Gasoline stocks dropped by 3 million bbl. compared with analysts'. expectations in a Reuters poll for a 227.000-bbl drop.
Read More »SOCAR Contributes to the Global Climate Change Efforts
SOCAR emissions from gas flaring stand at 0.3 million cubic meters per thousand barrels of oil equivalent per year.
Read More »Total will not Give Up on Venezuela
Earlier this month. Chevron Corp said two of its executives had been arrested in Venezuela.
Read More »China`s Successful Compulsion of Vietnam in the South China Sea Deserves US Attention
Washington failed to back up its words with action after Beijing pressured Hanoi into abandoning a South China Sea oil drilling project.
Read More »Russia. Iran can Extend Oil Supplies Agreement for 5 Years
In May 2017. Iran and Russia reached an agreement to begin oil supplies under the oil-for-goods program established back in 2014.
Read More »Iran Hydrocarbon Reserves will Last 155 Years
Iran boasts one of the world'.s largest proven oil reserves of 158.7 billion barrels.
Read More »Eni`s Strategic Partnership with Sonatrach
Italy’s gas imports have tipped away from Algeria towards Russia in recent years as Algerian production has stagnated.
Read More »Tax Change could Boost Oil Output
Russia’s parliament has approved the new profit-based tax on the oil industry on a first reading.
Read More »BP CEO Aims to Keep Carbon Emissions Flat into 2025
BP said it plans to keep net emissions from its operations stable between 2015 and 2025.
Read More »Trump Administration Delays New Sanctions on Russia
The United States has taken a series of recent measures against Russia.
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