Gazprom has invested tens of million dollars at sensitive oil and gas fields.
Read More »Petrobras Pushes more Crude to Top Importer China
Teapot refiner demand for low-sulphur product boosts Brazil oil output.
Read More »SABIC CEO Says Aramco Acquisition Talks are Only with PIF
JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.
Read More »Saudi’s Aramco Plan B is on Ice
Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.
Read More »Aramco Unlikely to Reduce Oil Exports to West after Houthi Attack
Oil producer has alternative channels to transport crude to its customers in Europe.
Read More »Zohr Gas Field Capacity to Reach 2 bcfd by September
In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.
Read More »CNPC will Invest $22 Billion to Boost Oil Production
China’s crude oil production dropped by 2.3 percent on the year in June.
Read More »Lukoil Completes Drilling of First Caspian Sea Production Well
Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.
Read More »Europe`s Energy Giants Earn Benefits of Oil Price Surge
The rise in the price of crude is obviously very good news for oil companies.
Read More »Gazprom Borrows Pension Money to Pay Off Debt
Gazprom planned to borrow 417 billion rubles. one third of the amount needed for the construction (1.2 trillion rubles).
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