Tag Archives: petroleum

The Russian economy will need at least 10 years to get rid of oil dependence. This was stated by the head of Sberbank German Gref said at the Bank organized the conference, according to video News Service. According to him, to create the digital business economy with a volume of …

After reports of the American Institute of oil (API) about oil stocks in the USA, the price of “black gold” showed a positive trend. The price of November futures for Brent oil increased by 0.30% and reached the mark of 47.24 dollars per barrel, the cost of the October futures …

The administration of U.S. President Barack Obama intends to allocate an additional 1.5-2 billion dollars on the infrastructure to store reserves of oil. On Wednesday, September 7, Reuters reports. Proposal sent for approval to Congress. The funds will be received from the sale of strategic oil reserves, said the Agency. …

Iraq, second largest oil producer in OPEC, will take part in the informal meeting of countries exporting to Algeria from 26 to 28 September. This was stated by Deputy oil Minister Fayyad Nimes. According to him, the meeting will be attended by the Minister of oil of Iraq Jabbar al-Laibi …

Ukraine in January—July 2016 imported oil products for $1,609 billion, 26.4% less than in the same period last year. According to the State fiscal service. According to the Agency, more than 60% of the total imports of petroleum products to Ukraine fell on Belarus — $1,023 billion. In second place …

Australian company Skyland Petroleum Limited has announced that this year will begin to deliver oil and gas from Russia to China, reports the Agency “Xinhua”. It is also reported that the supplies, except the Russian Federation, will be conducted from Tajikistan and Georgia. As stated by the Chairman of the …