page 4
Saudi Arabia has decided to abandon its strategy for growth in oil exports to Asian markets and it is is gradually giving opportunities to its competitors for further increase in prices. It follows from the data on the import of hydrocarbons and …
Gazprom has received a letter from Ukraine’s Naftogaz requesting resumption of natural gas supplies, the Chief Executive Officer of the Russian gas holding Alexey Miller said. “We have indeed received a formal letter from the Chief Executive of Naftogaz of Ukraine with a request to resume natural gas supplies. Nine months are meant: the second half of 2016 and the first quarter of 2017, that is, the forthcoming winter and the preparation period. The change in Ukrainian company’s mood is understandable. Daily reverse from Europe dropped 6.4 times in June as compared to May and 16.8 times vs. April,” TASS cited Miller as saying.
Deliveries of liquefied natural gas (LNG) from the US to Europe will be able to weaken the dependence of gas prices on oil, a press release of the international ratings agency Fitch says. According to analysts, the emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices.
Doubts about the effectiveness of the meeting of oil-producing countries in Doha on April 17 caused the drop in oil prices on world markets. As of 08:27, the price of a barrel of Brent crude dropped 0.35%, reaching $42.68. …
The number of stakes on the fall in oil prices at the New York Mercantile Exchange fell by 131,617, i.e. by 67% in the period from February 2nd. According to the US Futures Trading Commission (CFTC), it was the maximum reduction during …
The Russian Ministry of Economic Development intends to hybridize the tax on financial results (NFR) with an additional income (TAI) in the oil industry, the head of department Alexey Ulyukayev said in an interview with …
Russian President Vladimir Putin, speaking at a meeting with members of the government today, stated about the generally reached agreement on freezing oil production in 2016 at the January level. "We met with the …
Russia and three OPEC member-states – Qatar, Venezuela and Saudi Arabia – agreed to freeze oil production at the level of January 11 at a meeting today in Doha. The Russian Federation was represented by the Minister of …
The German Federal antimonopoly department has given the green light to the creation of a joint venture on 'Nord Stream-2'. The corresponding request was sent earlier to the Polish antimonopoly regulator Urzad Regulacji Energetyki …
Congressional leaders agreed on a fiscal plan that would avert a ban on crude oil exports from the US. The move "puts the United States in the driver’s seat of energy policy worldwide," Bloomberg cited the Republican …
Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan have discussed the Turkish Stream project in Antalya on the sidelines of the G20 summit. The sides agreed to continue developing …
Today Head of Gazprom Alexey Miller has informed about shortening the gas pipeline project Turkish Stream twice. According to his, the power project won’t exceed 32 billion cubic meters of …
