Russia | Egypt Oil & Gas - Part 39
Rosneft’s Market Capitalization Surpasses Gazprom
The oil producer Rosneft became Russia’s most valuable company as its market capitalization of $51.7b in April exceeded that of natural-gas exporter Gazprom at the level of $51.5b for the first time since its shares b...
Russia’s Gazprom Argues Against Sharing Gas Exports to Europe
Russian gas export monopoly Gazprom said that it would not be in accordance with Russia’s national interest to allow Novatek and Rosneft to export gas to Europe, Reuters reported citing RIA news agency. “I...
Azerbaijan, Armenia Sign Ceasefire Deal over Nagorno-Karabakh
The foreign ministers of Russia and Iran have joined efforts to prevent a new war between Azerbaijani and Armenian forces over Nagorno-Karabakh, where both sides have accused the other of violating a two-day-old cease...
Norway To Ramp Up Gas Production Capacity
Norway will allow increased production from its biggest natural gas field as Europe’s second-largest supplier of the fuel prepares for increased competition with Russia and the US. More specifically, the production pe...
Russian Oil Output Hits Record, Oil Freeze in Doubt
Russia’s oil output set a post-Soviet high in March. The production of crude and a light oil, called condensate, climbed 2.1% from a year earlier to 10.912mb/d, according to the Energy Ministry. The amount narrowly be...
Russia to Increase Oil Exports to China
China is ready to import 27m tons of Russian crude this year, which would allow Moscow overtake Saudi Arabia as China’s biggest oil supplier, according to Transneft Vice-President, Sergey Andropov, RT reported. ...
Russia’s Discount on Gas Supplies to Ukraine Expired
As of April 1st, Ukraine is to pay contractual price for buying natural gas from Russia as the discount that Moscow had given to Kiev in Q1 has expired, Russian Energy Minister, Alexander Novak, said, informed Xinhua ... Russian Rosneft Set to Lower Oil Output
Russian Rosneft is set to lower oil output, Natural Resources Minister, Sergei Donskoi, said, ahead of a meeting of leading global oil producers in Doha on April 17th aimed at discussing an oil output freeze to suppor...
