The 60th anniversary of OPEC was a good opportunity for reflection. The sad conclusion is that a dialogue between consumers and oil producers has been and is impossible. This is due to the pursuit of particular interests and the...
The Russian economy is going through the most difficult times in the 16-year-period of Vladimir Putin’s rule. The years of foreign investment expansion may be history.
Lukoil, Russia’s largest private oil company, will sell 230 petrol stations in Poland and the CEE region.
US company Exxon and Romania’s biggest oil company OMV Petrom have estimated a gas deposit they are exploring in the Black Sea at about 100 billion cubic meters.