Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »Gazprom Neft Presented Iran Oilfields Studies to NIOC
Iran has so far signed MoUs with 4 Russian companies for developing its oil and gas fields.
Read More »Egypt Signs 3 Contracts for Oil and Gas Exploration Worth $79 Million
American companies are an important partner and a key player in the production of oil and gas in Egypt.
Read More »Oman. Largest Non-OPEC Producer in Mideast
The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
Read More »Venezuelan President Calls for Emergency Meeting with U.S. Oil Buyers
The financial sanctions did not mention cutting off U.S. imports of Venezuelan oil. which could be critical to Venezuela'.s economy as well as U.S. oil refiners.
Read More »Libyan Oilfields Closed by Pipeline Shutdowns
Sharara. which was producing around 280.000 barrels per day. had been shut a week ago.
Read More »EU More Likely to `Ally with Russia Than US` Over Gas Pipeline Projects
Gazprom and its European partners are currently working on two pipeline projects. Nord Stream 2 and Turkish Stream.
Read More »Statoil Allowed to Use West Elara
Valemon is a gas and condensate field in the northern sector of the North Sea. just west of Kvitebjørn. The field has been developed using a fixed production platform. Production began in 2015.
Read More »US Sanctions Will Not Affect Construction of Turkish Stream. Akkuyu NPP
Akkuyu NPP is expected to be launched by 2023. Donmez said.
Read More »Russian Watchdog Says Schlumberger-Eurasia Drilling Deal ‘Has Big Problems’
In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.
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