Kiev fears the loss of revenue from transit taxes. on top of being bypassed politically as well as physically by new gas pipes.
Read More »Could Russia and US Work Together to Regulate Oil Prices?
Trump has said Putin is ``a competitor. and a good competitor he is.``
Read More »Lavrov Criticizes US Claims about Nord Stream 2
The US has repeatedly urged European countries to not participate in Nord Stream 2.
Read More »Trump Accused of Trying to Urge Europe to buy US LNG
Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.
Read More »Russia may Boost Oil Production to Tackle Deficit
Novak said higher crude prices this year would add 2.5 trillion roubles ($40.14 billion) to state coffers this year.
Read More »Total Completes £1.1Billion Acquisition of Engie LNG Assets
The supermajor said the deal makes it the number two player in the world for LNG.
Read More »Russia Considers $50bn in Iran Oil Industry
Russia is ready to invest in crude exploration and production. as well as refining.
Read More »Current Level of Oil Prices Stems from US Trade War
A sharp growth in fuel prices that have risen by over 8% year-to-date. has forced the authorities to take emergency measures.
Read More »Nord Stream 2. an International Project
US President Donald Trump had chastised Germany for buying Russian natural gas and for working on the pipeline.
Read More »MAN to Power Gas-Engine Power Plant in Oman
ICV is an ambitious plan embarked by the Government to boost the oil and gas industry’s contribution in the Sultanate’s socio-economic development.
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