Russia | Egypt Oil & Gas - Part 55
Ukraine Update – Oil Tycoon Kolomoisky Fire From Political Post
Ukraine’s president fired powerful tycoon Ihor Kolomoisky as a regional governor on Wednesday in a risky move that could affect the internal balance of power and Kiev’s fight against Moscow-backed separati...
IGU Urges Europe to Diversify Their Gas Supply
Abu Dhabi: International Gas Union (IGU) has said that they are advising European Union to diversify its sources of gas supply to secure its energy demand as tensions with Russia, which is one of the main suppliers of...
Jordan Shifting to Nuclear Power with Russian Help
Jordan signed an agreement with Russia on Tuesday worth $10 billion that sets the legal basis for building the kingdom’s first nuclear power plant with a total capacity of 2,000 megawatt. Jordan imports nearly 9...
Ukraine Only Dependent on 30% of Natural Gas from Russia, Finance Minister Says
Ukraine is currently buying only 30% of natural gas in Russia, Ukraine’s Finance Minister Natalia Yaresko said Friday. Yaresko said that currently Ukraine is buying 70% of gas in the EU, which is reverse gas. Earlier ...
Total Seeks Up to $15 Billion in Chinese Funds for Russian Project
Total SA is seeking the equivalent of up to $15 billion in Chinese financing to fund its expansion in Russia, its chief executive said, as U.S. sanctions complicate the French oil giant’s big bet there. Total Chief Ex...
Gazprom Makes 5-Year Commitment to Supply Egypt with LNG
Russia’s portfolio seller Gazprom has signed a contract with EGAS for the supply of 35 cargoes of LNG, Egypt’s Ministry of Petroleum said in a statement Tuesday, March 17. Under the agreement, Gazprom will...
Lukoil Iraq Production Up Inspite of Oil Price Slump
Lukoil Overseas, the Dubai based international upstream division of the Russian Lukoil Group said that none of its projects were affected due to the recent drop in oil prices and has announced a record oil production ...
Rosneft Ending Contract for West Navigator Drillship
North Atlantic Drilling Ltd (NADL) has received a notice of termination from Rosneft of the service order for the West Navigator in connection with the Framework Agreement. The drillship was indicatively scheduled to ...
