Russia | Egypt Oil & Gas - Part 50
China Starts Construction on Pipeline to Bring in Russian Gas
Russian state gas company Gazprom says China has started construction on a pipeline to bring Russian gas to China.
Russian Oil Output Remains at Post-Soviet High Ahead of OPEC Meeting
Russian oil output remained unchanged in May at a post-Soviet high of 10.71 million barrels per day (bpd), Energy Ministry data showed on Tuesday, three days before OPEC meets to decide on output levels.
Russia Moves Forward with Turkish Pipeline Dreams
Russia's Gazprom plans to start building a pipeline to Turkey this month to get gas to Europe without going through Ukraine, company sources said, although it has no firm agreement with Ankara and faces opposition fr ...
Financing for Russian Gas Pipeline Secured: Greece
The financing of the extension of a pipeline carrying Russian gas from Turkey to Greece has been secured and a deal could be signed this month, the Greek energy minister said Monday.
Russian Oil Company Begins Trading in Chinese Currency Amid Continued Sanctions
Gazprom Neft, Russia’s third-largest oil producer, is now settling all of its crude sales to China in renminbi, in the most clear sign yet that western sanctions have driven an increase in the use of the Chinese curr ...
Oil Price Stabilisation to Help Lower Russia’s Inflation
Further stabilization of oil prices is likely to help lower inflation in Russia, allowing the central bank to reduce rates at a faster pace, the World Bank said Monday as it raised the economic outlook for the country.
Iran’s Nuclear Power Program to Gain Additional Russia Help
A senior official of Russia’s State Corporation on Atomic Energy, Rosatom, has indicated his company’s interest in building new nuclear power plants in Iran.
Russian Auctions Tycoon Moving into Solar Power
Billionaire Viktor Vekselberg is out to prove that solar has a place in Russia, the world’s largest exporter of oil and gas.
