Latest news
Russia's Rosneft-led Arctic oil project to cost 10 trillion roubles -energy ministry
A ambitious new Arctic oil project led by Russia’s top oil producer Rosneft will require about 10 trillion roubles ($157 billion) of investment, Russia’s deputy energy minister Pavel Sorokin told reporters.
read more... 28/10/2019
Russia's VEB signs deal to build 2 bln euro refinery in Morocco -report
Russian state development bank VEB signed a deal on Wednesday to build a 2 billion euro ($2.2 billion) oil refinery in Morocco, the north African country’s state news agency MAP said.
read more... 24/10/2019
Rosneft domestic oil tender prices plummet 15% on high freight rates
Prices in Russian energy company Rosneft’s domestic oil tender for November supplies fell by around 15%, traders said on Tuesday, reflecting lower global prices and a jump in freight rates.
read more... 23/10/2019
Russia Ready To Seize Control Of The World's Largest Oil Reserves
The Venezuelan government is readying to hand over control over state oil company PDVSA to Russia’s Rosneft, a local newspaper has reported, citing sources from the industry.
read more... 18/10/2019
Turkey second-largest LNG market in Europe
The development of liquefied natural gas (LNG) infrastructure has made Turkey the second-largest market in Europe and seventh-largest in the world. The country imported approximately 7.7 billion cubic meters of LNG in the first seven months of the year.
read more... 18/10/2019