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News - Page 11

April 10, 2015
In Shandong opened the largest gold deposit


Management PGR Chinese province of Shandong reported on April 8th largest gold deposit exploration. According to experts 3rd SIC exploration of the region, the total resources of the asset categories (332) + (333) (in Chinese classification) is 69 tons. In terms of pure gold. Currently under okonturuvannya deposits and calculation of recoverable reserves and economic, work will continue until the end of the III quarter of 2015.

April 10, 2015
Agreement between Shell and BG Group - is the beginning of large acquisitions DW


In the oil and gas sector against the backdrop of lower oil prices occurred most in the past decade purchase concern Royal Dutch Shell British BG Group. As the expert on commodity market Eugen Weinberg told to german edition DW, it could give impetus to a number of similar mergers.

April 09, 2015
British UK Oil and Gas Investments has opened a new oil field near London


Exploration companies UK Oil and Gas Investments (UKOG) released preliminary estimates of reserves oil field discovered near London. According to The Telegraph, the total recoverable reserves - about 8.6 billion barrels, which represents approximately 20% of all the oil pumped out of the North Sea over the past 40 years. If we proceed from the current price of $ 58 per barrel, oil deposits worth about $ 500 billion. It is the largest onshore fields discovered in the UK in the last 30 years.

April 10, 2015
Cabinet of Ministers of Ukraine has lost a court gas companies by the decision №647

 

The Cabinet of Ministers of Ukraine filed a cassation claim to the Supreme Administrative Court of Ukraine against PJSC "Natural Resources", LLC "East Geological Union", LLC "Cube-Gas", LLC "Tisagaz", LLC "Energy service company" Esko-Pivnich " PJSC "Neftegazdobycha" JV "Poltava gozoneftyanaya Company", LLC "Naftogaz-Alliance", PJSC "Dniproazot" and PJSC "Rovnoazot." It is reported single state register of court decisions Ukraine.

April 09, 2015
Council adopted a law on the gas market


The Verkhovna Rada has supported in the second reading and the whole bill number 2250 "On the natural gas market." For a decision voted 290 people's deputies at the minimum required 226. During consideration of people's deputies rejected the amendment vnefraktsionnyh MP, a member of the party "Freedom" Yuri Levchenko, according to which the privatization of the Ukrainian GTS is prohibited by a private investor.

April 07, 2015
1 "slate" hole creates 106 jobs - expert


One well for the extraction of unconventional gas in the Kharkiv region will create 106 new jobs. This opinion was expressed Roman Nitsovich, program manager of the analytical center DIXI Group, during the expert analysis of the round table on the topic "Social and economic benefits of projects, exploration and production of unconventional hydrocarbons, which are realized in the world," which takes place in the SEC "Psyche".

April 07, 2015
A. Dombrowski: Period opaque, corrupt use of mineral resources in Ukraine to be completed


April 6, People's Deputy of Ukraine, First Deputy Chairman of the Committee on Energy, Nuclear Policy and Nuclear Safety Alexander Dombrowski took part in the roundtable "From Accountability to justice", which was held at the Diplomatic Academy of Ukraine. The event, organized by the Kiev International Energy Q- Club and the Center of Global Studies "Strategy of the 21st century" was a continuation of the discussion of the results of the project "Independent monitoring of resource and financial flows from the production of conventional and unconventional hydrocarbons in Ukraine within the framework of production sharing agreements."

April 07, 2015
Market participants discussed the legislative initiatives EITI to enhance transparency in the extractive industries


Adoption of the Law "On Amendments to Certain Legislative Acts of Ukraine concerning the strengthening of the Extractive Industries Transparency in Ukraine" will not only improve the control system by domestic natural resources, but will also help improve the investment climate in the country. This is the conclusion reached by the participants of the round table "Legislative initiatives to strengthen the Extractive Industries Transparency Initiative", which took place on April 6 in Kiev.

April 07, 2015
In 2015, "Uzbekneftegaz" and foreign investors will start projects worth $ 7.1 billion


National Holding Company (NHC) "Uzbekneftegaz" and foreign investors in 2015 will start projects worth 7.1 billion dollars. This is stated in the government program of the country, according to "RIA Novosti". The program includes 39 projects on modernization, technical and technological renewal of production of oil and gas industry. In the structure of sources of capital investments of the total investments, foreign investments and loans amounted to 5.1 billion dollars, own funds - 1.14 billion dollars loan from the Fund for Reconstruction and Development of Uzbekistan - 543.8 million dollars, Uzbek banks - 313.7 million dollars.