Russia | Egypt Oil & Gas - Part 31
Rosneft to Withdraw from Algerian Oil Blocks
Russian Rosneft may soon withdraw from its only project in Algeria, an exploration project which Russia’s oil giant considers to have doubtful prospects, Oil Price reported. Rosneft is seeking to sell its share in the...
Russia Set Terms for Uganda’s Oil Refinery
Russia has set new terms for its involvement in building Uganda’s $4b oil refinery in Hoima, western Uganda, a project it abandoned in June 2016, All Africa informed. The Ugandan refinery had been estimated to b...
Russia to Study Iranian Oil Fields
Iranian Deputy Oil Minister for International Affairs and Trading, Amir-Hossein Zamaninia, said that oil and gas investment capacity between Iran and Russia could reach $10b. addressing the first Iran-Russia Joint En...
Oman, Russia to Monitor Production Cut Deal
Non-OPEC oil producers Oman and Russia have been named to the high-level monitoring committee set up by the Organization of Petroleum Exporting Countries (OPEC) to oversee the implementation of oil production cuts agr...
Zambia to Produce 2GW of Nuclear Power
Zambia has signed four memoranda of understanding (MoU) with Russia, which will enable the southern African country to develop nuclear technology for peaceful purposes, ESI Africa informed. The cooperation will develo...
Turkish Parliament Approved Gas Pipeline
The Turkish parliament approved an agreement regarding the TurkStream undersea gas pipeline, which is intended to pump Russian gas via Turkey into southeastern Europe, Reuters reported. In total, 210 lawmakers out of ...
OPEC’s Pre-Vienna Meeting Yielded No Results
OPEC experts met late November, ahead of their schedule meeting in Vienna to discuss means to global market stability. Yet, they ended the meeting without agreeing on concrete details of a planned reduction in oil out...
Iran, Russia Signed MoUs
National Iranian Oil Company (NIOC) has signed memorandums of understanding (MoU) with the Lukoil, Tatneft and Zarubezhneft of Russia. A workshop would be held to brief the Russian companies on details of the new mode...
