Latest news

Statoil acquires from Petrobras a 25% stake in Brazil field

Norway’s energy company Statoil purchased 25 percent stake of the huge Roncador petroleum field in the Campos Basin in Brazil from Petrobras.

read more... 19/12/2017

news

Russia's Rosneft obtained licenses from Venezuela for two gas fields

Russian oil giant Rosneft obtained from Caracas licenses for the development of two offshore gas fields.

read more... 18/12/2017

news

Romania will build a waste petroleum recycling facility

Romanian Green Oil and Lubes firm will have a recycling plant for waste lubricant oil. The $56 million project aims to transform oil waste into base oils so it might be reutilized in the automotive and industrial field. The 73,000 metric-tonne recycling site will be constructed in southern region of Romania, on Danube’s shore.

read more... 08/12/2017

news

China finds huge 1-billion-ton oil reserve in Xinjiang

A new oil field with around 1 billion ton of petroleum was discovered in China's Xinjiang Uighur Autonomous Region.

read more... 06/12/2017

news

Russia and Brazil signed nuclear collaboration agreement

Russian nuclear giant Rosatom and Brazilian state firm Eletrobras as well as its subsidiary company Eletronuclear inked a memorandum of understanding (MoU) aiming to boost cooperation in the nuclear energy field.

read more... 01/12/2017

news