Big Oil entering the heavily regulated European power market isn’t a natural fit today.

Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion

The Sanchi was carrying 136.000 tons of condensate. worth some $60 million. and bound for the Republic of Korea.

The OPEC Russia deal for crude oil production cuts could extend beyond 2018.

Angola showed the biggest year-on-year increase in OPEC deliveries to China in 2017.

The Iranian tanker collided with a Chinese vessel off east China coast on January 6 and all those on board went missing.

The bidding terms will be finalised by the end of May and the ceremony to open the bids will be held on June 21.

Brent at above $70 a barrel ``will trigger some increased discussion within OPEC.

Saudi Aramco is growing its investments in downstream including chemicals.

Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.