By Timothy Abraham. This week’s review looks at the situation in exploration and production under low oil prices; developments in the Middle East; coal power updates from China and India.
by Sophie Nguebana This week’s review looks at China and Saudi Arabia’s strengthening cooperation in the energy sphere, Gazprom Neft’s first steps in fracking, Hyundai Engineering’s investment in Iran and Total’s production start at Congo’s Moho Nord oil field. China and Saudi Arabia Strengthen their relations Saudi Arabian King Salman visited China, a key stop in […]
By Daniel Tsvetanov Gazprom’s subsidiary South Stream Transport B.V. and the Swiss-based company Allseas Group S.A. signed a contract to build the second string of the Turkish Stream gas pipeline’s offshore section. The deal was signed on 21 February, 2017, in Amsterdam; it complements the previous agreement of building the first string of Turkish Stream […]
By Elisabeth Nguebana. This week’s review looks at Shell’s sale of assets in Canadian Oil Sands; Rosneft’s partnership with David Yakobashvili; and Eni’s acquisition in the Eastern Mediterranean Sea.
By Sophie Nguebana On February 21, 2017, UK has imported its first LNG cargo from the American continent: Peru LNG’s tanker called Gallina brought some 60 thousand tonnes of LNG. The price of this delivery was linked to the UK’s National Balancing Point. The tanker came from Peru via the Panama Canal, which was recently […]
By Alexander Geysman This week’s review looks at how European oil majors are cutting costs and selling their assets in sub-Saharan Africa, while the US oil sector is booming. Some topics never disappear from our discussions here at ENERPO, so we touch upon the Russian developments as well. European Majors in downturn French oil group […]
by Alberto Perego Italy is the only G8 member that doesn’t use nuclear power plants for electricity generation. Germany is on the way of phasing out nuclear, and some other countries in Europe and beyond are considering following Germany’s example. Italy stopped its NPPs a while ago. In this article, I would like to look […]
by Sophie Nguebana This week’s review looks at the Gazprom and Rosneft dispute over gas deliveries, Exxon’s cuts in its reported reserves, Rosneft’s cooperation with the National Oil Corporation (NOC) in Libya, and finally the Aramco IPO which could push other gulf states to list oil assets. Gazprom and Rosneft dispute over gas deliveries Rosneft […]
by Elisabeth Nguebana This week’s issue looks at the North Stream 2 disagreement, the Donbass Blockade, and South Korean refiner SK purchase of Russian Urals crude for the 1st time in a decade. Gazprom’s pipeline ambition faces test in European courts Gazprom’s Nord Stream 2 project faces a test in European courts, as Poland, the main […]
by Timothy Abraham – Photo by Jerry Mathes II This week’s review looks at OPEC’s efforts in cutting oil production with a particular focus on Venezuela and financial, legal and practical developments in the European energy market. OIL OUTPUT, OPEC AND BEYOND OPEC beats oil output cut expectations, according to the International Energy Agency. The November […]