Post Tagged with: "Gazprom"

Source: Reuters

U.S. sanctions block hurry-up work on Russian gas pipeline: officials

Reuters


WASHINGTON – Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, senior U.S. officials said on Sunday.

President Donald Trump signed a bill …

U.S. Gas Heads to Eastern Europe: Bulgaria Makes First U.S. Buy with Two LNG Cargoes

U.S. Gas Heads to Eastern Europe: Bulgaria Makes First U.S. Buy with Two LNG Cargoes

Cheniere, BP are the sellers

From Reuters

SOFIA, May 31 (Reuters) – Bulgaria has agreed to buy U.S. natural gas for the first time, signing a deal for a delivery in the second quarter and another in the third, the …

May 31, 2019 - 3:26 pm Closing Bell Story‎, Energy News, LNG
Source: Gazprom LNG Storage Tanks

Shell Exits Gazprom-Led LNG Project In Russia

From Reuters

Royal Dutch Shell has decided to exit a Baltic liquefied natural gas (LNG) project led by Russian state gas major Gazprom on the Russian Baltic coast.

The development comes as Western firms struggle to expand in Russia because …

April 10, 2019 - 3:52 pm Closing Bell Story‎, Energy News, Natural Gas News
Source: http://www.gazprom.com/press/gallery/events/649250/

Gazprom Starts Development of Giant Kharasavey Gas Field

From S&P Global Platts

Yamal-based field holds some 2 Tcm of gas

First Kharasavey production expected in 2023

London — Russia’s Gazprom on Wednesday began the “full-scale” development of the giant Kharasavey gas field on the northern Russian Yamal peninsula …

March 21, 2019 - 5:43 am Closing Bell Story‎, Energy News
Source: http://www.gazprom.com/press/gallery/events/649250/

Russia’s Three-Decade Deal to Move Gas from Siberia to China will Start in Early Dec. 2019

Russia's Far East gas to start China deliveries by December...

February 18, 2019 - 8:49 am Closing Bell Story‎, Press Releases
Nord Stream and Nord Stream 2 Pipelines

Nord Stream 2 Getting Closer Faster

The four individual pipes will deliver a combined capacity of 10.64 Bcf/d of gas to European markets

Permits for the Nord Stream 2 project are currently being drawn up. National environmental impact assessment reports were submitted to the German, Danish, …

Source: OMV

OMV Signs $2 Billion Siberian Gas Deal with Uniper SE

OMV Yuzhno Russkoye natural gas field acquisition

OMV Exploration & Production GmbH has completed the acquisition of a 24.99% share in the Yuzhno Russkoye natural gas field located in Western Siberia from Uniper SE. The purchase price paid by OMV …

Source: http://www.gazprom.com/press/gallery/events/649250/

Gazprom Reports $17.5 Billion of Profit in 2016 Despite Weaker Pricing

Gazprom continues to sell an increasing amount of gas to Europe

Russia’s state-owned gas giant Gazprom (ticker: OGZPY) announced its financial results for full-year 2016 Thursday, reporting a stronger profit despite lower sales prices.

The company supplied a record 178.3 …

Source: Novatek

Russia Signs 23 Energy Agreements with Japan

Russia and Japan ink 23 energy-related agreements including offshore and LNG

Russia and Japan deepened ties between the neighboring countries over the weekend as Russian President Vladimir Putin visited Japanese Prime Minister Shinzo Abe in Japan.

The talks were set …

Source: http://www.gazprom.com/press/gallery/events/649250/

Gazprom is the First Russian Company to Frac a Horizontal Well Start to Finish

Gazprom Neft completes nine-stage frac job in the Bazhenov formation, but is the formation economic?

The oil production arm of Russia’s state-run gas giant Gazprom (ticker: OGZPY) announced this week that the company completed a nine-stage horizontal well in the …

Source: Gazprom St Petersburg International Economic Forum

Oil Prices Hurting Russian Deals, Russia Trying to Lure Back Investment

Oil and gas deal pipeline relatively thin at this year’s St. Petersburg Economic Forum

There was a stronger showing of the heads of international oil and gas companies at this year’s St. Petersburg Economic Forum, but deals remained relatively light.…

Russia Performing Better in May

Russia Performing Better in May

In a 7-2 victory over the U.S., Russia took the bronze medal in the world ice hockey championships on May 22. The victory over the team from the United States marked the third time in four years the U.S. has …

More Loans from China — BOC Lends Gazprom $2.2 Billion

More Loans from China — BOC Lends Gazprom $2.2 Billion

‘Sitting in Ambush’ for Russian Companies

Bank of China has agreed to loan Russian state-owned gas giant Gazprom (ticker: OGZPY) €2 billion ($2.17 billion). In the company’s press release, Gazprom said the loan was the largest deal in terms …

Source: Gazprom. LNG Tanker

Gazprom “Relaxed” About U.S. LNG

Deputy Chairman Medvedev says there’s no reason to start a price war with the U.S.

Russia’s state-controlled gas giant Gazprom (ticker: OGZPY, Gazprom.com) has no plans to start a price war with the U.S. over natural gas in Europe, …

Source: http://www.gazprom.com/press/gallery/events/649250/

Gazprom Holds First New York Investor Meetings Since its Pivot to Asian Markets

Non-Public Budget Indicates Gazprom Plans to Increase its European Market Share by 2%

Russia’s state owned gas giant Gazprom (ticker: OGZPY, Gazprom.com) is hoping to increase its share of the European market to 33% this year, 2% more than …

As ConocoPhillips Exits Russia, Tehran and Moscow Strengthen their Energy Ties

As ConocoPhillips Exits Russia, Tehran and Moscow Strengthen their Energy Ties

ConocoPhillips sells stake in Rosneft joint venture

Five years ago, U.S. oil major ConocoPhillips (ticker: COP) sold its single largest asset in Russia, a stake in Lukoil (ticker: LKOH), for $9.5 billion.

Last week COP announced that it has sold …

Source: Kremlin.ru

Putin Gives His Outlook on Oil and Gas, Russia’s Economy

Exploration is a Major Part of Our Future

During his time in office, both as the Russian president and prime minister, President Vladimir Putin has held a conference every year. The conference is held with members of the press, both …

Source: Gazprom. LNG tanker

Russia will Remain the Main Supplier of NatGas to Europe: Souki

Cheniere on track for LNG shipments starting in January

Cheniere will not replace Russia as the dominate source of gas in Europe, according to Cheniere (ticker: LNG) CEO Charif Souki. Cheniere, which is headquartered in Houston, is expected to start …

October 27, 2015 - 1:19 pm International, LNG, Oil and Gas 360 Articles
Will Russia Survive the Oil & Gas Downturn?

Will Russia Survive the Oil & Gas Downturn?

Russia Experts Discuss How Today’s Commodities Prices and Shifting Market Dynamics are affecting the Russian Oil & Gas Industry in this Exclusive Oil & Gas 360® Analysis

Around the world, in places where oil and gas is a dominant resource, …

Ukraine to Purchase $1.3 Billion in NatGas from Russia

Ukraine to Purchase $1.3 Billion in NatGas from Russia

Ukraine and Russia agree on a new “Winter Deal”

After months of negotiation mediated by the European Union, Russia and Ukraine have come to an agreement on the price for gas from Russian monopoly Gazprom (ticker: OGZPY) for the coming …

September 30, 2015 - 4:46 pm International, Oil and Gas 360 Articles
Russia Turning to China for Long-Term Funding

Russia Turning to China for Long-Term Funding

Chinese Fund Buys 9.9% Stake in $27 Billion Russian LNG Project

Since the implementation of U.S. sanctions against Russia for its actions in Crimea, one of the major challenges facing the Russian oil and gas industry is gaining access to

September 29, 2015 - 2:44 pm International, LNG, Midstream, Oil and Gas 360 Articles, Popular
Nord Stream 2 Gas Pipeline Could Pose Risk for Gazprom

Nord Stream 2 Gas Pipeline Could Pose Risk for Gazprom

Gazprom faces obstacles to financing $11 billion project in current market – Fitch Ratings

Russian gas giant Gazprom (ticker: OGZPY) may not have the financial strength to follow through on the construction of its Nord Stream 2 project, according to …

September 22, 2015 - 5:04 pm International, Midstream, Oil and Gas 360 Articles
Source: http://www.gazprom.com/press/gallery/events/649250/

Gazprom Takes New Approach with Natural Gas Auction

Gazprom makes first steps towards spot market pricing with natural gas auction

Russia’s state-owned gas giant Gazprom (ticker: OGZPY) announced that it will hold a natural gas auction in Europe as the company explores new ways to expand its market …

September 8, 2015 - 2:11 pm International, Midstream, Oil and Gas 360 Articles
Ukraine Calls for Another Gas Deal, 20% Debt Write-Down with Russia

Ukraine Calls for Another Gas Deal, 20% Debt Write-Down with Russia

Ukraine hopes to return to last winter’s gas deal

Ukrainian Prime Minister Arseniy Yatsenyuk said last Friday that Ukraine and Russia should implement a similar deal to the one reached last winter for the coming months, reports the Associated Press

August 31, 2015 - 5:27 pm International, Midstream, Oil and Gas 360 Articles
Rosneft HQ with Kremlin in the background Source: Rosneft

Russia is the World’s Largest Producer of Crude Oil and Lease Condensate – EIA

Russia produced roughly 10.9 MMBOPD in 2014

While the United States became the world’s largest producer of hydrocarbons in 2014, Russia remained the largest producer of crude oil and lease condensate, according to the U.S. Energy Information Administration (EIA). …

Rosneft Asks Russia for an End to Gazprom’s Export Monopoly

Rosneft Asks Russia for an End to Gazprom’s Export Monopoly

Update: Energy Minister Wants to Maintain Monopoly

Alexander Novak, the Energy Minister of the Russian Federation, came out in favor of continuing Gazprom’s monopoly of exporting pipeline natural gas on July 28, reports Russian news agency Tass. “We are …

July 23, 2015 - 6:26 pm International, Oil and Gas 360 Articles
Gazprom Gas Production Down 19% Year-over-Year

Gazprom Gas Production Down 19% Year-over-Year

Russia’s gas giant faces falling demand at home and abroad, lowest output in company history

Gazprom (ticker: OGZPY), Russia’s state-owned gas giant, is seeing rapidly declining production as demand for its gas falls both at home and abroad. The company’s …

Source: http://www.gazprom.com/press/gallery/events/649250/

Turkmenistan: Gazprom Has Become an Insolvent Partner

Turkmenistan’s gas company says Gazprom has yet to pay for Turkish gas this year

An official release from Turkmenistan’s state-run Turkmengas claimed that Russia’s gas giant Gazprom (ticker: OGZPY) had “become an insolvent partner … due to the continued global …

July 9, 2015 - 4:55 pm International, Oil and Gas 360 Articles
Russia Cuts Off Gas Supplies to Ukraine Over Pricing Dispute

Russia Cuts Off Gas Supplies to Ukraine Over Pricing Dispute

Russia offers $40 per Mcm discount on gas, but Ukraine says no

Russian state-owned energy giant Gazprom (ticker: OGZPY) announced that it is halting gas flows to Ukraine amid a pricing dispute. Gazprom CEO Alexi Miller said Gazprom has not …

July 2, 2015 - 3:29 pm International, Oil and Gas 360 Articles
Source: Rosneft Komsomolsk Refinery

Over $1 Billion in Deals coming out of Forum in Russia

Attendance at this year’s St. Petersburg International Economic Forum (SPIEF) is up from a year ago when many Western companies decided to decline invitations in the wake of Russia’s involvement in Ukraine. This year, many American companies have decided to …

June 19, 2015 - 4:59 pm International, Midstream, Oil and Gas 360 Articles, Popular