LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.
Read More »India Plans to Establish LNG Import Terminal in Myanmar
India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.
Read More »Poland Buys more LNG. Reduces Reliance on Russian Gas
PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia’s Gazprom.
Read More »Eni to Develop Discoveries in Mexico`s Offshore Area 1
Eni is present in Mexico since 2006 and established its wholly-owned subsidiary Eni Mexico S. de R. L. de C. V. in 2015.
Read More »Nord Stream 2 Developing Alternative Pipeline Route
Denmark is the last country that has not issued a permit for the laying of the gas pipeline in its exclusive economic zone.
Read More »Russian Oil Production Up 150.000 bpd in July
Russia has used stocks held in tanks at its oilfields to boost production.
Read More »Wintershall Says Not to Pursue Further Projects in Iran
Washington'.s European partners have repeatedly stated that they intended to continue to observe the terms of the deal with Iran.
Read More »BP will Dig Its First Exploratory Well in Gulf of Suez
The project is awaiting completion of security approvals and the licenses necessary to start drilling.
Read More »Pertamina to Take Major Indonesia Oil Block from Chevron
Pertamina pushed for the takeover despite questions about its financial capacity following last year’s profit slump.
Read More »Saudi`s $500 Billion Futuristic Mega City NEOM
NEOM was announced by Saudi Crown Prince Mohammad bin Salman at the Future Investment Initiative conference in Riyadh on October 24. 2017.
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