Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.
Read More »Lukoil Enters Hydrocarbon Production Project in The Congo
Russia Sees $60 Oil Satisfactory
Due to the production cuts. Russia’s economy is expected to grow by just 1.2 percent in 2019.
Read More »Russia. China Condemns US`s Unilateral Sanctions against Iran
The Russian and Chinese leaders have stressed the importance of the JCPOA.
Read More »Novatec`s Cooperation in China with Sinopec and Gazprombank
Chinese companies are investing in the development of Novatec’s LNG projects in the Arctic region of the Russian Federation.
Read More »Sechin: Oil Contamination had Negative Impact
Pipeline monopoly Transneft had assured Rosneft it would be compensated for all losses from the oil contamination.
Read More »Russia`s 2019 Growth Outlook due to Lower Oil Output
Russia’s average daily oil output has dropped to a three year-low in June.
Read More »Russia will Contribute 32% of Global New-Build Underground Gas Storage Capacity Growth by 2023
GlobalData identifies Turkey as the second largest country in terms of new-build underground gas storage capacity growth by 2023.
Read More »Opportunity for Russia. China amid Trade War
US liquefied natural gas (LNG) was hit with a tariff of 25 percent. the highest rate in the Chinese countermeasures.
Read More »Nord Stream 2 Ready by 52%
Ukraine is adamantly opposed to the construction by calling it politically motivated.
Read More »Russia Meets Its OPEC+ Target in May amid Dirty Oil Crisis
Russia’s exports to countries outside the former USSR in May dropped to 20.17 MM tons.
Read More »