Gazprom (MCX:GAZP) has been ranked number one in the 2017 S&P Global Platts Top 250 Global Energy Company Rankings, beating ExxonMobil to claim the title of the world’s largest energy firm. The Russia-based company, which is the world’s largest producer of gas, topped the list which...
The world’s largest producer of gas Gazprom (MCX:GAZP) has reported a net income plunge of over 80% during the second quarter of 2017 despite increasing its sales to European gas markets. The Russian state-owned monopoly said its net income during Q2 was Rbs47.9 billion (US$817 million),...
A host of Gazprom’s (LSE:GAZP) Western partners, including Uniper, Wintershall, Shell, OMV and Engie, have agreed to provide half of the financing for the €9.5 billion Nord Stream 2 pipeline. At a signing ceremony in Paris, the assorted energy firms agreed to each front 10% of...
National Iranian Oil Company (NIOC) has announced it will allow bidding for oil and gas projects from 29 companies in over a dozen different countries. This announcement comes after the implementation of the new Iran Petroleum Contract (IPC) model, which has successfully garnered international foreign investment. The...