PetroChina raised April gas supplies by 14 percent over a year earlier.

Increasing authoritarian rule and mismanagement of the all-important state-run oil industry have caused a deepening economic crisis.

Novatek was established in 1994 and is involved in the exploration. production. processing and marketing of natural gas and liquid hydrocarbons.

Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.

Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.

The Iranian government has given Pertamina an early May deadline to seal a deal for developing Iran’s Mansouri oil field.

Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.

OPEC’s own production was up slightly in April by about 12.000 barrels a day to 31.93 million bpd.

The terminal will be a key logistics hub for the Yamal LNG project as well as future Arctic LNG production projects.

The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.