Russia | Egypt Oil & Gas - Part 34
Spain to Import 1m Barrels of Iranian Crude
Spain’s largest oil company, Repsol, has signed a contract with the Iranian oil ministry to purchase and import 1m barrels of Iranian crude oil in July 2016, according to a report from the ministry.
India Mulls Resuscitating Myanmar-Bangladesh-India Gas Pipeline
As part of India’s ambitious Rs 1,30,000 crore plan to transform the northeastern part of the country into a hydrocarbon hub within the next 15 years, the centre is currently exploring reviving the shelved Myanmar-Ba ...
Russia, China Boost Energy Deals
Russia and China have sealed a number of energy deals during the Russian President, Vladimir Putin, most recent visit to Beijing.
Russia’s Rosneft Dismisses OPEC as Regulator
Head of Russia's top oil producer Rosneft said that Saudi Arabia, the United States and Russia were the three main players on global oil markets and the role of OPEC was evaporating. China’s Crude Imports from Russia Reach New Peak
China’s crude oil imports from Russia have hit a new record of 1.24mb/d, up 33.7% from 2015, according to data from the Chinese General Administration of Customs.
Rosneft-BP JV to Explore for Oil in Russia
Russia’s state-owned oil company, Roseneft, has signed a new oil exploration joint venture (JV) deal with BP in Russia. The JV, Taas-Yuryakh Neftegazodobycha LLC, will invest up to $300m in conducting oil exploration ... Gazprom Receives Gas Debts from Belarus
Russia’s energy giant, Gazprom has received full payments for gas supplies to Belarus, confirmed Gazprom Head, Alexey Miller, who also added that the debt issue is nothing but a dispute between two local enterprises
Italy Becomes 2nd Largest Importer of Russia’s Gas
Italy has overtaken Turkey to become Russia’s second largest gas importer in Europe after Germany.
