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Oil: Stay updated on the latest oil industry news, trends, and analysis on JMN.info’s ‘Oil’ section. Explore insights shaping the global energy market.

In Ugra discovered a major oil spill

In HMAO criminal case about large-scale pollution of land with petroleum products. And, according to prosecutors, the pollution of production wastes was approved on land in the village of Bright, classified as specially protected territories. According to the preliminary calculation of the total area of contaminated land amounted to more …

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Ulyukayev estimated the probability of scenario $25 per barrel

The fall in GDP in the risky scenario, average annual oil prices at $25 per barrel in 2016 is estimated at about 3%. This was stated by the Minister of economic development Alexei Ulyukayev in an interview to “Rossiyskaya Gazeta”. According to the Minister, the chances of this scenario are …

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Russia’s economy move away from oil dependence

The Ministry of Finance announced the deliverance of Russia from the oil curse Anton Siluanov Photo: Dmitry Azarov / Kommersant Russia’s economy move away from oil dependence, beginning to heal from the “Dutch disease”. This was stated by Finance Minister Anton Siluanov, reports Rambler News Service. “Breathing the industries that …

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IMF: low oil prices gave rise to unexpected risks

Persistently low oil prices have not brought the economic benefits that are expected from them, but gave rise to an unexpected new risks. This warning chief economist of the International monetary Fund (IMF) Maurice Obstfeld and two specialists — Gian-Maria Milesi-Ferretti and Slaves of Areski. According to them, a detailed …

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Brent oil tumbled below $40 a barrel

World prices for “black gold” are falling today during trades on the London and new York stock exchanges. Futures for oil of the reference Brent crude for delivery in may on London’s ICE Futures exchange fell by 1.56 per cent — below the psychological milestone of $40 to $39,83 per …

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