The company “Tatneftegaz” intends to acquire temporary possession of the government shareholding in Bashneft, “Vedomosti”. The company offered to redeem 75,08% plus one share for a period of ten years. This is stated in the letter from the Executive Director “Tatneftegaz” Sergei Bahir Russian President Vladimir Putin. In the event …
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The fall in oil prices has forced Saudi Arabia to act more decisively in the part of fundamental changes in the economy. Low price effect much better than statements by any organizations, such as, for example, the IMF. According to experts of the Atlantic Council, fiscal pressure makes “the leadership …
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Chairman of the Board of Directors of group of companies “Renova” Viktor Vekselberg predicts a rise in oil prices in the medium term, above $40 per barrel. About this businessman said in an interview with the newspaper Vedomosti, adding that he believes oil prices below $30 “for Bothe ish” “I …
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Oil prices are rising on Monday after declining in the previous two days, the investors ‘ optimism was supported by data on the reduction in the number of working drilling rigs in the U.S., reports Bloomberg. May futures for Brent crude on London’s ICE Futures exchange to 07.50 GMT added …
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American billionaire Donald trump has promised to stop buying oil from Saudi Arabia if elected President of the United States. Journalists of the newspaper New York Times in an interview published on the newspaper’s website Friday, asked him if he would stop buying oil from Saudi Arabia and other allies …
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Oil & gas UK will be subject to a further loss of jobs. This opinion is shared by Ian wood, founder of oil services company Wood Group Plc. Wood is the author of influential publications that predict the future of this industry. According to the latest data, oil and gas …
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Oil! From it now very much depends. It increases and then drops in price. For Russia, oil is not hundred percent, but still half filling the budget. To circumvent this issue is important for our country would be ridiculous. The fall in oil prices gave hope to our “Western …
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As Russia tries to get off oil dependence The Russian budget revenues from the sale of oil and gas melted the whole of last year behind falling oil. The budget cuts, apparently, will continue in 2016. Many exporters have not helped to increase foreign exchange earnings, even the devaluation of …
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Oil prices managed to win back losses on Thursday after data on drilling rigs from Baker Hughes, according to which the number of oil rigs fell to a seven-year low, according to AFP. To 08.00 MSK cost of a barrel of Brent at the auctions in London has grown by …
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Terrorist group ISIS (organization banned in Russia) continues to receive income from illegal oil trade, but, according to experts, in recent years, the business began to “intercept” other participants of the civil war in Syria. According to expert estimates, ISIS now sells about three times less oil than last summer. …
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