Latest news
Turkey, Russia ink pipeline agreement, end gas dispute
Turkey and Russia have reached a retroactive agreement for a 10.25 percent discount on the natural gas Ankara buys from Moscow, Energy and Natural Resources Minister Berat Albayrak said Saturday.
read more... 28/05/2018
France's Total takes stake in Russia's Arctic gas project
French energy major Total will buy a 10 percent stake in a Russian Arctic gas project under a deal struck during Emmanuel Macron’s visit to Russia, and showing the Kremlin’s ability to find foreign partners despite Western sanctions.
read more... 25/05/2018
Russia's Rosneft discovers new oil field in Iraq
Bashneft International, a subsidiary of Russian state-owned oil company Rosneft discovered a new oil field in Iraq as a result of drilling of the first exploratory well at Block 12, Rosneft said in a press release.
read more... 24/05/2018
EIA: U.S. remains the world’s top producer of petroleum and natural gas hydrocarbons
The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.
read more... 23/05/2018
World's 1st floating nuke plant in situ for fuel loading
The world's first floating nuclear power plant (FNPP), Akademik Lomonosov, arrived in Murmansk in the northwest of Russia for fuel loading, according to Russia's State Atomic Energy Corporation Rosatom on Saturday.
read more... 22/05/2018