The Russian oil production stood at 11.054 million barrels per day (bpd) on June 1-26.
Read More »Europe will Need LNG from US. Pipe Gas from Russia
Extraction of natural gas has been on decline in Europe. including in the United Kingdom. Norway and The Netherlands.
Read More »Big Oil CEOs Warn Trump Tariffs Hurting Oil Sector
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
Read More »Novak. Munchin Discuss Sanctions. Russian Gas Pipeline Plans
Russia depends heavily on pipeline networks to get its energy production to European markets.
Read More »It would be Impossiblefor Iran to Cut its Oil from Market Easily as Demanded by U.S.
The United States demanded all countries stop imports of Iranian oil from November.
Read More »Siemens to Supply Three Large Gas Turbines to Dubai
The commercial commissioning of the three gas turbine trains is scheduled for spring 2020.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »Amin Naser Promise to Meet Oil Demand after OPEC Strikes a Deal
Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.
Read More »Oil Rises on Libya Export Worries
Traders said prices were mostly driven up by uncertainty around oil exports by Libya.
Read More »Oil Markets Tense amid Outages. OPEC Policy and Trade Rows
US West Texas Intermediate crude futures was 35 cents higher at $68.43 a barrel.
Read More »