India and China are working on creating a bloc of countries-importers of oil, which would be a counterweight to OPEC, writes the Times of India newspaper, citing sources.

24-06-2018 admin 1595 0

Vietnam in response to the protest of China against the development of deposits in the waters of the South China sea, said that the works are in Vietnamese territorial waters. Beijing considers this territory. Start drilling "Rosneft".

17-05-2018 admin 2299 0

The Chinese foreign Ministry opposed the development of the field "Red Orchid", on the territory which started on Tuesday to work with Rosneft Vietnam — a subsidiary of "Rosneft".

17-05-2018 admin 2040 0

If the United States fails to timely compensate for the volume drop of the world's petroleum balance as a result of planned production cuts by OPEC, Russia and other producers, the oil market is in surplus can occur in a sustainable deficit.

13-05-2018 admin 2137 0

The increase in proven oil reserves worldwide are declining with companies cutting back on exploration and strive to develop the most accessible deposits. Easy oil is already found, and hard to develop expensive and difficult. Against this background, oil production in Russia may fall by 8% by 2025.

07-03-2018 admin 2289 0

On March 26 in China will start trading oil futures in yuan.

11-02-2018 admin 1795 0

The main consumers of oil on the planet – China and India would prefer to pay for it in dollars and their currencies. But the Wall Street Journal (WSJ) see serious obstacles to this.

31-12-2017 admin 1999 0

Have you ever heard about so called "distant war in the Persian Gulf"? It is a war that may begin — albeit in a "cold" form — outside of the Gulf countries. Talk about it began again after the port of Gwadar once again attracted the attention of the international community, threatening "to cut the ground from under the feet" of the UAE.

16-12-2017 admin 5341 0

Six years ago in Sirte was killed Muammar Gaddafi. Almost six years have passed since the writing of these lines. But none of them I can't and don't want to give up. Libya kill, kill, to take possession of its oil and water. And killed. It was the first country in a sad martyrology of the "Arab spring"...

26-10-2017 admin 2624 0

A decisive step towards switching to electric cars does China, which accounts for a third of the world passenger car market. If he will announce the date of transition to electric cars, as did Britain, France and Norway, it can be considered the date of the final gasoline era.

14-09-2017 admin 2544 0