Russia and Saudi Arabia were the world’s top two oil producers until this year.
Read More »Russia’s Gas Exports to Europe Set New Record
Gazprom covers about one-third of European consumption.
Read More »Trump’s Threats Cannot Stop Nord Stream 2 Project
The United States has adopted a provision that allows it to sanction countries involved in the project.
Read More »U.S. Still Imports Natural Gas from Russia
The gas being exported out will likely fetch higher prices right now in Europe and Asia.
Read More »Iran Stresses Europe`s Practical Approach towards JCPOA
Romania will chair the European Union during the first half of 2019.
Read More »Azerbaijan. Russia to Create Joint Venture in Oil and Gas Sector
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 »
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