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TANAP will account for 10 percent of all gas imports to Turkey. which is important in terms of diversifying supplies.
Read More »TANAP will Strengthen Turkey`s Energy Security
Nord Stream 2 Receives all Permits in Russia
The Nord Stream-2 project is an expansion of the existing Nord Stream main gas pipeline linking Russia and Germany.
Read More »Egypt Signs New Agreements with European Oil Companies
The oil sector will continue to sign more agreements to attract foreign investment.
Read More »Iran-Turkmenistan 2 Year Gas Dispute Goes to ICA
During the two-year time that the proceeding is going on. no gas will be exported to Iran from Turkmenistan.
Read More »China`s Considerable Influence on LNG Bunkering
CNPC'.s PetroChina division has a 25-year supply contract with U.S. producer Cheniere.
Read More »Sinochem to Transfer WEPEC Refinery Stake to PetroChina
The move is in line with a transformational strategy pushed by Sinochem chairman Ning Gaoning to zero in on core assets.
Read More »Russia will Increase Oil Production to New Record Highs in 2019
OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.
Read More »China could Slap Tariffs on U.S. Oil
Some believe that China’s move aims to keep oil as a bargaining chip for future negotiations on tariffs or Iranian sanctions.
Read More »Merkel and Putin to Hold Meeting on Baltic Sea Gas Pipeline
At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``
Read More »Iraq and Petrofac Deal to Build Majnoon Crude-Processing Plant
In June. Royal Dutch Shell exited the Majnoon oilfield in southern Iraq and handed over its operations to the state-run Basra Oil Co.
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