It would be silly to make any price forecasts at the moment.
Read More »Iraq Restarts Kirkuk Oil Exports after a Year of Suspension
The flows resumed on Friday at a modest level of around 50.000-60.000 barrels per day.
Read More »Total. Exxon Sign MOU with the State of Papua New Guinea
The MoU was signed during the Asia Pacific Economic Conference (APEC) in Port Moresby.
Read More »Russian Shipyard Starts Serial Production of Aframax Oil Tankers
The shipyard will build 25 tankers for Rosneft.
Read More »China Pledges Huge Natural Gas Supply Boost
Other Chinese oil companies are also gearing up for the winter season.
Read More »Oil Price at Any Level Comfortable for Rosneft
Rosneft will work on increasing its market share if oil prices drop.
Read More »Gazprom Neft Cooperate in Abu Dhabi`s Oil and Gas Projects
Gazprom Neft could partner with Mubadala. Adnoc and other companies in the development of oil and gas reserves.
Read More »Global Oil Supply Growing. Sending Prices Lower
lower prices are clearly a benefit to consumers.
Read More »Gazprom Boosts Gas Supplies to Germany
Offshore pipe laying is currently underway in German territorial waters and in the exclusive economic zone of Finland.
Read More »Trump Warns Oil Cartel OPEC to not Cut Production
Iran is the third-largest producer of the oil cartel OPEC. providing more than 2 percent of global oil output.
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