Russia | Egypt Oil & Gas - Part 51
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.
Romania, Bulgaria to Support New Gas Pipeline
Four ex-communist countries have signed a declaration of support for the construction of a gas pipeline across all four states that will ease dependence on energy coming from Russia.
Norway Overtakes Russia as Western Europe’s Top Gas Supplier
Norway has overtaken Russia as western Europe’s top gas supplier, data from state firms shows, indicating the European Union’s drive to reduce its dependence on Russian energy is bearing fruit.
Egyptian-Russian Forum to Expand on Business and Energy Cooperation
The forum, taking place 25-26 May, will be attended by the ministers of industry and trade from both countries
After Deepwater Horizon Disaster, BP’s Strategy Shits to the East
As 2011 dawned, BP was desperate to turn the page. For nine months, the crisis-stricken oil major had been weathering the US fallout from the Deepwater Horizon disaster, which killed 11 workers and caused the largest ...
