Oil, Russia Oil and Gas
The Russian Minister of Energy Alexander Novak has held a meeting with the Minister of Petroleum and Minister of Electric Power and Water Resources of Kuwait Issam Al-Marzuk, the press centre of th
Iran has started the deliveries of crude oil to Belarus. The first tanker arrived in the port of Odessa in the south of the Ukraine.
Russian Ministry of Energy predicts growth in oil consumption in the world by 1.2-1.3 mln barrels per dayEdited by Rhod Mackenzie / 2017-03-27 10:59:17
The pace of the oil demand growth is a key factor affecting the oil market and the consumption throughout the world will grow by no less than 1.2-1.3 million barrels per day this year, said the Rus
"The Arctic is the future of our oil production and gas production".
The creation of the Taimyr-Turukhansk support zone in the north of the Krasnoyarsk region provides for the development of new centers for the extraction of coal, gas and oil in the Arctic territory
As the Kommersant has found out, one of the largest deals in the recent years on sale of certain assets was held on the Russian oil market: Mikhail Gutseriev's Neftisa acquired Sladk
The company has announced a tender to conduct seismic surveys in the field season of 2017 at the Dolginskoye oil field in the offshore area of the Barents (Pechora) Sea’s shelf.
In February 2017, oil imports from Russia to China increased by 4.5% compared to the same period last year to 4.29 million tons, or about 1 million barrels per day.
Venezuelan authorities have sent a directive to further reduce the oil production at several fields in the Orinoco belt to fulfill the agreement with the OPEC.
The agreement between the OPEC and the oil-producing countries on the reduction of the oil production will be extended.