France’s Total buying Denmark’s Maersk Oil for $7.5 billion
Maersk announced that it has agreed to sell off its oil and gas assets to French oil company Total.
Lukoil launches main production facilities at Gissar in Uzbekistan
Lukoil reached a progress milestone at its South-West Gissar project in Uzbekistan.
Kuwait says oil shipments to China stable
Though overall Chinese imports of crude oil jumped more than 10 %, OPEC-member Kuwait said its exports to the 2nd-largest economy remained stable.
ExxonMobil completes takeover of one world’s largest aromatics plants
ExxonMobil has completed the acquisition of one of the world’s largest aromatics facilities on Jurong Island in Singapore.
10-millionth tonne of oil shipped under Gazprom Neft’s Arctic logistics scheme
The total volume of oil shipped under Gazprom Neft’s logistics scheme in the Russian Arctic has now reached 10 million tonnes.
Contract of the Century. Agreement signed to extend development of Azeri-Chirag-Gunashli field until 2050
The Azerbaijan government signed the agreement on the joint development and production sharing for the Azeri, Chirag fields and the Gunashli Field.
Saudis said to prepare for possible Aramco IPO delay to 2019
Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company.
Russia digs into Iraqi-Kurdistan with huge gas pipeline
Rosneft agreed to invest in a new $1 bln pipeline in Iraqi-Kurdistan.
Rolandas Paksas defends Nord Stream 2 project in EU parliament
Lithuanian MEP Paksas called on politicians to refrain from criticizing plans to expand the Nord Stream gas pipeline between Russia and Germany.
Gazprom Global LNG Limited signs gas sales agreement with Ghana
Gazprom Global LNG Limited can confirm it has signed a Gas Sales Agreement with Ghana.
Rosatom: Nuclear much cheaper option than renewable energy
Rosatom said that atomic power still remains a cheaper clean energy option given the additional costs involved in making renewables grid-compatible.
Uzbekneftegaz seeks to import up to 1 mln ton of oil from Russia and Kazakhstan
Uzbekneftegaz plans to import up to 1 million ton of oil from Russia and Kazakhstan since 2018.
Saudi Aramco to sign deal with Russian Sibur for joint venture project
Saudi Aramco and Russian petrochemical producer Sibur Holding are in talks to potentially form a joint venture to make synthetic rubber in the kingdom.
India to receive its 1st shipment of crude from US on Monday
US officials expect their crude exports to keep global oil prices low and stable in the future and benefit consumers, including India.
Russia’s oil output remains flat at 10.91 mln bpd
Russia’s crude oil production was flat at 10.91 million bpd in September compared to August.
Venezuela's Maduro travels to Russia for energy talks
Venezuelan President Nicolas Maduro has arrived in Moscow.
Iran and Russia signed 2 oil contracts
The National Iranian Oil Company and Lukoil signed 2 MoUs on geological evaluation of the Caspian Sea.
Gazprom collaborates with Euro Oil to open 300 retail stations in Pakistan
Euro Oil unveiled its logo and pump design in a graceful event in Punjab.
Growing friendship: PM lauds Pakistan-Russia economic cooperation
PM Shahid Khaqan Abbasi said that Pakistan-Russia cooperation in various sectors was a step towards strengthening of bilateral relations.
Japan plans $10 billion investment in Asian LNG sector
Japan will announce this week a $10 billion public-private initiative that will help to boost LNG infrastructure in Asia.
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