Oil giant Rosneft has also planned to venture into LNG. and signed in May 2014 a preliminary deal with ExxonMobil to cooperate on the Far East LNG project.
Read More »Rosneft. National Iranian Oil Company Sign Strategic Oil and Gas Agreement
The parties have agreed upon the main principles of Rosneft’s participation in projects in the Islamic Republic of Iran and approved the path forward plan.
Read More »Putin Confirms Readiness to Supply Gas to Northern Iran via Azerbaijani Pipeline
Putin has called on Azerbaijan. Iran to coordinate efforts with Russia in energy sector Share.
Read More »Russia’s Gazprom to Help Build Iran-India Gas Pipeline
The parties will begin work on the project next year. after they will have signed all the legal paperwork later this year. according Novak.
Read More »OPEC vs. U.S. Shale: The Battle for Asian Market Share
In fact. the threat to OPEC from U.S. shale oil just got more serious as it became clear that the cartel and its partners are planning to extend their own agreement until the end of 2018.
Read More »New US Sanctions to Bar Americans from Arctic Offshore Oil Projects with Russia
The latest set of restrictions is being imposed over the conflict in Ukraine.
Read More »Oil Hits Highest Since Mid-2015 as OPEC Sticks to Supply Deal
Saudi Arabia and Russia are considering extending the agreement to potentially cover all of next year.
Read More »Iran. Russia building 2 nuclear power plants in Bushehr
The new power plants will triple Iran’s nuclear-generated electricity production to about 3.3 thousand megawatts a year.
Read More »Naftogaz Warns of Russian Gas Supply Concerns in Europe
Naftogaz continues to ensure secure transmission of gas volumes expected by European customers despite the pressure deficiencies on the Russian side.
Read More »Iran Prepares to Start Crude Oil Export to Russia
Russia will pay half of the oil money in cash in euro and the other half in the form of goods and equipment.
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