Rosneft also signed a contract with CEFC for Russia to increase direct supplies of crude oil to China.
Read More »Brazil`s Petrobras. China Development Bank Sign Cooperation Deal
Petrobras is the world’s most indebted oil producer and has been forced to sell assets and slash spending.
Read More »Russian Deputy PM Backs Gerhard Schroeder`s Candidacy for Rosneft Board
Schroeder held the office of the German chancellor in 1998-2005 and was the leader of the SPD in 1999-2004.
Read More »Exxon Restarting Second-Largest U.S. Refinery
The company said it began initial restart of the 560.500 barrel per day (bpd) Baytown refinery on Friday night.
Read More »Total Could Miss Out On 14 Billion Barrel Brazilian Reserves
The subject of the study is an area that could contain up to 14 billion barrels worth of oil reserves.
Read More »Petronas. Aramco Keen on $1.8 Billion Daewoo E&C Controlling Stake
In July. Petronas scrapped a proposed C$36 billion ($29 billion) liquefied natural gas project in western Canada due to weak prices. in a blow to its global ambition.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Germany to Finance LNG-Fueled Ship Construction
The vessel is under construction at the Fassmer shipyard in Germany and will be owned by Bundesamt für Seeschifffahrt und Hydrographie.
Read More »Chinese CNOOC Received the 1st-Ever Oil Cargo from Saudi Aramco
The vessel’s arrival at the Huizhou terminal was celebrated by an Aramco Asia delegation together with representatives from CNOOC upper management.
Read More »Mexico Gives Pemex Two More Years to Explore 101 Oil Blocks
Under Mexico’s energy reform of 2013. the government opened oil and gas exploration blocks to international investments for the first time in more than 70 years.
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