News // Economy
Belarus has made an advance payment for Russian natural gas deliveries.
09 December 2016 , 10:06Neftegaz.RU7700
Vice President at Royal Dutch Shell says the global oil market is longing for Iran’s return to international arenas.
08 December 2016 , 10:07Neftegaz.RU11390
An estimated $1 billion in assistance will help Azerbaijan develop its flagship Shah Deniz complex in the Caspian Sea, the Asian Development Bank said.
07 December 2016 , 16:21Neftegaz.RU9600
Еhe central bank of Russia has no plans to revise its current oil price estimates for the next 12 months despite the OPEC deal that saw international oil benchmarks pass the US$50 barrier and stay above it for a week now.
07 December 2016 , 10:07Neftegaz.RU9030
Lukoil expects that in 2017 oil prices will be around $60 per barrel, said Vice-President of Lukoil Leonid Fedun.
05 December 2016 , 12:53Neftegaz.RU9970
Russia and Belarus are said to be close to solving a dispute over gas prices.
30 November 2016 , 15:32Neftegaz.RU6710
A Russian delegation visiting Tehran on November 19, 2016, signed a handful of agreements to work with an Iranian oil company, said Gholam-Reza Manouchehri, the deputy managing director of the National Iranian Oil.
21 November 2016 , 00:00Neftegaz.RU22420
Pointing to ongoing pressures from the weak oil economy, Russian oil company Rosneft said its profit for the third quarter dropped more than 70 %.
14 November 2016 , 10:11Neftegaz.RU7520
Rosneft, the mostly state owned Russian energy company, signed a binding agreement with China's Beijing Gas on November 7 to sell a 20% stake in an eastern Siberian subsidiary, Verkhnechonskneftegaz.
08 November 2016 , 10:05Neftegaz.RU8580
The European Union’s gas supply mix will change fundamentally but it will remain in a strong strategic position.
28 October 2016 , 12:11Neftegaz.RU7130
KazTransGas will join forces with the European Bank for Reconstruction and Development in energy efficiency.
27 October 2016 , 18:00Neftegaz.RU9980
Investments in the Russian oil sector are expected to expand in comparison to last year, though nothing is certain for 2017, a deputy energy minister said.
27 October 2016 , 14:12Neftegaz.RU8230
Oilfield services provider Baker Hughes on Tuesday posted a wider net loss for the third quarter of 2016, when compared to prior-year quarter, due to impairment charges.
26 October 2016 , 10:09Neftegaz.RU7230
Though problem loans will continue to drag on performance, Moody's said it raised its outlook on the bank system for oil-rich Russia from negative to stable.
24 October 2016 , 17:27Neftegaz.RU7640
The main areas for the growth of economic cooperation between Belarus and Tatarstan include industry, construction and innovation.
19 October 2016 , 12:11Neftegaz.RU8850
Dharmendra Pradhan highlighted cooperation between India and Russia in the Hydrocarbon Sector, including the acquisition of 23.9% stake in Vankorneft and 29.9% in Taas-Yuryakh by an Indian Consortium of IOCL, OIL and BPRL and acquisition of 15% and 11% stake by OVL in Vankorneft from Rosneft.
17 October 2016 , 15:53Neftegaz.RU9950
Billionaire brothers Shashi and Ravi Ruia are likely to end up owning less than 10% of their flagship Essar Oil refinery after selling a controlling stake to Russian Rosneft.
13 October 2016 , 18:00Neftegaz.RU9480
An impressive capacity for trade and economic cooperation and increase bilateral trade turnover was noted at the meeting in Ashgabat.
12 October 2016 , 18:00Neftegaz.RU9320
Brazilian Petrobras cut its investment budget for the coming years and plans to raise more cash from the sale of assets, amid efforts to reduce its huge debt.
21 September 2016 , 10:11Neftegaz.RU8030
The Central Bank of Russia lowers rates and forecast for economic growth in 2017, basing its forecast on oil priced at $40 per barrel. For the 1st time since June 2016, the bank said it lowered its key rate by a half percent to 10%, saying it was forecasting «unstable economic activity».
19 September 2016 , 00:09Neftegaz.RU8760