Putin has approved a list of fuel and energy companies whose shares transactions require a special order
The list includes manufacturers of equipment for the fuel industry. There are 191 companies in total.
Russian Deputy Prime Minister Alexander Novak believes that the range of oil prices in 2021 will be $45-60 per barrel
According to him, the quotes have stabilized and the current prices are in line with the market situation.
Specialists describe Oil Company Yangpur as the driver of growth of Belorusneft’s daughter enterprises in Western Siberia.
Iraq relies heavily on Iranian gas to feed several power plants across the country, while Iranian electricity exports also account for a major part of the country’s power supply.
An International Center for the Development of Oil and Gas Engineering will be created in Kazakhstan, the office of the Kazakh prime minister said on December 1.
Chairman of the Turkmen State Concern “Turkmengas” Batyr Amanov at the International Conference “Sustainable cooperation in the energy sector is an important condition for universal development” said that one of the main components of the country’s diplomacy is creating favorable conditions for international cooperation.
Turkmenistan has considered the possibility of attracting investment in the marine blocks of the Turkmen sector of the Caspian Sea, Trend reports with reference to Nebit-Gaz newspaper.
Cenovus Energy Inc (TO:CVE) has agreed to buy rival Husky Energy Inc (TO:HSE) in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada’s No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces the industry to consolidate.
Venezuelan President Nicolas Maduro has said that US financial sanctions have caused Venezuela’s oil revenue to plunge 99% over the last 6 years.
All players on the global energy market need to act together to tackle the effects of the pandemic on oil demand.
SOCAR Georgia Gas, the Georgian branch of Azerbaijan State Oil Company, imported about 812 million m3 of natural gas to Georgia during the first 6 months of 2020, Ibrahim Ahmadov, Deputy Head of SOCAR’s Public Relations department has told Azerbaijan’s Trend.