Oil and gas: page 14

Singapore. Oil prices tumbled by more than 2 percent on Monday after U. S. President Donald Trump on Sunday said he would sharply hike tariffs on Chinese goods this week, risking derailing months of trade talks between the world’s two biggest economies. U. S. West Texas Intermediate ...

Moscow. The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that Goldman Sachs Group Inc. predicts will upend energy markets. The Strait of Malacca off Singapore and Malaysia is not only a waterway linking supply from the Middle East, Africa and the U. ...

Moscow. Russian-led gas pipeline project Nord Stream 2 may save the European Union about eight billion dollars annually thanks to a 13 percent drop in costs, according to the enterprise’s operator. “If the pipeline is completed by the end of 2019 and is launched in 2020, ...

Ashgabat. Testing of the main technological units is underway at the gas chemical complex under construction in the Owadandepe village near Ashgabat city, Trend reports referring to the "Neutral Turkmenistan" newspaper. "New car fuel, the production of which is mastered in ...

Moscow. Total investment utilization of Gazprom group for gas, oil, electricity generating, and heat generating assets will amount to 2. 094 trillion rubles (32. 95 bln) in accordance with the investment program for 2019, the company said. In the investment program for 2018, the group ...

Singapore. Oil prices dipped on Tuesday on expectations rising output from the United States and producer club OPEC would offset most of the shortfall expected from U. S. sanctions on Iran, but analysts said markets remained tight. A stutter in China’s factory and servicing industries ...

Berlin. The EU cannot stop the Nord Stream 2, but it needs to make sure that the updated EU Gas Directive is applied to the gas pipeline project, European Commissioner for Budget and Human Resources Guenther Oettinger said on Sunday in an interview with Funke Mediengruppe. "The Nord ...

Moscow. In 1Q2019 Rosneft Aero, a subsidiary of PJSC NK Rosneft, increased its overwing fueling at Russian airports by 9. 5% q-o-q to 458, 000 tons. Overwing fueling operations grew by 13% and amounted to 50, 700 in the reporting period. Rosneft Aero sold over 797 tons of aviation kerosene ...

Washington. It’s becoming increasingly difficult for Anadarko Petroleum Corp. to justify sticking with Chevron Corp. ’s $30. 9 billion takeover as its shares gain following Occidental Petroleum Corp. ’s higher offer. On Friday -- a day when most U. S. oil companies dropped ...

Moscow. The so-called western route of Russian gas supplies to China is going to be the most promising and significant gas transit corridor, Alexei Miller, CEO of Russian gas giant Gazprom, said on Sunday. "Yamal is not merely a new center of gas production. It is a richest gas ...

Singapore. Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U. S. sanctions against Iran. Brent crude futures were at $71. 80 per barrel at 0215 GMT, ...

Tehran. An Iranian Foreign Ministry spokesman blasted the United States for not extending waivers it had given to some countries to get around its sanctions regime against Iran ‒ and Arabic oil exporters who welcomed the decision. The Foreign Ministry said the US and these countries will be ...

Bagdad. Russian companies will develop new oilfields in Iraq, Deputy Prime Minister Yuri Borisov told. "We agreed that Rosneftegaz and other our companies will take part in this work, " the official said. "Rosneft and Bashneft clinched agreements on exploration and ...

Berlin. The German Ambassador to the United States has asked the US Congress to hold back new sanctions against two of Russia’s biggest gas corporations, as further penalties may put energy security of the European Union in jeopardy. In March, Emily Haber wrote a letter to several ...

Singapore. Oil prices dipped on Friday on hopes that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a tightening of sanctions on Tehran by the United States. Despite this, oil markets remain tight amid supply disruptions and rising ...

Moscow. While Nord Stream 2 has prompted considerable opposition in the US, Poland, Ukraine, and some other countries which have described the project as a political instrument, German Chancellor Angela Merkel agrees with Russian President Vladimir Putin’s view that the issue of Nord ...

Bagdad. Iraqi Oil Minister Thamir al-Ghadhban on Wednesday said that the ministry is planning to conduct oil and gas explorations in the desert in western Iraq within the next four years, Trend reported citing Xinhua. "The plans of the ministry in the next four years are aimed at ...

Moscow. A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of Verbundnetz Gas (VNG), took place tin Moscow. The parties discussed their ongoing and future cooperation, in particular the interaction ...