Latest news
A joint exploration in Siberia agreed between Russia's Rosneft and China's CEFC
Russian oil major Rosneft declared on Sunday it inked a cooperation deal with CEFC China Energy Company for joint exploration in Siberia.
read more... 05/09/2017
Discussions between Italian Eni and Iran on oil and gas projects
A feasibility study is expected by Eni (Italy) on the expansion of oil and gas fields in Iran. There have already been concluded two agreements on the matter in question. The results of the studies will be available within 6 months.
read more... 04/09/2017
Oil exploration is a key issue for voters in Norwegian parliamentary election
The Green party pledges to stop oil exploration in Norway and phase out production within 15 years. Norway's number one industry accounts for half of national exports and employs over 180,000 people. The greens have been gradually gathering support over the past 4 years and are polling at about 5% of the votes, underlining changes in Norwegian society and divisions over the future of oil.
read more... 01/09/2017
Hurricane Harvey forces 10 refineries to close
Because of the tropical storm Harvey ravaging the US’ leading energy hub, key oil refineries were forced to shut down.
read more... 28/08/2017
Rosneft extends to the Asian market, buys India’s Essar Oil
Russian oil company has made a $12.9 billion worth purchase of the Indian refinery Essar Oil, which will enable them to establish and expand their services in one of the world’s fastest growing oil consumers.
read more... 23/08/2017