Saudi Arabian Oil Minister Ali Al Naimi discussed Opec and the oil market with officials from Russia and Algeria, Saudi state news agency SPA reported.
Egypt's President Abdel Fattah El-Sisi and Russian President Vladimir Putin have signed an agreement for Russia to construct a nuclear power plant to generate electricity in Egypt, the Ahram Arabic news website repor ...
JSC Gazprom Neft reported start of shale oil production from the Bazhenov formation during tests of two wells in southern Priobskoye field in central western Siberia. Tests are planned for two other wells.
Exxon Mobil Corporation (NYSE:XOM) announced today that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed.
Russian oil producer JSC Gazprom Neft is moving forward with construction on the second phase of a biological wastewater treatment system at its 12.15 million tonne/year refinery in Moscow.
Egypt, struggling to meet domestic energy demand, has asked Russia to help it fulfil its gas supply contracts with Europe, Russia's Energy Minister was quoted as saying on Saturday.
Rosneft and Eni signed a Strategic Cooperation Agreement to jointly explore fields in Russian sections of the Black and Barents Seas and exchange technology and staff. The agreement also envisages Rosneft's participa ...
Russia and Qatar are under growing pressure from Europe's biggest utilities to scrap a 40-year-old system that links natural-gas prices to oil after Brent crude's 23 percent surge this year.