Oil and Gas Industry Latest news

08.07.2014 Naftogaz Will Not Lease Ukrainian Pipeline System to Russian Companies

The Ukrainian authorities are ready to lease the country’s gas transportation network to all foreign companies, except Russian entities, Naftogaz head Andrei Kobolev said in an interview on Ukrainian television.

08.07.2014 Total General Director Says Euro Must Play Larger Role in Oil Export

Total general director Christophe de Margerie said he believes the Euro should play a larger part in the global hydrocarbon trade.

08.07.2014 Libya Opens Its Main Oil Export Ports

Libyan authorities announced that the country’s main oil terminals – Es-Sid and Ra’s-Lanuf, were to resume operations.

08.07.2014 Komarova to Restructure Yugra Based on Presidential Administration Recommendations

Regional governor Natalia Komarova has begun implementing “The 20-30 Strategy”.  Diversification of economy and transformation of “one-company towns” are on the agenda.

08.07.2014 Gazprom Resumes Gas Supplies Through Blue Stream One Day Early

Gazprom resumed gas supply to Turkey via the Blue Stream ahead of time, after completing  scheduled annual maintenance and workover. Gas deliveries resumed at 9 a.m. local time, one day ahead of schedule.

08.07.2014 Shell Holds To Shale Plans in Ukraine

Shell still intends to produce gas from compacted sand in Ukraine. Currently, work has reached the first, preparatory, stage – a baseline environment status evaluation of Yusovsky site.

07.07.2014 Mandatory EIA for Shale Gas Development – EU Recommendations Target Fracking

The recent turbulence in Ukraine and Russia’s politics have multiple dimensions. Energy  security is a major concern, particularly for those European countries which heavily rely on Russian gas supplies.

07.07.2014 Russia will make every effort to help secure Iran nuclear deal: statement

The Russian delegation at the nuclear talks between Iran and the major powers will make every effort to help secure a comprehensive deal on Tehran’s nuclear program by the July 20 deadline, the Russian Foreign Ministry said in a statement issued on Friday.

07.07.2014 Germany Could Outlaw Fracking Until 2021: Ministers

Germany could ban fracking until at least 2021 and strictly regulate the use of any such technology in future under policy proposals drawn up by the economy and environment ministers.

07.07.2014 AGR Software Solutions builds on PETRONAS' success

Global oil and gas service company, AGR, has been awarded a software contract with Malaysian oil and gas company, PETRONAS Carigali Sdn Bhd (PCSB).