Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.
Read More »China Hints at Early ‘Petro-Yuan’
The Chinese plans to pay in yuan for oil are at early stages.
Read More »Pipeline for Peace
Back in 2008. Russia and South Korea signed a preliminary agreement on the delivery of Russian gas.
Read More »China Manages to Become Co-Owner of Russia`s Biggest Oil Company
Rosneft and CEFC Energy inked a deal on crude oil deliveries in 2017.
Read More »Nightmare Scenario for OPEC
The IEA sees demand for OPEC oil actually declining in absolute terms over the next few years .
Read More »Venezuela`s Saviours?
Both China and Russia have extended massive credits to Caracas.
Read More »Gazprom Returns Payment & Stops Deliveries to Ukraine
The gas giants are currently involved in a long-standing litigation over the terms of the current delivery contract.
Read More »Saudis Needs Oil Prices to Rise as High as Possible
Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.
Read More »China Surpasses United States as Biggest Nuclear-Energy Nation
China will be the main driver for reshaping the energy market in the upcoming years.
Read More »Venezuelan State Oil Firm Use National Cryptocurrency
The petro is backed by the country’s oil. gas. gold and diamond reserves.
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