Earlier this week Norway’s Statoil reported yet another dry well in the Barents Sea. some 100 km northwest of the Johan Castberg discovery.
Read More »Trump Just Made Iran a Wildcard
A potential military confrontation in the Arab Persian Gulf should not be ruled out. It will unquestionably block oil and gas lanes. and spike oil prices to unknown levels.
Read More »Russia Prepared for $40 Oil
Oil prices have fluctuated this year. falling below $45 a barrel and going above $59.
Read More »Iran Looks to Sign Its First FLNG Deal with Norway
Iran prefers exporting liquefied natural gas (LNG) to distant markets including the EU. but no agreement has been reached so far for construction of the plants for the purpose.
Read More »Europe Braces for End of Iran Nuclear Deal
Trump is expected to have a decision on the nuclear deal as early as Friday.
Read More »Sanctions Against Russia May Last at Least a Decade – Lukoil Boss
Alekperov is Lukoil'.s largest shareholder and owns about a quarter of the firm.
Read More »Up Against Germany. EU Bid for Gas Talks with Moscow Falters
Merkel says she sees no need for the EU to get involved. and her government has sought assurances from Moscow that it will keep pumping gas through Ukraine after its gas transit contract expires in 2019.
Read More »Russia Gets Foothold in The World’s Hottest NatGas Discovery
Taking a role in this emerging hotspot is exactly what Rosneft is looking for.
Read More »Construction of Turkey’s First Nuclear Power Plant to Start in Late 2017
The agreement was signed at the 9th international forum ATOMEXPO 2017 in Moscow in June.
Read More »A Stronger OPEC Needs Russia
OPEC realized the importance of working with Russia two decades ago. but the Russians did not understand the importance of working with OPEC until lately.
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