The first shipment of Pennsylvania thermal coal to the Ukraine is expected to depart late this week from a coal terminal in the port of Baltimore, Md. It will arrive in the Ukraine in September, Kallanish Energy reports.
Turkish energy company Unit International said on Tuesday it will invest $7 billion in upstream oil and gas projects in Iran alongside Russia’s Zarubehneft and Iran’s Ghadir Investment Holding, Kallanish Energy reports.
Russia’s largest independent oil producer Lukoil reported on Tuesday an increase of 7.6% in its natural gas production during the second quarter of 2017 thanks the start-up of new developments earlier this year, Kallanish Energy learns.
Saudi Arabia’s state oil company, Saudi Aramco, will cut crude oil allocations to customers worldwide in September by at least 520,000 barrels per day (BPD), an industry source told Reuters Tuesday.
Russia’s oil giant Rosneft and private Chinese conglomerate CFEC China Energy have signed a strategic cooperation agreement in Moscow last week, with a view to create a vertically integrated joint venture in Russia.
Japanese minister for economy, trade and industry Hiroshige Seko said on Monday Japan and Russia need to work on building a more trusting relationship before the countries could entertain plans for a natural gas pipeline connecting Russia to Japan.
U.S.’s President Donald Trump on Wednesday signed into law the sanctions on “America’s adversaries” of Iran, North Korean and Russia, despite saying the “bill remains seriously flawed,” Kallanish Energy reports.
Yamal LNG, a Russian liquefied natural gas (LNG) joint venture operated by Novatek, commenced the use of the first Arc7 ice-class LNG tanker “Christophe de Margerie” through the Northern Sea route (NSR).
Latrobe, Pa.-based coal trader Xcoal Energy & Resources has signed a contract with state-owned power company Centrenergo PJSC in Ukraine to provide 700,000 tons of thermal coal, the company said Monday.