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The first production unit at Arctic 2 LNG will come online by the end of the third quarter of 2023.
Read More »Russia Close to Become a Dominant Player in Global LNG Market
Private Companies may be Allowed to Develop Arctic Shale
Gazprom and Rosneft are developing large deposits on the Arcric shale at the moment.
Read More »Tensions Surrounding the South China Sea
China aims to secure exclusive access to such arrangements for its own oil giants.
Read More »Half of Venezuela’s Oil Rigs may Disappear if US Waivers Ends
A shutdown in the rigs will put pressure on Nicolas Maduro’s administration.
Read More »Saudi Aramco`s Share in the World`s Fastest Growing Oil Market
Russian exports to India jumped fivefold to 3 million tons in the year ending March 2018.
Read More »BP will Enter India`s Fuel Retail Market with Reliance Tie-up
In 2011 BP acquired a 30 per cent stake from Reliance in some of its exploration blocks.
Read More »Vietnam Extends Offshore Drilling Campaign despite China`s Protests
China has made clear that it expects Vietnam to cease drilling operations and respect Chinese sovereignty over the South China Sea.
Read More »China Tries to Monitor Its Neighbors` Offshore Drilling Rigs
The China Coast Guard has recently deployed vessels to monitor oil and gas drilling in Vietnamese and Malaysian waters of the South China Sea.
Read More »Russia’s Crude Production Falls To Nearly Three-Year Low
Despite the rise in the June production. Russia was still complying. for a second month. with its pledge under the OPEC+ deal.
Read More »Russia Squeezing Embattled Venezuela for Tax-Free Gas Expansion
Russia’s state-controlled oil giant. Rosneft PJSC. is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap. a potential headache for the U.S. and Europe.
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