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Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.
Read More »Oil price growth to $70 per barrel is success of OPEC+ deal
French Engie Supports Nord Stream-2 despite Sanctions
Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »S. Korea Plans to Boost LNG Imports from Russia
Korean businessmen also intend to participate in the creation of a fishing industry complex on Nazimov Cape near Vladivostok.
Read More »Eni Launches World`s Biggest Industrial Supercomputer
The state-controlled firm has invested heavily in high-powered computing to give it an edge over rivals in exploration and get its resources to market faster.
Read More »Shell Buys Stake in Blockchain Start-Up
A blockchain is a digitised. decentralised. public ledger of all cryptocurrency transactions.
Read More »Gazprom to Build Second Line of Turkish Stream Gas Pipeline
Both lines of the gas pipeline will be put into operation before 2019 year-end.
Read More »US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
Read More »Shale Gas is One of the Least Sustainable Ways to Produce Electricity
It is the first major study to also consider economic and social sustainability of shale gas in the UK.
Read More »Russia Tries to Comply with OPEC Balancing Effort Based on Market
The next meeting for the monitoring committee. with Saudi Arabia and Russia as co-chairs. is January 21 in Oman.
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