Russia | Egypt Oil & Gas - Part 36
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, reported Reuters. China’s previous record of Russian s...
Rosneft-BP JV to Explore for Oil in Russia
Russia’s state-owned oil company, Rosneft, 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 o...
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, reported S&P Global Platts. According to Oil Price, Italy has witnessed its second highest increase in demand volu...
Russia Mulls EU Southern Gas Routes with EC
Russian Energy Minister, Alexander Novak, has declared that Russia is ready to consider any mutually beneficial options for delivering gas to southeastern European countries – Greece and Italy – including through Bulg... Gazprom to Invest $1.5b in Kyrgyz Pipelines
Russia’s Gazprom, one of Europe’s largest energy companies, will invest $1.5b in Kyrgyzstan’s gas transport system before 2030, Energy Digital reported. One third would be invested within the next two years in ...
Russia May Open Rosneft Privatisation to Investors, Market
Russia may apply a “combined” method to the privatisation of more than 19% in its top oil producer Rosneft by selling stakes both to strategic investors and on the stock market, Economy Minister, Alexei Ul...
Egypt to Finalize Nuclear Plant Contracts Fast
In a meeting with Prime Minister, Sherif Ismail, Electricity Minister, Mohamed Shaker, and the Head of the Armed Forces Engineering Authority, Major General Kamel al-Wazir, President Abdel Fattah Al Sisi drew attentio...
