The project partners plan to begin the first tests at operational wells of one of Rosneft’s subsidiaries in September. according to the University of Tyumen.
Read More »Iran May Start Oil Supplies to Russia Within Month
Moscow and Tehran may shortly agree upon conditions for sale of 100.000 oil barrels per day.
Read More »Russian Watchdog Says Schlumberger-Eurasia Drilling Deal ‘Has Big Problems’
In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.
Read More »Gazprom Boosts Natural Gas Exports to Turkey & Southern Europe
Gazprom Deputy Chairman Aleksandr Medvedev has said the company expects to sell up to 180 bcm of gas this year.
Read More »Turkey`s Unit International Signs $7bn Deal to Develop Gas and Oil Fields in Iran
According to Unit. the production expected from the unnamed Iranian gas field is 1.5 times the 50 billion cubic meters of gas imported each year by Turkey.
Read More »Shell Wraps Up SADAF Chemicals Sale in Saudi Arabia
Shell’s 50% share in the petrochemicals JV sold to SABIC for $820 million.
Read More »Russian Senator Offers Int’l Talks on JCPOA Issues
In July 2015. Iran and the major powers signed the nuclear deal. officially known as the Joint Comprehensive Plan of Action.
Read More »Shell Adds LNG Bunker-Supply Capacity in Europe with Charter and New Vessel
LNG as a marine fuel has an important role to play in the future energy mix
Read More »Maersk Oil on the Rise even as Drilling Battles Tough Market
Maersk Oil exploration costs are now expected to be below the 2016 level’s of $223million.
Read More »SOCAR. LUKOIL Eager to Acquire Assets in Turkish Market
LUKOIL owns a 10-percent stake in the consortium for the development of the giant Shah Deniz gas field in Azerbaijan.
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