Latest news
Russia agrees with four nations to divide resources beneath Caspian Sea
Iranian President Hassan Rouhani, Azeri President Ilham Aliyev, Kazakh President Nursultan Nazarbayev, Russian President Vladimir Putin and Turkmen President Kurbanguly Berdymukhamedov walk on the embankment of the Caspian Sea following the Fifth Caspian Summit in Aktau, Kazakhstan August 12, 2018.
read more... 13/08/2018
Russia’s Rosneft, Gazprom Neft mulling expansion of cooperation with Sudanese companies
Russian companies Rosneft, Gazprom Neft and Technotec are considering the option to expand cooperation with Sudanese firms, Russia’s Ministry of Natural Resources and Environment said in a statement.
read more... 24/07/2018
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
Total to develop gas project in Oman
Total signed a memorandum of understanding (MoU) with the government of Oman to develop natural gas resources in the Arabian Peninsula nation, the company announced Sunday.
read more... 21/05/2018
The exploration expenses of the big oil companies decline for the fifth year in a row
Despite the strongest beginning for oil prices in the last four years, the major oil companies in the world are not very eager to hasten the search for new resources as their willpower to retain capital discipline surpasses the hope of making successful discoveries.
read more... 05/01/2018