Tag Archives: Rosneft

Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.

According to the report. the refiner shipped in about 21 percent less oil from Iran at about 134.000 bpd in 2017.

Gazprom increased gas sales to almost all its buyers in Europe.

In 2016. the volume of oil refining at the company’s refinery in Germany increased by 17.8% .

China’s crude oil imports from Russia rose by 11 percent on the year in November.

OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.

Rosneft and BP will make joint efforts to develop new deposits. including those containing tight gas.

Kremlin hoped the settlement will not run into any problems.

The field. operated by Eni. was discoveredAugust 2015 and is estimated to have a total potential of up to 30 trillion cubic feet of gas in place.

Novak was a key driver of the push for Libya and Nigeria. whose surging production earlier this year helped to crash oil markets.