Oil and gas: page 21

Tokyo. Oil prices climbed on Friday after Russia said it backs a recommendation for OPEC and other producers to deepen output cuts amid falling demand for crude as China battles the coronavirus epidemic that has hit global markets. Brent crude LCOc1 futures rose 34 cents, or 0. 6%, to $55. ...

Moscow. Transneft has received a provisional application from Tatneft on supply of 80, 000 tonnes of oil to Belarus in February, Chief Executive Officer of Russia’s pipeline monopoly Nikolai Tokarev told reporters on Wednesday. "Only Safmar and Tatneft have applied (for 80, 000 ...

Baku. Being one of the key stakeholders in support of renewable energy (RES) projects, the Development Bank of Kazakhstan (DBK) seeks to expand the portfolio of RES projects and is ready to co-finance the creation of green capacity of Kazakhstan’s electricity industry, a representative of ...

Ashgabat. ​President of Turkmenistan Gurbanguly Berdimuhamedov hosted the head of LUKOIL Vagit Alekperov today in Ashgabat. The parties exchanged views on the prospects for the development of the oil and gas industry in Turkmenistan. As Vagit Alekperov noted during the meeting, LUKOIL ...

Moscow. The concern Avtomatika (an affiliate of Rostec corporation) has supplied the first batch of mobile systems providing protection from unmanned aerial vehicles (UAVs) to Russian oil and gas companies, the concern’s press-service has said. "Some systems of identification of ...

Minsk. Belarus is interested in duty-free deliveries of oil from Kazakhstan, BelTA learned from Deputy Prime Minister Igor Lyashenko. The official said that the agreement on delivering Kazakh oil and oil products to Belarus is nearly ready, primarily administrative procedures are left to be ...

New York. Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts said treatments have not yet been found. Also supporting oil was news that the Organization of the ...

St. Petersburg. General Shareholders Meeting of Gazprom to be held on June 26, 2020, in St. Petersburg. Lists of nominees approved for Board of Directors and Audit Commission. The Company's Board of Directors resolved to hold the annual General Shareholders Meeting of Gazprom on ...

Ashabat. A presentation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project will be held as part of the “Oil and Gas Turkmenistan 2020” International Roadshow scheduled for Feb. 24-25 in Dubai (UAE), Trend reports referring to the Turkmengaz State Concern. ...

Moscow. Terrorists have shelled oil and gas refineries in Syria’s Homs, Syrian Minister of Oil and Mineral Resources Ali Ghanem told SANA news agency. "Terrorist formations have once again attacked Syrian oil and gas facilities, causing material damage, " he said. The ...

Moscow. Rosneft Oil Company joined the leading global oil and gas companies – participants of the global CDP (formerly, Carbon Disclosure Project) Climate Change Rating. As a result of an independent assessment, Rosneft was assigned the “B” rating - the highest among the ...

Singapore. Oil prices climbed more than 1% on Wednesday, boosted by news that OPEC and its producer allies are weighing further output cuts to counter a potential squeeze on global oil demand resulting from China’s fast-spreading coronavirus. Brent crude oil futures LCOc1 were up 74 ...

Nizhnekamsk. The process licensor has successfully carried out guarantee tests of the heavy coking gas oil hydrotreatment unit in the comprehensive testing mode at the TATNEFT’s JSC TANECO oil refinery complex. The hydrotreatment technology for petroleum feedstock is one of the most ...

Minsk. On 1 February Belarus raised customs duties on oil and petroleum products, which are exported beyond the customs territory of the Eurasian Economic Union (EAEU). The decision is laid down in the Council of Ministers' Resolution No. 46 of 28 January 2020, BelTA has learned. The ...

Tokyo. The first meeting of the Joint Coordination Committee of Rosneft Oil Company and the Agency for Natural Resources and Energy of Japan (ANRE) has been held in Tokyo. The Memorandum to establish the Committee was executed during the 5th Eastern Economic Forum in Vladivostok in 2019 in order ...

Moscow. Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz Al Saud discussed the current situation on the global hydrocarbons market and confirmed readiness to coordinate activities in the OPEC+ format to support stability of the global oil market, the Kremlin’s press ...

Singapore. Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday’s sharp sell-off on fears of the impact of the China coronavirus on demand sent crude to its lowest level in more than a year. Brent crude was at $54. 66 a barrel by ...

Houston. Union workers at Exxon Mobil Corp’s (XOM. N) Baytown, Texas, refinery rejected a contract extension in voting completed on Friday, said sources familiar with the vote. Members of the United Steelworkers (USW) local 13-2001 in the refinery and laboratory voted down the ...