Latest news
Russia's VEB signs deal to build 2 bln euro refinery in Morocco -report
Russian state development bank VEB signed a deal on Wednesday to build a 2 billion euro ($2.2 billion) oil refinery in Morocco, the north African country’s state news agency MAP said.
read more... 24/10/2019
Rosneft domestic oil tender prices plummet 15% on high freight rates
Prices in Russian energy company Rosneft’s domestic oil tender for November supplies fell by around 15%, traders said on Tuesday, reflecting lower global prices and a jump in freight rates.
read more... 23/10/2019
Russia Ready To Seize Control Of The World's Largest Oil Reserves
The Venezuelan government is readying to hand over control over state oil company PDVSA to Russia’s Rosneft, a local newspaper has reported, citing sources from the industry.
read more... 18/10/2019
Turkey second-largest LNG market in Europe
The development of liquefied natural gas (LNG) infrastructure has made Turkey the second-largest market in Europe and seventh-largest in the world. The country imported approximately 7.7 billion cubic meters of LNG in the first seven months of the year.
read more... 18/10/2019
Rosneft starts exploration in Iraq’s Kurdistan
Rosneft has started exploration in Iraq’s Kurdistan this year, First Vice President of Russia’s top oil producer Eric Liron said in an interview with TASS, adding that the work is expected to continue in 2020 and might take several years.
read more... 18/10/2019