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Russia called the initiator of freezing oil

The initiator of the freezing of hydrocarbon production is Venezuela, said at the Krasnoyarsk economic forum, Deputy head of the Ministry of energy of Russia Anatoly Yanovsky. On Saturday, February 20, reports TASS. “The initiator of this topic was Venezuela, which during these months suffered from lower prices [for oil], …

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Became known proponent of freezing oil

The initiator of the freezing of world oil production was made by Venezuela. About this informed the Deputy head of the Ministry of energy of Russia Anatoly Yanovsky on Saturday, February 20. According to Yanovsky, Venezuela has decided to take this step due to the fact that suffered from reduction …

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The Cabinet allocated LUKOIL and Rosneft’s new fields

The government has granted Rosneft the right to use the Central Tatar subsoil area in the sea of Japan and Gusinozersk the subsoil plots in the Barents sea. The corresponding order published on the website of the Cabinet. A one-time payment for the right to use a subsoil area in …

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Ecuador’s President predicts oil at $200

The price of black gold in the medium term, can jump up to $200 per barrel. This assumption, according to the ABI Agency, was expressed by the President of Ecuador, Rafael Correa, commenting on the negotiations between the Russian Federation and the OPEC countries about the possibility to freeze the …

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Who and what fills the tank farm in the US?

Lately, there’s been a lot of talk about that store in the largest oil hub in the US – Cushing – filled almost to capacity, but yet the fact that the filling associated with the oversupply and lack of demand. Earlier this month Reuters reported that even before the download …

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Why the drop in drilling does not reduce production

The final stretch of the shale revolution. The fall in the number of working oil rigs in the U.S. is happening at the fastest rate in a year, according to Baker Hughes. It seems that at current oil prices to swing has little sense of meaning. How else to explain …

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Deripaska called on to prepare for the dollar for a hundred rubles – “no better”

Business risks the oil   Maria Beschastny <source srcset=”/p/142805/m-142805.jpg” media=”(min-width: 428px) and (max-width: 671px)”/><source srcset=”/p/142805/l-142805.jpg” media=”(min-width: 672px)”/> Photo: AP/TASS Material comment: Vladislav Ginko <iframe id=”AdFox_iframe_525382″ frameborder=”0″ width=”1″ height=”1″></iframe> The head of “RUSAL” Oleg Deripaska believes that in the coming years oil prices will go up. On the contrary, the billionaire …

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Staying alive: kancevci are hedging oil at $45

American oil companies, failing to recover after an 18-mesyachnogo the fall in oil prices, started to hedge future production this week, fearing it could be their best chance to get $45 per barrel for 2017 and beyond. As oil prices recovered slightly this week, the us shale company for the …

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