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Gazprom’s European gas market share up

Gazprom’s share of the European gas market rose to a new record high of 36.7 per cent last year from 34.7 per cent in 2017, the Russian company’s managers told an investor presentation in Hong Kong.Gazprom’s gas exports have become increasingly politicised since Russia’s annexation of Crimea peninsula from Ukraine in 2014. The company’s gas supplies to Europe account for around two thirds of its total gas sales.Elena Burmistrova, the head of Gazprom’s exporting arm, Gazprom Export, also said the...

Seadrill sees big prospects

Seadrill’s core earnings for the fourth quarter exceeded the company’s own guidance, boosted by...



Bahrain talking to US firms on tight oil deal

Bahrain is talking to US oil companies with shale oil expertise about developing a huge oil and gas field discovered last year, and hopes to have an interested company by the end of the year, the kingdom’s oil minister said. Last April Bahrain said it had discovered its largest oil and gas find since 1932 off its west coast, estimated to contain at least 80 billion barrels of tight oil.The first test well is being drilled now, Oil Minister Shaikh Mohammed bin Khalifa Al Khalifa told Reuters in...

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Mubadala signs PSC in ThailandDUBAI...




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