Tag Archives: Lukoil

Russia’s state-controlled oil giant. Rosneft PJSC. is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap. a potential headache for the U.S. and Europe.

A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.

PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.

Russia’s exports to countries outside the former USSR in May dropped to 20.17 MM tons.

Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.

The level of execution of the deal by the OPEC countries in January was 86%.

PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.

The compliance with the agreed output cuts will be key to balancing the market in 2019.

Earlier this year Gazprom said exports could reach 205 Bcm in 2018.

Iran signed some MOUs with foreign companies after implementation of the Joint Comprehensive Plan of Action.