The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.
Read More »Yuan Oil Contracts to Strengthen China`s Currency Status
The share of yuan-backed crude oil contracts has soared to 12 percent of global trading since the US withdrawal from the Iran nuclear deal.
Read More »BP chief Sees Shale. OPEC Cooling Oil Markets
The surge in U.S. output has been offset by deep supply cuts for over a year by OPEC and other producers including Russia.
Read More »Putin Seeks Common Cause with Merkel over Trump
The volume of transit would have to be ".commercially viable". for Ukraine.
Read More »Saudi Arabia. UAE. Russia to Discuss Oil Supplies Following US Withdrawal from JCPOA
St. Petersburg International Economic Forum will be held on May 24-26. 2018.
Read More »Europe has Nothing to Fear from Increased Russian Gas Market Share
The rising Russian share of the European gas market should not be a cause of concern for Europe.
Read More »SOCAR Registers two Companies to Develop New Fields in Caspian
The first phase of the field’s development envisages drilling of one well at a sea depth of 470 meters.
Read More »Europe. China Competition for LNG
Russia. Europe’s biggest gas supplier. sees higher demand for its pipeline gas. undermining the region’s efforts at diversification.
Read More »Pouyanne: Iran Sanctions. Venezuela Collapse Likely to Push Oil to $100 b
Total said Wednesday it had halted plans to help develop Iran'.s giant South Pars gas field.
Read More »OPEC Compliance Reaches Record 172%
OPEC and several other non-OPEC producers have reached an agreement to extend the production deal for a further nine months.
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