Latest news
Russian giant Rosneft to expand in Libya and Iraq
Russian oil company Rosneft has expanded its activities in the Middle East by signing two oil purchase agreements in Libya and Iraq.
read more... 24/02/2017
Norwegian government would not give up its control in oil and gas firm Statoil
The Norwegian government said it will not cut its stake in oil and gas firm Statoil, as stated in parliament by oil and energy Minister Terje Soeviknes.
read more... 22/02/2017
Iran to ink oil deal to sell Russia 100,000 bpd
Iran is set to sign a deal to Moscow within the next 10 to 15 days to sell 100,000 barrels per day of oil to Russia, according to Iranian Minister of Petroleum Bijan Zangeneh.
read more... 22/02/2017
Rosneft begins drilling first exploration well in Iraq
Rosneft Group’s firm began drilling the first exploration well of Iraqi Block 12, as reported by the oil producer Monday.
read more... 20/02/2017
Indian cabinet awards 31 oil and gas blocks under 2016 bid round
The Indian government has finally approved the rights to 31 oil and gas exploration blocks comprising 44 small fields, which were auctioned under the Discovered Small Field (DSF) Bid Round 2016.
read more... 17/02/2017