Tag Archives: International News Agency

Sakhalin-1 is operated by Exxon Neftegaz Ltd. through which ExxonMobil owns 30 percent in the project.

Trading crude oil in IRENEX will occur soon through follow-up measures by the oil and finance ministers.

U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.

Rosneft supplies Germany with fuel via petrol stations operated by its partners BP and Total.

The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.

The optimization plan will help Tabriz Refinery to meet its target of reducing hazardous air pollutants.

Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.

Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.

Saudi Arabia and several other members of OPEC have increased exports sharply ahead of sanctions on Iran.

Sechin said last month he was satisfied with oil prices rising to $70-$80 per barrel.