The Russian loan was formalized as a prepayment for the purchase of Venezuelan oil.
Read More »Rosneft Lent Venezuela`s State Oil Firm a Total of $6 Billion
Rosneft also plans to close the deal to buy a stake in India'.s refiner Essar Oil in the coming days.
Read More »Egypt. Russia `Complete Daba`a Plant Talks`
Construction work at the plant to be built near the city of El Alamein. is expected to create 20.000 jobs.
Read More »New US Sanctions on Russia Increase Uncertainty on European Gas Markets
The U.S.'. latest law imposing new sanctions on Russia materially increases uncertainty in European gas markets.
Read More »Russia Introduces a Schedule of Power Outages in Crimea
The centralized electricity supply for the Crimea has a total consumption of about 1280 MW.
Read More »Ice-Class LNG Carrier Completes Northern Sea Route Transit
The start of LNG shipments through the NSR with the Arc 7 ice-class tanker will help to increase cargo turnovers and develop navigation in the Arctic ocean.
Read More »Russian Security Council Recommends Fostering Liberalization of Gas Export
Gazprom is the only company that currently has the right to export pipeline gas from Russia.
Read More »Russian Energy Ministry Slams New EU Sanctions as Unlawful
According to the Russian Energy Ministry. it expects the EU to further clarify its decision to blacklist two of the ministry’s officials.
Read More »Austria`s OMV to Make Conclusions on New US Sanctions Against Russia
The new US sanctions are supposed to limit the financing period for sanctioned Russian banks to 14 days. and for sanctioned oil and gas sector companies to 60 days.
Read More »Russia to Increase Gas Production in Far East by 250% by 2035
The production of gas in the region increased by 10 percent over the past five years and reached 32.8 billion cubic meters of gas.
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