Latest news
Norway green lights Johan Castberg project in the Barents Sea
The Norwegian Ministry of Petroleum and Energy has approved Equinor’s plan for development and operation of the Johan Castberg field in the Barents Sea.
read more... 13/06/2018
Spain’s Repsol Buys New Crude Cargo from Iran Despite US Sanctions
Iran sold its first cargo from West Karoun to Spain’s Repsol after the US decision to exit the Joint Comprehensive Plan of Action (JCPOA). Repsol ordered 500,000 bpd of spot cargoes of West Karoun crude which Iran is marketing as Pars oil.
read more... 07/06/2018
India receives its cheapest LNG from Russia’s Gazprom
The Russian natural gas supplier, Gazprom, has launched supplies of liquefied natural gas (LNG) to India.
read more... 07/06/2018
Iraq started exporting oil to Iran from one of world’s largest deposits
Iraq has begun export deliveries of oil from the fields of the Kirkuk province to Iran. Transportation of oil from Kirkuk to Iran is a part of an agreement concluded between the two states’ oil ministries providing for exports in the amount of 30 to 60 thousand barrels per day.
read more... 04/06/2018
Ukraine, Qatar in talks on LNG supplies
Ukrainian President Petro Poroshenko has said that the diversification of sources of gas supplies to Ukraine is a matter of national security.
read more... 04/06/2018