Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits.
Read More »Lukoil Enters Hydrocarbon Production Project in The Congo
PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.
Read More »Russia Sees $60 Oil Satisfactory
Due to the production cuts. Russia’s economy is expected to grow by just 1.2 percent in 2019.
Read More »Oil Down amid Rise in US Inventories
OPEC. together with its allies. has been withholding production since the start of the year to prop up the market.
Read More »Zero Emissions Law Should Be PM`s Legacy. Scientists Say
Leading climate scientists have called for Theresa May to make her legacy a target to cut greenhouse gases to zero by 2050.
Read More »China Targets FedEx in Warning to U.S
China targeted FedEx Corp. in its escalating trade war with the U.S.. giving a hint of the kind of foreign companies it may blacklist as unreliable.
Read More »Mexico Kicks Off $7.7 Billion Refinery Construction
Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery.
Read More »Chevron Seeks Relief from Trump`s Venezuela Oil Sanctions
Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business in oil-rich Venezuela.
Read More »French Solar Power Generation Surges in First Quarter After Sunny Spell
French solar power generation surged by more than half in the first quarter. lifted by a period of prolonged sunshine in February and March and new capacity installations.
Read More »Why Google Has a Target on Its Back in Washington
The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition.
Read More »