Kashagan, Kazakhstan’s largest oilfield that’s been halted following a leak, will probably go without any output this year and may yield a small quantity next year, said Total SA, which owns a portion of the venture.
Pro-Russian protesters in eastern Ukraine defied pleas to disarm as officials in Kiev pledged to honor an accord reached in Geneva and an international group began expanding its presence to help defuse the crisis.
Pro-Russian protesters in eastern Ukraine refused to lay down their arms even as the government in Kiev pledged to abide by an accord reached in Geneva, testing anew Russia’s willingness to help defuse the crisis.
Royal Dutch Shell Plc plans to expand the Sakhalin-2 oil and gas project in Russia’s Far East, the country’s only producer of liquefied natural gas, as it seeks to boost its presence in the Asian energy market.
HRT Participacoes em Petroleo SA, the Brazilian oil explorer that failed to find commercially viable deposits in Namibia, is looking for partners to continue exploration in the southern African nation.