Oil and Gas Industry Latest News

15.03.2013 Gazprom Neft Contracts Drilling Rig for Geological Exploration of Dolginskoye Field on Arctic Shelf

Gazpromneft Sakhalin, a subsidiary of Gazprom Neft and the operator of Dolginskoye oil field located on Russia’s Arctic shelf, has contracted the GSP Jupiter, a jack-up drilling rig.

15.03.2013 Petromanas Provides Update on Drilling of Shpirag-2 Well

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on the drilling of its Shpirag-2 well.

15.03.2013 Chairman of the Gazprom Management Committee Alexey Miller visits CNPC

On March 13, a Gazprom delegation led by Alexey Miller, Chairman of the Management Committee, paid a visit to CNPC in Beijing, where they had friendly talks with CNPC Chairman Jiang Jiemin and the Company’s President Zhou Jiping.

15.03.2013 Eni Releases 2013-2016 Strategic Plan

Paolo Scaroni, CEO of Eni, today presents the company’s 2013-2016 Strategic Plan to the financial community.

    E&P: exceptional growth opportunities
         > 4% hydrocarbon production CAGR to 2016, >3% 2016-2022

15.03.2013 Eni Sells 20% Share of Area 4 in Mozambique to CNPC and Signs Joint Study Agreement for Development of Rongchang Shale Gas Block in China

CNPC's entrance into Area 4 is strategically important for the project thanks to the worldwide relevance of the new partner in the upstream and downstream sectors.

15.03.2013 Rosneft Gets License for Yuzhno–Kuchansk Oil Deposit in Krasnodar

Oil major Rosneft has received a license for the geological exploration of the Yuzhno–Kuchansk oil deposit in the Krasnodar Region in the south of Russia, the company said on Thursday, Prime reports.

The license will expire on March 12, 2018.

15.03.2013 Russia’s Novatek Wins Tender for Yamal Field with 3 Billion Ruble Bid

Prime reports that the Russian gas company Novatek has won a license for the exploration and development of the Vostochno-Tazovskoye Deposit located in the Yamalo-Nenets Autonomous District in Western Siberia with a bid of 3.19 billion rubles, the Federal Mineral Resourc

15.03.2013 Korea Gas' 2012 LNG Imports Rise 2.9% to 34.97 Million Tons as Profits Increase

Platts reports that South Korea's state-run Korea Gas Corp, the world's largest buyer of LNG, said Thursday it imported 34.97 million mt of LNG in 2012, up 2.9% from a year earlier.

15.03.2013 CNOOC Expands LNG Facility in Fujian

ChinaScope Financial reports that China National Offshore Oil Corporation (CNOOC), parent of CNOOC Ltd.

15.03.2013 Gazprom Explores Gas Ties With China

UPI reports that Gazprom is working on technical parameters of a pipeline to deliver natural gas to the Chinese market, company Chairman Alexei Miller said.