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Oil & Gas
Russia:OPEC+ May Consider Ending Oil Cuts by 2020
The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy
Oil & Gas
Iran Vice President Admits Oil Exports Hugely Down Due to Sanctions
First Vice President Es’haq Jahangiri said today that Iran’s oil exports have hugely declined due to U.S. sanctions but did not disclose how much oil is being
Oil & Gas
Russian Companies’s Latest Plan to Avoid U.S. Sanctions
Trump's signing the 2020 NDAA into law on Friday, and with it, sanctions targeting European and Russian companies laying the Nord Stream 2 pipeline, had the imm
Oil & Gas
Ukraine Approves Tariffs for Russian Gas Transit to Europe
Ukraine has approved tariffs for Russian gas transit and granted a licence to its new gas pipeline system operator, the necessary steps on the way to complete a
Oil & Gas
How US Sanctions Could Hit Russia’s Nord Stream 2 Gas Project
Swiss-Dutch company Allseas, which was laying the pipeline using two vessels – Pioneering Spirit and Solitaire – suspended work to avoid US sanctions. Allseas
Oil & Gas
Russia Says Nord Stream 2 Gas Pipeline Will Be Completed in Matter of Months
Russia's new gas transit deal with Ukraine would also mollify the impact on Russian gas supplies of U.S. sanctions introduced on the pipeline project, he said.
Oil & Gas
Germany Helps Broker Russian Gas Transit Deal Via Ukraine to EU
Following intense negotiations, Russian, Ukrainian representatives have reached an agreement in principle in Berlin on 19 December to continue the transit of Ru
Oil & Gas
Shell-Reliance Give up Panna-Mukta Fields; Western Offshore Fields Revert to ONGC
Panna-Mukta and Tapti oil and gas fields in the Arabian Sea off the Mumbai coast were in 1994 awarded a consortium of US energy giant Enron and Reliance.
Oil & Gas
Gas to Become Energy Transition’s 'Second Pillar'
The use of gas from all sources will become more important as Germany seeks to decarbonise its economy and phase out nuclear power, the new head of Germany's la
Oil & Gas
India, Bangladesh promote cross-border energy corridor
The Rs. 346 crore, 130-kilometre India-Bangladesh Friendship Pipeline Project is a landmark project being undertaken under the grant assistance from India to Ba
Oil & Gas
Russia Hopes to Sign A Dealto Duild An Oil Pipeline With Congo
Russia is hopeful of Russia's TMK and the Republic of the Congo's national oil company, SNPC, signing a deal soon to build an oil pipeline in the West African n
Oil & Gas
Israel Becomes Major Energy Exporter After Signing Egypt Gas Permit
Energy Minister Yuval Steinitz called the permit a "historic landmark" for Israel.
Oil & Gas
Oil Poised Near Three-Month Highs on U.S.-China Trade Hopes
Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trad
Oil & Gas
Oil Prices Fall But Hold Near 3-month High on Trade Deal Agreement
Brent crude oil futures fell 23 cents, or 0.4 per cent to $64.99 a barrel by 0101 GMT, after closing at a near three-month high on Friday.
Oil & Gas
Oil Market’s Big Data Show OPEC+ Cuts Fall Short
The three big oil forecasting agencies all see OPEC producers needing to comply fully with output cuts they agreed in Vienna last week if they are to avoid big
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