Lukoil controls refineries in Romania. Bulgaria. Italy and the Netherlands. The company declined to comment on Reuters'. message about the possibility of Litasco selling.

The Arctic has been in focus in recent years amid the deterioration of relations between Russia and the Western powers amid the Ukrainian crisis.

Kurdistan Regional Government says it will immediately pay $600m to Dana and its partners in the Pearl Petroleum consortium.

Gasoline prices spike as quarter of country’s oil refining capacity taken offline.

China is not the only country that is testing ‘fire ice’ deposits discovered in their waters.

Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.

Iran is developing the mega gas project in 24 phases. of which 19 have already gone on stream.

The partnership with AKA represents part of MAN Diesel &. Turbo’s strategic development program.

The company employs around 14.500 staff at more than 100 international sites. primarily in Germany. Denmark. France. Switzerland. the Czech Republic. India and China.

The Edradour and Glenlivet development is near the French oil and gas giant’s existing Laggan-Tormore fields which started production in February 2016.