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Russia Seeks Additional $1.9 Billion In Taxes From Oil & Gas

Russia’s finance ministry is looking to raise as much as US$1.93 billion (143 billion Russia rubles) in taxes from the oil industry over the next two years, as the oil price crash has shrunk Russia’s key revenue stream—oil.

read more... 04/08/2020

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Daily (03.08.2020): NBP spot climbed by 5% on Friday, due to higher gas-for-power demand

Crude oil prices inched higher on Friday, stimulated by a weaker dollar and record high oil supply cuts by US in May. Consequently, Brent crude rose by 1.2% to $43.75 a barrel, while WTI futures increased by 0.6% to $41.27 a barrel.

read more... 03/08/2020

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Gazprom Neft joins the international LNG-bunkering community

Gazprom Neft has become the 1st oil company in Russia to join the Society for Gas as a Marine Fuel (SGMF), through its Gazpromneft Marine Bunker subsidiary Gazpromneft Shipping, operator of the Gazpromneft Marine Bunker fleet.

read more... 31/07/2020

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Eneco, Shell win Dutch offshore wind tender with 759-MW project

A joint venture between Dutch utility Eneco and oil and gas major Royal Dutch Shell Plc has won the tender for the third zero-subsidy offshore wind farm in the Dutch North Sea, to be built in the Hollandse Kust Noord zone.

read more... 30/07/2020

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Shell’s second-quarter LNG sales drop

The Hague-based LNG giant Shell logged a 7 percent decline in its liquefied natural gas sales during the second quarter of this year as it reported a huge quarterly loss.

read more... 30/07/2020

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