News // Oil and gas worldwide
Norway’s economy has started to recover from the blow dealt by the oil price slump, but things are improving slowly.
10 February 2017 , 16:10Neftegaz.RU9440
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.RU10140
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.RU10000
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.RU22020
UAE will invite Indian firms for upstream oil and gas investments, giving the energy-deficient country a rare chance to be involved in the hydrocarbon sector of the oil-rich region that accounts for most of its energy imports.
31 January 2017 , 10:08Neftegaz.RU9430
Resource-rich Azerbaijan plans to produce more gas and less oil in 2017.
26 January 2017 , 10:06Neftegaz.RU10740
Iran will begin on Tuesday the operation of a pipeline supplying natural gas to Iraq, Iran’s oil minister said Saturday.
23 January 2017 , 13:00Neftegaz.RU9670
CNOOC is aiming to cut production by 3.4 to 5.5 % this year, the 2nd annual decline in a row after 15 years of impressive growth, despite planning a rebound in project spending.
20 January 2017 , 12:11Neftegaz.RU9250
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.RU9310
Exxon Mobil is buying about 275,000 acres in the booming Permian Basin oil fields from the Bass family for $5.6 billion in stock and $1 billion in contingent cash payouts.
18 January 2017 , 12:06Neftegaz.RU9490
Oil consumption in India is expected to 7-8 % this year, outpacing China's demand growth for the 3rd consecutive year, as impact of demonetisation is likely to be short-lived.
16 January 2017 , 17:37Neftegaz.RU10300
More than 7 million barrels of crude oil have been produced safely from the Kashagan oil field in Kazakhstan since September 2016, the operator said.
16 January 2017 , 10:37Neftegaz.RU10970
Malta’s first LNG cargo, supplied by Azerbaijan's state Socar, was delivered January 11 aboard the tanker Galea.
13 January 2017 , 12:13Neftegaz.RU10790
Argentina has clinched a deal with labour unions and energy companies aimed at luring investors to the Vaca Muerta formation in Patagonia, one of the largest shale reserves in the world.
11 January 2017 , 14:17Neftegaz.RU10120
Wood Group has secured a 5-year multi-million dollar framework agreement with Saudi Aramco to continue providing engineering and project management services to its onshore capital programmes in the Kingdom of Saudi Arabia.
11 January 2017 , 10:11Neftegaz.RU9150
Petrofac has been awarded a $600 mдт (€569 mдт) contract for an extraction project in southern Oman.
09 January 2017 , 13:00Neftegaz.RU10300
Venezuelan President Nicolas Maduro replaced Eulogio del Pino as head of the Oil Ministry in the latest attempt to get the long-suffering country back on its feet.
06 January 2017 , 10:05Neftegaz.RU9030
Belarus reduced export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union (EEU) on 1 January 2017.
04 January 2017 , 10:12Neftegaz.RU11080
Venezuela, the OPEC member, whose economy has all but collapsed under the cartel's pre-cutback production frenzy that decimated crude prices, says it will reduce output by 95,000 barrels per day (bpd) in the New Year.
29 December 2016 , 18:09Neftegaz.RU10820
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholam-Hossein Shafeie says Iran's gas can be exported to Europe via Georgia and the Black Sea in the near future.
26 December 2016 , 15:00Neftegaz.RU13260