Production in 2018 is set to increase as new fields come on stream.
Read More »Russia Honors its EU Gas Commitments
All existing commitments to supply and transit gas to the EU are being honoured.
Read More »Russian LNG Heads to UK amid Cold Snap
Gazprom and a group of Western energy companies are now working on the construction of Nord Stream 2.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »Chevron said Will Survive Under Any Climate Change Scenario
Fossil fuels’ share in the global energy mix falling from 54 percent to 48 percent by 2040.
Read More »Novak Puzzled by Stockholm Court’s Decision on Gazprom-Naftogaz Dispute
Gazprom disagreed with the ruling and voiced its intention ".to protect the rights which are available to it under the applicable law.".
Read More »China is Ramping Up its Presence in Iraq
The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.
Read More »Novak Unaware of other Firms Planning to Follow Exxon Steps
Energy companies including BP. Total. Statoil and Eni are present in Russia.
Read More »Iran Exports $5.5bn Non-Oil Products to Iraq
The average cost of Iran exports to Iraq has been $460 since the beginning of the current Iranian calendar year.
Read More »Gazprom has Started Terminating Gas Contracts with Ukraine
Russia’s gas giant Gazprom has started a procedure to terminate contracts with Ukrainian energy firm Naftogaz.
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