It was planned to provide oil production by Russian rotor-controlled systems by 2019 on the basis of already created prototypes.
Read More »Zangeneh: Total`s Forefront is Memorable
This contract will send a strong political message to the world especially at the time that the Americans have adopted a confrontational course (against Iran).
Read More »S. Korean Gas Giant Signs Agreement with Sempra`s LNG Project in Texas
LNG imports could also ease trade tensions between South Korea and President Donald Trump. The U.S. ran a $17 billion trade deficit in goods and services with South Korea in 2016.
Read More »US Senate Repairs Russia. Iran Sanctions Bill
Schumer and House Minority Leader Nancy Pelosi called for House Republican leaders to pass the bill immediately. before Trump and Putin meet at an international summit in Germany next week.
Read More »France Bans All New Oil and Gas Exploration in Renewable Energy Drive
'.Ecological transition'. minister says law will be passed later this year.
Read More »Iran`s Azadegan Oilfield Tender Delayed by Months
Iran'.s oil minister said in May that the international tender for the Azadegan oilfield was underway.
Read More »Why US LNG Will Never Outperform Russian Gas Supplies to Europe
Washington has long been arguing for the geopolitical importance of LNG exports to Europe.
Read More »UK Election: Brexit Confusion
The UK faces an uncertain period in which its capacity to negotiate with the EU looks very weak.
Read More »Putin. Saudi Prince Praise Dialogue on Oil. Syria
Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.
Read More »Russia`s Novak Can Do More for Oil after OPEC Failure
Russia maintains its oil-price outlook at $50 to $60 on average for this year.
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