The US is especially concerned over the Nord Stream 2 project and has been strictly opposing its implementation.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
Read More »V.Putin and N.Modi Vow to Boost Cooperation in Oil & Gas Sector
Russia proposed creating a platform to conduct research in the energy sector for BRICS member-states.
Read More »Russia Proposes Energy Research Initiative for BRICS States
Russia has proposed to create a research platform for the energy sector to be shared among the BRICS states.
Read More »Moscow Says Schlumberger Russian Oil Services Deal Held Up by U.S Sanctions
In 2015. Schlumberger agreed to buy 45.65 percent of EDC for $1.7 billion. but the deal fell through after the Russian anti-monopoly repeatedly postponed its approval.
Read More »Total Could Miss Out On 14 Billion Barrel Brazilian Reserves
The subject of the study is an area that could contain up to 14 billion barrels worth of oil reserves.
Read More »US Sanctions Force Russia’s Oil Giant Lukoil to Sell Its Distributor Litasko
Lukoil controls refineries in Romania. Bulgaria. Italy and the Netherlands. The company declined to comment on Reuters'. message about the possibility of Litasco selling.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Araqi: Iran`s Gas Export Exceeds 42mcm
Over the past few years. Iran had been pursuing exporting natural gas to Kuwait. Oman and Iraq.
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