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.
Read More »US Sanctions Force Russia’s Oil Giant Lukoil to Sell Its Distributor Litasko
Lukoil controls refineries in Romania. Bulgaria. Italy and the Netherlands. The company declined to comment on Reuters'. message about the possibility of Litasco selling.
Read More »Russia Aims to Spend $2.7 Billion on Arctic Development Before 2025
The Arctic has been in focus in recent years amid the deterioration of relations between Russia and the Western powers amid the Ukrainian crisis.
Read More »Russia and Saudi Arabia Plan to Extend Outputs Cuts Through June
Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.
Read More »MAN Diesel & Turbo and AKA Win Specialist Russian Order
The partnership with AKA represents part of MAN Diesel &. Turbo’s strategic development program.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »Gazprom Neft Presented Iran Oilfields Studies to NIOC
Iran has so far signed MoUs with 4 Russian companies for developing its oil and gas fields.
Read More »Venezuela Oil Minister to Visit Russia Ahead of Sept. 22 Vienna Meet
During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.
Read More »Saudi Sprint in China Oil Race Shows Where Priorities Lie
The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.
Read More »Foreign Countries in Talks to Develop Farzad-B Gas Field
In the meantime. other foreign companies are welcome to discuss their interest in the gas field.
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