Shell expects its global deepwater production from already discovered and established areas to exceed 900.000 boe d by 2020.
Read More »Barkindo to be Honored as ‘Africa Oil Man of the Year’
Barkindo took over as Secretary General of OPEC in August 2016.
Read More »Russia Slams Pompeo’s Demands Addressed to Iran as Nonsense
The United States is unable to understand that Iran has sovereign rights. including the right to civilian nuclear power.
Read More »Pradhan Wants Saudis to Keep Oil Prices Stable
Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.
Read More »Russia will ‘Fight’ for German Pipeline Project despite U.S. Opposition
The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.
Read More »EU Commissioner in Iran in Bid to Save Trade Ties
Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.
Read More »Putin Seeks Common Cause with Merkel over Trump
The volume of transit would have to be ".commercially viable". for Ukraine.
Read More »Europe has Nothing to Fear from Increased Russian Gas Market Share
The rising Russian share of the European gas market should not be a cause of concern for Europe.
Read More »Nord Stream-2 will Allow Europeans to Save at Least 8 bln Euros a Year
According to statistics. a third of Germany'.s population spends more than 10% of their incomes on electricity.
Read More »Europe. China Competition for LNG
Russia. Europe’s biggest gas supplier. sees higher demand for its pipeline gas. undermining the region’s efforts at diversification.
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