Tag Archives: Europe

During the first part of the route. through the Laptev Sea. the vessels had to sail in up to two meters thick very close drift ice.

Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.

Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.

Sechin said last month he was satisfied with oil prices rising to $70-$80 per barrel.

CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.

Efforts now need to be made on devising a financial mechanism to overcome the US sanctions.

Nord Stream 2 project envisages two pipelines that will be routed via the Baltic Sea.

The Yamal LNG project operated by JSC Yamal LNG is a joint-venture with Russia'.s largest independent natural gas producer NOVATEK.

Eni has had a presence in Algeria since 1981 and currently operates 32 mining permits in the country.

North Korea relies on imported fuel to keep its struggling economy functioning.