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.
Read More »Qatar Diplomatic Row Unlikely to Affect Vienna Agreement
Russia does not expect the latest regional diplomatic crisis with Qatar to affect an agreement among major producers to cut oil output.
Read More »Ukrainian President Welcomes the Stockholm Court Judgment
For the first time. Moscow is losing the opportunity to use gas as an instrument of political leverage and blackmail.
Read More »Gazprom CEO: Nord Stream 2 May Not Be Enough to Meet Europe’s Natural Gas Demand
There are still two years and a half before the Nord Stream 2 goes into operation.
Read More »Russia and Saudi Arabia Considering Projects on Renewable Energy Resources
Saudi Arabia and Russian companies are discussing a number of joint oil and gas projects.
Read More »SOCAR Talks Work as Part of Southern Gas Corridor’s Projects
The South Caucasus Pipeline Expansion Project has been completed by 85 percent.
Read More »Russia Expects No Other Countries to Exit Paris Climate Deal After US Decision
The Paris agreement on climate change was adopted on December 12. 2015. following the results of a conference in the French capital.
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