China National Petroleum Corporation (CNPC) has decided to back-out of an agreement with Russian gas giant Gazprom for the construction of a natural gas pipeline from western Siberia to the Xinjiang region, according ...
A spokesman for Russia’s Gazprom confirmed Friday that the corporation has filed a case against Turkmengaz, Turkmenistan’s state gas company, at the international arbitration court in Stockholm, Sweden. According to ...
Russia is in talks with Iran for supplies of petrochemical products in exchange for assets as part of their barter deal, an official in Tehran has said.
Since the 1991 collapse of the USSR, the Caspian basin has come surging into the global oil and natural gas market. The U.S. government’s Energy Information Administration estimates that the Caspian could contain as ...
The Georgian government has accused Russian troops of redrawing a section of the border separating Georgia from its breakaway region ofSouth Ossetia, seizing part of an international oil pipeline as a result.
Oil production in Russia will decrease in 2016 due to the economic sanctions imposed by the European Union and the United States, Fitch Ratings said in its forecast Tuesday.
Continuing its game of redrawing borders, Russia has grabbed a 1.5-kilometer-long slice of a critical oil export pipeline in Georgia for the separatist territory of South Ossetia, leaving Tbilisi, once again, calling ...
Much of Turkmenistan’s future stability will hinge on the specific partner that will replace Gazprom, who was recently declared by the Central Asian country as an insolvent one, Luca Anceschi, lecturer at the British ...