Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Official Sees Oil. Gas Deals in 3-4 Months
Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »Lukoil Calls for Exit from Output Deal if Oil Holds at $70
Lukoil shares rose by 5 percent to 3.880 roubles. giving the company a market capitalization of $55 billion
Read More »Russia`s upstream projects will require $102.6 billion by 2020
An average of $34.1 billion per year in capital expenditure will be spent on 1.673 oil and gas fields in Russia between 2018 and 2020.
Read More »Russia`s Upstream Projects will require $102.6 billion by 2020
An average of $34.1 billion per year in capital expenditure will be spent on 1.673 oil and gas fields in Russia between 2018 and 2020. according to GlobalData. a leading data and analytics company.
Read More »The Arctic Threat to Saudi Arabia’s Grand Oil Bargain
Russia has three oil export terminals on its Arctic coast.
Read More »Lukoil CEO: Oil Markets won`t Overheat
Moscow agreed to contribute around 0.3 million bpd to the cuts and Russian state and private companies are sharing the burden on a pro-rata basis.
Read More »OPEC. Russia have Showdown over US Shale Drilling Ahead of Meeting
Saudi Arabia and Russia have been the drivers of the production agreement.
Read More »Russia to Waver on Length of OPEC Output Cuts Extension
OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.
Read More »Abu Dhabi’s Adipec Draws Record Crowds as Oil Market Sentiment Improves
At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
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