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CNOOC Limited signs agreement with JSC Novatek for the Arctic LNG 2 project

12 hours ago DieselGasoil Comments Off on CNOOC Limited signs agreement with JSC Novatek for the Arctic LNG 2 project
4/25/2019 HONG KONG — CNOOC Limited has announced that the company has signed a heads of agreement with JSC Novatek, a Russian gas producer, for the acquisition of 10% interest of the Arctic LNG 2 project. The Arctic LNG 2 Project is located on the Gydan Peninsula, Russia and the second large onshore conventional natural Read More

Viking Energy Group showcases operations, technical team

2 days ago DieselGasoil Comments Off on Viking Energy Group showcases operations, technical team
4/23/2019 HOUSTON — Viking Energy Group, Inc., an independent exploration and production company focused on the acquisition and development of oil and natural gas properties, is pleased to provide detailed information on its operational and technical team, who are assisting with Viking’s strategy to acquire, enhance and develop new and existing assets in the Mid-Continent Read More

Lukoil produced 100 MMt of oil at West Qurna-2 field

3 days ago DieselGasoil Comments Off on Lukoil produced 100 MMt of oil at West Qurna-2 field
4/23/2019 West Qurna field, Iraq. Photo: Lukoil. IRAQ — Cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project. With 184 wells drilled at the field, the average daily production rate is 400,000 bbl. To manage the field’s production, Lukoil uses Read More

Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician

4 days ago DieselGasoil Comments Off on Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician
Economic penalties against Russia target the European Union and are only beneficial to US corporations, according to Stefan Keuter, a German lawmaker from the Alternative for Germany (AfD) party. “Sanctions against Russia do not serve the interest of German companies, such Siemens or Pharmaceutical firms. Did they benefit from the penalties? What’s the use Read More

Comedian wins Ukraine presidential election – exit poll

4 days ago DieselGasoil Comments Off on Comedian wins Ukraine presidential election – exit poll
Comedian Volodymyr Zelenskiy has won Ukraine’s presidential election with 73% of the vote, according to an exit poll. The poll suggests Mr Zelenskiy has beaten Petro Poroshenko by a landslide with the incumbent winning just 25% of the vote. Mr Poroshenko conceded defeat on Sunday and said he would leave office next month. “I’m leaving Read More

Seriously now: Weary Ukrainian voters face ultimate choice between comedian & politician

5 days ago DieselGasoil Comments Off on Seriously now: Weary Ukrainian voters face ultimate choice between comedian & politician
After three weeks of flashy and outrageous campaigning, comedian Volodymyr Zelensky and incumbent president Petro Poroshenko are facing off in a battle for the country’s top job. Worn out by internal strife, rampant corruption and a crumbling economy, Ukrainians are electing a president for the first time since the 2014 Maidan uprising brought the current Read More

Open for business: Syria renting port of Tartus to Russia for 49 years

5 days ago DieselGasoil Comments Off on Open for business: Syria renting port of Tartus to Russia for 49 years
Moscow and Damascus are set to sign a deal on renting the sea port of Tartus to Russia for trade purposes, deputy prime minister Yury Borisov announced after talks with Syrian President Bashar Assad. “The key issue that should trigger a positive dynamic is the use of the port of Tartus,” Borisov told reporters in Read More

‘I’m not your opponent, I’m your sentence!’ Ukraine presidential hopefuls trade jabs in last debate

6 days ago DieselGasoil Comments Off on ‘I’m not your opponent, I’m your sentence!’ Ukraine presidential hopefuls trade jabs in last debate
Ukraine’s incumbent president Petro Poroshenko and hard-hitting frontrunner Volodymyr Zelensky faced off in a much-hyped big stadium debate, exchanging harsh accusations yet revealing little of their plans for the country. It was promoted as the most spectacular political show in Ukrainian history, but the debate only attracted 22,000 people at the Olympiyskiy stadium in Kiev Read More