Russia invested $4.2 billion in Azerbaijani economy in different forms. including in the form of joint ventures.
Read More »Novak Expects Oil Market to Stabilize by Summer
The demand will traditionally grow during the summer.
Read More »Russia Earned Additional $120Bln of OPEC-non-OPEC Deal
It is difficult to predict how long the OPEC-non-OPEC agreement would remain in place.
Read More »Novatek Announces Arctic LNG 2 Contracts
The Arctic LNG 2 project envisages constructing three LNG trains at 6.6 million tons per annum each.
Read More »About 370 Kilometers of Nord Stream-2 Gas Pipeline already Laid
Nord Stream 2 AG is the operator of the pipeline construction.
Read More »Mitsui. Saudi Aramco. RDIF to Buy Stakes in Arctic LNG 2
Japan is the world’s top LNG consumer. with Russia among its key LNG suppliers.
Read More »French Court Fines Total Over 1997 Bribery Case In Iran
Iran says that China National Petroleum Corporation (CNPC) is replacing Total in the South Pars gas project.
Read More »U.S. Oil Production to be Equal to Russia Plus Saudi Arabia by 2025
Total oil production in the United States will be nearly equal to that of Russia and Saudi Arabia combined by 2025.
Read More »SOCAR. BP to Build Petrochemical Facility in Turkey
BP and SOCAR expect to work towards a potential final investment decision in 2019.
Read More »Switzerland prepares to launch Iran payments channel
Switzerland is close to launch an initiative to let companies sell food. medicine and medical devices to Iran by using a new payment channel.
Read More »