Major Oil Traders to Reduce Russian Oil Purchases Starting From Mid-May

• Thursday, 14th April 2022
• by Israa Ibrahim

To avoid falling foul of European Union sanctions against Russia, major global traders have decided to reduce purchases of crude and fuel from Russia’s state-owned oil companies as early as May 15, Reuters repor...

Mubadala, Gazprom Neft, RDIF Create JV for Siberia Oilfield Development

• Thursday, 6th September 2018
• by Editorial Team

Mubadala Petroleum, Gazprom Neft, and the Russian Direct Investment Fund (RDIF) have agreed to set up a joint venture (JV) to develop oilfields in Siberia, Pipeline Oil and Gas Magazine reported. Gazprom sold a 49% st...