Russia | Egypt Oil & Gas - Part 40

EU Seeks Power over States’ Gas Contracts with Gazprom

The European Commission (EC) has proposed a draft bill to enable Brussels to assess and potentially vet all intergovernmental gas contract drafts that the EU countries would aim to conclude with Russia prior to the s ...

OPEC Chief Calls for Global Cooperation

OPEC Secretary General, Abdullah al-Badri, has called on all oil-producing countries to cooperate in attempts to tackle oil oversupply and remedy global oil price slide, while allowing new investments to pour into th ...

Russia Approves Discount on Gas Shipment to Ukraine

Russia has approved a discount on natural gas prices offered to Ukraine at about $212 per 1,000cm of Q1 deliveries.

Russian Business Delegation to Visit Egypt in Mid-January

A number of Russian firms will visit Egypt in mid-January to discuss investment in the fields of power, agriculture, tourism, and automotive.

Iran to Build Rigs, Trade Technology with Russian Shipbuilder

Iranian shipbuilder, ISOICO has signed a Memorandum of Understanding (MoU) with Russian shipyard, Krasnye Barrikady (Red Barricades) for rig construction cooperation and technology transfer.

Gazprom Approves $11.71b Investment Program in 2016

Russia's major gas exporter, Gazprom has approved its investment program worth $11.71b ( RUB 842b) in total in 2016, the company's board announced its decision in a statement.

India, Westinghouse to Sign Deal for 6 New Nuclear Power Plants

Delhi is expected to sign a deal with the US-based Westinghouse Electric Company LLC to build six nuclear reactors in India in the first half of 2016 to get country's $150b worth of nuclear power plans off the ground ...

Russia’s Rosneft and India’s Oil Majors Sign Hydrocarbons Deal

Russia's Rosneft, and two Indian oil majors, Oil India Limited and Indian Oil Corporation Limited, have signed a Memorandum of Understanding (MoU) to jointly carry out geologic survey, exploration, and production of ...

Russia Intensifies Military Presence in Arctic Oil&Gas Territories

Russia is building six new military bases in the disputed Arctic territory with an intention to protect its position in the global competition for the unexplored extensive oil and gas reserves, estimated at 90b barre ...

Russia Vies with Saudi in Oil Exports to China

Russia has outrun Saudi Arabia as the largest crude oil supplier to China in November.

Page 40 of 56

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