The MoU was signed during the Asia Pacific Economic Conference (APEC) in Port Moresby.
Read More »European Companies have Outspent U.S. Rivals on Clean Energy Investments
ExxonMobil was heavily criticized over its slower move to embrace the concerns of climate change.
Read More »Russian Shipyard Starts Serial Production of Aframax Oil Tankers
The shipyard will build 25 tankers for Rosneft.
Read More »China Pledges Huge Natural Gas Supply Boost
Other Chinese oil companies are also gearing up for the winter season.
Read More »Oil Price at Any Level Comfortable for Rosneft
Rosneft will work on increasing its market share if oil prices drop.
Read More »Gazprom Neft Cooperate in Abu Dhabi`s Oil and Gas Projects
Gazprom Neft could partner with Mubadala. Adnoc and other companies in the development of oil and gas reserves.
Read More »Gazprom Boosts Gas Supplies to Germany
Offshore pipe laying is currently underway in German territorial waters and in the exclusive economic zone of Finland.
Read More »Asia Expects a Milder Winter
Spot LNG prices in North Asia have slumped for seven weeks in the longest losing streak since January 2016.
Read More »Wintershall Stops Activity in Iran over US Sanctions
German energy company Wintershall has stopped activities in Iran over US sanctions against Tehran.
Read More »BP to boost Middle East Presence
BP concluded its purchase of global miner BHP Billiton for $10.5bn earlier this year.
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