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30 июня, 05:15

Rosneft Goes At It Alone In Far East LNG Plant

Russian oil major Rosneft could build its own liquefied natural gas plant in the far east, apart from its planned facility in partnership with ExxonMobil, according to Rosneft Vice President Vlada Rusakova. The executive added on Thursday that the most economic model for monetizing Russian natural gas remained doing so within the Exxon joint venture plan. The suggestion from the upper echelons of the state-run company comes just as it confirms the sale of a 20 percent stake of subsidiary Verkhnechyonskneftegaz to Beijing Gas. President Vladimir…

30 июня, 04:50

Ghana Production To Average 200,000 BPD In 2017

Ghanaian oil production will average 200,000 barrels per day in 2017, despite a two-month shutdown at one of the small African nation’s major production facilities. The Jubilee floating, production, storage, and offloading (FPSO) facility will go offline in September and October for repairs on a damaged turret, according to Mohammed Amin Adam, deputy secretary of energy for petroleum. The Tullow-operated FPSO shut down operations in March-April 2016 as well, due to an unrelated technical problem at the 68,500-barrel-per-day facility.…

30 июня, 04:45

Kenya Delays Much-Awaited First Oil By Three Months

First oil from Kenya will arrive in international markets three months later than projected, according to an announcement from the nation’s energy minister on Thursday. Minister Charles Keter said the government chose to postpone the shipment as it negotiates better revenue-sharing agreements with local communities. The news comes after a series of attacks on workers who were preparing roads that will be used to truck the oil to coastal areas. "We do not want to start the export without having a clear picture of revenue sharing, we have to…

29 июня, 00:29

Nigeria To Switch To Gas As Oil Reserves Set To Dry Up In 25 Years

Nigeria will run out of its prized oil reserves in the next 25 to 30 years, which means the country should shift its focus to natural gas production, according to President Muhammadu Buhari, who spoke at a labor conference this week. Natural gas reserves will guarantee Abuja fossil fuel revenues for 60 more years, the president added, noting that significant investments would be needed to move to the carbon-light fuel. “Gas is the new horizon of opportunity,” he said. “There is so much happening that needs to happen, that should…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…

29 июня, 00:04

Indian Oil Producers Face New Scrutiny From Modi Government As 2020 Target Nears

  • 0

Indian state producers face increased scrutiny from the energy ministry to make sure the Asian giant meets its import dependency reduction goals, according to Oil Minister Dharmendra Pradhan on Wednesday. “We have now started monitoring those fields and have given new benchmarks to the National Oil Companies to increase production," Pradhan said at an industry event, according to Reuters. Prime Minister Narendra Modi’s target is to import 67 percent of oil needs by 2020 – down from the 80 percent rate maintained currently. As…