Russia and Saudi Arabia may potentially invest billions of dollars into implementation of joint oil projects.
Read More »Gazprom Neft to Develop Digital Technologies in Conjunction with Skoltech
The signed agreement is directed at promoting a long-term partnership between the two organizations to promote the development of promising projects and new opportunities in oil and gas.
Read More »Putin Eyes Bitcoin Rival to Spur Economic Growth Beyond Oil
Besides being a method of exchange. Ethereum can also serve as a ledger for everything from currency contracts to property rights.
Read More »Russia Willing to Develop 9 Iranian Oil. Gas Fields
St. Petersburg International Economic Forum also offered innovative and attractive solutions for the oil and gas sectors.
Read More »SOCAR to Create Another Big Petrochemical Complex in Turkey
About $11 billion of Turkey’s negative trade balance accounts for the petrochemical sector.
Read More »Lukoil Launches Cylinder Oil for Low-Sulphur Fuel
The current global limit for sulphur content of ships’ fuel oil is 3.5% by mass.
Read More »Russia and Austria`s Firms May Cooperate in Iran Project
OMV could help Gazprom Neft in the initial geological assessment of two blocks in Iran.
Read More »China Supports Iran`s SCO Attainment
China. Russia. Kazakhstan. Kyrgyzstan. Tajikistan and Uzbekistan formed the SCO in 2001.
Read More »Lukoil Continues Construction at Yuri Korchagin Field in the Caspian Sea
Facilities of the second stage at Yuri Korchagin are to be put into operations in 2018.
Read More »Aramco Raises Crude Pricing to U.S. and Asia on Increased Demand
Saudi Aramco had cut Arab Light pricing to Asia for the past three months as the kingdom fought to defend sales.
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