Publication: Oil & Gas Eurasia

First reported 15 hours ago - Updated 6 hours ago - 1 reports

Germany gives nod to RWE unit sale to Russian investor: sources

Germany's economy ministry will approve the sale of utility RWE's oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis, two people familiar with the matter told Reuters.The economy ministry said ... [Published Oil & Gas Eurasia - 15 hours ago]
First reported Aug 20 2014 - Updated Aug 21 2014 - 1 reports

Platts announces global petrochemical prices rose 4% in July

Prices in the $3-trillion-plus global petrochemicals market rose for a second consecutive month, up 4% in July to $1,446 per metric ton (/mt), following a 2% monthly advance in June, according to the just-released monthly Platts Global Petrochemical Index ... [Published Oil & Gas Eurasia - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 21 2014 - 1 reports

Chariot Agrees Farm out in Brazil

Chariot Oil & Gas Limited’s wholly owned subsidiary, Chariot Brasil Petróleo e Gás Ltda., has signed a farm-out agreement with AziLat Limited through its local subsidiary AziBras Exploração de Petróleo e Gás Ltda, the company reported in a news relea ... [Published Oil & Gas Eurasia - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

U.S. Rig Count Keeps Rising as Natural Gas Drilling Improves

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI - Analyst Report) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in ... [Published Oil & Gas Eurasia - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

OPEC ‘unruffled by oil price slide’

OPEC is not worried about a slide in oil prices toward $100 a barrel, delegates from the producer group said, with current levels seen as acceptable for producers while higher seasonal demand in the coming weeks was expected to support the market.Brent ... [Published Oil & Gas Eurasia - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Russian budget strains as oil prices fall below $100/barrel

Russian Urals crude weakened for an eight straight trading day on Monday due to weak European refining demand, falling well below $100 a barrel for the first time in a year in a move to increase the pain for Russian state finances amid Western sancti ... [Published Oil & Gas Eurasia - Aug 20 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

EU suggests Moscow, Kiev resume tripartite gas talks

The European Union has suggested that Moscow and Kiev resume as soon as possible tripartite gas talks and reach an agreement, the EU Council said Friday in a final communique following an extraordinary foreign ministerial meeting on Ukraine.“The Council ... [Published Oil & Gas Eurasia - Aug 18 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Emerson Introduces Rotary Actuators for Internal Valves in LP-gas Services

Emerson Process Management has released the Fisher P700 rotary style actuator for use with Fisher C series internal valves in LP-Gas services.  These actuators offer a reliable method to remotely operate internal valves on storage tanks, bobtail route ... [Published Oil & Gas Eurasia - Aug 15 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Emerson Enhances SCADA System to Streamline Oil and Gas Operations

Emerson Process Management has released the OpenEnterprise v3 SCADA platform for the upstream production and distribution market.  The new OpenEnterprise release offers ease-of-use and expanded device connectivity for communication protocols. User-friendly ... [Published Oil & Gas Eurasia - Aug 15 2014]
First reported Aug 14 2014 - Updated Aug 15 2014 - 1 reports

EU seeking stop to Islamic State oil sales from Syria

The European Union is looking into how it could tighten sanctions to stop Islamic State militants from selling oil from fields they have overrun in Syria, a European diplomat said on Wednesday.The issue could come up at an emergency meeting of EU foreign ... [Published Oil & Gas Eurasia - Aug 14 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

TATNEFT Successfully Completes Compliance Audit

A supervisory audit of the integrated management system (IMS) of industrial safety, occupational health and environment control for compliance with international standards ISO 14001:2004 and OHSAS 18001:2007 was successfully completed at JSC TATNEFT.The ... [Published Oil & Gas Eurasia - Aug 14 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

Oil industry looks for Barents development concept

Key Norwegian oil industry representatives remain at odds over how to develop oil and gas resources in the Norwegian part of the Barents Sea. While the Norwegian government wants the regional oil resources to be taken to land-based terminal and processing ... [Published Oil & Gas Eurasia - Aug 14 2014]

Quotes

...input costs by late July, it didn't really show in the full monthly average," Jim Foster, Platts editorial director of petrochemical analytics. "For example, the average price for benzene in July was $1,445/mt, up from June's average of $1,385/mt. But notably, the price of benzene started the month on July 1 at $1,470/mt and closed the month at $1,423/mt on July 31."
...He warned international companies working in oil fields to "not take any steps without close coordination with the Ministry of Natural Resources."
"As oil and gas exploration companies are developing offshore energy resources at a faster speed to meet growing demand, the competition among companies will become more fierce in future, which provides a great opportunity for the FPSO industry" said Zhang Wukui, deputy manager of CNOOC Energy Technology and Services Ltd, CNOOC's subsidiary and operator of the unit
"However, it is important to understand that Hoop is a frontier area of more than 15,000 square kilometres (5,800 square miles) with only six wells completed to date, so we do not have all the answers about the subsurface yet."

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Germany gives nod to RWE unit sale to Russian i... [Published Oil & Gas Eurasia - 15 hours ago]
Platts announces global petrochemical prices ro... [Published Oil & Gas Eurasia - Aug 20 2014]
Chariot Agrees Farm out in Brazil [Published Oil & Gas Eurasia - Aug 20 2014]
U.S. Rig Count Keeps Rising as Natural Gas Dril... [Published Oil & Gas Eurasia - Aug 20 2014]
Russian budget strains as oil prices fall below... [Published Oil & Gas Eurasia - Aug 20 2014]
OPEC ‘unruffled by oil price slide’ [Published Oil & Gas Eurasia - Aug 20 2014]
EU suggests Moscow, Kiev resume tripartite gas ... [Published Oil & Gas Eurasia - Aug 18 2014]
Emerson Introduces Rotary Actuators for Interna... [Published Oil & Gas Eurasia - Aug 15 2014]
Emerson Enhances SCADA System to Streamline Oil... [Published Oil & Gas Eurasia - Aug 15 2014]
Oil industry looks for Barents development concept [Published Oil & Gas Eurasia - Aug 14 2014]
TATNEFT Successfully Completes Compliance Audit [Published Oil & Gas Eurasia - Aug 14 2014]
Exxon Ends Oil Search With Total in South Sudan... [Published Oil & Gas Eurasia - Aug 14 2014]
EU seeking stop to Islamic State oil sales from... [Published Oil & Gas Eurasia - Aug 14 2014]
China to raise natural gas prices for industries [Published Oil & Gas Eurasia - Aug 13 2014]
China's demand for overseas crude to expand thi... [Published Oil & Gas Eurasia - Aug 13 2014]
Polish refining giant proposes major share issue [Published Oil & Gas Eurasia - Aug 13 2014]
Norway Oil Services See Russia Sanctions Riskin... [Published Oil & Gas Eurasia - Aug 13 2014]
International oil producers halt northern Iraq ... [Published Oil & Gas Eurasia - Aug 13 2014]
Mexico prepares to list oil fields open to fore... [Published Oil & Gas Eurasia - Aug 13 2014]
Oil reserves found along Congo-Uganda border [Published Oil & Gas Eurasia - Aug 13 2014]
Oil market well supplied despite conflicts - IEA [Published Oil & Gas Eurasia - Aug 12 2014]
Iran oil output up 11% in four months [Published Oil & Gas Eurasia - Aug 12 2014]
Brazil oil output at record 2.246m bpd in June:... [Published Oil & Gas Eurasia - Aug 11 2014]
Chinese 12-streamer Vessel “HYSY721” Delivered ... [Published Oil & Gas Eurasia - Aug 11 2014]
Russian oil exports decline domestic refining v... [Published Oil & Gas Eurasia - Aug 10 2014]
Foreign Oil Firms Brace for Mexico Comeback [Published Oil & Gas Eurasia - Aug 10 2014]
China July crude oil imports down 9% on year [Published Oil & Gas Eurasia - Aug 10 2014]
Gazprom Marketing & Trading To Build Offshore S... [Published Oil & Gas Eurasia - Aug 10 2014]
CNOOC adds floating oil production units [Published Oil & Gas Eurasia - Aug 10 2014]
Statoil Empty-handed After Summer Arctic Drilli... [Published Oil & Gas Eurasia - Aug 08 2014]
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