Novatek owns a 50.1% stake in Yamal LNG. France’s Total and China National Petroleum Corp each control 20%. while China’s Silk Road Fund owns 9.9%.
Read More »BP Unleashes Groundbreaking Tech on North Sea Giant Clair
BP’s Clair was one of the North Sea’s original giants.
Read More »Microsoft. Google Turn to Wind Energy
The deal with Microsoft will see in excess of €200 million being invested into Vattenfall’s Wieringermeer wind farm.
Read More »Total Signs LNG Mega-Supply Deal
The deal will keep busy CMA CGM’s nine newbuild container ships. scheduled for delivery starting 2020.
Read More »Europe Buys 40% of Iran Oil in November
European companies resumed purchase of oil cargoes from Iran since implementation of the Joint Comprehensive Plan of Action (JCPOA) in 2015.
Read More »Russia Warns Denmark on Gas Pipeline
The US earlier this year threatened to impose fines on EU firms that invested in the pipeline.
Read More »Pakistan in LNG Talks with France. Italy and Spain
Pakistan is already one of the fastest-growing LNG markets.
Read More »Shell. PetroChina JV Paves Way toward Big Gas Development in Australia
Supplying QCLNG will help make the development more profitable. Shell said.
Read More »Oil Prices Gain after OPEC Extension of Output Cut
Rising U.S. production helped fuel a slump in prices.
Read More »Lukoil CEO: Oil Markets won`t Overheat
Moscow agreed to contribute around 0.3 million bpd to the cuts and Russian state and private companies are sharing the burden on a pro-rata basis.
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