Russia is looking to open new gas fields and selling to the international market.
Read More »The Arctic Threat to Saudi Arabia’s Grand Oil Bargain
Russia has three oil export terminals on its Arctic coast.
Read More »Venezuelan Crude Exports to U.S. Fall To 15-year Lows
Venezuelan crude exports to the U.S. fell last month to their lowest levels since January 2003.
Read More »Asian Markets Looking Forward to Import More LPG from Iran
International trading firms Petredec and Glencore lifted cargoes from Iranian ports in December.
Read More »Russia Skirts U.S. Sanctions with $27 Billion Arctic Gas Plant
The Yamal project is an important step in Moscow’s efforts to build ties to China.
Read More »Russia is Aiding North Korea with Oil Imports. Ignoring U.S. Efforts to Isolate Kim Jong Un
In September. Reuters and The Washington Post both reported that Russia was helping North Korea avoid U.S. sanctions and providing the country with fuel.
Read More »Russia is Developing its Own Subsea Production Technology
Russian pipe companies are also introducing pipes. associated equipment and structural materials for natural gas liquefaction and offshore development projects.
Read More »Europe Buys 40% of Iran Oil in November
European companies resumed purchase of oil cargoes from Iran since implementation of the Joint Comprehensive Plan of Action (JCPOA) in 2015.
Read More »The US Wants China to Cut Off Oil Supplies to North Korea
The U.S. has for months insisted that more radical measures be taken against the North Korean regime.
Read More »Iran May Plan Fiscal Budget on $55 Crude
Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.
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