Russian oil output peaked during the Soviet era. averaging 11.416 million bpd in 1987. according to BP data.
Read More »Gasoline Price Spike. Tough Challenge for Kremlin
Fuel prices jumped 7% in the first half alone. more than double the overall rate of price increases.
Read More »Iran Seeks European Assurances as U.S. Oil Sanctions Loom
Washington will reapply far-reaching sanctions on Iran’s petroleum and banking sectors starting on Monday.
Read More »Russia will Help Iran Trade Oil
The Russian energy ministry told the FT that the trade would continue next week.
Read More »Russian and U.S. Gas are in Germany`s Future Energy Mix
Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.
Read More »Novak Prepares Draft Plan on Taking Account of Oil Fields
Russia has planned to take account of oil fields. develop their yield evaluation and revise the existing incentives for oil fields.
Read More »TurkStream Gas Pipeline’s Offshore Section 95% Completed
In the west of the country. the Company actively pursues strategic projects aimed at enhancing Russia’s Unified Gas Supply System (UGSS).
Read More »Russian Railways and Gazprom`s Ambitious Arctic Railway
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 »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel