The railways would help deliveries to extraction projects in the Yamal and Gydan peninsulas.
Read More »Europe Eyes on Libya and Nigeria to Keep Oil under $100
After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.
Read More »Rosneft and BP Launch New Line of Fuels Featuring ACTIVE Technology at all BP Filling Stations in Russia
The BP fuel featuring ACTIVE technology has been tested with 110 different test methods.
Read More »Saudi Arabia Looks at 30% in Russia’s Arctic LNG
Saudi Arabia plans to acquire a 30% stake in Russia’s USD 21-billion Arctic LNG project.
Read More »Total Raises Production Growth Target
European peer Eni had earlier lowered its production growth target for the year after profits in the third quarter rose to beat expectations.
Read More »Germany Releases Strategic Fuel Reserve to Cope With Record Drought
Record-low water levels in the Rhine have severely disrupted oil shipments across the country.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »Europe`s Economy could Suffer from Iran Sanctions
Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.
Read More »A New Era for Oil
Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.
Read More »North Sea oil and gas `could still be worth £330bn`
Up to £330bn could be spent on extracting oil and gas from UK waters over the next three decades.
Read More »