Tag Archives: Europe

Despite the halt both enterprises and households in the country continued getting gas from the Abovyan underground storage facilities.

Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.

The Kish gas field is expected to yield 28 million cubic meters per day of gas. to be used domestically. and 11.300 bpd of gas condensate set for export.

In 2015. Schlumberger agreed to buy 45.65 percent of EDC for $1.7 billion. but the deal fell through after the Russian anti-monopoly repeatedly postponed its approval.

Russia’s publicly traded oil producers. both state-led and non-state. have voluntarily reduced output in order to support prices.

According to SHANA. the new oil deals based on Iran Petroleum Contract (IPC) is expected to replace buy-back contracts.

The East Coast of the U.S. could avoid supply disruptions for the time being because of adequate storage.

Rosneft also signed a contract with CEFC for Russia to increase direct supplies of crude oil to China.

Schroeder held the office of the German chancellor in 1998-2005 and was the leader of the SPD in 1999-2004.

The subject of the study is an area that could contain up to 14 billion barrels worth of oil reserves.