Tag Archives: Russia

Gazprom and Botas inked an agreement on conditions and parameters for the section construction.

Saudi Arabia and Russia are reportedly nearing an agreement to jointly increase oil production in the upcoming period.

Move follows pressure from US as prices breach $80 a barrel.

The EIA estimates that the US pumped the equivalent of 30 million barrels of oil per day in 2017.

OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.

Middle East oil producers and Russia have forged closer ties since striking a deal to cut global crude output in a bid to remove a glut in supplies.

Šefčovič’s statement from Brussels reiterated the need for continued. long-term transit of Russian gas through Ukraine to the EU that would be both reliable and commercially viable.

This discovery as an important milestone in the development of exploration and production projects abroad.

Russia’s next major liquified natural gas project is likely to be served by a fleet of domestically built vessels sailing under Russian flag.

The South Stream project was cancelled by Bulgaria following pressure from the European Union and the United States.