Russia has held a decades old gas supply monopoly. dating back to the end of World War II. in Europe.
Read More »Iran Studies Staging Joint Naval Drills with Russia. China
Iran will stage large-scale naval drills in the Sea of Oman and Indian Ocean in the near future.
Read More »Japan will Enhance its Energy Cooperation With Russia
Japan relies heavily on imports from the Middle East.
Read More »OPEC Group Trying to Continue Cut Pact with Russia
Moscow is better positioned to balance its budget at current levels than Saudi Arabia.
Read More »Rosneft will Invest in Iraq’s Kurdistan amid Crisis
The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »Russia Needs Legal Guarantees from EU to Start Work on Turkish Stream
The pipeline’s offshore section is expected to equal about 910 km.
Read More »Gazprom Plans to Construct Small Scale LNG Plant on Sakhalin Island.
The facility would have a capacity of 100 000 tpy of LNG.
Read More »Kremlin Criticize US Sanctions against PDVSA
The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.
Read More »Venezuela will Have Problem to Repay Its Debts to Moscow
Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.
Read More »Russia. China`s Top Crude Oil Supplier
China is among the countries that were granted a waiver from sanctions on Iranian oil imports.
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