The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina.
Read More »Russia Proposes Energy Research Initiative for BRICS States
Russia has proposed to create a research platform for the energy sector to be shared among the BRICS states.
Read More »Denmark Prepares a Bill Against Nord Stream-2
The Government of Denmark proposes to amend the Law on the Continental Shelf. which provides for the refusal to construct pipelines in the event of an environmental threat.
Read More »Delivery of Russian Gas to Armenia Resumed
Despite the halt both enterprises and households in the country continued getting gas from the Abovyan underground storage facilities.
Read More »Moscow Says Schlumberger Russian Oil Services Deal Held Up by U.S Sanctions
In 2015. Schlumberger agreed to buy 45.65 percent of EDC for $1.7 billion. but the deal fell through after the Russian anti-monopoly repeatedly postponed its approval.
Read More »Russia Likely to Back Extension of OPEC Deal as Prices Stabilize
Russia’s publicly traded oil producers. both state-led and non-state. have voluntarily reduced output in order to support prices.
Read More »Iran Trilateral Energy Deal to Boost Foreign Participation. Market Access
According to SHANA. the new oil deals based on Iran Petroleum Contract (IPC) is expected to replace buy-back contracts.
Read More »Russia`s Rosneft. China`s CEFC Agree Joint Exploration in Siberia
Rosneft also signed a contract with CEFC for Russia to increase direct supplies of crude oil to China.
Read More »Russian Deputy PM Backs Gerhard Schroeder`s Candidacy for Rosneft Board
Schroeder held the office of the German chancellor in 1998-2005 and was the leader of the SPD in 1999-2004.
Read More »Washington Ready to Block Potential Russian Takeover of U.S. Oil Firm
The Trump administration is ready to block a Russian state-owned oil giant from gaining control of critical energy assets in the U.S. owned by Venezuela.
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