Ex-Soviet Moldova has selected seven companies to secure gas from next month should supply from Russia’s Gazprom (GAZP.MM), be disrupted, a senior government official said.
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Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors anticipated more central bank interest-rate hikes designed to quell inflation.
This week saw the European Commission’s President Ursula von der Leyen do something that would have probably been considered the opposite of democracy just a few years ago.
The meeting noted the high dependency of member states on oil and gas products and agreed to step-up regional multilateral cooperation to mitigate supply disruptions
German buyers on Monday briefly reserved capacity to receive Russian gas via the Nord Stream 1 pipeline for the first time since the line was shut down…
REUTERS FORECAST CHANGE FOR WEEK ENDED 09/16/22ACTUAL FOR WEEK (EIA) ENDED09/09/22CHANGE VS PREVIOUS WEEKYR-AGO CHANGE WEEK ENDED 09/17/21CRUDE2.3 MLN429.6 MLN2.4 MLN-3.5 MLNDISTILLATE-0.5 MLN116.0 MLN4.2 MLN-2.6 MLNGASOLINE-0.9…
Germany was pressing on Monday to secure liquefied natural gas contracts with Gulf producers and other European states outlined measures to conserve energy, with Russian flows running…
The state-owned Kuwait oil company aims to increase natural gas production to meet local demand, the company’s acting chief executive officer Khaled Nayef Al Otaibi said on…
Iran and Uzbekistan signed a memorandum of understanding (MOU) on cooperation in different energy sectors, Fars news agency reported on Sunday.
As reported, the…
The United States on Monday imposed sanctions on China and other companies that allegedly helped sell tens of millions of dollars worth of Iranian oil and petrochemicals…
The negotiations to revive the Joint Comprehensive Plan of Action (JCPOA) between Iran and the P5+1 (China, France, Russia, the United Kingdom, the United States, and Germany)…
President Vladimir Putin on Friday denied Russia had anything to do with Europe’s energy crisis, saying that if the European Union wanted more gas it should lift…
The oil and gas industries can be broken down into three segments: upstream, midstream, and downstream.
Contents
What Are Upstream Operations…
President Nicolas Maduro says Venezuela has received an advanced oil tanker from Iran as part of a bilateral contract amid increasing cooperation between Tehran and Caracas in…
The French government is now expected to launch its takeover of EDF (EDF.PA) by the end of September after a slight delay due to the complexity of clearing the…
Oil steadied on Friday after a sharp fall in the previous session, but pricess remained on track for a weekly decline on fears of hefty interest rate…
Alternative projects on the card
OPEC producer Kuwait has decided to scrap a multi-billion-dollar joint petrochemical venture in Canada after it was found to…
Uzbekistan and Iran signed 18 documents in various areas of cooperation as a result of Uzbek-Iranian high-level talks, the presidential press service reported.
President…
The crew of one of two Greek oil tankers seized by Iranian armed forces in May have been replaced by their company, Iran’s foreign ministry said Wednesday.
Kpler, a commodities data intelligence firm, has reported that the Islamic Republic of Iran has exported 20 million barrels of its stored oil to the international markets…