Chinese Take Away Russian Oil As Western Markets Fade

ExxonMobil's Caution Underlines Difficulties Of Replicating US Shale Boom

Industry / China BMI View: ExxonMobil's CEO has highlighted the inherent difficulties in developing shale formations in China, Poland and the US - making the distinction between the hype and the difficult operational realities....

Gazprom's Tightrope Walk Continues As Tax Changes Imperil Profits

Industry / China Russian gas-export monopoly Gazprom's CEO Alexei Miller told Reuters on June 2 that the firm expects the average gas price in its long-term contracts to increase by at least US$100 per thousand cubic metres...

Rosneft Shares Exploration Risks Through Lukoil Deal

Industry / Russia Russian national oil company (NOC) Rosneft and Russian independent Lukoil have signed a long-term upstream and downstream cooperation agreement.

Urikhtau Field To Help Feed Growing Kazakh Gas Export Potential

Industry / China State-owned China National Petroleum Corporation (CNPC) has agreed to form a joint venture (JV) with its Kazakh counterpart KazMunaiGaz (KMG) to develop the Urikhtau gas field.

Chinese Take Away Russian Oil As Western Markets Fade

Industry / China Russia is set to increase crude oil exports by 3.8% in Q111 on the back of increased volumes through the East Siberia Pacific Ocean (ESPO), according to a loading schedule published by Reuters on December...