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November, Saturday

Ratings // News

Position Heading Hits
161

The company has produced and shipped the 500th standard cargo of LNG

The 500th standard cargo of 145,000 cubic metres of liquefied natural gas has been loaded onto the K.Jasminе tanker and shipped to Korea Gas Corporation (KOGAS), one of the key players in the global LNG marketplace.

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162

10 million tons of crude oil from Emlichheim

Wintershall has reached another milestone in the history of crude oil production in Emlichheim. 

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163

TNK-BP PLANS TO CUT DRILLING COSTS AS PART OF “ASSET OF THE FUTURE” INTEGRATED AUTOMATION PROGRAMME

TNK-BP is planning to cut drilling costs by 3-10% as part its integrated Asset of the Future programme for automation of basic oil production processes.


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164

IHS: Shale plays driving demand for oil field chemicals

The global market for oil field specialty chemicals reached nearly $16 billion in 2010 with the US and Canada accounting for 52%, which an IHS Chemical market study attributed to increasing oil and natural gas drilling activity in shale plays.

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165

Oil Search spuds P'nyang South 1 well in Papua New Guinea

As at 0600 hrs PNG time on 2 February, the well was at a depth of 366 metres and drilling ahead in a 17-½' hole.

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166

BP takes Angola E&P acreage to 32,650 square km

BP confirmed on December 20 it has gained access to five more deepwater exploration and production blocks offshore Angola.

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167

Russia May Sell Stakes in Rosneft, Sberbank in 3 Years

Russia’s government approved selling stakes in 10 major companies as part of a 1.8 trillion ruble ($57.5 billion), five-year privatization program, including stakes in OAO Rosneft and OAO Sberbank

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168

EU demands changes to Bulgarian South Stream deal to give other states access

A Russian-Bulgarian agreement on the South Stream gas pipeline project should be changed so that other European Union countries have access to the pipeline, European Commission representative Marlene Holzner said on Monday

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169

Pipeline to Baltic, Moscow Road Herald $2.5 Billion Market

Russian companies building a spur of the Moscow-to-Minsk highway and an oil pipeline to the Baltic Sea are sparking a new market for infrastructure bonds that the government expects to reach $2.5 billion a year

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170

Crude Oil Declines a Third Day

Oil declined for a third day in New York amid speculation a report on new homes may add to signs U.S. fuel demand will remain weak and as the dollar gained, curbing the appeal of commodities as an alternative investment

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171

Obama lifts drilling ban

The Obama administration today lifted its ban on deep-water drilling seven weeks ahead of schedule, saying newly imposed rules significantly reduce the risk of a repeat of the BP Gulf oil spill, the country's worst ever

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172

Doubts on US economic recovery keep oil prices down

Oil fell for a third day, trading near the lowest levels since mid June, after the U.S. Fed said the pace of U.S. economic recovery is faltering.

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173

Reintroduction of export duty on East Siberian oil

Deputy Prime Minister Igor Sechin and Finance Minister Alexei Kudrin have agreed to reintroduce the export duty for East Siberian oil fields from July 1 to help fund the country's budget deficit.

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174

Russian "Silicon Valley" Skolkovo connected to the world

The road to the planned Skolkovo research hub, dubbed Russia's answer to Silicon Valley, was opened on Saturday.

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175

Indonesian government awarded 14 new oil and gas fields blocks to investors

The Indonesian government Friday awarded 14 new oil and gas blocks to investors, which it had offered in December.

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176

Russian supertanker hijacked by Somali pirates

A Russian warship was headed toward a Russian-operated oil tanker hijacked by Somali pirates off the coast of Yemen late Wednesday.

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177

European Union wants to secure gas delivery from Russia

European Union proposals to force countries to build new emergency gas infrastructure were approved Thursday by a parliament panel, but a requirement to prepare for 60 days of supply cuts was reduced to 45 days.

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178

Russian East Siberia-Pacific Ocean pipeline increases competition in Asia

Middle Eastern oil producers are scrambling to protect their market share in Asia amid rising competition from a new source of supply—an oil blend from Russia called ESPO.

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179

New major oil project started in Turkmenbashi refineries

The Turkmenbashi complex of oil refineries launched another major investment project - the construction of a unit of delayed coking in combination with a unit of tar deasphalting.

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180

Lots of oil and gas in Colombia, but few buyers

Colombia has large deposits of oil and gas but very few buyers, the country's energy minister said while announcing a $10-billion investment plan in the sector this year.

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