Latest news
Lukoil to sign $10 bln oil supply contract with Hungary's Mol
Russia’s second-largest oil producer Lukoil will sign a contract worth $10 billion to supply oil to Hungarian energy company MOL, Lukoil Chief Executive Vagit Alekperov said on Wednesday.
read more... 31/10/2019
Turkey's Botas seeks 70 LNG cargoes for 2020-2023 delivery
Turkish state energy company Botas is looking to buy 70 cargoes of liquefied natural gas (LNG) for delivery over 2020-2023, two trade sources said on Tuesday.
read more... 30/10/2019
Discovery Of 1 Billion Tons Of Reserves In Gangsu Oil Field Boosts Industry Confidence
China's scaling up of its oil and gas detecting and exploiting technologies has paid off as it has now added a significant amount to its geological reserves. PetroChina Changqing Oilfield Company, the regional branch of China's PetroChina, has discovered an additional 1 billion tons of oil from shale oil resources at its oil field in Qingcheng, Northwest China's Gansu province.
read more... 29/10/2019
Polish LNG terminal receives 71st cargo
Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo over the past weekend.
read more... 29/10/2019
Russia's Rosneft-led Arctic oil project to cost 10 trillion roubles -energy ministry
A ambitious new Arctic oil project led by Russia’s top oil producer Rosneft will require about 10 trillion roubles ($157 billion) of investment, Russia’s deputy energy minister Pavel Sorokin told reporters.
read more... 28/10/2019