OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.
Read More »Merkel and Putin to Hold Meeting on Baltic Sea Gas Pipeline
At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``
Read More »Nord Stream 2 Will Bypass Danish Waters
US President Donald Trump last month accused Germany of being a ``captive`` of Russia.
Read More »Russia may Abondon Dollar in Oil Trade
The dollar. which is considered to be the international currency. becomes a risky tool for payments.
Read More »Turkish Households Consumed Cheapest Natural Gas in Europe in 2017
While EU has taken major steps to liberalize its energy market since the 1990s. Turkey has also initiated the liberalization of its energy sector.
Read More »Iran Official Says Gas Field Contract with Total. CNPC Unchanged
The renewed US sanctions were among those lifted under a 2015 deal between world powers and Tehran on curbing Iran’s nuclear program.
Read More »There is no way for U.S. LNG to Compete with Russian Gas
Gas pipelines connecting Russian supply to Europe make further inroads.
Read More »Caspian Sea Nations to Sign landmark Deal
Any deal will ".expand the field for multilateral cooperation". between the five states.
Read More »Europe is Serious about buying US LNG
Europe received about 10% of total US exports last year.
Read More »Egypt Starts Largest Gas Analysis Lab for the Zohr Field
The laboratory gives the correct measurements of the natural gas and associated liquids upon which permissible standards and ratios are calculated.
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