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The Organization of Petroleum Exporting Countries (OPEC) has invited Russia to become its member, Rosneft CEO Igor Sechin said. He noted that the talks held between Russia and OPEC are quite positive, but ...
Oil prices are still staying at a low level. Showing a downward tendency. As of 5:02 p.m., Brent blend oil costs 49.16 dollars per barrel and oil of the WTI blend is 43.9 dollars per barrel. At the same time, during the day they fell to …
Turkey plans to strengthen the protection of gas and oil pipelines. "Turkey will deploy thermal cameras and horse-back patrols to heighten security around key oil and gas pipelines as Kurdish militant attacks increase, in a bid to …
Yesterday the Greek people made a historic decision for the whole of the European Union against the ultimatum of the creditors of the Greek economy. According to the last referendum in the country, 61%
Russian and Greek Energy Ministers Alexander Novak and Panagiotis Lafazanis have signed a memorandum on extension of the Turkish Stream to Greece within the framework of SPIEF-2015. The joint company engaged in the construction will have 50/50 shares. Novak said that the construction will take place in 2016-2019, resulting in a pipeline with a capacity of 47 billion cubic meters. Russian President Vladimir Putin met with Greek Prime Minister Alexis Tsipras today and praised Greece for its activeness. The memorandum will have been updated by November.
