Some in Europe have attempted to delay the pipeline in fear of geopolitical turmoil.
Read More »NIOC Signs MoUs for Developing Azadegan Field
The Azar field is a joint and complex field which is currently producing 30.000 barrels of oil per day. It is set to be expanded through new oil deals by an Iranian company.
Read More »Gazprom Neft Signs MOU with Iran`s OIEC
The document was signed by First Deputy CEO. Gazprom Neft. Vadim Yakovlev and OIEC CEO Behzad Mohammadi.
Read More »Europe `Stands Ready to Act` if US Sanctions on Russia Affect Its Oil and Gas Supplies
The EU is concerned that US sanctions will hurt investments in an oil pipeline connecting Russia to Germany.
Read More »EU Council to Discuss Nord Stream 2 Project in September
The European Commission requested the mandate to hold talks with Russia on Nord Stream 2 gas pipeline from the European Union member-states on June 9.
Read More »Russian Energy Minister to Discuss with Kuwait Oil Minister on LNG Supplies
Novak said Monday he is meeting with his Kuwaiti counterpart to discuss LNG exports.
Read More »EU Allows Gazprom to Use an Additional 40% of OPAL Gas Pipeline`s Capacity
Germany is leading a group of countries whose companies are taking part in building the 55bn cubic metre a year (cm y) route.
Read More »Iran`s 33 Oil MoUs in Post-Sanction Era
Iran needs 200 billion dollar investment to develop oil industry which should be supplied through foreign sources.
Read More »Russian Gazprom Starts Turkish Stream Pipeline`s 2nd String Construction
The Turkish Stream project was announced in late 2014 by Russian President Vladimir Putin during his state visit to Turkey.
Read More »Poland to Become EU’s Gas Hub
Since 1996 Poland has been getting the vast majority of its gas from Gazprom.
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