Block D230 lies some 135 kilometres (84 miles) north-east of Baku in the Caspian Sea.
Read More »Statoil Name will Changes to Equinor
Statoil is one of the world’s most carbon-efficient producers of oil and gas. and will develop its low carbon advantage further.
Read More »European Parliament Takes Ukraine’s Side in Kyiv’s Dispute with Gazprom
The European Parliament believes that Russia'.s refusal to deliver gas to Ukraine is an element of political pressure.
Read More »Shah Deniz-2 Project 99% Complete
Construction works at the Sangachal terminal expansion area are complete.
Read More »IEA: The United States could Become the World’s Largest Oil Producer
Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.
Read More »Russia. the Largest Oil Supplier to the Chinese Market
EIA reported that Russia. however. is the largest oil supplier to the Chinese market.
Read More »Eni has Made a Gas Discovery Offshore Cyprus
Eni is the Operator of Block 6 with 50% of participation interest while Total is partner with the remaining 50%.
Read More »Russia Tries to Comply with OPEC Balancing Effort Based on Market
The next meeting for the monitoring committee. with Saudi Arabia and Russia as co-chairs. is January 21 in Oman.
Read More »Gazprom will Drive Russian Gas Production in 2021
Russia is expected to spend $55.7 bln as capex on conventional gas projects from 2018 to 2021. with spending topping in 2021 at $15.1 bln.
Read More »According to Gazprom. Austria to Set New Record for Russian Gas Imports in 2017
Russian gas monopoly Gazprom and Austria’s OMV discussed ongoing and future cooperation between the companies.
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