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Turkey occupies a strategic location and acts as a bridge between Europe. the Middle East and Central Asia.
Read More »Moscow – Ankara Gas Pipeline to Strengthen Russia in European Market
Russia Moves to Finance Arctic LNG Projects
Yamal LNG has raised additional finance with several European banks.
Read More »BP: Global Gas Consumption Slows Down
EU gas consumption increased sharply by 30 bcm. or 7.1 percent - the fastest growth since 2010. Russia saw the largest drop in consumption of any country (-12 bcm).
Read More »BP`s Decision about Future Role in Southern Ahvaz Oilfield
BP said last week that it will announce the result of its evaluation of NISOC'.s customized model soon.
Read More »Saudis Cut Back Oil Supply to Asia. Slash Exports to U.S.
Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.
Read More »Qatar Crisis to Boost LNG Spot Trade
The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.
Read More »Will GE Chief`s Retirement Derail Baker Hughes Merger?
The European Union'.s regulatory body signed off on the merger last month. The company is still waiting approval from the U.S. Justice Department.
Read More »Gazprom’s Power of Siberia Pipeline to China is Ahead of Schedule
Over 1.100 kilometers the gas pipeline to be completed by late 2017.
Read More »Gazprom’s Exports to Europe Hits Record High
On 7 May 2017. the construction of the TurkStream gas pipeline began.
Read More »SOCAR Modernizes Platform at Darwin Bank field
SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.
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