Big oil companies are pouring money into shale assets. scrambling for access to the best acreage in Texas.
Read More »EU. US to Boost Strategic Energy Cooperation
Russia and Norway are exporting record volumes of fuel to Europe via pipelines.
Read More »Rosneft Forcasts Oil $80 by Christmas
Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.
Read More »BP. Eni and Shell are Best-In-Class amongst the Majors
Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.
Read More »More South Pars Platforms Nearing Completion
Construction of platforms C14. B13. D13 and A24 was so far 90% complete.
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 »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 »Rosneft Budget Based on Oil Price of $63 a Barrel
Sechin said last month he was satisfied with oil prices rising to $70-$80 per barrel.
Read More »MAPNA Ready to Replace Total in South Pars Project
CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.
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