Latest news
Exillon Energy appraises oil findings in Western Siberia
Exillon Energy, a British independent oil company with upstream operations in two oil rich regions of northern Russia, has revealed an oil finding from the appraisal well 5 (EWS I - 50P) in western Siberia.
read more... 29/03/2011
Rosneft makes two new discoveries in the Eastern Siberia
Russia's largest state-owned oil company, Rosneft announced that it has discovered two new oil and gas fields in Eastern Siberia with recoverable reserves of around 80 million metric tons each.
read more... 16/02/2011
Rosneft is considering gas sales to China
According to the declarations made on Friday by a top executive of Rosneft, the Russian giant is eyeing China as the destination for its Siberian gas export.
read more... 08/02/2011
Russia and China make a 150 billion dollar deal.
The number one producer of crude makes a deal with the number two consumer worth about $150 billion over the next 20 years. This deal comes as the pipeline ESPO (East Siberia to Pacific Ocean Pipeline) was finished, which has a capacity of 300,000 barrels per day and a length of 925 km.
read more... 28/09/2010
Russia to build its firs biofuel plant in Siberia
State-owned Russian Technologies corporation plans to start building the country's first biofuel plant next year in Siberia. The company has signed all the agreements and will start building the plant from March-April, and the project will be finished by the end of the year.
read more... 15/09/2010