The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.
Read More »EU Urges Gazprom to Resume Ukraine Gas Flows
Roughly 15 percent of the gas Europe buys from Russia is transported through Ukraine.
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 »US to Compete With Russia in Europe`s LNG Market
The United States has been increasing its LNG deliveries to European Union countries.
Read More »Russian Rouble Weakenes by Geopolitical Tensions between Russia-UK
The market awaits the U.S. inflation data later in the day which could offer clues on the pace of interest rate rises this year.
Read More »Exxon is Dropping its Arctic Joint Venture with Rosneft
Rosneft is active in eastern Siberia while Exxon has been announcing discovery after discovery from its offshore licenses in Guyana.
Read More »Turkey could Cooperate with Russia to Provide Electricity to Syria
Similar cooperation could be created in various countries around the world if such a model is developed.
Read More »Russia Needs to Cooperate with OPEC
Soaring U.S. production is a ``risk`` to the Russian companies’ plans to keep their market share.
Read More »European Parliament Takes Ukraine’s Side in Kyiv’s Dispute with Gazprom
The European Parliament believes that Russia'.s refusal to deliver gas to Ukraine is an element of political pressure.
Read More »Ukraine in Global Search of Gazprom`s Foreign Assets
Diplomatic missions were instructed to locate the assets of Russia'.s Gazprom.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel