Russia sought to increase the production and export of liquefied natural gas.
Read More »Iran Eyes 5 Oil Project Deals with Local Firms
Iran is likely to award up to five oil exploration and production contracts to local firms.
Read More »US will Surpass Saudi Arabia as World’s Top Crude Oil Exporter
Thanks to shale oil. the U.S. became the world’s largest crude oil producer and exporter for the first time in 2018.
Read More »Gazprom to Increase Gas Output by 2035
Gazprom has increased its share on the European market from 34.7% in 2017 to 36.7% in 2018.
Read More »Oil Market Expects Big Oil Doubles Down On Megaprojects
Saudi Arabia alone is spearheading three massive new projects offshore.
Read More »Venezuelan Crisis Has Zero Impact on Oil Market
Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.
Read More »French Court Fines Total Over 1997 Bribery Case In Iran
Iran says that China National Petroleum Corporation (CNPC) is replacing Total in the South Pars gas project.
Read More »Iran National Oil Company Rejects Rumors of Rosneft Leaving
Iran signed some MOUs with foreign companies after implementation of the Joint Comprehensive Plan of Action.
Read More »Rosneft Quits Iran. $30B of Potential Joint Investments
last year. Rosneft and NIOC signed a road map for strategic cooperation in oil and gas in Iran.
Read More »Europe`s Economy could Suffer from Iran Sanctions
Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.
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