Russia | Egypt Oil & Gas - Part 45

Iran to Receive More Nuclear Fuels from Russia

TVEL, a subsidiary of Russia’s state-run nuclear energy company Rosatom, says it will deliver fresh nuclear fuel to Iran’s Bushehr power plant by the end of this month,

Russian ERIELL to Drill 25 Wells in West Qurna, Iraq

A leading Russian oilfield services group, ERIELL, has just signed a contract with Lukoil Middle East to drill 25 production wells at the West Qurna-2 oilfield

Russia Expands Claims of Oil Resources in Arctic

Russian President Vladimir Putin recently stated that his country is laying claim to an additional 1.2m square km of territory in the Arctic, The BBC

Russia, Egypt to Sign Deal for 2nd Nuclear Power Plant

Russian Prime Minister Dmitry Medvedev announced during an interview with Ahram Online that a deal for the construction of a second nuclear power plant in Egypt is about to be finalized.

China Backs Out of Pipeline Project with Gazprom

China National Petroleum Corporation (CNPC) has decided to back-out of an agreement with Russian gas giant Gazprom for the construction of a natural gas pipeline from western Siberia to the Xinjiang region, according ...

Gazprom to Take Legal Action Against Turkmengaz

A spokesman for Russia’s Gazprom confirmed Friday that the corporation has filed a case against Turkmengaz, Turkmenistan’s state gas company, at the international arbitration court in Stockholm, Sweden. According to ...

Iran PetroChem Export Balancing Act Needs Russian Help

Russia is in talks with Iran for supplies of petrochemical products in exchange for assets as part of their barter deal, an official in Tehran has said.

Tankers Become Top Option for Moving Caspian Sea Oil

Since the 1991 collapse of the USSR, the Caspian basin has come surging into the global oil and natural gas market. The U.S. government’s Energy Information Administration estimates that the Caspian could contain as ...

Russia Modifies Border with Georgia to Control Pipeline

The Georgian government has accused Russian troops of redrawing a section of the border separating Georgia from its breakaway region ofSouth Ossetia, seizing part of an international oil pipeline as a result.

Sanctions Will Cause Russian Oil Production to Drop in 2016: Fitch

Oil production in Russia will decrease in 2016 due to the economic sanctions imposed by the European Union and the United States, Fitch Ratings said in its forecast Tuesday.

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