Oil and gas: page 14

Minsk. Mozyr Oil Refinery has launched the processing of the first batch of Azerbaijani oil, spokesman for the Belarusian state petrochemical concern Belneftekhim Aleksandr Tishchenko told BelTA. “Oil delivered by the first tanker to Odessa reached Mozyr Oil Refinery via the oil ...

Tokyo. Oil prices surged as much as nearly 20% on Thursday, bouncing back from days of heavy losses in a relief rally that may yet be short-lived, analysts warned, but which was stoked by economic stimulus efforts to ward off a global coronavirus recession. Brent crude LCOc1 was up $2. 10, ...

Minsk. The second tanker bearing oil bought from traders for the Belarusian oil refinery OAO Naftan arrived in the Klaipeda port today, BelTA learned from Aleksandr Tishchenko, Press Secretary of the Belarusian state petrochemical concern Belneftekhim. The official said: “A tanker ...

Baku. Mozyr Oil Refinery JSC in Belarus has started refining the first batch of Azerbaijani oil purchased from State Oil Company of Azerbaijan SOCAR, Spokesperson of the Belarusian State Concern for Oil and Chemistry (Belneftekhim Concern) Alexander Tishchenko told Trend. “The first ...

Rostov. LUKOIL has started to perform wind monitoring, which is the first stage of developing feasibility study for constructing a wind power plant (WPP) near the current Tsimlyansk HPP in Rostov Region. The site for the WPP has been chosen considering a positive wind potential assessment, ...

Moscow. Russian President Vladimir Putin has urged to hold control over petroleum products prices. "Summer diesel prices have slightly increased, while winter (diesel prices) added more, but also within inflation. Whereas (prices of) 92 (Octane) gasoline gained 10. 44% in one year. ...

Tokyo. Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns triggered by the coronavirus epidemic. Brent crude LCOc1 was up by 34 cents, or 1. 2%, at $29. 07 a barrel by 0238 GMT, ...

Baku. Chesapeake Energy Corp (CHK. N), the oil and gas exploration and production company that helped spearhead the U. S. shale revolution, has tapped debt restructuring advisers amid a rout in energy prices, people familiar with the matter said on Monday, told Trend. The Oklahoma ...

Minsk. Belarus is doing everything to buy oil at an advantage considering massive fluctuations of the global prices for oil, BelTA learned from Aleksandr Tishchenko, Press Secretary of the Belarusian state petrochemical concern Belneftekhim. The official said: “We are doing everything ...

Moscow. The Power of Siberia gas pipeline that supplies gas to Russia’s Far East and China has been halted for scheduled maintenance until April 1, Gazprom press service said in a statement on Monday. "Today, at 5:00 am Moscow time, scheduled maintenance started at the Power of ...

Baku. Gas prices in Europe for 2020 are now forecast to fall more than previously expected, to below $4 per million British thermal units (MMBtu) on average, according revisions to January forecasts of Rystad Energy, an independent energy research and business intelligence company. ...

Singapore. Oil rose more than $1 on Tuesday as bargain hunters emerged after recent sharp falls due to the coronavirus pandemic and the price war between Saudi Arabia and Russia, but fears of a recession still dragged on the market. Brent crude LCOc1 was up by 1. 8%, or 55 cents, to $30. ...

New York. At two gasoline stations in Scarsdale, a wealthy suburb of New York City not far from one of the nation’s worst outbreaks of coronavirus, attendants whiled away the minutes on a rainy Friday morning at what would normally be their busiest time of day. “We’ve had ...

Baku. First gas will be introduced into the Albanian and Italian sections of the Trans Adriatic Pipeline (TAP) in coming weeks, Vugar Veysalov, TAP Head of External Affairs, told Trend. "Following the commissioning of the first section of the pipeline at the end of November 2019, gas ...

Singapore. Oil extended losses on Monday as an emergency rate cut by the U. S. Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus while a price war rages on between top producers. Brent crude fell $1. 13 to $32. 72 a barrel by 0230 GMT, ...

Gomel. The industrial group Belorusneft intends to open 180 fast charging stations in 2020, the company's press service told BelTA. Since the beginning of the year Belorusneft's chain of vehicle charging stations has grown larger with 13 stations, bringing their total number to 251 ...

Baku. Kazakhstan’s Senate (upper house) of the parliament has approved the draft law on ratification of the agreement between Kazakhstan and Russia for gas supply to Kazakhstan’s Baikonur city, Trend reports with reference to the press office of the Senate. In Jan. 2020, the ...

Moscow. The Government of the Stavropol Region and LUKOIL have concluded a supplementary agreement on cooperation to develop public amenities. According to the document, the company will render support to acquire equipment for the Nika sports club in the city of Budyonnovsk that will be used ...