Around 70% of Venezuelan oil since sanctions have been implemented in went to PdVSA’s customers in Asia.
Read More »Nord Stream 2 Is 70 Percent Complete
The Nord Stream 2 has long attracted opposition from some European countries.
Read More »Novak: Gas Transit through Ukraine is Unprofitable
The agreements on gas transport between Moscow and Kyiv end at the end of 2019.
Read More »Saudi Arabia may Raise April Crude Prices for Asia
Top oil exporter Saudi Arabia is expected to raise April prices for most of the crude grades it sells to Asia.
Read More »China Considers to Create New Oil and Gas Company
The plan is set to be announced before the endof the year.
Read More »Gazprom Expects the Considerable Rise in LNG Production This Year
Gazprom estimates that its share of the European gas market grew to 36.7% in 2018.
Read More »Japan`s Cosmo to Load Iranian Heavy Crude Early Mar as Refiners Step up Lifting
Cosmo Oil was among the first Japanese refiners along with Showa Shell. Fuji Oil to resume Iranian crude loadings in January.
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 Industry Faces ‘Crisis of Perception’ among Stakeholders
Passenger vehicles represent 20 percent of the world’s oil demand.
Read More »Saudi Aramco Plans to Shift around 2-3 Million Barrels of Crude Oil to Chemicals
The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.
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