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LUKOIL drilled the 2nd well in the Eastern part of the Yuri Korchagin field
LUKOIL completed the construction of the 2nd production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.
read more... 15/11/2018
Pavilion Energy mulls over role in $25.5 billion Arctic LNG 2 project
Pavilion Energy is mulling over its participation in the US$25.5 billion liquefied natural gas (LNG) project dubbed Arctic LNG 2, to be developed by Russia’s largest independent gas producer, Novatek.
read more... 13/11/2018
Saudi Arabia, Russia discussing possible oil-production cuts
Saudi Arabia's energy minister said Sunday that the kingdom will reduce exports by about 500,000 barrels a day from November to December. Khalid al-Falih made the comment at a meeting of oil producers in Abu Dhabi.
read more... 12/11/2018
Total and ADNOC launch unconventional gas exploration in Abu Dhabi
Total has announced that it has signed a concession agreement with Abu Dhabi National Oil Co. (ADNOC) to launch an unconventional gas exploration program in the high potential Diyab play that spreads over 6000 km2 to the west of the ADNOC Onshore concession in Abu Dhabi.
read more... 12/11/2018
Asia overtakes Europe as Russian Rosneft's main export market
Russian oil major Rosneft is sending half its oil production to Asia
read more... 09/11/2018