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Energy news

Oil remains below $ 47 per barrel
28.Jun.17 8:39 AM | 15

Oil fell to below $ 47 a barrel on Wednesday after an industry report stated that U.S. inventories increased, reviving fears that the three-year excess supply is still far from complete.

OPEC will not seek to further reduce oil production
28.Jun.17 6:32 AM | 25

OPEC will not seek to further reduce oil production or cessation of exemption of certain countries from limiting production volumes, said OPEC delegates, though in the next month at a meeting in Russia, probably, will consider further steps to support the market.

Poland will buy coal in Russia
28.Jun.17 2:05 AM | 36

Russian coal was more environmentally friendly.

Oil falls; rising U.S. inventories limit the growth
27.Jun.17 6:40 AM | 30

Oil prices rose on Monday in quiet trade after prices declined last week and reached seven-month lows, but gains were limited by increasing crude oil supply in the United States and other countries.

Essar Oil's creditors approve $12.9 billion Rosneft takeover
26.Jun.17 5:33 AM | 42

Creditor banks to India's Essar Oil approved the purchase of the company by a group including Russia's Rosneft, removing a key barrier  to the $12.9 billion deal that has been in the works for two years.

AFK Sistema proposed Rosneft to settle the dispute out of court
23.Jun.17 2:15 AM | 62

AFK Sistema proposed Rosneft to settle the dispute, within which the oil company requires more than 170 billion rubles from the holding of Vladimir Yevtushenkov, the official spokesman for the System said.

Putin instructed Rosneft to send 50% of profits on dividends
22.Jun.17 3:03 AM | 67

President Vladimir Putin instructed the head of Rosneft Igor Sechin to return to the payment of dividends in the amount of 50 percent of the profits. Rosneft says it is about payments for 2017 and future dividend policy.

Iran expects to sign big gas deal in next two weeks
21.Jun.17 2:29 AM | 68

Iran and Frances Total SA expect to sign a contract to develop part of the worlds biggest natural gas field in the next few weeks. It would be the Persian Gulf countrys first investment by an international energy company since sanctions were eased last year.

Rosatom received permission to build a nuclear power station in Turkey
16.Jun.17 5:20 AM | 62

Yesterday, Russian state corporation Rosatom received the approval of the Turkish energy market regulator for the construction of the Akkuyu nuclear power plant worth $ 20 billion in the south of Turkey.

Gazprom managed to get more than 1 billion to the Nord Stream-2 from European partners
16.Jun.17 5:19 AM | 74

Russian Gazprom managed to attract financing of more than 1 billion for the construction of the Nord Stream-2 pipeline from European partners to new sanctions by the US Senate concerning investments in gas mains

Russia expects $520 million of extra taxes from Gazprom in 2017
16.Jun.17 5:16 AM | 66

According to the transcripts of a government meeting on Thursday, Russia aims to get an extra 30 billion roubles ($520 million) in profit this year by raising the mineral extraction tax (MET) on gas giant Gazprom.

Lukoil is preparing to cut oil production by 1% in 2017 under the extension of the OPEC deal
16.Jun.17 5:14 AM | 69

Russia's largest private oil producer, Lukoil, expects a 1 percent drop in oil production in 2017, awaiting that stabilization of fuel prices through the extension of the OPEC + deal will negate its negative effect on the production constraint, Lukoil's First Vice-President Alexander Matytsin said at a press conference on Wednesday .

LUKOIL reported as played by the Vienna agreement on production cuts
15.Jun.17 2:56 PM | 76

Fulfilling the terms of the Vienna agreement "OPEC+", LUKOIL has limited oil production, primarily in wells with low capacity. At the end of the term of the transaction, in which Russia participates actively, the company will be able without any additional costs to resume work in such fields.

Rosneft together with partners invests in the shelf more than $8 billion
15.Jun.17 1:59 AM | 65

The largest Russian oil company Rosneft and its partners plan to invest 480 billion roubles ($8.4 billion) in developing Russia's offshore energy industry in the next five years.

Iraq Is New Oil King, defeated the Saudis in Fastest Growing Market
15.Jun.17 1:32 AM | 54

Iraq is gaining the strength over Saudi Arabia in the worlds fastest-growing oil consumer against an intensifying race among producers to retain their most valued markets.

Biologists of Moscow State University to develop Rosneft's a drug that can decompose oil
30.May.17 3:18 PM | 108

At the biological faculty of Moscow State University within the framework of the agreement with Rosneft, which was signed this year, scientists began the development of microbial preparation, which is capable of at low temperatures, including negative, to decompose oil and oil products in the waters of seas, coastlines, surfaces of ships and platforms.

NOVATEK will sign several agreements with the regions at the SPIEF-2017
30.May.17 3:13 PM | 84

In the upcoming, this week's St. Petersburg international economic forum (SPIEF) company NOVATEK will sign a number of investment agreements with the regions. It is reported by TASS with reference to the governments of these regions.

The oil market: traders "burn out" in anticipation of positive from OPEC+
30.May.17 3:09 PM | 93

Oil prices on world markets are slowly crawling down, continuing yesterday's paradoxical decline. According to the 08:43 GMT, the July Brent futures fell 0.12% to 51,23 per barrel, and WTI 0.16% to 48.59 per barrel.

The oil market: traders moved to the standby American statistics
30.May.17 3:05 PM | 90

Oil prices on world markets are down again weakly. According on 08:36 GMT, the August Brent futures fell 0.17 per cent to 52.12 per barrel, while July crude fell by 0.38% to from 49.78 per barrel.

 Gasoline prices in Russia rose sharply
29.May.17 4:55 PM | 62

Over the past week gasoline in Russia rose sharply wholesale. This is evidenced by statistics published the information-analytical center "Kortes".

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