Chevron was nearly booted from Venezuela in 2007 during a nationalization drive led by the late socialist President Hugo Chavez.
Tatneft plans to put into operation the first stage of an oil and gas chemical complex (OGCC) development in 2021, with Russia’s first maleic anhydride plant to be built within its framework, the oil producer’s press service told TASS on Tuesday.
Oil production in the Gulf of Mexico improved for a second straight day on Tuesday, but more than half remained offline.
Natural-gas prices declined for the second straight day on signs that producers will continue to push output to new highs, while forecasts that the current heat wave will dissipate threatened demand.
Russia’s oil production down 461,000 barrels daily in July, twice above OPEC+ deal commitments – CDU TEK
Russia’s average oil production amounted to 1.495 mln tonnes per day in the first half of July.
Ankara will increase its hydrocarbon exploration efforts in the eastern Mediterranean in response to the EU’s decision to sanction Turkey, the country’s foreign affairs minister said Tuesday.
Gazprom Neft-Lubricants, the operator of Gazprom Neft’s lubricant business, is not facing any restrictions on the supply of products abroad under existing contracts, and does not see any risks for its new and existing business partners, an official with the company’s press service told TASS.
…buy Russian oil at a discount of $65m, with the difference destined to fund the League party. Despite the allegations, which Mr Salvini has denied, support for the League remains high at 37.7 per cent…
Gazprom produced 276.3 bln cubic meters of gas from January 1 to July 15, 2019, an increase of 2.3% year-on-year, according to preliminary estimates, Russia’s top gas company said in a statement on Tuesday.
Construction of the Nord Stream 2 gas pipeline has been completed for 66.3% of its total length, the Russian gas holding said on Monday.
…contrasts with the far tougher line of the US, which has placed financial sanctions on 115 individuals, revoked the visas of hundreds more and imposed an oil embargo on the Opec nation while also restricting…