Russia | Egypt Oil & Gas - Part 45
Russia’s Rosneft to Supply Egypt
The Egyptian government has agreed to import petroleum products from major Russian oil companies, reported Russia Today. State-owned energy company Rosneft will provide assistance, with repayment for services due afte...
Russian Company Begins Ethiopia Oil Exploration
Russian oil and gas company GPB Global Resources is embarking on an oil exploration project in the Afar Regional State of Ethiopia. The country’s Ministry of Mines, Petroleum and Natural Gas, and GPB Global Resources ...
Zimbabwe: Gazprom Interested in Methane Gas from Lupane
Russian Gazprom has expressed an interest in the extraction of coal bed methane gas in Lupane, Zimbabwe, Mines and Mining Development Minister Walter Chidhakwa said yesterday, Chronicle reported. Minister Chidhakwa sa...
Lukoil Makes Large Gas Discovery Offshore Romania
Russia’s Lukoil has announced the discovery of a new gas field off the Romanian coast, reported Penn Energy. The new discovery is in a deepwater area of the Black Sea—with depths ranging from 300-1,200 meters deep. Re...
Saudi-Russia Price War Extends to European Theatre
Oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi grades thanks to aggressive price discounting, reported Reuters. “I’m buying less and less Russian crude for my...
World Bank to Guarantee Ukrainian Gas Purchases
The World Bank and the European Investment Bank (EIB) have signed an agreement to provide loans worth $520m to Ukraine for the purchase of natural gas, the World Bank announced in an official statement. The agreement ...
Russian Oil and Gas Sector Faces Sanctions, Taxes
The Russian oil and gas industry keeps encountering impediments to growth. Oil and Gas Technology noted that the Russian energy industry is likely to be forced to restructure, even as production remains at a record hi...
Venezuela Succeeds in Calls for OPEC Meeting
The Organization of Oil Producing Countries—OPEC—will hold a technical meeting on October 21st, France 24 reported. Venezuela’s Minister of Mines and Petroleum—Eulogio del Pino—announced the meeting in a recent press ...
