Tag Archives: Europe

A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.

Iranian Ambassador to Paris Bahram Qassemi. in a meeting with a group of researchers on Friday. called for expansion of academic cooperation between Iran and France.

Currently. the largest solar park in Europe is in France and has a capacity of 300 MW.

Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits.

PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.

Due to the production cuts. Russia’s economy is expected to grow by just 1.2 percent in 2019.

The Russian and Chinese leaders have stressed the importance of the JCPOA.

Chinese companies are investing in the development of Novatec’s LNG projects in the Arctic region of the Russian Federation.

Pipeline monopoly Transneft had assured Rosneft it would be compensated for all losses from the oil contamination.

Russia’s average daily oil output has dropped to a three year-low in June.