The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.
Read More »Chevron. Total Interested in Majnoon Oilfield
Royal Dutch Shell said last month it had agreed with Iraq’s oil ministry to relinquish operations at the Majnoon field to the government after unfavorable changes to fiscal terms.
Read More »Halliburton. Schlumberger Eyeing Venezuela Ramp-Up
Halliburton said last year that it began scaling back operations in Venezuela as a result of delayed payments.
Read More »Iraq Reportedly Urges Turkey. Iran to Close Borders with Iraqi Kurdistan
The Iraqi Foreign Ministry has called on Ankara and Tehran to close checkpoints at the border with Iraqi Kurdistan.
Read More »IP Critical to Fulfill Pakistan`s Energy Needs
Iran has over 400 years of gas resources available and Pakistan can take benefit of that by completing the gas pipeline project.
Read More »OPEC. Others May Take Some Extraordinary Measures in 2018 to Rebalance Oil Market
Barkindo said consultations are under way for the extension of OPEC output cut deal beyond March 30. 2018.
Read More »The Energy War That Erdogan Is Winning
One of the main consequences here is the exploration by Turkish vessel Barbaros Hayrettin Pasa.
Read More »Saudi Aramco Expands in India
Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.
Read More »Qatar Offers Russia to Take Part in Projects on LNG Production
Qatar is one of the largest suppliers of liquefied natural gas in the world.
Read More »Europe Will Receive Azerbaijani Gas in 2020
TANAP project will be completed and the TAP Trans-Adriatic gas pipeline will be completed in 2020. then supply of Azeri gas in Europe will begin.
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