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September, Friday

Ratings // News

Position Heading Hits

MMT Sweden AB gains shop window with euopean oil and gas buyers

MMT Sweden AB (MMT), based in Gothenburg Sweden, has since 2011 gained a ‘shop window’ with companies in the oil and gas sector by joining Achilles FPAL - an online community which is used by over 90 buyers from oil and gas companies.


The Gas Exporting Coutnries Forum to pick Adeli successor in Moscow

The Gas Exporting Coutnries Forum is scheduled to elect its next secretary general in its upcoming meeting in Moscow to succeed Iran’s Mohammad Hossein Adeli.


Lukoil commissions new facilities at Gissar project in Uzbekistan

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


Croatia’s CROSCO to drill 12 wells in Ukraine

Ukrgazvydobuvannia and CROSCO signed 2 contracts for drilling 12 new wells in Ukraine.


Norway offers record number of Arctic blocks for oil exploration

Norway has offered a record number of blocks for exploration in the Arctic Barents Sea.


Sovcomflot expands fleet with new icebreaking standby vessel

A naming ceremony for Sovcomflot’s new icebreaking standby vessel was held on Thursday.


Oil starts flowing through China-Myanmar pipeline

The China-Myanmar crude oil pipeline started operations after an oil tanker began offloading crude oil in the Southeast Asian country.


NIOC Head: 1st IPC tender slated for February 15

Iran plans to hold the 1st tender for its new oil and gas contract model on February 15, said NIOC Managing Director Ali Kardor.


Eustream: an uncertain future

Russian gas has been unreliable in the past; on the other hand, Russian gas should flow through Poland and Ukraine, and not go through the second, planned Nord Stream line, delegates were told at the Central European Day of Energy in Brussels.


Bulgaria-Romania gas interconnector pipeline finished

Bulgarian Prime Minister Boiko Borissov opened at a ceremony on November 11 the gas interconnector pipeline with Romania, describing it as a key step towards diversification of gas supply sources and strengthening Bulgaria’s energy security.


Belarus: Russia's gas price for Belarus will remain at $132 for now

The price for the Russian gas for Belarus will remain at $132 per 1,000 cubic meters for now, Belarus Prime Minister Andrei Kobyakov.


Russia bases economic forecast on $40 oil

The Central Bank of Russia lowers rates and forecast for economic growth in 2017, basing its forecast on oil priced at $40 per barrel. For the 1st time since June 2016, the bank said it lowered its key rate by a half percent to 10%, saying it was forecasting «unstable economic activity».


UK´s Unite called for urgent talks with Wood Group to avoid further strike

UK´s union Unite has called for fresh talks to try to avert more strikes by North Sea workers in a long-running dispute over pay.


As Big Drillers Move In, Safety Goes Up

A firm called East Resources Inc. was among the first to drill into the Marcellus Shale, a rock layer found to be rich in natural gas. As the small wildcatter drilled, starting in 2008, regulators repeatedly cited it for spills or other environmental infractions, almost two for every shale well it drilled.


Surgutneftegas reports preliminary operating results for 12 months of 2012

Over the last twelve months of 2012, Surgutneftegas produced 61,405 thousand tons of crude oil. Compared to the periods of 2011 and 2010, crude output increased by 1% and 3%, respectively.


ExxonMobil Plans Five-Year Investment of $185 Billion to Develop New Energy Supplies

Exxon Mobil Corporation (NYSE:XOM) plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said today in a presentation at the New York Stock Exchange.


Eni has restarted today gas production from the offshore platform of Sabratha (Libya)

Eni has confirmed that Mellitah Oil & Gas, the Joint Venture operating company (NOC 50%, Eni 50%) in Libya, has restarted 2 november  gas production from the offshore platform of Sabratha.


Gazprom Neft Names Front End Engineering Design Contractor for Iraqi Badra Field

Gazprom Neft has completed the tendering process for the front end engineering design (FEED) for the Badra oil field in Iraq with the contract being awarded to French Technip. The project preparation is expected to be completed by June 2011.


Shtokman operator demands new tax breaks

The operator of the Shtokman offshore field, one of the world's largest gas deposits, expects the state to grant it new privileges, Shtokman Development AG (SpDAG) Chief Executive Officer Alexei Zagorovsky said on Monday


Oil prices stabilized around $77

Oil was steady around $77 on Thursday after falling in the past two sessions on weak durable good data and the biggest weekly increase in crude inventories for nearly two years in the United States.