News

The Trump administration is moving to make the United States the world's leading exporter of natural gas as a central component of...read more

Uzbekistan plans to invest 30.4 bln USD in the oil and gas industry by 2021, Uzbekneftegaz CEO Alisher Sultanov announced during OGU 2017.read more

Young specialists of LUKOIL Uzbekistan Operating Company (LUOC) secured first places at the All-Russian Research and Practice Conference.read more

China is willing and able to play a bigger role in Arctic development and cooperation, said Vice Premier Wang Yang during the 4th International Arctic...read more

On 29 of March 2017 in Baghdad in the presence of HE Oil Minister of Iraq Jabar Ali al-Luaibi SOMO (Iraq’s State Oil Marketing Company) and LITASCO (L...read more

Uzbek President Shavkat Mirziyoyev made his first state visit to Moscow for talks with Russian President Vladimir Putin on April 4-5.read more

Exxon is diverting about one-third of its drilling budget this year to shale fields that will deliver cash flow in as little as three years, said theread more

Oil companies are reviving investment after a two-year rout as OPEC output cuts boost prices, the International Energy Agency said.read more

Saudi Arabia is preparing to sell 5% of Saudi Aramco during IPO in 2018.read more

A committee tasked with monitoring compliance for an agreement reached between OPEC and non-OPEC members to reduce oil production by 1.8 million barre...read more

LUKOIL's oilmen at Block 10 completed testing the Eridu-1 exploration well. read more

US President Donald Trump recently signed executive orders allowing for the construction of the Keystone XL and Dakota Access pipelines.read more

China National Petroleum Corporation (CNPC) plans to consolidate its various subsidiaries in Dubai into a large new office and warehouse complex at Je...read more

In December 2016 a delegation of the representatives of Russia's biggest oil companies and the country's Energy Minister Alexander...read more

Mexico's historic first deepwater bidding round in December auctioned off 10 blocks and a farm-out discovery on its side of the Gu...read more