ARD NEWS

Australian average wholesale gas prices remain below Asian average

(APPEA Media Release (extract), 5 July 2017). Average wholesale gas prices in Australia remain lower compared to the average in the...

Woodside Petroleum CEO Peter Coleman says gas industry ‘out to lunch’

Sydney Morning Herald, July 2017. Woodside Petroleum chief executive Peter Coleman has raised the hackles of his rivals, telling the...

Russia’s Rosneft set for global gas tussle with Gazprom

(MOSCOW, Reuters, by Vladimir Soldatkin and Olesya Astakhova on 6/30/2017 ). Russia’s Rosneft, the world’s top listed oil producer, wants...

Prelude floating LNG facility sails toward Australia

(OGJ Online, June 30, 2017). The Prelude floating LNG (FLNG) facility is en route from its construction site in South Korea to offshore...

Australia’s North West Shelf LNG facility hit by Karratha plant outage

LONDON, June 28 (Reuters) – Work to restart production at Australia’s Woodside-operated Karratha Gas Plant, which hosts the North West...

Russia cuts oil output in June by 305,000-308,000 bpd in comparison to October

MOSCOW. June 28 (Interfax) – Russia has cut oil output in June by 305,000-308,000 barrels per day (bpd) in comparison to October levels,...

Russia’s Mikhail Fridman drops bid for West Texas assets on political concerns

Fridman’s investment company, LetterOne, has pulled out of an U.S. investment to avoid resistance from an unexpected corner — the Trump...

Gazprom smells opportunity as UK’s biggest gas store closes, 26 June, 2017, from ‘World Oil’-Extract

Gazprom PJSC is in talks to ramp up natural gas sales in the UK as coal plants are shuttered and the nation’s biggest storage site is...

Putin, Gazprom CEO, and Allseas CEO meet on pipelay vessel Pioneering Spirit to begin TurkStream pip

The offshore pipeline which will carry Russian gas to Turkey, will consist of four parallel pipelines running through the Black Sea. The...

Russia’s Novatek aims topple Qatar from LNG top spot

Yamal project could be completed earlier than expected * Arctic LNG 2 construction in 2019 subject to final decision * Both projects...

Gazprom Neft begins exploratory drilling in the Sea of Okhotsk

Gazpromneft Sakhalin (a subsidiary of Gazprom Neft) has begun drilling the first exploratory well at the Ayashsky licence block, located...

U.S. concerns rise over Russian intentions in the Arctic, March, 2017, from ‘World Oil’ (Extract)

Back in 2008, the U.S. Geological Survey (USGS) released an assessment of Arctic undiscovered, technically recoverable, conventional oil...

The Impact of Foreign Direct Investment in the Socio-Economic Development of the Far East of Russia

These reports have been provided courtesy of Kinross Gold Corporation. http://kinross.com/ Kinross Gold Corporation engaged the Centre...