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American slate does not justify the hopes

Oil production in the US reached a record 11.5 million barrels per day largely due to shale. But the shale boom has its downside. To maintain high performance, operators must drill more wells, and it requires huge costs. Money take particularly nowhere: tired of the unprofitable projects in the past …

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Plans for Russia to get rid of “dirty” oil

The company Transneft, an operator of the Russian section of the pipeline “Druzhba”, plans to mix the “dirty” oil in its pure raw material in order to gradually cleanse the system of oil pipelines. This writes Reuters, citing industry sources. According to them, begin to mix the oil going from …

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In Kazakhstan traded, “Gazprom oil” to Ukraine

Kazakhstan “ArcelorMittal Temirtau” (“AMT Temirtau”), is a structure steel company ArcelorMittal, broke the contract with LLC “Nik-oil” (the local distributor of “Gazpromneft — lubricants”) because of the sanctions the EU and Ukraine. About it writes “Kommersant”. In the “AMT Temirtau” decided that the contract with “Gazprom Neft” creates reputational risks …

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Egypt seized the Ukrainian tanker with Iranian oil

The fight between Tehran and Washington joined in Cairo. Two cases Egyptian riot police, according to OilPrice (RR), citing Arabic news site Al-Araby Al-Jadeed, captured in the Suez canal Ukrainian tanker, which was carrying Iranian oil. This is the second in two weeks, the arrest of the tanker with oil …

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The United States urged Turkey to stop drilling in the waters of Cyprus.

“Provocative step” Washington considers Ankara’s actions in the territorial waters of Cyprus and calls to stop drilling. This statement was made by state Department spokesman Morgan Ortagus. Now in the exclusive economic zone of Cyprus, where the discovered gas fields, there are two Turkish drilling ship. Greece and Cyprus consider …

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