Azar holds 2.5 billion barrels of crude oil and is one of the joint fields with Iraq.
Read More »Why US `Will Never Be Able` to Replace Russia in EU Gas Market
The US is especially concerned over the Nord Stream 2 project and has been strictly opposing its implementation.
Read More »Gazprom. BOTAS to Create Joint Venture for TurkStream
Joint project company will be named TurkAkim Gaz Tasima AS. says Russian daily.
Read More »Russia`s Gazprom Rediscovers It Needs Ukraine
Last year. Gazprom used their pipelines to deliver over 80 billion cubic meters of natural gas. or roughly 46% of its Europe-bound gas deliveries.
Read More »Russia Says Row with Exxon Over Sakhalin-1 Is Resolved
Exxon has been in talks with Russian gas giant Gazprom for years over gas sales from Sakhalin-1.
Read More »Gazprom`s 2018 Gas Production Plan to Exceed 430Bln Cubic Meters
Gazprom'.s 2018 plan for gas production is expected to exceed 430 billion cubic meters. which were initially planned for 2017.
Read More »Russian Oil Giants Submit Plans to Develop Iran`s Oilfields
Lukoil and Indonesia’s Pertamina individually proposed plans to develop the Bangestan reservoir of the Mansouri oil field southeast of Ahwaz.
Read More »EU-Russia to Discuss Energy Ties. Security of Supply this Autumn
The Russian Energy Minister noted that Moscow assumes ``the European partners are interested in the implementation of this project``.
Read More »Russia`s Energy Minister Sees 2018 Oil Price in Range of $45-$55 Barrel
China had asked Russia about the possibility of shipping around 3.5 million tonnes of oil via the Russian Pacific port of Kozmino next year.
Read More »Denmark Prepares a Bill Against Nord Stream-2
The Government of Denmark proposes to amend the Law on the Continental Shelf. which provides for the refusal to construct pipelines in the event of an environmental threat.
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