Tag Archives: Naftogaz

The International Energy Agency (IEA) has called for the OPEC-led group to take more production offline and faster than previously agreed. Following the carnage of negative WTI prices on April 20, and a growing realisation about pressure on storage, the energy watchdog’s head Fatih Birol set out 3 steps. The …

Ukrainian natural gas storage levels are currently 80% higher than the same period last year, state-run gas transmission operator Ukrtransgaz said on Tuesday. The company said that as of March 31 there were 15.9 billion cubic meters (Bcm) of natural gas in underground storage. This is one of the highest …

Right after Saudi Arabia-led OPEC and Russia broke up their pact to keep oil supply and prices in check, some in the U.S. oil industry were optimistic that oil prices would go back up to $65 by the end of the year regardless of the end of the production restrictions, …

International Energy Agency Executive Director Fatih Birol on Monday denounced oil producer countries he said were playing “Russian roulette” with markets, adding that an apparent price war was an attempt to “kill” the US shale sector, but was unlikely to succeed and could have “grave consequences” around the world, Platts …

Russia has budgeted much lower prices than the current ones for 2019.

The plant was built by Turkish company Rönesans and Japan'.s Kawasaki Heavy Industries.

In Europe. PDVSA trades with Spain’s energy major Repsol. commodity traders Trafigura and Vitol.

China has a total of 179 active crude oil refineries.

Turkey'.s energy security is dependent on foreign energy resources.

The FLNG unit will be redeployed as Tango FLNG to produce and export LNG from Vaca Muerta. one of the few shale gas plays in production outside the U.S.