Russia | Egypt Oil & Gas - Part 32
Iran, Russia Compete over Indian Refinery Supply
India’s Essar Oil Ltd, the country's largest refiner, expects to lower crude purchases from Iran after shipments from OAO Rosneft begin once the Russian state producer completes a deal to buy a 49% stake in the India ...
Russia to Invest $20b in Venezuelan Oil
Russian energy giant Rosneft's CEO, Igor Sechin, met with the President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pinothe, and the leadership of the country to discuss four cooperation agreements worth $20b.
Russia Relunctant to Renew Output Freeze Talks
Russia sees no need for renewing discussion of an oil-output freeze at current crude prices, while leaving open the possibility for future talks with the Saudi counterparts.
Venezuela Seeks to Revive OPEC Freeze Talks
Oil Minister for Venezuela, Eulogio del Pino, is once again hoping to persuade the Organization of the Petroleum Exporting Countries (OPEC) to reach a freeze deal that would help boost global oil prices.
Gazprom Aims to Join Iranian Gas Bid
Russian energy giant Gazprom has sent a note to Iranian authorities with a request to participate in gas liquefaction bids in order to enhance Iran's gas project development and Iranian gas exports to Europe.
Saudi Arabia Drops Oil Prices for Asian Markets
Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.
Egypt, Russia Conclude Dabaa Nuclear Plant Agreement
Egypt and Russia concluded all terms of the agreement concerning the construction of a nuclear power plant in El Dabaa.
Egypt Negotiates LNG Imports
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.
