South Korea is interested in buying 10 billion cubic meters of gas per year from Russia.
Read More »Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »ExxonMobil to Start Drilling Off Shore in Guyana
ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.
Read More »Ukraine Seized Gazprom Assets in the Netherlands
Russia has for years been trying to build new gas pipelines that bypass Ukraine such as Nord Stream.
Read More »Maduro Accuses US of Infiltrating State Oil Company
Maduro called for an ".economic counteroffensive". against the U.S.-led economic war that has seriously harmed the economy.
Read More »Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
Read More »Iranian Crude Exports Rise despite US Sanctions
Iran’s crude oil exports hit 2.7 million bpd in May. higher than its average volumes over the past year.
Read More »Russia’s Natural Gas Pipeline to Turkey will be Extended to Europe
The current Bulgarian government is regretting the decision to ditch South Stream.
Read More »Lebanon Launches Search for First Oil & Gas Reserves despite Israeli Threats
Lebanon and Israel’s dispute runs over a triangular area of around 860 square kilometers (332 square miles) of waters.
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