All news: page 49
November 26, 2019/ 09:19
Gas injection volume by Azerbaijan’s Azerigaz Production Union reaches record high
Baku. The volume of gas injected by Azerbaijan’s Azerigaz Production Union (PU) for the provision of subscribers has reached a record level, Trend reports citing the Union.
As of Nov. 23 this year, the total volume of injected gas exceeded 32. 9 million cubic meters. Some 18. 2 ...
November 26, 2019/ 08:15
Zelenky’s office: Zelensky, Putin discuss gas talks, handover of Ukrainian ships
Kiev. Ukrainian President Vladimir Zelensky on Monday had a telephone conversation with his Russian counterpart, Vladimir Putin, to discuss progress at the gas talks and the issue of the return of equipment from Ukraine’s warships, the press service of the Ukrainian presidential office ...
November 26, 2019/ 07:11
Oil prices steady as U.S.-China trade deal talks seek breakthrough
Tokyo. Oil prices were steady on Tuesday, hanging onto gains from the previous session, after comments from the United States and China kept alive hopes that the world’s two largest economies are soon to agree on ending their trade war.
Brent crude futures LCOc1 were down 1 cent at ...
November 25, 2019/ 11:02
Arctic equipment test range to be created in 2023
Murmansk. A test range for oil and gas and mining equipment for the Arctic Region will be created in Murmansk in 2023, Russian Minister of Industry and Trade Denis Manturov told.
Project financing can start in 2021, the Minister noted. "Considering that the development will take ...
November 25, 2019/ 10:04
Year-to-date gas exports to Austria exceed record supplies of 2018
Moscow. 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 parties discussed the topical issues of cooperation, highlighting in particular the growth of ...
November 25, 2019/ 09:20
Deputy transport minister: Sovcomflot may be privatized in 2020
Moscow. Privatization of the Russian shipping company Sovcomflot may take place in 2020 and the company is ready for that, Deputy Transport Minister Yury Tsvetkov told.
"My answer is positive. Certainly, it may take place. Sovcomflot is always in the standby for privatization and it ...
November 25, 2019/ 08:18
Saudis unlikely to push for deeper OPEC cuts
Baku. Saudi Arabia is unlikely to push for deeper oil cuts in OPEC during the upcoming meeting in Austria, Trend reports citing UK-based Capital Economics research and consulting company.
“There has been a lot of speculation in the press about the possible outcome of the upcoming OPEC+ ...
November 25, 2019/ 07:10
Oil kicks off week with gains on fresh hopes for U.S.-China trade talks
Singapore. Oil prices began the week on a brighter note on Monday, posting early gains as positive noises from Washington over the weekend rekindled optimism in global markets that the United States and China could soon sign a deal to end their bitter trade war.
Pumpjacks are seen against ...
November 22, 2019/ 11:02
Russia’s Nord Stream 2 gas pipeline to Europe to start operating in mid-2020
Moscow. The Nord Stream 2 project designed to deliver Russian natural gas to Germany and other European customers will start working in the middle of next year, Deputy Prime Minister Dmitry Kozak said.
He gave no other details about the exact date of the pipeline’s launch. Earlier, ...
November 22, 2019/ 10:12
LUKOIL receives winter preparedness certificates
Moscow. All LUKOIL Group's facilities received winter preparedness certificates for 2019 – 2020.
With action plans to get prepared for operation in autumn and winter of 2019 already developed, LUKOIL's power generation facilities have started weekly monitoring to ensure ...
Kazakhstan, US agree on Central Asia regional energy market creation
Baku. On November 21, 2019, Kazakhstan and US signed a memorandum of understanding, which will help create Central Asia Regional Energy Market (CAREM), thus making an important step in strengthening energy cooperation, Trend reports with reference to the press office of US embassy in ...
November 22, 2019/ 08:44
Transneft completes work at Druzhba pipelines and facilities
Moscow. Transneft-Druzhba, a subsidiary of the Russian oil pipeline operator Transneft, completed scheduled activities at the Kuibyshev - Unecha-2 main oil pipeline, section No. 42 of the main oil product pipeline and on site facilities, the company said.
Work was performed in the ...
November 22, 2019/ 07:10
Oil falls from two-month high as U.S.-China trade doubts dominate
Singapore. Oil prices were toppled from their highest in nearly two months on Friday by doubts over future demand for crude as uncertainty continues to shroud a potential U. S. -China trade deal, and along with it the health of the global economy.
That was more than enough to offset news of ...
November 21, 2019/ 14:31
20.086 mln tons of oil were produced in KhMAD in October 2019
Khanty-Mansiisk. 20. 086 mln tons of oil were produced in KhMAD in October, which is 0. 549 mln tons more than in September, according to the estimates by the Oil and Gas Information Agency.
The average daily production increased by 3. 3 thousand tpd and amounted to 647. 9 thousand tons. ...
November 21, 2019/ 11:02
OPEC’s flaring political crises add new risk for oil supplies
Moscow. OPEC may have no appetite to cut oil production deeper when it meets next month, but flaring political crises across the group are once again threatening supply.
Unrest erupted in Iraq and Iran this month -- two of the Middle East’s biggest producers -- as people took to the ...
November 21, 2019/ 10:02
Caspian pipeline consortium marine terminal loads 6,000th tanker
Baku. Caspian Pipeline Consortium (CPC) Marine Terminal in Yuzhnaya Ozereevka loaded the 6, 000th marine tanker since the Consortium started to operate, Trend reports citing CPC.
The milestone tanker was «FOLEGANDROS» of Shipper KazMunaiGaz. The tanker was loaded as normal and ...
November 21, 2019/ 09:03
EC source: Russia, Ukraine and EU to summarize gas consultations next week
Brussels. Representatives of Russia, the European Union and Ukraine made a decision to continue talks in coming days and summarize results next week after technical consultations on gas ended today, a source in the European Commission told TASS.
"A senior official’ trilateral ...
November 21, 2019/ 08:18
LUKOIL’S Rakushechnoye field renamed after Valery Grayfer
Moscow. The oil and gas condensate field of PJSC LUKOIL, formerly known as Rakushechnoye, located within the Severnyi Area in the Russian Sector of the Caspian Sea has been renamed after Valery Grayfer by order of the Russian Federal Agency on Subsoil Use.
One of the Company's ...