The first round of talks regarding the extension of transit of Russian gas through Ukraine after 2019 took place in July.
Read More »US Sanctions Will Not Affect Russia-Iran Railway Cooperation
The contract for the production of 6.000 railcars says that the Russian side should provide the financial aspect of the project.
Read More »Petrobras Pushes more Crude to Top Importer China
Teapot refiner demand for low-sulphur product boosts Brazil oil output.
Read More »Zohr Gas Field Capacity to Reach 2 bcfd by September
In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.
Read More »Study Assesses OPEC’s Spare Capacity Value
The study is based on date only up to October 2014.
Read More »CNPC will Invest $22 Billion to Boost Oil Production
China’s crude oil production dropped by 2.3 percent on the year in June.
Read More »Lukoil Completes Drilling of First Caspian Sea Production Well
Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.
Read More »Europe`s Energy Giants Earn Benefits of Oil Price Surge
The rise in the price of crude is obviously very good news for oil companies.
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 »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.
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