Despite the US pressures. western companies are still interested in investment in Iran.
Read More »Putin Could be about to Send the Oil Markets into a Tailspin
Oil markets are already showing jitters over the OPEC meeting this week.
Read More »Wintershall Eyes Khuzestan Oilfield
Tehran has intensified efforts to involve foreign oil and gas majors in its key petroleum industry.
Read More »‘World’s Energy Tsar’ Putin Leaves Global Prices on a Knife Edge
Vladimir Putin could send oil markets into a spin by pulling out of the planned extension to the current OPEC-led production cut.
Read More »Moscow May Not Comply with Further OPEC Cut
OPEC. Russia and several other major producers have cut their combined output by about 1.8 million barrels per day since January.
Read More »Statoil to Drill 5-6 Wells in Arctic Barents Sea in 2018
Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018.
Read More »Wintershall and LetterOne in Talks for $12B Oil. Gas Merger
Talks between Wintershall and Fridman’s DEA Group are at an advanced stage.
Read More »EU Still Giving Gas Projects `Fast-Track` Status
Gas is a fossil fuel that contributes to global warming. but it is often framed by industry as a ".bridge fuel". that will be needed longer than coal and oil.
Read More »Russia`s Novatek Aims to Launch Yamal LNG on Dec 8
At full capacity. the Yamal facility will be able to produce 16.5 million tonnes of liquefied natural gas a year.
Read More »Russia Slams US. EU Sanctions on Oil Exporting Nations
Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".
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