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

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News // Economy

Russia's federal budget may move into surplus due to higher oil prices

Russia’s Finance Ministry to return to surplus this year due to higher than expected oil prices.

18 January 2018 , 12:09Neftegaz.RU4840

Russian oil variety Urals increased by 26.6% in 2017

The price of the Russian oil variety Urals increased by 26.6% in 2017.

11 January 2018 , 10:10Neftegaz.RU2890

European Investment Bank delays decision whether to lend €1.5 billion to the TAP

EIB delayed a decision on whether to grant a multi-billion-euro loan to a controversial pipeline.

13 December 2017 , 16:06Neftegaz.RU4610

Oil production cuts taking a toll on Russia’s economy

The OPEC/non-OPEC production cuts hurt Russia’s economic growth in October.

24 November 2017 , 14:12Tsvetana ParaskovaNeftegaz.RU5490

Oil and gas tax revenue driving Russia forward

Revenue collected from the oil and natural gas industry in Russia is in part behind the 19 % gain from last year.

20 November 2017 , 17:30Daniel J. GraeberNeftegaz.RU4290

Venezuela signed a debt-restructuring deal with major creditor Russia

The Russian Finance Ministry signed a deal to restructure Venezuela’s debt.

15 November 2017 , 18:00Neftegaz.RU5370

Italy may sell Eni stake to pay off national debt

 Italy could soon sell its stake in Eni to pay down debts.

07 November 2017 , 16:15Zainab CalcuttawalaNeftegaz.RU5560

Belarus may pay in Russian rubles for natural gas in future

Belarus may switch to Russian rubles in payments for natural gas in the future.

11 October 2017 , 12:10Neftegaz.RU4340

Turkmen President pledged to spend tens of billions on oil and gas sector

Turkmenistan's leader pledged tens of billions of dollars towards the country's flagship oil and gas sector.

10 October 2017 , 16:05Neftegaz.RU9590

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.RU6060

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.RU4660

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.RU5460

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.RU9100

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.RU6830

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.RU4640

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.RU3950

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.RU4970

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.RU6490

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.RU3810

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.RU4940

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