Tag Archives: Production

As with Yamal. natural gas will be exported via the Northern Sea Route.

There is a general satisfaction with the strategy of 24 countries that signed a declaration of cooperation.

Iran has modified its petroleum contract model. ending a decades old buy-back system that barred foreign firms from booking reserves or taking equity stakes.

Iraq is holding talks with Iran to truck 15.000 bpd of Kirkuk crude to Iran’s Kermanshah refinery.

Microsoft has announced its second European wind project in the Netherlands with Vattenfall. one of Europe’s largest electricity and heat retail and producers.

The lion'.s share of petrochemical exports is bound for India. China and South Korea.

Iran and Russia signed several agreements to promote cooperation over energy issues during President Putin’s visit.

Russia and Saudi Arabia are leading a deal between OPEC and non-OPEC producers to cut global oil production. with the aim of propping up oil prices.

For Petrobras. the achievement of partnerships is an important strategy of the 2017-2021 Business and Management Plan.

Oil giant Rosneft has also planned to venture into LNG. and signed in May 2014 a preliminary deal with ExxonMobil to cooperate on the Far East LNG project.