Gazprom planned to borrow 417 billion rubles. one third of the amount needed for the construction (1.2 trillion rubles).
Read More »Rick Perry: America Is the Global Energy Leader
Trump intends to take some market share from Russia. which is the largest supplier of LNG to Europe.
Read More »Trump Wishes EU to Become `Massive Buyer of US LNG`
Germany is taking every effort to implement the Russian-European Nord Stream 2 project.
Read More »Oil Prices Rise after US Crude Inventories Fall
Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.
Read More »U.S. Completes Small-Scale Natural Gas Exports Rule
The final rule is expected to reduce the regulatory burden for additional small-scale LNG projects to come to market.
Read More »Oil Rise after Saudi Arabia Suspends Shipments through Red Sea
Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.
Read More »Europe will Import more US Natural Gas
The Nord Stream 2 line has faced criticism because it would allow Gazprom to bypass Ukraine'.s pipeline system.
Read More »China Solar Manufacturers Raise Output
China’s solar sector has been growing rapidly after local governments commissioned hundreds of new projects.
Read More »Dark Storm Hanging over the Oil Industry
Shell and BP predict oil consumption may flat line in the mid-2030s.
Read More »Novak Raises Forecast for Oil Production in 2018 by 3.5 mln tonnes
In July. Russia planned to boost production by 200.000 barrels per day.
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