Tag Archives: Europe

Glencore and QIA have now agreed to dissolve their partnership.

Crude oil production in Russia amounted to 10.97 million barrels a day last month.

The exclusivity period to discuss the sale contract would go through May 31.

Russia committed to reduce oil production by 300.000 barrels a day.

Rosneft was hit hard by U.S. sanctions on Russia over Moscow’s annexation of Crimea and incursion in east Ukraine.

The interest in the supply for these new forms of alternative energy is very high from Middle Eastern countries.

Vestas is still a market leader in terms of total installed capacity.

Rosneft continues to consider China a key market.

The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector.

The government will release its revised budget for this year on May 15.