Tag Archives: Crisis

The two countries initiated diplomatic relations in 1940 during World War II.

IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.

Shell and Eni have for decades been two of the most active oil majors operating in the Niger Delta region.

The IEA expects Venezuela'.s crude output will fall to 1.38 million barrels per day (mb d) by the end of 2018.

Rosneft is active in eastern Siberia while Exxon has been announcing discovery after discovery from its offshore licenses in Guyana.

OPEC wants to develop a closer relationship with the U.S. shale industry.

The Russian company argued that the Stockholm arbitration was allegedly guided by double standards.

Gazprom and a group of Western energy companies are now working on the construction of Nord Stream 2.

Gazprom Neft currently produces 150 tonnes per day from the formation.

Petro is the future of Venezuela and the world.