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November, Tuesday

Ratings // News

Position Heading Hits
141

Kazakhstan to increase oil production to over 100 million tons in 2025

Kazakhstan intends to increase oil production from the current 87 million tons per year to more than 100 million tons.

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142

Global natural gas demand grows by 1.4%/year between 2016 and 2040, with China leading the growth according to CEDIGAZ in its latest survey: Medium and Long Term Natural Gas Outlook 2018

CEDIGAZ, the International Association for Natural Gas, has just released its «Medium and Long Term Natural Gas Outlook 2018». In CEDIGAZ Reference Scenario, which incorporates national energy plans and INDC commitments, natural gas demand will grow by 1.4%/year between 2016 and 2040 and will play a growing role in the energy mix at the expense of the other fossil fuels.

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143

Prime Ministers issue statement of support for Greece-Bulgaria gas interconnector

EU citizens will get a wider range of choices and stronger energy security.

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144

IEA forecasts global gas consumption pass 4 trillion m3 mark by 2022

The International Energy Agency (IEA) has published a gas market outlook through 2023.

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145

Russia to assess legal frame for Iranian oil imports

Russia will assess its agreement with Iran to import crude oil in exchange for goods from the legal point of view.

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146

OPEC+ agrees to increase global oil production by nearly 1 mln barrels per day

OPEC and non-OPEC oil producers agreed on June 23 to share increased oil production in a move that is seen as stabilizing global energy prices.

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147

KazMunayGas promises to start big investments in Romania

KazMunayGas plans to start two big investment projects in Romania in the near future.

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148

Yamal LNG shipped 1st LNG cargo to Spain

Yamal LNG shipped the first cargo of  LNG to Spanish company Gas Natural Fenosa.

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149

Croatia's INA to buy out Eni's stake in northern Adriatic gas fields

INA agreed to buy Eni's upstream subsidiary in Croatia.

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150

SOCAR’s profit increased sixfold in 2017

According to audited financial statements, SOCAR's gross profit in 2017 increased by 78% to AZN 92.6 billion.

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151

Gazprom becomes 1st Russian energy company to conduct independent audit of greenhouse gas emissions

Gazprom became the1st Russian energy company to perform an independent audit review.

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152

Bulgarian PM optimistic on gas link to Turkey

Boiko Borissov said that he was optimistic that the expanded gas link between Bulgaria and Turkey could become operational before the end of June.

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153

ExxonMobil advances Liza phase 1 development

The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana.

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154

Gazprom Neft and IBM expand joint work on new digital projects

Gazprom Neft and IBM agreed on expanding cooperation in new technological projects in on-shore oil production.

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155

Maros Sefcovic in Czech Republic for 2nd Energy Union tour

As part of his 2nd Energy Union Tour, Vice-President of the European Commission for Energy traveled to the Czech Republic.

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156

Russia and Austria vow to improve strategic energy ties

Marking 50 years of collaboration, Russian energy company Gazprom and Austria's OMV vowed to work toward a new level of strategic cooperation.

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157

At Etinde block, Cameroon, started drilling an appraisal well

New Age Cameroon Offshore Petroleum SA (NewAge) operator of Etinde block, Cameroon, spud on 21 May 2018 of the IM-6 appraisal well.

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158

Venture Global LNG enters into LNG sales and purchase agreement with BP for 2 million tonnes per year

Venture Global Calcasieu Pass, LLC, a subsidiary of Venture Global LNG, Inc., and BP (BP LN) have entered into a 20-year sales and purchase agreement (SPA) for the supply of 2 million tonnes per annum (MTPA) from the Venture Global Calcasieu Pass LNG export facility, currently under development in Cameron Parish, Louisiana, USA.

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159

Key oil industry figures to discuss OPEC policy, sanctions this week in St. Petersburg

Key oil ministers and company executives will gather in Russia later this week for the St. Petersburg International Economic Forum.

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160

Bulgaria and Serbia reaffirm commitment to construction of gas interconnector

Bulgaria and Serbia signed a joint declaration on the construction of a pipeline that will link their gas transmission systems.

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