

BP said that the 2nd topsides unit for its Shah Deniz Stage 2 project has been installed in the Caspian Sea.

22 September 2017 , 14:06Neftegaz.RU12460

Bulgargaz proposes 7.3% cut in wholesale gas price in Q4

Bulgargaz said it is proposing a 7.29% decrease of the wholesale price of natural gas in the 4th quarter.

11 September 2017 , 15:21Neftegaz.RU6760

The Shah Deniz consortium launched Khankendi

The Shah Deniz consortium launched Khankendi for the giant Shah Deniz 2 project in the Caspian Sea.

07 September 2017 , 10:10Neftegaz.Ru9130

Angola LNG signed deal with Vitol

Angola LNG said it has entered into a multi-year LNG sales agreement with Vitol.

05 September 2017 , 13:00Neftegaz.RU6930

Kuwait says oil shipments to China stable

Though overall Chinese imports of crude oil jumped more than 10 %, OPEC-member Kuwait said its exports to the 2nd-largest economy remained stable.

28 August 2017 , 10:28Neftegaz.RU6310