Military Forum for Russian and Global Defence Issues


    Russian Oil and Gas Industry: News

    Share

    Karl Haushofer
    Senior Lieutenant
    Senior Lieutenant

    Posts : 635
    Points : 634
    Join date : 2015-05-03

    Re: Russian Oil and Gas Industry: News

    Post  Karl Haushofer on Thu Jan 14, 2016 8:11 pm

    Austin wrote:Pakistan’s $2 billion LNG pipeline project hits a snag

    http://tribune.com.pk/story/1027143/bottleneck-pakistans-2-billion-lng-pipeline-project-hits-a-snag/

    Why does Pakistan have to adhere the US sanctions against Russia? Doesn't make any sense at all.

    GarryB
    Colonel
    Colonel

    Posts : 15470
    Points : 16177
    Join date : 2010-03-30
    Location : New Zealand

    Re: Russian Oil and Gas Industry: News

    Post  GarryB on Sat Jan 16, 2016 4:14 am

    Because you are either with us or you are with the terrorists... and that applies to countries that support terrorism like Pakistan and Saudi Arabia and the US.... hahaahaha.


    _________________
    “The West won the world not by the superiority of its ideas or values or religion […] but rather by its superiority in applying organized violence. Westerners often forget this fact; non-Westerners never do.”

    ― Samuel P. Huntington, The Clash of Civilizations and the Remaking of World Order

    PapaDragon
    Colonel
    Colonel

    Posts : 3679
    Points : 3791
    Join date : 2015-04-26
    Location : Fort Evil, Serbia

    Re: Russian Oil and Gas Industry: News

    Post  PapaDragon on Sat Jan 16, 2016 1:38 pm

    Cool

    ''Russia refuses to rein in oil production in 2016''

    http://www.dw.com/en/russia-refuses-to-rein-in-oil-production-in-2016/a-18982706

    JohninMK
    Colonel
    Colonel

    Posts : 3381
    Points : 3424
    Join date : 2015-06-16
    Location : England

    Re: Russian Oil and Gas Industry: News

    Post  JohninMK on Mon Jan 18, 2016 1:43 pm

    MOSCOW (Sputnik) – Russia managed to hit new oil supply record in 2015 despite the pressure exerted on the country's oil and gas industry by Western sanctions, the Organization of the Petroleum Exporting Countries (OPEC) said Monday.

    "Despite financial sanctions and the impact of the falling global oil price, Russia’s preliminary data on oil supply in 2015 indicated a record high of 10.79 mb/d [million barrels daily], up 1.3% on the year," OPEC's January Monthly Oil Market Report reads.

    OPEC added that in September, the country's output of crude and gas condensate hit a new monthly record of 10.88 mb/d, while, according to the local Ministry of Energy, December oil production was even higher.

    Read more: http://sputniknews.com/russia/20160118/1033313208/russia-oil-supply-record-high.html#ixzz3xbDqsQW2

    medo
    Colonel
    Colonel

    Posts : 3052
    Points : 3150
    Join date : 2010-10-24
    Location : Slovenia

    Re: Russian Oil and Gas Industry: News

    Post  medo on Mon Jan 18, 2016 9:43 pm

    I don't think Russian government spending will need many cuts. We have to have in mind growing of industrial and food production and tourism. Attacks in Egypt and in Turkey will cut the flow of Russian tourists there. Also this year will be really bad for tourism in Europe because of bad winter and migrant crisis, so tourism in Russia will see a big grow in domestic and foreign tourists, what will also bring more money in the state budget through taxes.

    JohninMK
    Colonel
    Colonel

    Posts : 3381
    Points : 3424
    Join date : 2015-06-16
    Location : England

    Re: Russian Oil and Gas Industry: News

    Post  JohninMK on Tue Jan 19, 2016 4:50 pm

    Looks like Gazprom are starting to react to their need, with no South or Turk Stream in the foreseeable future, to keep supplying their customers in southern Europe.

    No longer is it 'no gas transit through Ukraine after 2019' more like 'gas transit at an acceptable price'. This would be a fascinating negotiation to be listening in to.

    MOSCOW, January 15. /TASS/. Russia doesn’t plan to fully halt transit gas shipments via Ukraine after the current contract expires in 2019, Energy Minister Alexander Novak said in an interview with RBC business channel on Friday, adding that the final decision will be taken after talks between Gazprom and Naftogaz Ukrainy. "Probably, some gas volumes will remain after 2019 though it will mainly depend on talks between Gazprom and Naftogaz Ukrainy closer to the end of the current contract," he said. Earlier Gazprom CEO Alexey Miller said gas transit via Ukraine will continue to certain extent after 2019, adding that Russia’s gas giant will not sign a new gas transit contract under unacceptable terms.

    More:
    http://tass.ru/en/economy/850019

    sepheronx
    Colonel
    Colonel

    Posts : 7302
    Points : 7612
    Join date : 2009-08-06
    Age : 27
    Location : Canada

    Re: Russian Oil and Gas Industry: News

    Post  sepheronx on Tue Jan 19, 2016 5:06 pm

    Like I said, Gazprom needs to bite the bullet on this one and simply supply gas to Ukraine and let EU handle the rest.  So if they lose the gas because of Ukraine, tough shit.

    Build more LNG plants, push the Nord Stream, offer south stream as still an option, but forget Ukraine and transporting to EU.  Russia loses some influence, but at same time too, they wont lose anynore money, stop getting blamed for Ukraines transport issues and at least gets a piece of mind.

    higurashihougi
    Colonel
    Colonel

    Posts : 2129
    Points : 2244
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: Russian Oil and Gas Industry: News

    Post  higurashihougi on Wed Jan 20, 2016 6:05 am

    Tie Eater may not like this Cool

    http://sputniknews.com/business/20160120/1033400715/georgia-russia-gas-supply.html

    Georgian Energy Minister Says Russian Gas Supplies May Increase to 20%

    Georgia’s negotiations with the Russian energy giant Gazprom may lead to increases of Russian natural gas deliveries to the former Soviet republic to 20 percent, Georgian Energy Minister Kakha Kaladze said.

    George1
    Colonel
    Colonel

    Posts : 9443
    Points : 9935
    Join date : 2011-12-22
    Location : Greece

    Re: Russian Oil and Gas Industry: News

    Post  George1 on Fri Jan 22, 2016 10:31 am

    Russian Energy Giant LUKoil to Expand Presence in Nigeria's Oil Market

    Read more: http://sputniknews.com/business/20160121/1033499744/lukoil-nigerian-oil-market.html#ixzz3xxpj73jX


    _________________
    "There's no smoke without fire.", Georgy Zhukov


    higurashihougi
    Colonel
    Colonel

    Posts : 2129
    Points : 2244
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: Russian Oil and Gas Industry: News

    Post  higurashihougi on Sat Jan 30, 2016 7:57 am

    A relatively old image (28 November 2015).

    Russia does not appear in the list. Cool


    max steel
    Colonel
    Colonel

    Posts : 2980
    Points : 3014
    Join date : 2015-02-12
    Location : South Pole

    Re: Russian Oil and Gas Industry: News

    Post  max steel on Sat Jan 30, 2016 2:51 pm

    higurashihougi wrote:A relatively old image (28 November 2015).

    Russia does not appear in the list. Cool


    Seems fake India is net importer of Oil and in no way they can export oil in next 2 years. If thats the case where is China? Their oil production is more compared to India though they are also net importer. Rest Russia's economy is still dependent on oil.

    Vladimir79
    Grand Marshal
    Grand Marshal

    Posts : 2193
    Points : 3099
    Join date : 2009-07-10

    Re: Russian Oil and Gas Industry: News

    Post  Vladimir79 on Sat Jan 30, 2016 3:48 pm

    higurashihougi wrote:A relatively old image (28 November 2015).

    Russia does not appear in the list. Cool


    Neither does Venezuela. Oil isn't a dominating sector but it is where most of the state revenue comes from. Without it we would not enjoy low taxes.


    _________________
    The true value of life knows only the paratrooper. For he is more likely to look death in the eye.  -- Vasily Margelov

    Project Canada
    Lieutenant
    Lieutenant

    Posts : 530
    Points : 539
    Join date : 2015-07-20
    Age : 28
    Location : Canada

    Re: Russian Oil and Gas Industry: News

    Post  Project Canada on Sat Jan 30, 2016 11:06 pm

    Oil export is 60%+ of Brunei's gdp but 1 US$ = 1.42 Bruneian$ wtf???

    kvs
    Colonel
    Colonel

    Posts : 2526
    Points : 2659
    Join date : 2014-09-11
    Location : Canuckistan

    Re: Russian Oil and Gas Industry: News

    Post  kvs on Sat Jan 30, 2016 11:18 pm

    Project Canada wrote:Oil export is 60%+ of Brunei's gdp but 1 US$ = 1.42 Bruneian$ wtf???

    It most likely does not have a fully floating currency like the ruble. Also, the ruble has been "debased" by
    massive foreign debt paydowns in the last two years. Russian companies are selling rubles like crazy to buy
    dollars and euros. Once this frenzy of debt retirement eases off the downward pressure on the ruble will
    be greatly reduced.

    sepheronx
    Colonel
    Colonel

    Posts : 7302
    Points : 7612
    Join date : 2009-08-06
    Age : 27
    Location : Canada

    Re: Russian Oil and Gas Industry: News

    Post  sepheronx on Wed Feb 10, 2016 5:19 am

    Own catalysts "Rosneft" replace imported analogues at refineries

    My link:
    Rusnews variant

    higurashihougi
    Colonel
    Colonel

    Posts : 2129
    Points : 2244
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: Russian Oil and Gas Industry: News

    Post  higurashihougi on Thu Feb 11, 2016 11:45 am

    https://www.rt.com/business/332119-rosneft-sechin-privatization-oil-russia/

    Rosneft should be privatized at $100 per barrel – CEO

    With oil prices plunging, it’s not the right time for the Russian government to sell part of its stake in Rosneft, according to CEO Igor Sechin. The sale of 19.5 percent of the state’s 69.5 percent in the oil major has been on the Kremlin's agenda for a number of years.

    Crude prices have plummeted from $115 per barrel in mid-2014 to January’s 12-year lows of $27 per barrel. In recent days oil has been trading at $30-$31 per barrel.

    While Rosneft's stock price in rubles has increased slightly from 250 to 260 rubles during this period, the collapse in the Russian currency has had a negative effect on the value of the company. In dollar terms Rosneft stock fell from $7.55 per share in 2014 to $3.29 per share as of Thursday's trading on the London Exchange.

    However, Sechin said he understands the importance of solving Russia's budget issues, and the company is ready for any decision from the government.

    BP CEO Robert Dudley has agreed with Sechin and said it’s too early to privatize Rosneft. The British energy major holds a 19.75 percent stake in the Russian company.

    Rosneft has been included in a list of state-owned assets to be privatized in 2016. Finance Minister Anton Siluanov said in January that the oil company is the number one candidate for privatization.

    According to Siluanov, 19.5 percent of Rosneft shares should be sold for 500-550 billion rubles, but not cheaper than 500 billion rubles (about $6.25 billion at the current exchange rate). As of Tuesday, the share is worth 546 billion rubles. Thus, after the transaction, the state will control 50 percent plus 1 share.

    Previously, Rosneftegaz, a company through which the state owns 69.5 percent of Rosneft, said the privatization should take place with the stock price no lower than $8.12 per share, the cost of the TNK-BP deal between Rosneft and BP.

    With collapsing oil prices, Russia is looking to privatize state companies to cut the budget deficit. Last week, President Vladimir Putin said all the privatization deals should be fully transparent with assets sold at realistic, not discount prices. He also said the state should retain control over strategic enterprises to prevent privatized assets leaving Russian jurisdiction.

    George1
    Colonel
    Colonel

    Posts : 9443
    Points : 9935
    Join date : 2011-12-22
    Location : Greece

    Re: Russian Oil and Gas Industry: News

    Post  George1 on Thu Feb 11, 2016 1:32 pm

    Level of Russia's Oil Output in 2016 Stands at 10.74Mln Barrels Daily

    Read more: http://sputniknews.com/business/20160210/1034526074/oil-forecast-russia-opec.html#ixzz3zrVll3vW


    _________________
    "There's no smoke without fire.", Georgy Zhukov


    George1
    Colonel
    Colonel

    Posts : 9443
    Points : 9935
    Join date : 2011-12-22
    Location : Greece

    Re: Russian Oil and Gas Industry: News

    Post  George1 on Sat Feb 20, 2016 2:47 pm

    Do you agree on this??

    Decision on Russia's Rosneft privatization taken — minister


    More:
    http://tass.ru/en/economy/858002


    _________________
    "There's no smoke without fire.", Georgy Zhukov


    higurashihougi
    Colonel
    Colonel

    Posts : 2129
    Points : 2244
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: Russian Oil and Gas Industry: News

    Post  higurashihougi on Thu Feb 25, 2016 1:34 pm

    South Stream revives.

    https://www.rt.com/business/333574-gazprom-russia-gas-black-sea/

    Russian gas monopoly Gazprom has announced a new project to build a pipeline under the Black Sea. It will deliver Russian natural gas to Greece by transit through an unnamed third country and continue to Italy.

    @George: I dunno. How's the bussiness affair of Rosneft ? Is it still healthy, effective and not corrputed yet ?

    If a state-owned enterprise begins to corrupt or uneffective, privatization is one of the solutions.


    zepia
    Junior Sergeant
    Junior Sergeant

    Posts : 129
    Points : 136
    Join date : 2015-05-05
    Location : Bangkok

    Re: Russian Oil and Gas Industry: News

    Post  zepia on Thu Feb 25, 2016 4:43 pm

    higurashihougi wrote:South Stream revives.

    https://www.rt.com/business/333574-gazprom-russia-gas-black-sea/

    Russian gas monopoly Gazprom has announced a new project to build a pipeline under the Black Sea. It will deliver Russian natural gas to Greece by transit through an unnamed third country and continue to Italy.


    Turkey is very unlikely. IMO only possible third country is Bulgaria.

    A Different Voice
    Corporal
    Corporal

    Posts : 50
    Points : 52
    Join date : 2015-11-12

    Re: Russian Oil and Gas Industry: News

    Post  A Different Voice on Thu Feb 25, 2016 6:21 pm

    George1 wrote:Do you agree on this??

    Decision on Russia's Rosneft privatization taken — minister


    More:
    http://tass.ru/en/economy/858002


    If the sale occurs now the price for 19% of Rosneft will be less than half of what it would have been 2-3 years ago.  Not a good time to sell a valuable asset.

    higurashihougi
    Colonel
    Colonel

    Posts : 2129
    Points : 2244
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: Russian Oil and Gas Industry: News

    Post  higurashihougi on Mon Feb 29, 2016 3:09 pm

    Yeah, sanction Rolling Eyes Rolling Eyes

    https://www.rt.com/business/333954-russia-gas-europe-export/

    Exports of natural gas to Western Europe have increased 37.5 percent in January, the head of Gazprom told President Vladimir Putin.

    George1
    Colonel
    Colonel

    Posts : 9443
    Points : 9935
    Join date : 2011-12-22
    Location : Greece

    Re: Russian Oil and Gas Industry: News

    Post  George1 on Wed Mar 02, 2016 12:48 am

    Russia's Gazprom Neft plans to increase oil production by 33% by 2025

    More:
    http://tass.ru/en/economy/860037


    _________________
    "There's no smoke without fire.", Georgy Zhukov


    higurashihougi
    Colonel
    Colonel

    Posts : 2129
    Points : 2244
    Join date : 2014-08-13
    Location : A small and cutie S-shaped land.

    Re: Russian Oil and Gas Industry: News

    Post  higurashihougi on Thu Mar 10, 2016 9:39 am

    love love

    https://www.rt.com/business/335088-rosneft-vietnam-drilling-exploration/

    Russian energy major Rosneft has begun drilling an offshore exploration well in Vietnam, according to the company.

    The expected recoverable reserves of natural gas are estimated at 12.6 billion cubic meters (bcm) with 0.6 million tons of gas condensate, says Rosneft.

    The well is located in the Nam Con Son basin, and will drill to a depth at around 1380 meters in an area of sea 162 meters deep.

    par far
    Colonel
    Colonel

    Posts : 1068
    Points : 1205
    Join date : 2014-06-26

    Re: Russian Oil and Gas Industry: News

    Post  par far on Fri Mar 11, 2016 3:29 pm

    Can't believe no one talking about this.

    "Russia may be running out of oil".



    https://www.rt.com/business/334970-russia-oil-reserves-depletion-2035/



    Sponsored content

    Re: Russian Oil and Gas Industry: News

    Post  Sponsored content Today at 3:02 am


      Current date/time is Thu Dec 08, 2016 3:02 am