Companies

Russia’s gas giant Gazprom has started a procedure to terminate contracts with Ukrainian energy firm Naftogaz.

World energy demand will grow strongly under all scenarios. Chevron said.

Glencore-QIA consortium bought a 19.5-percent stake in Rosneft in December 2016 for 692 billion rubles.

The gas giants are currently involved in a long-standing litigation over the terms of the current delivery contract.

Shell is considering moving ahead on new projects such as LNG Canada and Lake Charles on the U.S. Gulf Coast.

The pipeline project has been welcomed by some countries in Europe and opposed by some others.

BP predicted that oil demand would continue to grow at about 0.5% through 2040.

In 2017. 97% of gas losses were registered in Russia’s North Caucasus Federal District.

The petro is backed by the country’s oil. gas. gold and diamond reserves.

Novatek has signed a Memorandum of Understanding (MOU) with Saudi Aramco. the Saudi Arabian National Oil Company.