Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.
Read More »Algeria in Talks with Oil Majors to Start Trading Venture
One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.
Read More »Rosneft Mulls Opening Filling Stations Network in Germany
Rosneft is Germany’s third biggest oil refining market player. with aggregate capacity of 12.5 million tonnes a year.
Read More »Rosneft Files $1.4 Billion Suit against Sakhalin-1 Participants
Sakhalin-1 is operated by Exxon Neftegaz Ltd. through which ExxonMobil owns 30 percent in the project.
Read More »Sechin Says 2018 Dividends Seen Higher than in 2017
Rosneft supplies Germany with fuel via petrol stations operated by its partners BP and Total.
Read More »US Oil Companies Ask Congress Not to Ramp Up Russia Sanctions
Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.
Read More »Meat and Dairy Companies to Surpass Oil Industry as World`s Biggest Polluters
A handful of nations are collectively responsible for 60 per cent of global meat and dairy emissions.
Read More »Aramco More Flexible To Oil Price Slump
Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.
Read More »TANAP will Support Regional Trade. Improve Connectivity
The Trans Anatolian Natural Gas Pipeline (TANAP) will support regional trade and improve connectivity.
Read More »Iraq. Turkey and KRG Talk over Resuming Kirkuk Oil Exports
Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.
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