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Rosneft Attracts a Consortium of Japanese Companies to Undertake Joint Exploration
Russia >> 12/16/2017 - Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relati...
APC to Be Renovated
Iran >> 12/7/2017 - Managing Director of Tamin Petroleum & Petrochemical Investment Co. (TAPPICO) Mohammad-Hassan Peyvandi says Abadan Petrochemical Co. (APC), which is the oldest polymer company in the Middle East, is t...
NISOC Signed MOU with Iranian Company
Iran >> 12/2/2017 - A memorandum of understanding between National Iranian South Oilfields Company and Toseh Energy Naft Novin Afagh Kish Company, according to new model of contracts was signed in Ahvaz. ...
JDR Wins Major Umbilical Contract
India >> 3/15/2017 - JDR, a leading supplier of subsea umbilicals and power cables to the global offshore energy industry, has been awarded a major steel tube umbilical contract by Cameron Ltd, on behalf of operator ONGC,...
Jiangsu Sailboat Petrochemicals Company Starts Honeywell UOP Methanol-To-Olefins Unit
China >> 2/23/2017 - Honeywell (HON) announced that Jiangsu Sailboat Petrochemical Company, Ltd. started its UOP Advanced Methanol-to-Olefins (MTO) unit during a 10-day test to confirm successful operation. When the full ...
China's Soaring LNG Demand To Help Rein In Global Glut
China >> 2/23/2017 - China's soaring demand for liquefied natural gas (LNG) is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated. ...
Marubeni to Acquire Stakes in the Largest Distributors of Feed Additives in Europe
Japan >> 2/23/2017 - Marubeni Corporation (“Marubeni”) has reached an agreement to acquire a 60% stake in Dutch feed additive distributor Orffa International Holding B.V. (“Orffa”). Orffa is one of the largest companies o...
InterOil Completes ExxonMobil Transaction
Papua-New Guinea >> 2/23/2017 - InterOil Corporation (IOC) announced the completion of the previously announced transaction with Exxon Mobil Corporation (XOM). Under the terms of the transaction, ExxonMobil acquired all of the outst...
NISOC & MAPNA Inked MOU
Iran >> 2/22/2017 - A memorandum of understanding between National Iranian South Oilfields Company and MAPNA Industrial Group was signed in Ahvaz. According to this contract, 3 reservoirs of Karanj , Parsi and Rag Sefid ...
Lukoil & World Wildlife Fund Sign Roadmap For 2017
Russia >> 2/22/2017 - LUKOIL and the World Wildlife Fund (WWF) have approved a joint plan of actions for 2017, as part of a cooperation agreement. The roadmap was signed by Gleb Ovsyannikov, Head of Public Relations at LUK...
PJSC TATNEFT Held a Regular Meeting of the Board of Directors
Russia >> 2/22/2017 - The Board of Directors of PJSC TATNEFT held a regular meeting in Kazan chaired by the President of the Republic of Tatarstan R.N. Minnikhanov. ...
Japan's Mitsubishi Buys Iran Naphtha Cargo
Iran >> 2/21/2017 - Japan's Mitsubishi Corp bought a naphtha cargo from Iran last month, the Asian country's first such purchase from Iran since October 2016, sources familiar with the matter said. The naphtha cargo, loa...
Iran Will Finalize Contract with Total within Two Months
Iran >> 2/21/2017 - Iran's oil minister said that the first of its new contracts would be finalized with Total within two months, according to the Mehr News agency. ...
6 More Platforms of South Pars to Start Operating by March 2018
Iran >> 2/21/2017 - Managing director of pars oil and gas company (POGC) announced that six new gas platform of remaining phases located in the second region of onshore facilities of south pars gas field will finalize by...
Taas-Yuryakh Neftegazodobycha Increased Production by 18.9% in 2016
Russia >> 2/21/2017 - Taas-Yuryakh Neftegazodobycha increased oil production by 18.9% in 2016 compared to the same period in 2015, the production volume ammounted to 1.1mmt. ...
Gazprom Neft to Drill First Well at the Ayashsky Block in the Sea of Okhotsk
Russia >> 2/21/2017 - Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has signed a contract with Hakuryu 5 (a 100-percent-owned subsidiary of Japan Drilling Co) regarding the leasing of a drilling rig for construction ...
Russia's Lukoil Says It Sold Its Petrochemical Plant in Ukraine
Russia >> 2/21/2017 - Russian oil producer Lukoil said in a statement it has completed the sale of its Karpatneftekhim petrochemical plant in western Ukraine. The plant has been mothballed for the past two years. Lukoil di...
Lukoil Completes the Sale of Karpatneftekhim
Ukraine >> 2/21/2017 - LUKOIL completed the sale of wholly owned subsidiary – LUKOIL Chemical B.V. (the Netherlands), which owns petrochemical plant «Karpatneftekhim» located in Ivano-Frankovsk area of Ukraine.
Geological Structures Uncovered in the South China Sea with Significant Implications
China >> 2/20/2017 - Australian geoscience company Frogtech Geoscience has released a comprehensive new basement-focused study of the hydrocarbon-rich South China Sea and Gulf of Thailand; a geologically complex region. ...
Iran Sees Oil Output Reaching 4 mln bpd by April 2017
Iran >> 2/20/2017 - Iran expects its oil production to reach 4 million barrels per day by mid-April, and plans to drill 500 new wells over the next five years to raise output to 4.7 million bpd, a senior oil official sai...
Iran Finds 2 bln Barrels Shale Oil Reserves in Western Province
Iran >> 2/20/2017 - Iran has discovered major reserves of shale oil in the western parts of the country with a top official saying that the reserves are the first that have a feasible potential for production. ...
Petronas Considers $1 Billion Stake Sale in Offshore Gas Project
Malaysia >> 2/20/2017 - Malaysian state-owned oil and gas firm Petronas is aiming to sell a large minority stake in a prized upstream local gas project for up to $1 billion as it seeks to raise cash and cut development costs...
Supreme Court of Yukon Approves ExxonMobil's Acquisition of InterOil
Papua-New Guinea >> 2/20/2017 - InterOil Corporation announced that the Supreme Court of Yukon has granted a final order approving the arrangement between InterOil and Exxon Mobil Corporation (ExxonMobil). The arrangement was approv...
Jacobs to Provide EPC Services for Facilities in Papua New Guinea
Papua-New Guinea >> 2/20/2017 - Jacobs Engineering Group Inc., in a joint venture with Monadelphous Group Limited has received a letter of intent from Oil Search Limited to enter into a new proposed five year contract to provide eng...
East Messoyakha Field Produces the First Million Tons of Oil
Russia >> 2/20/2017 - Messoyakhaneftegaz, a joint venture of Gazprom Neft and Rosneft, produced its millionth ton of oil. This rate was achieved in less than 5 months since the beginning of production at the most northern ...
Urals Energy Announces Non-Revolving Finance Arrangement with Sberbank
Russia >> 2/20/2017 - AIM-listed Urals Energy, the independent exploration and production company with operations in Russia, has announced that its subsidiary undertaking, Petrosakh, has entered into a new 24 month non-rev...
Gazprom Neft Board of Directors Reviews Plans for Developing Catalyst Production
Russia >> 2/20/2017 - The Gazprom Neft Board of Directors has reviewed information on the company’s plans for developing catalyst production and supplying catalysts to enterprises throughout the Gazprom group. ...
Construction Contract Signed for Second String of TurkStream’s Offshore Section
Russia >> 2/20/2017 - South Stream Transport B.V. and Allseas Group today signed in Amsterdam a contract to build the second string of the TurkStream gas pipeline’s offshore section. The document was signed as part of the ...
Nord Stream 2 to Play Crucial Role in EU’s Energy Security
Russia >> 2/20/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg today. The meeting address...
KCA Deutag Secures Platform Drilling Contract with Sakhalin Energy
Russia >> 2/20/2017 - Leading global drilling and engineering contractor, KCA Deutag, has been awarded a contract extension by Sakhalin Energy Investment Company for platform drilling services on its three platforms offsho...
Belarus Purchases 1st Ever Iranian Oil Cargo
Iran >> 2/19/2017 - Belaruss BelOil Polska had purchased 600,000 barrels of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC) for loading in February, the countrys first purchase of Iranian crude...
Iran Finds 2 Billion Barrels Shale Oil Reserves in Western Province
Iran >> 2/19/2017 - Iran has found shale oil reserves of 2 billion barrels of light crude in its western Lorestan province, a senior official at the state-run National Iranian Oil Company (NIOC) was quoted as saying on S...
Total Exploring Deeper Exploration Target at Antelope-7
Papua-New Guinea >> 2/19/2017 - InterOil Corporation announced that according to information provided by Total E&P PNG Limited (Total), the operator of Petroleum Retention License 15 (PRL15) in the Gulf Province of Papua New Guinea,...
Lotos Seeking Long-term Iran Oil Supply Deal
Iran >> 2/18/2017 - Polands second-biggest refiner Lotos is eying for sealing a long-term oil supply deal with Iran. Lotos Chief Executive Officer Marcin Jastrzebski stated that the deal could be signed with Iran after ...
The Second Graduation of BP & Co-Venturers-Sponsored Technicians Training
Azerbaijan >> 2/17/2017 - BP and its co-venturers in the joint ventures that it operates today celebrated the second graduation of BP and co-venturers-sponsored technicians training. 47 graduates today received their certifica...
Iran Eyes 3mbd Refining Capacity by 2021
Iran >> 2/17/2017 - Iranian Minister of Petroleum Bijan Zangeneh says Irans hydrocarbon refining capacity will cross 3 million barrels per day by the end of the 6th five-year development plan to 2021. ...
Construction Launched for Railroad Bridge to Deliver Cargo to Amur GPP
Russia >> 2/17/2017 - The first pile was installed in the foundation of the planned railroad bridge across the Bolshaya Pyora River (Svobodnensky District) to be used for delivering cargo to the Amur gas processing plant (...
Gazprom’s Exports to Germany Add 37% Between February 1 and 15
Russia >> 2/17/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Brigitte Zypries, Germany’s Federal Minister for Economic Affairs and Energy, took place in Berlin. ...
Gazprom & Linde Hold Third Meeting of Joint Coordinating Committee
Russia >> 2/17/2017 - The third meeting of the Joint Coordinating Committee (JCC) of Gazprom and Linde took place in Munich. The meeting was moderated by JCC co-chairmen Vitaly Markelov, Deputy Chairman of the Gazprom Mana...
GE Ventures & Samsung Electro-Mechanics Announce Global Microelectronics Packaging Patent Agreement
South Korea >> 2/17/2017 - GE Ventures and Samsung Electro-Mechanics (SEMCO), a world leader in electronic components, announced a multi-year, worldwide patent license agreement. With this partnership, SEMCO will license GE mic...
Flowserve Awarded Significant Contract to Supply Pumping Equipment
China >> 2/16/2017 - Flowserve Corporation (FLS), a leading provider of flow control products and services for global infrastructure markets, announced an order close to $80 million to provide pumps and ebulators for the ...
Working Meeting Held Between Wang Yilin & Alexey Miller
China >> 2/16/2017 - CNPC Chairman Wang Yilin had a meeting with Alexey Miller, Chairman of the Gazprom Management Committee, at CNPC’s headquarters in Beijing. The two parties compared notes on strengthening bilateral co...
KBR Awarded Ammonia Plant Revamp Contract
KBR Awarded Ammonia Plant Revamp Contract India >> 2/16/2017 - KBR, Inc. has been awarded a contract by Mangalore Chemicals and Fertilizers Ltd (MCF) for revamping its ammonia plant at Panambur, Mangalore in India. Under the terms of the contract, KBR will provid...
Tehran & Stockholm Ready for Energy Optimization Cooperation
Iran >> 2/16/2017 - Iran would welcome cooperation with Swedish companies in projects concerning optimization of energy consumption and reduction of greenhouse emissions, Iranian Minister of Petroleum Bijan Zangeneh said...
Gazprom Neft Implementing Advanced Process Control Systems at Moscow Refinery
Russia >> 2/16/2017 - An advanced process control (APC) system is currently being implemented at the Gazprom Neft Moscow Refinery, directed at increasing effectiveness and optimising the operation of the plant’s production...
ExxonMobil Singapore Refinery to Expand Group II Base Stock Production
Singapore >> 2/16/2017 - ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products and e...
CATOFIN Technology Award for Petrochemical Plant in China
China >> 2/15/2017 - CB&I (CBI) has been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Dongg...
India Awards 31 Oil and Gas Blocks
India >> 2/15/2017 - India has approved the award of operating licences for 31 small oil and gas fields, Finance Minister Arun Jaitley told reporters on Wednesday. The world's third biggest oil consumer had received bids ...
Geothermal Funding to Support Development in Eastern Indonesia
Indonesia >> 2/15/2017 - The World Bank last week approved $55.25 million in funding to support the Geothermal Energy Upstream Development Project in Indonesia, which aims to facilitate investment in geothermal power generati...
Iran Proven Hydrocarbon Reserves more 30 Billion Barrels than 2011 Estimates
Iran >> 2/15/2017 - Iran says its proven in-place oil and gas reserves are higher by 30 billion barrels and 128 trillion cubic feet, respectively, than 2011 estimates. Director of Exploration at the National Iranian Oil ...
OPEC Data Confirm Irans Oil Output within Limits
Iran >> 2/15/2017 - Irans crude oil production rose by 50,200 barrels per day in January over the previous month, reaching 3.75 million bpd, OPEC said in its monthly report on Monday, citing secondary sources, Financial ...
Grant of PPL 338 Extension & Award of New Licence PPL 581
Papua-New Guinea >> 2/15/2017 - Kina Petroleum Limited is pleased to provide an update in relation to its foreland exploration activities. Kina confirms that the PPL 338 licence has been extended for a further 5 years and that it ha...
Gazprom & CNPC Broadening Strategic Cooperation in Energy Sector
Russia >> 2/15/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Zhang Gaoli, Vice Premier of the State Council of the People’s Republic of China, took place today in Beijing...
SOCAR & IBM Sign Memorandum on Strategic Cooperation
Russia >> 2/15/2017 - A Memorandum on Strategic Cooperation was signed with US IBM at the headquarters of SOCAR. The memorandum was signed by SOCAR President Rovnag Abdullayev and Senior Vice President of IBM and the chair...
Gazprom Neft Developing Oil-Production Technologies for Gas Cap Drive Reservoirs
Russia >> 2/15/2017 - 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. Implementation of the projec...
Rosneft Reviewed the Results of DeGolyer & MacNaughton's Independent Audit of Hydrocarbon Reserves
Russia >> 2/15/2017 - According to the results of the audit performed by DeGolyer & MacNaughton under the SEC (United States Securities and Exchange Commission) life-of-field classification Rosneft proven hydrocarbon reser...
Gazprom Capital LLC Places First Exchange-Traded Bonds
Russia >> 2/15/2017 - Gazprom capital LLC, a subsidiary of Gazprom, successfully placed two debut issues of exchange-traded bonds of the BO-5 and BO-6 series at the Moscow Exchange today. The bonds are worth a total of RUB...
Ezra Faces Court Application to Wind up Unit of Subsea JV
Singapore >> 2/15/2017 - Debt-laden Singaporean oilfield services firm Ezra Holdings Ltd said late on Tuesday that a creditor of a business owned by an Ezra joint venture had filed a court application requesting that the JV's...
Training on EBSCO Services Held at BHOS
Azerbaijan >> 2/14/2017 - Baku Higher Oil School (BHOS) hosted scheduled training session entitled “EBSCO Discovery Service (EDS): Scholarly Searching for Research and Education”.Regional Manager for CIS Countries of EBSCO Inf...
Honeywell Technology & Controls Selected for Largest Petrochemical Project in China
China >> 2/14/2017 - Honeywell (HON) announced that Zhejiang Petrochemical Co. Ltd. (ZPC) will use a range of process technology from Honeywell UOP, the world’s leading licensor of refining and petrochemical process techn...
NIOC & BIV Ink MoU on Iran Fields Study
Iran >> 2/14/2017 - The National Iranian Oil Company (NIOC) and Malaysias Bukhary International Ventures (BIV) have signed a memorandum of understanding (MoU) for carrying out studies over Irans Golshan and Ferdowsi fiel...
Iran Explored 30 bln Barrels of Oil
Iran >> 2/14/2017 - Iran has discovered about a dozen new oil fields with in-place reserves of 30 billion barrels, head of exploration at National Iranian Oil Company (NIOC) stated. ...
Loading Last Platform of Phase 19 from Khorramshahr Industrial Yards
Iran >> 2/14/2017 - Loading operation of 1640-ton platform 19B with a production capacity of 14.2 million cubic meters of sour gas from south pars field was done in Khorramshahr industrial yard. According to public relat...
Gazprom & Linde Expanding Cooperation in Oil and Gas Sector
Russia >> 2/14/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Aldo Belloni, Chief Executive Officer of Linde, took place at the Gazprom headquarters. ...
Gazpromneft & China Aviation Oil Sign New Agreement on Refueling in Russia
Russia >> 2/14/2017 - Gazpromneft-Aero, jet fuel business operator of Gazprom Neft, and Chinese national jet fuel supplier China Aviation Oil Hong Kong Co. Ltd. (CAOHK) signed a new agreement on fueling CAOHK designated ai...
Shell & Pavilion Gas to Start Shipping LNG to Singapore in 2017
Singapore >> 2/14/2017 - Shell Eastern Petroleum and Pavilion Gas will start supplying Singapore with liquefied natural gas (LNG) later in 2017 under contracts awarded last year, the city-state's trade minister said on Tuesda...
TMC to Supply Compressors to FLNG Hilli
Singapore >> 2/14/2017 - International compressor supplier Tamrotor Marine Compressors (TMC) has been awarded a contract by Golar LNG to supply the offshore market’s most energy efficient compressed air system to the Hilli FL...
Thai Oil Targets 2017 Refining Rate At 100-103% Of Capacity
Thailand >> 2/14/2017 - Thailand's largest oil refiner Thai Oil said on Tuesday it aims to run its refinery at 100-103 percent of its 275,000 barrel-per-day (bpd) capacity in 2017, and has no plans for any maintenance shutdo...
BHOS is Strengthening Cooperation with University of Houston
Azerbaijan >> 2/13/2017 - Rector of Baku Higher Oil School (BHOS) Elmar Gasimov met with Cultural and Educational Affairs Officer of the USA Embassy in Azerbaijan Amy Petersen. Having welcomed the quest, the rector provided in...
Saudi Aramco Inks First Oil Contract With China's Huajin
China >> 2/13/2017 - State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply crude in 2017, two sources with knowledge of the matter said on Monday...
Iran & Oman Gas Pipeline Project Operational by 2020
Iran >> 2/13/2017 - An Iranian gas official says Iran will mostly likely be exporting natural gas to Oman by 2020. Ali Amirani, director of the Gas Export Department of the National Iranian Gas Company (NIGC), said that ...
Lotos Seeking Long-term Iran Oil Supply Deal
Iran >> 2/13/2017 - Polands second-biggest refiner Lotos is eying for sealing a long-term oil supply deal with Iran. Lotos Chief Executive Officer Marcin Jastrzebski stated that the deal could be signed with Iran after h...
Bell Geospace Introduces Malaysian Multiclient FTG Programme
Malaysia >> 2/13/2017 - Bell Geospace, the world leader in Gravity Gradiometry, together with Onyx Engineering and PETRONAS has announced the introduction of its Malaysian MultiClient FTG Programme. The MultiClient FTG Pr...
First Bilateral Horizontal Wells Constructed at Novoportovskoye Field
Russia >> 2/13/2017 - The successful application of new technology in constructing multilateral wells has allowed Gazpromneft-Yamal (a Gazprom Neft subsidiary, currently developing the Novoportovskoye field) to increase re...
Severstal Appoints New Chief Digital Officer
Russia >> 2/13/2017 - Igor Bardintsev has been appointed as Severstal’s Chief digital officer (CDO). As a CDO he will be responsible for the development and implementation of the company’s digital strategy and aligning the...
Engineers of TATNEFT Are Among the Best in Russia Again
Russia >> 2/13/2017 - Professionals of TATNEFT Company have again become winners at the All-Russian contest "Engineer of the Year" held annually by Russian and International Unions of non-governmental scientific and engine...
Sri Lanka Launches Tender To Develop Natural Gas Site In Mannar Basin
Sri Lanka >> 2/13/2017 - Sri Lanka has launched a tender to develop a gas block in the Mannar Basin off its northwest coast, vacated when Cairn India pulled out of an exploration project in 2015 as oil prices plunged. Sri Lan...
Iran Says Positive Market Reaction to OPEC Decision will Continue
Iran >> 2/12/2017 - Iranian Minister of Petroleum Bijan Zangeneh described the oil market reaction to Organization of the output cut plan of the Petroleum Exporting Countries (OPEC) as desirable, saying the current trend...
Aghajari Saving Rls. 2.4 billion
Iran >> 2/12/2017 - More than Rls. 2.4 billion has been saved through 10 suggestions received from company's staff, announced Aghajari Oil & Gas Producing Company managing director. ...
NISOT Training Production Unit Comes Online
Iran >> 2/12/2017 - Aiming to educate skilled manpower, NISOC training production unit comes online. Speaking for his part, NISOC production manager said for his part, this training unit aims to provide needs of students...
Iran & Oman Take New Step in Gas Trade
Iran >> 2/11/2017 - Iranian Minister of Petroleum Bijan Zangeneh and his Omani counterpart Mohammed bin Hamad Al Rumhy held energy talks in Tehran on Tuesday. Iran is planning to export natural gas to Oman through a subs...
No Trouble Talking Oil with Saudis
Iran >> 2/11/2017 - Iran has no trouble for talks with Saudi Arabia in order to stabilize the oil market, stated Minister of Petroleum Bijan Zangeneh as he praises OPEC commitment to production cuts. ...
70 Downstream Projects Ready for Financing
Iran >> 2/10/2017 - Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei says the company has defined 70 downstream petrochemical projects and is ready to introduce them to interested financiers. S...
Announcement from Olisol Petroleum Limited
Russia >> 2/10/2017 - Tethys Petroleum Limited (TPL)) acknowledges the public announcement by Olisol Petroleum Limited on February 9, 2017 regarding the validity of Tethys Extraordinary General Meeting ("EGM") held on Janu...
Gazprom & CNPC Hold Meeting of Joint Coordinating Committee
Russia >> 2/10/2017 - A regular meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC took place in Beijing. The meeting was moderated by JCC co-chairmen Vitaly Markelov, Deputy Chairman of the Gazprom Mana...
Gazprom Neft Among the Winners at This Year’s Global Cio “Project Of The Year” Competition
Russia >> 2/10/2017 - Gazprom Neft has been named among the winners at this year’s annual “Project of the Year” competition, held by Global CIO, Russia’s Chief Information Officer (CIO) community, nominated for “Best Large...
Rosneft's Volga Refineries in Limbo Over Tax Reform & Low Oil Prices
Russia >> 2/10/2017 - Some of the domestic refineries of Russia's largest oil producer Rosneft have been hit hard by tax reforms and weaker oil prices, putting a strain on profits, sources and analysts told Reuters on Frid...
Singapore Banks' Sour Loans In Focus As Oil Service Sector Stresses
Singapore >> 2/10/2017 - Singapore's DBS Group Holdings and smaller rival United Overseas Bank are set to report their lowest quarterly profit in at least two years, hurt by bad loans provisions for a battered oil services se...
Final Iran Project Investment Decision Depends On US Waiver Renewal
Iran >> 2/9/2017 - French oil major Total plans to make a final investment decision on a $2 billion gas project in Iran by the summer, but the decision hinges on the renewal of U.S. sanctions waivers, the company's chie...
SPD Ramped-Up Oil Production at Salym Group of Oil Fields
Russia >> 2/9/2017 - In 2016 the total annual production from the Salym oil fields in Western Siberia, developed by Salym Petroleum Development N.V. (SPD), made 6.166 mln tons. For the first time since 2011 SPD has manage...
January Production Report
Russia >> 2/9/2017 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West ...
Omsk Refinery 2016 Year Show a Proportional Increase in Light Petroleum Products Production
Russia >> 2/9/2017 - Year-end data for 2016 shows the Gazprom Neft Omsk Refinery processed a total 20.5 million tonnes of crude oil, maintaining its leading position in the Russian refining industry. Moreover production o...
Turkish Ambassador Visits BHOS
Azerbaijan >> 2/8/2017 - Rector of Baku Higher School (BHOS) Elmar Gasimov met with the Ambassador of Turkey to Azerbaijan Erkan Ozoral. Welcoming the honorable guest, Mr. Gasimov spoke about close relations between two broth...
China's Guanghui Energy to Invest 700 Mln Yuan in LNG, Gas Infrastructure
China >> 2/8/2017 - China's Guanghui Energy has invested 700 million yuan ($101.73 million) to build two tanks for its Qidong liquefied natural gas (LNG) plant, new natural gas pipelines and natural gas service stations ...
Gazprom Neft & Rostelecom Sign Strategic Partnership Agreement on Innovative Development
Russia >> 2/8/2017 - Gazprom Neft and Rostelecom have signed a strategic partnership agreement on innovative development and the Industrial Internet, the core aim of which is the establishment of long-term and effective c...
Russia Economy - January 2017
Russia Economy - January 2017 Russia >> 2/8/2017 - GDP in Russia contracted by 0.4% y-o-y in 3Q16, the slowest pace since the onset of economic deceleration in 1Q15. Household consumption showed a slower decline of 3.1% y-o-y in 3Q16 compared to 5.2% ...
Daily Gas Production to Reach More than 500 mcm by the End of February 2017
Iran >> 2/7/2017 - Managing Director of Pars Oil and Gas company pointing to the daily production of 480 million cubic meters of gas from South Pars gas field said: “restoring the pipelines of phases 19&16 in two weeks,...
Daily Gas Production to Reach More than 500 mcm by the End of February 2017
Iran >> 2/7/2017 - Managing Director of Pars Oil and Gas company pointing to the daily production of 480 million cubic meters of gas from South Pars gas field said: “restoring the pipelines of phases 19&16 in two weeks,...
Iran, Oman Devise New Pipeline Route to Avoid UAE
Iran >> 2/7/2017 - Oman and Iran have agreed to change the route of a planned undersea gas export pipeline, to avoid waters controlled by the United Arab Emirates, Iran's oil minister said after meeting his Omani counte...
American Oil Firms May Be Hindered Participating in Irans Projects
Iran >> 2/7/2017 - Iran has imposed no restrictions on U.S. oil firms willing to take part in energy projects in the country but American sanctions make such cooperation impossible, Irans deputy oil minister said on Mon...

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