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News on Energy
U.S. deserves 'benefit of the doubt' on getting Iran nuclear deal, Kerry says

U.S. Secretary of State John Kerry pressed the case on Sunday for completing nuclear diplomacy with Iran despite Israeli opposition, saying the United States deserves the benefit of the doubt on getting a deal that would prevent any need for military action to curb Tehran's atomic ambitions.

  • Date: 01.03.2015  |  Published on EGF: 01.03.2015  |  Energy  |  from http://www.reuters.com/
Ukraine sends small prepayment for Russian gas

Ukraine has sent a small prepayment of $15 million to Russia for March natural gas deliveries, energy officials from the two sides said on Friday, after Moscow threatened to cut off supply.

  • Date: 27.02.2015  |  Published on EGF: 27.02.2015  |  Energy  |  from http://www.reuters.com/
Bomb hits Libyan oil pipeline, halting flow to port

A bomb exploded at an oil pipeline from Libya's El Sarir field on Saturday, halting flows to Hariga port as the country struggles to restore crude exports battered by factional fighting.

  • Date: 14.02.2015  |  Published on EGF: 14.02.2015  |  Energy  |  from http://www.reuters.com/
Rosneft's 2015 budget based on $50 per barrel oil price - CEO

Russia's top oil producer Rosneft is basing its budget for this year on an average oil price of $50 per barrel, the company's Chief Executive Officer Igor Sechin said on Wednesday.

  • Date: 04.02.2015  |  Published on EGF: 04.02.2015  |  Energy  |  from http://www.reuters.com/
Exclusive: Rosneft raising money from Swiss trader as debt payment looms

Rosneft is raising money from Swiss trader Trafigura days before it must repay a $7 billion debt, industry sources said, seeking new funding options after the Russian central bank said its borrowing via the domestic bond market had added to pressure on the struggling rouble.

  • Date: 04.02.2015  |  Published on EGF: 04.02.2015  |  Energy  |  from http://www.reuters.com/
Global stocks, oil rally on Greek plan; dollar falls

Stock markets rallied around the world on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone.

  • Date: 03.02.2015  |  Published on EGF: 03.02.2015  |  Energy  |  from http://www.reuters.com/
BP deepens capex cuts, surprises with Rosneft profit

BP said it would deepen capital investment cuts this year to adapt to lower oil prices after a surprise contribution from its stake in Russia's firm Rosneft helped it to beat quarterly profit forecasts.

  • Date: 03.02.2015  |  Published on EGF: 03.02.2015  |  Energy  |  from http://www.reuters.com/
Shell signs $11 billion deal to build petrochemicals plant in Iraq

Royal Dutch Shell (RDSa.L) signed a deal with Iraq on Wednesday worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, boosting the country's aim to become a major regional energy player and diversify its income.

  • Date: 28.01.2015  |  Published on EGF: 28.01.2015  |  Energy  |  from http://www.reuters.com/
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