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News // News worldwide

Fitch: LNG market getting crowded, notably for Russia

The markets for LNG will likely be oversupplied over the next few years.

25 December 2017 , 17:30Daniel J. GraeberNeftegaz.RU8100

INEA, GAZ-SYSTEM and Eustream signed the agreement for the Poland-Slovakia gas interconnection

This is a new cross-border transmission pipeline, of which approx. 59 km is located in Poland and 106 km in Slovakia.

21 December 2017 , 16:12Neftegaz.Ru10660

Cuba fully operates oil refinery formerly managed in joint venture with Venezuela

CUPET has taken full ownership of the Camilo Cienfuegos oil refinery in central Cuba formerly managed in a joint venture with Venezuela.

18 December 2017 , 17:30Neftegaz.RU9060

Phase I project of Uzbekistan’s Karakul gas field becomes operational

Uzbekistan celebrate the commissioning of the 1st phase of Karakul gas fields.

08 December 2017 , 12:12Nefetgaz.RU12220

Petrolex to invest $6 billion in Nigeria’s oil and gas sector

Petrolex says it has set aside $6 bln to enable it to make an impact in the downstream and upstream sectors.

07 December 2017 , 12:15Neftegaz.RU6950

After Poland and Lithuania, Greece to become the 3rd EU country to import American LNG

US Ambassador to Greece Geoffrey Pyatt said that Greece would be the 3rd EUcountry to begin importing American LNG.

06 December 2017 , 10:13Neftegaz.RU10180

Europe buys 40% of Iran oil in November

European customers purchased 40 % of Iran's crude oil exports.

04 December 2017 , 13:00Neftegaz.RU6770

Nicolas Maduro taps a high-ranking general to lead Venezuelan oil giant PDVSA

General Manuel Quevedo will be the new oil minister and head of PDVSA.

27 November 2017 , 15:27Neftegaz.RU10620

PDVSA in credit talks with Rosneft, Eni, Repsol and Statoil

Venezuela’s PDVSA is in talks with Russia’s Rosneft, Italy’s Eni, Spain’s Repsol and Norway’s Statoil to get credit for oil and gas projects, said a company executive, in a bid to reverse a slump in output to an almost 30-year low.

27 November 2017 , 10:28Neftegaz.RU8740

Sudan expects deficit in crude oil, talks with Lukoil on the development of its oil industry

Sudan expected a deficit in the supplies of crude oil and oil derivatives in 2018.

15 November 2017 , 12:11Neftegaz.RU8000

U.S. oil output hits all-time high

Government data indicates American output hit an all-time high last week.

09 November 2017 , 18:00Zainab CalcuttawalaNeftegaz.RU6140

Total officially permitted to initiate Iran project

Total received work permits for its foreign staff from Iran.

07 November 2017 , 14:09Neftegaz.RU8570

Slovakia and Hungary sign memorandum on Eastring project

Peter Žiga and Péter Szijjártó signed a MoU concerning the Eastring gas pipeline project.

31 October 2017 , 14:13Neftegaz.RU14890

Iran says it's signed its 1st agreement tied to LNG

NIOC said it signed its 1st-ever deal for the sale of gas slated for foreign delivery as super-cooled LNG.

27 October 2017 , 12:09Neftegaz.RU7500

Saudi Arabia stays 2nd largest oil exporter to US

Saudi Arabia maintained its position of being the 2nd-largest petroleum exporter to the US.

24 October 2017 , 12:09Neftegaz.RU6720

All pieces of the new Trans Adriatic gas pipeline delivered

The last of the 55,000 pieces of pipe needed to build a transit network from a giant gas field offshore Azerbaijan to Europe has arrived.

16 October 2017 , 17:30Daniel J. GraeberNeftegaz.RU8530

Japan plans $10 billion investment in Asian LNG sector

Japan will announce this week a $10 billion public-private initiative that will help to boost LNG infrastructure in Asia.

16 October 2017 , 15:29Neftegaz.RU10890

IMF: Blockade has no impact on Qatar gas exports

IMF officially announced that the 4-month old blockade against Qatar has not affected the energy exports.

11 October 2017 , 10:07Neftegaz.RU9690

Kazakhstan to start natural gas exports to China October 15, aims to boost transit

Kazakhstan is set to start gas exports to China from October 15.

06 October 2017 , 11:00Neftegaz.RU27400

Some investors bet oil will return to $100 in 2018, report says

The oil options market has seen a spike in activity at $100 a barrel, indicating some traders think it can get there by next year.

02 October 2017 , 16:00David McPheeNeftegaz.RU8320