Oil will remain the center of economic capability and economic development for decades to come.
Read More »Aramco More Flexible To Oil Price Slump
Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.
Read More »Mike Muller. Former Shell Oil Trading Boss Joins Vitol
Vitol is seen as one of the largest crude traders in the North Sea.
Read More »Iran Says U.S. Efforts to Ban Iranian Oil as is Unsuccessful
Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.
Read More »Gazprom and Partners Huge Investment in Nord Stream 2
The Nord Stream 2 pipeline is expected to come into service at the end of 2019.
Read More »Iran doesn’t Believe Oil Customers to Get Sanctions Waivers
The request to halt Japanese imports signals a tougher stance than in 2012.
Read More »Nord Stream-2 Project is Purely Commercial. not Political
In Germany and Finland. Nord Stream 2 AG has already received a full set of permits for the construction and operation of the gas pipeline.
Read More »Trump’s Tariffs on EU will Boost Russia-EU Ties
While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.
Read More »Third States Shouldn`t Threaten Nord Stream 2 with Sanctions
The Nord Stream 2 project has been welcomed by some countries in Europe. such as Germany and Austria.
Read More »Shell Considers Investing in Renewable Energy Projects in Kazakhstan
Kazakhstan has a vast potential for development of renewable energy sources.
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