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Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.
Read More »Venezuela Enters New Phase of Crisis
Gazprom is Ready to Build Nord Stream 3 Pipeline
Nord Stream 2 gas pipeline that would link Russia and Germany while bypassing other transit countries is being built under the Baltic Sea.
Read More »BP Names Oil Industry Veteran Helge Lund as Chairman
Norwegian previously ran Statoil and BG Group.
Read More »End of Gas Transit via Ukraine to have ‘Geopolitical Consequences’
Gazprom is ready to hold negotiations with Naftogaz of Ukraine on gas transit after the expiration of the current contract.
Read More »Russia is Ready to Provide Europe with as much Gas as It Needs
Russia has been implementing the Nord Stream 2 project. which intends to double the existing capacity of the Nord Stream pipeline from Russia to Germany.
Read More »Kuwait Energy Starts Producing Natural Gas from Field in Southern Iraq
Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.
Read More »Aramco. Total Eye Saudi Petrol Station Market
Other large energy majors are looking to divest distribution assets and focus more on core exploration activities.
Read More »Aramco Considers to Become One of World`s Biggest Oil Traders
Saudi oil giant plans to trade as much as 6 million barrels a day.
Read More »Gazprom Plans to Build a $ 20 Billion Plant Near the Baltic Sea
The estimated cost of the project is nearly $ 20 billion. adds Vedomosti'.s interlocutors.
Read More »BP Considers Partnership with Rosneft Despite Sanctions
The major part of the summit is being dedicated to several important topics.
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