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 »Iran National Oil Company Rejects Rumors of Rosneft Leaving
Iran signed some MOUs with foreign companies after implementation of the Joint Comprehensive Plan of Action.
Read More »Rosneft Piles Up Investments in Iraq’s Kurdistan
Rosneft said the total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »European Parliament Condemned Russia-Germany Gas Pipe
Nord Stream and the extension pass through Finnish territory.
Read More »Rosneft Quits Iran. $30B of Potential Joint Investments
last year. Rosneft and NIOC signed a road map for strategic cooperation in oil and gas in Iran.
Read More »Impossible to Resolve Europe’s Energy Issues without Russia
TurkStream’s first line is intended for the Turkish market and the second is meant to supply gas to southern and southeastern European countries.
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