The Nord Stream-2 project is an expansion of the existing Nord Stream main gas pipeline linking Russia and Germany.
Read More »Egypt Signs New Agreements with European Oil Companies
The oil sector will continue to sign more agreements to attract foreign investment.
Read More »Oil Minister to Attend JMMC Meeting in Algeria in September
The JMMC is chaired by Saudi Arabia and is due to meet next on Sept. 23 in Algeria.
Read More »Iran-Turkmenistan 2 Year Gas Dispute Goes to ICA
During the two-year time that the proceeding is going on. no gas will be exported to Iran from Turkmenistan.
Read More »China`s Considerable Influence on LNG Bunkering
CNPC'.s PetroChina division has a 25-year supply contract with U.S. producer Cheniere.
Read More »Chinese State Refiners Output up 12 pct in July
Crude oil output in July dropped 2.6 percent on-year to 15.85 million tonnes. or 3.73 million bpd.
Read More »Saudi Arabia Cut Production. Oil Prices Rise
The OPEC remains positive on the overall oil demand.
Read More »Sinochem to Transfer WEPEC Refinery Stake to PetroChina
The move is in line with a transformational strategy pushed by Sinochem chairman Ning Gaoning to zero in on core assets.
Read More »Russia will Increase Oil Production to New Record Highs in 2019
OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.
Read More »Iran Offers Discount on Oil and Gas to Asia
Much will depend on the European Union. which has vowed to resist US sanctions on Iran.
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