USD ЦБ — 59,00 −0,23
EUR ЦБ — 69,42 0,00
Brent — 52,86 +4,06%
August, Saturday

Subscribe

e-mail:

Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

poll archive

News // Economy

EBRD approves huge loan for Azerbaijan’s Shah Deniz project

EBRD will provide a $100 million loan to LUKOIL Overseas Shah Deniz Ltd to extend additional financing.

27 July 2017 , 10:11Elena KosolapovaNeftegaz.RU2390

Russia-Vietnam agree on $10 billion in bilateral investment

The two leaders announced that the investment will be poured into 20 priority projects, including a joint Vietnamese-Russian oil and gas enterprise.

30 June 2017 , 14:11Neftegaz.RU2520

Gazprom forecasts cost of Turkish Stream pipeline at $6 bln

Gazprom, estimates the cost of building 2 lines of the Turkish Stream gas pipeline to be $6 billion. 

26 June 2017 , 10:30Neftegaz.RU2920

Gazprom records losses in Romanian gas stations

Nis Petrol, the company that manages Gazprom’s gas distribution network in Romania, failed to make profit in 2016.

20 June 2017 , 18:00Neftegaz.RU3720

Yamal LNG raised financing with insurance coverage by the Swedish and German export credit agencies

Yamal LNG announced the signing of agreements with several European banks.

13 June 2017 , 18:00Neftegaz.RU4070

Russia’s Economy Minister: Russia can live forever at $40 oil

The current underlying key assumption of Russia’s economic policies -oil prices at $40 - can allow it to live forever at that price or below.

02 June 2017 , 16:12Tsvetana ParaskovaNeftegaz.RU2770

IEA expects oil market tightening by 2022

IEA has some optimism to share, forecasting gradually tightening oil markets thanks to lower upstream investments and growing oil demand.

01 June 2017 , 10:11Irina SlavNeftegaz.RU2170

Moscow and Tehran signed oil-for-goods trade agreement

Iran and Russia signed a deal, according to Iranian Oil Minister Zanganeh.

26 May 2017 , 10:12Neftegaz.RU3310

Gazprom Neft reports record net income for Q1 2017

Gazprom Neft publishes its consolidated IFRS financial statements for Q1 2017.

24 May 2017 , 14:11Neftegaz.RU3890

1st U.S. company to invest in Irans oil

A US-based filtration, separation, and purification solutions company Pall will invest in Iran’s oil industry, the investment.

15 May 2017 , 15:23Neftegaz.RU2590

Russia trims interest rate on steady inflation decline

The Russian central bank lowered its key interest rate by half a percentage point to 9.25 %, citing the alleviation of inflationary pressure.

02 May 2017 , 10:12Neftegaz.RU3220

Alexey Miller sees share of EU gas market rising

Gazprom has announced that a new pipeline from Russia's Arctic fields to Germany will increase Moscow's share of the European gas market.

27 April 2017 , 10:13Neftegaz.RU4560

Share of Gazprom in European market will reach 38% by 2020

Share of Russia’s Gazprom in European market will reach 38% by 2020, said Michael Stoppard, Chief Strategist for Global Gas at IHS Markit.

20 April 2017 , 16:20Neftegaz.RU4340

IMF: Russian response to low oil prices «comprehensive»

The Russian economy is on the slow path to recovery as it rebounds from the shock triggered by the collapse in crude oil prices, the head of the IMF said.

18 April 2017 , 18:00Neftegaz.RU5100

Belarus to pay $129 for Russian gas in 2018, $127 – in 2019

The price for the Russian gas for Belarus will be $129 per 1,000 cubic meters in 2018 and $127 – in 2019.

17 April 2017 , 13:00Neftegaz.RU3510

Belarus to pay less than $130 per 1,000m3 of Russian natural gas

The new price Belarus will pay for natural gas will be less than $130 per 1,000m3.

14 April 2017 , 10:12Neftegaz.RU4240

Moody’s changes Petrobras outlook to positive

The rating agency Moody’s upgraded corporate debt rating for Petrobras from B2 to B1.

12 April 2017 , 12:17Neftegaz.RU3420

Russia sees slow economic growth irrespective of oil prices

Even if crude oil prices move above $60 per barrel, the Russian economy likely won't expand much more than 1 %, the head of the central bank said.

05 April 2017 , 16:11Daniel J. GraeberNeftegaz.RU4900

Russia plans $600 bln investment for Arctic oil

Russia plans to invest between $400 billion and $600 billion for the development of energy resources in the North Pole.

30 March 2017 , 14:15Neftegaz.RU4530

Will Russia ditch its ambitious oil tax reform?

2018 was supposed to be a transformative year in Russia – presidential elections are looming, the Russian economy is expected to bust out of its current slump and the oil sector’s tax regime was set for significant changes. The long-mooted move to implement a switch to an excess-profits tax-based (EPT) regime has long been the pet project of Russia’s Ministry of Finances, yet recent developments suggest the ambitious scope of the proposed reforms will most likely be brought to naught.

27 March 2017 , 00:03Viktor Katona, Expert at the Russian International Affairs Council in BudapestNeftegaz.RU3460

Neftegaz.RU context