Rosneft said that production offshore Vietnam is very profitable.
Read More »PetroChina Rise Gas Supply to Help Meet Demand
PetroChina raised April gas supplies by 14 percent over a year earlier.
Read More »Venezuela One of the Biggest Risks in the Oil Market in the Coming Months
Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.
Read More »Novak to Retain Post in New Government
Russia’s Energy Minister Alexander Novak will retain his post in the new government.
Read More »Iran`s Oil Export Drop not Expected if EU Saves Nuclear Deal
U.S. President decision to quit a multinational nuclear deal would not affect Tehran’s oil exports if the EU could salvage the pact.
Read More »India has Saudi Assurances on supply as Oil Hits $80 per barrel
OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.
Read More »Iran Agrees to Build New Refinery for Sri Lanka
Iran’s offer comes as Chinese. Middle East and Russian companies are in ``preliminary discussions`` to build a 100.000 bpd refinery for CPC.
Read More »Russian Gas Pipeline to Germany Raises U.S. Intelligence Concerns
U.S. was skeptical whether Russian transit guarantees for other countries such as Ukraine were enforceable.
Read More »Total will not Pay Penalty if It Quits Gas Project in Iran
Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.
Read More »Min: Oil Prices at $60-$65 Per Barrel is Logical
United States was trying to keep prices inflated in order to support U.S. shale oil growth.
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