Publication: Oil & Gas Eurasia

First reported 6 hours ago - Updated 6 hours ago - 1 reports

Uganda Aims For Commercial Oil Output By 2016

Uganda is aiming for commercial output of oil by 2016 at the earliest, as the landlocked east African nation seeks cheaper energy and funds for infrastructure projects, Reuters has reported.Explorers struck oil in east Africa's third largest economy in ... [Published Oil & Gas Eurasia - 6 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Petroceltic Shares ‘Significantly Undervalued’ Ahead Of Kurdistan Drilling

Petroceltic (LON:PCI) shares are significantly undervalued in the run up to potentially significant drilling in Kurdistan, says Dublin based broker Davy, according to a report on Proactive Investors.Drilling is expected to start on the Hess operated Shakrok ... [Published Oil & Gas Eurasia - 6 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports
Gazprom OAO
Gazprom OAO

Gazprom From Barents To Baltics

Gazprom leaders in a board meeting this week officially stated that the Shtokman project remains on the company agenda. However, sources near the company at the same time admit that the Shtokman field is being abandoned and that the giant project will ... [Published Oil & Gas Eurasia - 6 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports
Marubeni Corporation
Marubeni Corporation

Gazprom May Lack Funds For Vladivostok-LNG Project

WEB EXCLUSIVE, Moscow. The $7 billion which Gazprom has budgeted to build an LNG production facility under the Vladivostok-LNG project may not be enough, say experts from VTB Capital. "We have serious doubts that the Russian gas company can build the ... [Published Oil & Gas Eurasia - 6 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Russian Energy Ministry Submits Bill to Stimulate Tight Oil Production

The Russian government has submitted a bill to the Duma on stimulating the development of difficult oil reserves. The bill was drafted as a joint effort by the Russian Energy and Finance ministries, the Energy Ministry reported in a news release. It is ... [Published Oil & Gas Eurasia - 6 hours ago]
First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Investment Race U.S. Energy Sector Attracts Foreign Capital to Shale

Foreign investment in the U.S. oil and gas sector is at an all-time high, with private international and foreign state-owned energy companies citing the potential for high returns and low associated commercial and political risks as major factors that ... [Published Oil & Gas Eurasia - Jun 18 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports
Ernst & Young
Ernst & Young

Gazprom’s Overseas Challenge Rising LNG Competition Shakes Up Gas Market

Today’s gas market is experiencing a significant influx of new LNG project that, according to Ernst & Young, could double global LNG capacity by 2025. The rise of LNG is leading to greater competition among gas suppliers and will likely result in lower ... [Published Oil & Gas Eurasia - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

San Leon Provides Update on Polish Wells

San Leon Energy has provided the following update on the Czaslaw-1 well in the Nowa Sol Concession in the Southern Permian Basin and the Siciny-2 well in the SW Carboniferous Basin, Poland.Czaslaw-1Based upon the encouraging data obtained during the acid ... [Published Oil & Gas Eurasia - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Belorusneft Tests Advanced Technologies For Well Stimulation

Pilot testing of reservoir cavitation impulse stimulation has been performed at one of the wells of Novo-Davydovsky oil field, Belorusneft reported in a news release.Such technologies will make it possible to enhance the header permeability and oil recovery. ... [Published Oil & Gas Eurasia - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Statoil Sees World Oil Demand Peaking in 2030

World demand for oil will peak around 2030 and will not exceed 100 million barrels per day by 2040, Statoil reported in its annual market outlook on Friday."Fossil fuels are here to stay, but gas is growing the most. For oil demand, we see a peak around ... [Published Oil & Gas Eurasia - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Shale Gas Policy On The Way For India

The government plans to come out with a shale gas policy early next month.“The shale gas policy will be announced in the next 20-25 days…we have sought comments from different ministries and will finalise it by then,” oil minister Veerappa Moily said ... [Published Oil & Gas Eurasia - Jun 17 2013]
First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

Sinopec In Talks To Join Russia's Yamal LNG Project

China's Sinopec is negotiating to join a $20 billion liquefied natural gas project run by Russia's Novatek, a source close to the talks said, which would be the biggest foray yet by a Chinese firm into Russia's Arctic.An agreement, which could be signed ... [Published Oil & Gas Eurasia - Jun 16 2013]

Quotes

...Vladivostok-LNG if companies interested would become strategic partners and contract to buy at least 6 million tons of gas per year from the plant. "We are negotiating on the composition of participants. With Japanese and other companies ... We are offering up to 49% participation to foreign firms under the condition that they be strategic partners" , Markelov said
Gazprom May Lack Funds For Vladivostok-LNG Project [Published Oil & Gas Eurasia - 6 hours ago]
...world, but also for the overall support of production at old fields in regions already developed", Russian Energy Minister Aleksandr Novak said, "Tight oil is already being actively produced around the world (tight oil production worldwide is 19.4%, while in Russia it is only 0.2%). Experts believe that passing this law will bring about 2 billion tons of oil reserves into production, while increasing further exploration and assessments of up to 22 billion tons of tight oil."
Russian Energy Ministry Submits Bill to Stimulate Tight Oil Production [Published Oil & Gas Eurasia - 6 hours ago]
"Fossil fuels are here to stay, but gas is growing the most. For oil demand, we see a peak around 2030" Eirik Waerness, Statoil's chief economist, told reporters
Statoil Sees World Oil Demand Peaking in 2030 [Published Oil & Gas Eurasia - Jun 17 2013]
"The Head of State approved a new concept on the transition to "green economy"... For the successful implementation of the concept an action plan is needed, so I instruct the Ministry of Environmental Protection to develop and submit it to the Government in two weeks" the Prime Minister said, according to the Prime Minister's official website
Kazakh PM Urges Environment Ministry To Develop Action Plan On Transition To Green Economy [Published Oil & Gas Eurasia - Jun 11 2013]

More Content

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Uganda Aims For Commercial Oil Output By 2016 [Published Oil & Gas Eurasia - 6 hours ago]
Gazprom From Barents To Baltics [Published Oil & Gas Eurasia - 6 hours ago]
Petroceltic Shares ‘Significantly Undervalued’ ... [Published Oil & Gas Eurasia - 6 hours ago]
Gazprom May Lack Funds For Vladivostok-LNG Project [Published Oil & Gas Eurasia - 6 hours ago]
Russian Energy Ministry Submits Bill to Stimula... [Published Oil & Gas Eurasia - 6 hours ago]
Investment Race U.S. Energy Sector Attracts For... [Published Oil & Gas Eurasia - Jun 18 2013]
Gazprom’s Overseas Challenge Rising LNG Competi... [Published Oil & Gas Eurasia - Jun 17 2013]
San Leon Provides Update on Polish Wells [Published Oil & Gas Eurasia - Jun 17 2013]
Belorusneft Tests Advanced Technologies For Wel... [Published Oil & Gas Eurasia - Jun 17 2013]
Statoil Sees World Oil Demand Peaking in 2030 [Published Oil & Gas Eurasia - Jun 17 2013]
Shale Gas Policy On The Way For India [Published Oil & Gas Eurasia - Jun 17 2013]
Urals Energy Announces Loan From Petraco Oil Co... [Published Oil & Gas Eurasia - Jun 16 2013]
PGNiG Upstream International Obtains Interests ... [Published Oil & Gas Eurasia - Jun 16 2013]
Sinopec In Talks To Join Russia's Yamal LNG Pro... [Published Oil & Gas Eurasia - Jun 16 2013]
Polish Shale Gas Law "Near Completion" [Published Oil & Gas Eurasia - Jun 14 2013]
Experts Report on Renovation of Main Pipelines ... [Published Oil & Gas Eurasia - Jun 14 2013]
Datum360 announces 3D integration for its Engin... [Published Oil & Gas Eurasia - Jun 13 2013]
Gazprom Backs Out of Greek DEPA Privatization [Published Oil & Gas Eurasia - Jun 11 2013]
Lukoil Suffers Drop in Revenue and Exports at V... [Published Oil & Gas Eurasia - Jun 11 2013]
EIA: Russia Top In Technically-Recoverable Shal... [Published Oil & Gas Eurasia - Jun 11 2013]
Urals Exports Plunge as Russia Refiners Keep Oi... [Published Oil & Gas Eurasia - Jun 11 2013]
Polish Regulations Dampening Interest in Shale ... [Published Oil & Gas Eurasia - Jun 11 2013]
EIA Reduces Poland's Shale Gas Estimates [Published Oil & Gas Eurasia - Jun 11 2013]
Kazakh PM Urges Environment Ministry To Develop... [Published Oil & Gas Eurasia - Jun 11 2013]
China Prepares to Enter Race for Arctic Oil [Published Oil & Gas Eurasia - Jun 11 2013]
Innovative new radar solution unveiled at Nor-S... [Published Oil & Gas Eurasia - Jun 10 2013]
Baker Hughes Announces May 2013 Rig Counts [Published Oil & Gas Eurasia - Jun 10 2013]
Statoil Postpones Barents Drilling [Published Oil & Gas Eurasia - Jun 10 2013]
Po Valley Awarded A New High-Potential Gas Expl... [Published Oil & Gas Eurasia - Jun 10 2013]
Gazprom And Germany To Develop Large-Scale Coop... [Published Oil & Gas Eurasia - Jun 10 2013]
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