Russia’s next major liquified natural gas project is likely to be served by a fleet of domestically built vessels sailing under Russian flag.

The idea was revived in the late 2010s with the rise of demand for power for offshore oil and gas drilling and the creation of safer reactor technologies.

The South Stream project was cancelled by Bulgaria following pressure from the European Union and the United States.

IOC is Iran’s biggest Indian oil client.

The United States is unable to understand that Iran has sovereign rights. including the right to civilian nuclear power.

U.S. energy giant ExxonMobil - with Qatar Petroleum - is scheduled to conduct drilling off Cyprus in the second half of 2018.

Oil giant is in the process of selling its stake in the Rhum field to a smaller British company.

Syrian government is working on the rehabilitation of three other fields in the same area in order to boost its energy production.

Europe has been very active in showing its support for gas transit revenue dependent Ukraine.

Rosneft said that production offshore Vietnam is very profitable.