Tag Archive

Trilateral gas talks of Russia, EU and Ukraine to begin in Brussels on Today

Trilateral gas talks of Russia, EU and Ukraine to begin in Brussels on Today

September 12, 2018 No Comments

Expert-level gas talks involving the European Union, Russia and Ukraine will begin in Brussels on Wednesday, September 12, European Commission Spokesperson Anna-Kaisa Itkonen told TASS on Tuesday. “The talks will start tomorrow afternoon,” she said, without elaborating on who will take part in the consultations. In 2009, Gazprom and Naftogaz of Ukraine signed two contracts […]

Gazprom Neft, Mubadala  and the RDIF To Jointy Develop Oil Fields In Western Siberia

Gazprom Neft, Mubadala and the RDIF To Jointy Develop Oil Fields In Western Siberia

September 6, 2018 No Comments

Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of a transaction establishing a joint venture to develop oil fields in the Tomsk and Omsk Regions of Western Siberia. The Gazpromneft-Vostok joint venture represents Mubadala Petroleum’s first investment in the Russian […]

Gas into Motors NGV rally

Gas into Motors NGV rally

September 5, 2018 No Comments

The opening ceremony of the Gas into Motors NGV rally took place today in Rudong (Jiangsu province, China). The route of the rally will traverse China, Kazakhstan, and Russia. The race is sponsored by the three countries’ largest energy majors – CNPC, KazMunayGas, and Gazprom. The rally’s partners include Germany’s Uniper and the Silkway Rally […]

ENERGY NEWSTRACK TO 31/08/18:

ENERGY NEWSTRACK TO 31/08/18:

August 31, 2018 No Comments

The price of OPEC basket of fifteen crudes stood at $75.72 a barrel on Thursday, 30 August 2018, compared with $74.48 the previous day, according to OPEC Secretariat calculations. Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export […]

Russian carmaker unveils luxury version of Putin’s armoured vehicle

Russian carmaker unveils luxury version of Putin’s armoured vehicle

August 30, 2018 No Comments

At the 2018 Moscow auto show yesterday state-owned Aurus brand unveiled two models – the Senat limousine and a smaller Senat sedan. The Aurus Senat was developed by Russia’s Central Scientific Research Automobile and Automotive Engine Institute, known as NAMI, in Moscow. Senat is powered by a hybrid powertrain combining a 4.4-liter V-8 with an […]

Gazprom’s gas reserves

Gazprom’s gas reserves

August 30, 2018 No Comments

Gazprom had the largest amount of explored natural gas reserves in the world, totaling 35.4 trillion cubic meters (А+В1+С1 categories) as of December 31, 2017. Due to the adoption of a new Russian Classification of Reserves and Forecast Resources of Oil and Flammable Gases, Gazprom is currently re-estimating its hydrocarbon reserves and recording them in […]

Three (3) Rostec Holdings on the List of the World’s Top 50 Defense Companies

Three (3) Rostec Holdings on the List of the World’s Top 50 Defense Companies

August 24, 2018 No Comments

Russian Helicopters, Uralvagonzavod and KRET have been included on the list of the world’s leading defense companies of 2017 compiled by the renowned American magazine Defense News. All three of the Rostec companies increased revenue from the sale of military products. Russian Helicopters was put in 36th place with revenue of $2.735 billionin 2017, which […]

Kalashnikov unveils the CV-1, its ‘electric supercar’

Kalashnikov unveils the CV-1, its ‘electric supercar’

August 24, 2018 No Comments

Russian manufacturing firm Kalashnikov presented an electric concept car CV-1 at the international forum “Army-2018”. The company reportedly said in a statement on Thursday that the CV-1 car featured a number of “complex systems” with technology that would “let us stand in the ranks of global electric car producers such as Tesla”. It added that, […]

BP Reports Strong earnings, strategic momentum, increased dividend

BP Reports Strong earnings, strategic momentum, increased dividend

July 31, 2018 No Comments

Underlying replacement cost profit* for the second quarter of 2018 was $2.8 billion – four times that reported for the same period in 2017 – including significantly higher earnings from the Upstream and Rosneft. Operating cash flow excluding Gulf of Mexico oil spill payments* was $7.0 billion in the second quarter – which included a […]

Floating dock with 40,000 t lifting capacity delivered on Zvezda Shipyard

Floating dock with 40,000 t lifting capacity delivered on Zvezda Shipyard

July 25, 2018 No Comments

A floating transfer dock with a lifting capacity of 40,000 tonnes has been delivered and moored to the berth of Zvezda Shipbuilding Complex. The floating transfer dock is one of the shipyard’s key elements. It is designed for heaving off large-sized marine vessels 300 m in length and over 50 m in width with a […]

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