Russia | Egypt Oil & Gas - Part 37
Russia’s Gazprom Expects Around $28b Revenues in 2016
Russia’s Gazprom expects revenues to be at around $28b this year if the rouble rate averages 65 per US dollar, Deputy Chief Executive, Alexander Medvedev, told reporters according to Reuters. However, he did not...
Egyptian Cabinet Approves Nuclear Cooperation with Riyadh
The Egyptian cabinet has officially approved cooperation with Saudi Arabia in peaceful usage of nuclear power and on nuclear security, informed Ahram Online. The deal that was primarily signed during Saudi King Salman...
Gazprom Announces First Oil Shipped From Arctic Yamal
Russia’s Gazprom has started oil shipments from its new Arctic Gate oil loading terminal offshore northern Russia. The Novoportovskoye oil, gas and condensate field is located in the southeastern part of the Yam...
Rosneft, Hellenic Petroleum Inked Oil Supplies Agreement
Russia’s state-run Rosneft oil company and Greece’s Hellenic Petroleum signed an agreement on key conditions for the supply of Russian crude to Greece and the trading of oil products, Sputnik news agency r...
Russia, Vietnam Sign New Energy Deals
Vietnam’s state-owned PetroVietnam and Russia’s top oil and gas companies signed several cooperation agreements and memoranda to expand their ties in the energy sector, VN Express reported. The deals were sealed...
Russia Loans Egypt $25b to Build Nuclear Power
Russia will loan Egypt $25b to finance building and operating a nuclear power plant in the country, Reuters reported. Egypt’s President, Abdel Fattah Al Sisi said the loan would be paid off over the next 35 year...
CNPC to Construct Second China-Russia Oil Pipeline
The neighbors China and Russia –one of the world’s biggest oil producers, next door to the biggest oil user after the US–, are deepening its relation. China National Petroleum Corp. (CNPC) will start laying a second d...
Southern Gas Corridor ‘On Time’, BP Exec
The Southern Gas Corridor, a project of pipelines which will transport gas from the Shah Deniz field in Azerbaijan to European markets for the first time in history, is running on time and on budget, a BP senior execu...
