The news of the last week evidences the buoyancy on oil and gas market. The vacation season is almost over and the business activity restores. This week was one of the most activities saturated since the beginning of the year. For example, NBU has slightly simplified the procedure of currency transfer abroad which should ease the operations for foreign investors; and the Ministry of natural resources drafted new rules for subsoil use, which are supposed to ease the life of upstream companies. The document is expected to be submitted to the Cabinet of Ministers in September. Apart from this, in September they will hold the second auction of special permits that should include 7 fields.
CONTENTS
OIL AND GAS FIELD WEEKLY REVIEW
UKRAINIAN COMPANIES
Ukrgazdobycha will explore new fields in Lviv region
Naftogaz was instructed to hire lawyers to protect property rights in the Crimea
Naftogaz argues against Ukrnafta’s debt restructuring
INTERNATIONAL COMPANIES
New oil field was discovered in Belarus
Seadrill’s shareholders filed a lawsuit against the company because of statements on a deal with Rosneft
LUKOIL wrote off 244 million USD of drilling costs on Romania’s shelf
Gazprom reckons on signing the third gas contract with China
Tatneft expects to resume operations in Libya
The Ministry of Finance proposed to change the taxation for oil companies
INFRASTRUCTURE
Is USA preparing gas “invasion” in Europe?
Ukraine accumulated 14.1 BCM of gas in UGS - Ukrtransgaz
POLITICS AND WORLD
Gosgeonedra puts 7 oil and gas sites up for sale
Ministry of Natural Resources developed new rules to use subsoil
The National Bank removes restrictions for legal entities to transfer currency
Whether subsoil will remain unattended?
UKRAINIAN COMPANIES
Ukrgazdobycha will explore new fields in Lviv region
Naftogaz was instructed to hire lawyers to protect property rights in the Crimea
Naftogaz argues against Ukrnafta’s debt restructuring
INTERNATIONAL COMPANIES
New oil field was discovered in Belarus
Seadrill’s shareholders filed a lawsuit against the company because of statements on a deal with Rosneft
LUKOIL wrote off 244 million USD of drilling costs on Romania’s shelf
Gazprom reckons on signing the third gas contract with China
Tatneft expects to resume operations in Libya
The Ministry of Finance proposed to change the taxation for oil companies
INFRASTRUCTURE
Is USA preparing gas “invasion” in Europe?
Ukraine accumulated 14.1 BCM of gas in UGS - Ukrtransgaz
POLITICS AND WORLD
Gosgeonedra puts 7 oil and gas sites up for sale
Ministry of Natural Resources developed new rules to use subsoil
The National Bank removes restrictions for legal entities to transfer currency
Whether subsoil will remain unattended?
