The South Stream project was cancelled by Bulgaria following pressure from the European Union and the United States.
Read More »Total to Expand East Med Oil. Gas Exploration
U.S. energy giant ExxonMobil - with Qatar Petroleum - is scheduled to conduct drilling off Cyprus in the second half of 2018.
Read More »BP Halts Work on North Sea Gas Field due to US Sanctions on Iran
Oil giant is in the process of selling its stake in the Rhum field to a smaller British company.
Read More »Washington Threatens Sanctions for Nord Stream 2
Europe has been very active in showing its support for gas transit revenue dependent Ukraine.
Read More »Rosneft Starts Drilling at New Well Offshore Vietnam
Rosneft said that production offshore Vietnam is very profitable.
Read More »PetroChina Rise Gas Supply to Help Meet Demand
PetroChina raised April gas supplies by 14 percent over a year earlier.
Read More »Maduro Wins Second Term amid Boycott
Increasing authoritarian rule and mismanagement of the all-important state-run oil industry have caused a deepening economic crisis.
Read More »Novatek Create Shipping Company
Novatek was established in 1994 and is involved in the exploration. production. processing and marketing of natural gas and liquid hydrocarbons.
Read More »Pradhan Wants Saudis to Keep Oil Prices Stable
Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.
Read More »Pertamina still in Talks over Oil Field Deal in Iran
The Iranian government has given Pertamina an early May deadline to seal a deal for developing Iran’s Mansouri oil field.
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