Tag Archives: Russia

Petrofac’s works will be directed towards a debottlenecking operation to expand the Sarqala field’s central processing facility.

Kazakhstan’s energy ministry said Rosneft has not officially applied for an increase in transit volumes to China.

The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.

Qatar is one of the largest suppliers of liquefied natural gas in the world.

The geopolitical reality in the Middle East is changing dramatically.

The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.

Russia’s rise came as U.S. policy makers grew preoccupied with Asia. and the American public tired of Middle East wars – something both Obama and Trump acknowledged.

Russian oil production has been steady. at around 10.9 million bpd due to a global pact to reduce total production by around 1.8 million bpd to support weak oil prices.

Twenty-five more projects in various economic sectors are currently being studied. Russian Minister of Energy Alexander Novak said.

OPEC ministers attending the Moscow event said they were considering extending the deal or making a deeper cut.