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
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.
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.
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
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.
ChinaScope Financial reports that China National Offshore Oil Corporation (CNOOC), parent of CNOOC Ltd.
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.
UPI reports that international oil company chiefs gathered at a recent energy conference in Algiers hailed the protection Algeria's security forces provide the country's vital energy facilities, despite the January attack at a natural gas complex.
Russia's second-largest gas producer Novatek said on Thursday its subsidiary had won an exploration and production license for an Arctic gas field, in line with plans to increase its resource base, Reuters reports.
Reuters reports that Brazil's President Dilma Rousseff signed into law on Thursday a bill stripping oil-producing states of billions in royalty earnings to share them with non-producing regions, but a legal challenge is expected to the hotly-contested change.