Greater impact on the Russian currency will have problems with the budget, geopolitics and external debt. Brent crude during trading on Tuesday broke above $53 per barrel — the highest figure for the year. So the price of raw materials reacted to the statement by Russian President Vladimir Putin that …
Read More »“Rosneft” does not want to limit oil production
“Rosneft” will not restrict oil production in the framework of the announced on the eve of the deal between Russia and OPEC to stabilize the oil market, said the head of the state company Igor Sechin told Reuters. “Why should we do that?” he said in response to the question …
Read More »Rosneft increased its production of oil products in comparison with last year
As have informed in a press-service “Rosneft”, the head of Russian oil company Rosneft announced an increase in production of oil products this year compared to last. According to Sechin, the oil extraction rate has increased significantly. In a recent interview the leader of NK “Rosneft” has shared with journalists …
Read More »Tariffs for oil transportation via Belarus returned to its previous level
Belarus reversed the decision on increase of tariffs for oil transportation via pipelines of joint-stock companies “Gomeltransneft Friendship” and “Polotsktransneft Friendship”. The corresponding decree of the Ministry of Antimonopoly regulation and trade published on the national Internet portal. In particular, the rate on the route Unecha (High) — Brody is …
Read More »Putin announced Russia’s readiness to join the freezing of oil production
Freeze or reduce oil production is an important solution to preserve stability in the oil market. Russia is ready to accede to the relevant agreement. On Monday, October 10, during a special session of the World energy Congress in Istanbul, said the President of Russia Vladimir Putin, reports TASS. “Russia …
Read More »Belarus has succeeded in the tariff blackmail — Russia will restore the volume of oil supplies
Belarus and Russia settle differences in matters of energy supplies from Russia, announced today the Belarusian President Alexander Lukashenko. According to the state news Agency BelTA. “I met yesterday with a government report on oil and gas issues with the Russian Federation. I understand that the next battle is over …
Read More »For talks about oil in Turkey will not go to Iraq and Iran
The website ru.investing.com citing its sources reported that the talks about oil in Turkey will not go to Iraq and Iran. It should be noted that earlier, on Thursday 6 October, the Minister of energy of Russia and OPEC sources have reported that Iraq and Iran will be present in …
Read More »Qatar’s QNB expects oil prices in 2017 to $55 per barrel
Gulf Times today, October 9, announced that Qatar QNB expects oil prices in 2017 to $55 per barrel. In particular, it is expected the continuation of the rebalancing of the oil market. Experts Qatari Bank QNB announced the confirmation of this forecast, which previously appeared in the media regarding the …
Read More »Belarus scares Russia Iranian oil
On the background of another oil and gas dispute, Belarus again was puzzled looking for an alternative to Russian oil. Previous experience did not lead to success, but has made Moscow more amenable. Photo zumapress.com Talks with Iran Belarus is negotiating with Iran on oil supplies, said on 7 …
Read More »Aker Solutions has created a new type drilling rig
The international engineering company Aker Solutions has introduced a new type semi-submersible drilling platform. This model, called Semi Lean, much easier and cheaper to manufacture than a classic platform semi-submersible type. Semi Lean can work in the fields of medium size — up to 300 million barrels of oil, is …
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