Russia’s crude oil production in April stood at 11.24 million barrels per day. still slightly off its promised level of 11.191 million bpd.
Read More »Russia-China Close to Big Arctic Projects
China as a buyer needs gas and a reliable long-term source.
Read More »For Turkey. Supplying Energy Resources of the Caspian Basin is Important
Turkey is interested in supplying energy resources of the Caspian basin to the world markets.
Read More »BP and SOCAR Sign New Oil Agreement
BP and the government of Azerbaijan extended their agreement to continue developing the ACG fields until 2050 in a major deal in 2017.
Read More »Exxon`s Newest Discovery in Guyana
Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »Oil Prices Rise with Decline in US Oil Rig Count
Crude oil prices were slightly up during the week with declines in U.S. crude oil inventories and production.
Read More »Japan Relies on Iranian Oil. to Talk to US about It
Tehran’s measures to cushion the impacts of US sanctions against the country would take Trump by ``surprise.``
Read More »Total will Invest in Russian LNG Terminals in Arctic & Far East
Total and Novatek have an ongoing relationship in LNG.
Read More »Cuba is China’s Newest Oil Hotspot
Cuba desperately needs new oil to help meet its energy needs.
Read More »Cuba is China’s Newest Oil Hotspot
Cuba desperately needs new oil to help meet its energy needs.
Read More »