Falling production from Venezuela has contributed to a rally in global oil price Brent to nearly $80 a barrel.
Read More »Will Saudi Arabia Listen To U.S. Demands For More Oil?
OPEC officials in Kuwait just a few days ago tried to hash out a strategy ahead of the June 22 meeting.
Read More »Russia Extends Austria Gas Deal to 2040 After Putin’s Visit
OMV is one of four Western partners to Gazprom’s Nord Stream 2 project to export gas to Western Europe through Germany.
Read More »Turkey Becomes Energy Hub of Region
TANAP will be laid from the Georgian-Turkish border to the western border of Turkey.
Read More »Eni Says it has no Material Exposure to Iran
The United States has threatened to impose secondary sanctions on European companies doing business with Iran.
Read More »Putin: Energy is a Key Aspect of Russia-Austria Interaction
Russia’s plans to increase gas deliveries to Europe. including with the help of the Nord Stream-2 project. enjoy Austria’s support.
Read More »Lukoil and KazMunayGaz to Explore Zhenis Field in Caspian Sea
The Russian oil company discusses entering into a new project with KazMunayGas.
Read More »Russia and Pakistan to Sign $10 Billion Offshore Pipeline Deal this Week
Russia has nominated Gazprom for implementation of the project.
Read More »Lukoil Plans to Invest $270 mln in Exploration at Kazakhstan
The two companies will establish a consortium after completing procedures needed for the agreement to enter force.
Read More »Gazprom will Defend its Rights in Accordance with Applicable Law
Gazprom will defend its rights in accordance with applicable law.
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