The Russian Ministry of Energy expects that OPEC+ countries will come to a consolidated decision on Tuesday.
Read More »The Sliding Market Share of OPEC
OPEC nations are bearing the burden of the market-share loss unevenly.
Read More »Mitsui Invest in LNG Project in Arctic Ocean off Russia
LNG production from the project is slated to start around 2023 with an annual capacity of 19.8 million tons.
Read More »World`s 1st Gas-to-Gasoline Plant Officially Opened in Turkmenistan
The plant was built by Turkish company Rönesans and Japan'.s Kawasaki Heavy Industries.
Read More »Iran Is Content with Current Oil Price but more Export is Needed
Iran is content with the current oil price but the country under US sanctions wants to boost oil exports.
Read More »Japan will Invest about $3 bln in Russia`s Arctic LNG 2 Project
The Arctic LNG 2 is the second LNG project of Russian independent gas producer Novatek after Yamal LNG.
Read More »Kermanshah Refinery Leading Environmentally
Kermanshah Oil Refinery is the second oldest oil refining complex in the country after Abadan Refinery.
Read More »Russia. Saudi OPEC+ Extension Pact will Help Stabilize Oil Market
Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.
Read More »Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »Rising Shale Oil Production Becomes U.S. Self-Sufficient in Market
The U.S. will hardly become completely self-sufficient with oil overnight.
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