Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »Gazprom Neft Drills First Multi-Lateral Well in Russia
Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »Aramco Seeking US$2b from Japan`s Export Agency
Saudi Arabia is seeking to sell as much as 5 per cent of Aramco.
Read More »Japan Firms Eyes in Brazil’s Vast Offshore Oil Deposits
Much of Brazil’s oil from offshore basins are buried under a thick layer of salt on the sea floor.
Read More »US has to Buy Russian Natural Gas as Consumer Prices Soar
US sanctions against the Russian energy sector do not directly ban supplies of LNG to America from Moscow.
Read More »Saudi to Ease Foreign Investment Regulation
Saudi Arabia opened its market to direct investment by foreign institutional investors in mid-2015.
Read More »Gazprom will Drive Russian Gas Production in 2021
Russia is expected to spend $55.7 bln as capex on conventional gas projects from 2018 to 2021. with spending topping in 2021 at $15.1 bln.
Read More »U.S. Turn to Europe for Siberian Cargo
U.S. domestic demand climbed to a record last week as snow and winds bombarded Americans on the East Coast.
Read More »A Big Victim from OPEC`s Oil Cuts
Oil prices and tanker earnings often move in opposite directions.
Read More »Oil Min: OPEC doesn`t Like Oil over $60 as It Nears $70
OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.
Read More »