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December, Friday

Ratings // News

Position Heading Hits
1

PGNiG: increase in financial results in 2018 despite sudden fluctuations in energy markets

In 2018, the PGNiG Group’s net profit amounted to PLN 3.2bn and rose by 10 %.

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2

A.Miller and Germany’s Minister for Economic Affairs & Energy P.Altmaier discussed cooperation issues

 A Gazprom delegation paid a working visit to Germany.

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3

BP and Reliance sanction second phase of integrated KG D6 development

BP and Reliance Industries Limited (RIL) have sanctioned the ‘Satellite cluster’ project in Block KG D6.

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4

Rosneft to tow a giant Arctic iceberg weighing over 1 million tons

Rosneft endeavored to move an iceberg in the Arctic Ocean weighing over 1 million tons.

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5

SIBUR upgraded Yuzhno-Balyksky GPP and boosted its capacity

SIBUR completed the upgrade of the Yuzhno-Balyksky Gas Processing Plant (GPP).

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6

U.S. crude oil production hits record 12 million bpd

The weekly EIA petroleum data showed as American production is growing faster than forecasts suggested just a few months ago.

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7

Russia and Colombia lead global oil & gas discoveries during Q4 2018

Russia and Colombia had the highest number of oil and gas discoveries amongst a number of key countries with three each in Q4 2018.

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8

ExxonMobil increases Stabroek resource estimate to 5 billion barrels, makes 10th discovery

ExxonMobil made 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels.

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9

Novatek: Significant reserve growth confirmed at the Utrenneye field

Novatek announced that upon drilling and testing of well №294 at the Utrenneye field.

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10

TMS Awards secures royal patronage

For the fifth year in a row The Maritime Standard (TMS) has secured the royal patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority and Chairman and Chief Executive, Emirates Airline and Group. 

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11

Egypt to start importing Israeli gas for re-export in early 2019

An Egyptian company is set to begin importing gas from Israeli offshore fields in the 1st quarter of 2019.

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12

NIGC: Iran to sign power deal with Georgia

The CEO of NIGC said the company was preparing an electricity contract to sign with Georgia.

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13

Gazprom leads in total production outlook among NOCs

Gazprom has the highest remaining reserves for producing, planned and announced fields with 84.5 billion barrels of oil equivalent.

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14

Vietsovpetro to reduce 2,200 employees by 2020

Vietsovpetro set a goal to reduce more than 2,200 workers in Block 09-1 from 2016-2020 as an effort to step up its restructuring.

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15

Gazprom Export: European UGS reserves down to record lows

The withdrawal of gas from European underground gas storage facilities is continuing.

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16

Total launches large-scale development of the Brazilian giant Libra field

Total announces that it has taken the investment decision for the 1st large-scale development phase of the Libra project.

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17

Russia´s Rosgeologia and PetroSA signed $400 mln deal for oil & gas exploration in South Africa

PetroSA signed an agreement with Russian geological exploration company Rosgeo.

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18

Gazprom Neft developing oil-production technologies for gas cap drive reservoirs

As part of its ongoing Technology Strategy, Gazprom Neft has established a programme directed at developing technologies to exploit oil reserves located below a gas cap.

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19

BP announces final investment decision to expand Indonesia’s Tangguh LNG facility

Project will create 10,000 new jobs and support economic growth in Papua Barat Province.

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20

Energy Sector Demand Fuels Methanol Production in China and the Middle East

The huge global demand for methanol is set to build up business in the Middle East, while China looks to keep the title of leading petrochemical hub, according to a new report by business intelligence experts GBI Research.

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