Rosneft. Russia'.s biggest oil producer. is 50 percent state-owned.
Read More »Neka Port Gets First Oil Swap Cargo in 7 Years
The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.
Read More »Petronas Looks at LNG Expansion
Petronas will continue to focus on growing its crude oil business which now contributes to 80% of its $1.5 billion revenue from India.
Read More »Poland Plans to Abandon Russian Gas in Five Years
The current contract for the supply of Russian gas to Poland is in effect until January 1. 2020.
Read More »New US Sanctions on Russia Increase Uncertainty on European Gas Markets
The U.S.'. latest law imposing new sanctions on Russia materially increases uncertainty in European gas markets.
Read More »Poland Welcomes US Anti-Russia Sanctions That Could Affect Nord Stream 2
It is an initiative to bypass Central Europe and in the future to create the possibility for Russia to blackmail Central European countries.
Read More »Russian Security Council Recommends Fostering Liberalization of Gas Export
Gazprom is the only company that currently has the right to export pipeline gas from Russia.
Read More »New Innovation in Oil Spill Detection
Oil is almost always collected far from where it is used. That means it needs to be transported. sometimes over great distances. Be it by ship. truck. pipeline. or rail. it’s a task that’s fraught with risk…
Read More »Toshiba Announces New LNG Operating Company
Over the past two decades. natural gas has emerged as a primary fuel. driven by concerns over greenhouse gas emissions and the desire for high conversion efficiency in power generation.
Read More »German Economy Is at Risk Due to New US Sanctions Against Russia
As the media notes. the new sanctions were not coordinated with the European countries.
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