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Expensive oil will not allow the ruble is greatly strengthened

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 …

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“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 …

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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 …

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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 …

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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 …

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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 …

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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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