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March, Friday



Question of the week

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

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News // Economy

NOVATEK acquires 49% of Nortgas

NOVATEK (“NOVATEK” and/or the “Company”) announced today the conclusion of an agreement to acquire a 49% equity stake in ZAO Nortgas (“Nortgas”) from R.E.D.I. HOLDINGS for $1,375 million.  The transaction is expected to close by year-end 2012.
06 November 2012 , 21:37Neftegaz.RU10080

Sabic outlook stable, says Moody's

Moody’s Investors Services has upgraded its baseline credit assessment of Saudi Basic Industries Corporation (SABIC) due to its “sustained improvement in operating performance and financial metrics”.

06 November 2012 , 10:05Neftegaz.RU9520

Indonesian Government Approves Plan of Further Development for Expansion of Tangguh LNG

Indonesia’s Ministry of Energy and Mineral Resources and oil and gas executive agency BPMIGAS have approved in principle the Plan of Further Development (POFD) for the expansion of the BP-operated Tangguh liquefied natural gas (LNG) project in Papua Barat province in eastern Indonesia.

02 November 2012 , 09:48Neftegaz.RU9600

Total announces its interim dividend for the third quarter 2012

Total announces its interim dividend for the third quarter 2012

01 November 2012 , 09:50Neftegaz.RU8270

Pieridae Plans New LNG Export Facility on Canada’s East Coast

Pieridae Energy Canada announced last week that it will develop a liquefied natural gas (LNG) export facility in Goldboro, Nova Scotia, Canada.

31 October 2012 , 10:14Neftegaz.RU9780

NOV announces massive YoY revenue jump of 42%

National Oilwell Varco, Inc. announced revenue of $5.32 billion at the end of the third quarter, a 12% sequential increase or a 42% increase year-on-year.

30 October 2012 , 09:44Neftegaz.RU7410

BP: Macondo Well Integrity Not Compromised

BP has seen no evidence from a recent oil sheen that indicates the integrity of the Macondo well has been comprised, the company said in a response about a U.S.

12 October 2012 , 09:29Neftegaz.RU10660

Chevron Issues Interim Update for Third Quarter 2012

San Ramon, Calif., October 9, 2012 – Chevron Corporation today reported in its interim update that earnings for the third quarter 2012 are expected to be substantially lower than second quarter 2012. 

10 October 2012 , 10:07Neftegaz.RU10340

Figures Demonstrating Results of Our Operations in September and for Nine Months of 2012

Figures Demonstrating Results of Our Operations in September and for Nine Months of 2012

09 October 2012 , 10:08Neftegaz.RU11020

Russia Responds to West Siberia Production Decline with East Siberia Tax Breaks

The Russian government is extending tax breaks for new oilfields in East Siberia in order to compensate for the production decline in West Siberia, the Novosti news agency reported today.

26 September 2012 , 09:32Neftegaz.RU10930

Agenda of the Board of Directors on September 20, 2012

RusHydro announces the agenda of the Board of Directors of RusHydro to be held in absentia on September 20, 2012.

20 September 2012 , 09:38Neftegaz.RU8360

India will repay oil's debt to Iran in August

India will entirely pay its oil debts to Iran by the end of August, S. Qamsari - the National Iranian Oil Company director for international affairs announced in Tehran on Saturday.

21 August 2011 , 12:22Neftegaz.RU13820

Russia to sign WTO accession document with EU next week

Russia and the European Union will sign  a document next week on Russia's accession to the World Trade Organization (WTO), following the results of bilateral negotiations on the issue, EU delegation to Russia head Fernando Valenzuela said on Monday

30 November 2010 , 11:26RIA Novosti13200

Officials begin work on Irish bailout details

European and IMF officials will start thrashing out the details of a three-year bailout package for Ireland on Monday while the government puts the finishing touches to a 15 billion euro ($20.5 billion) austerity plan

22 November 2010 , 09:41Reuters12850

Medvedev orders government to speed up Russia's WTO bid

The remaining issues hampering Russia's accession to the World Trade Organization should be resolved quickly, and without creating obstacles to businesses, Russian President Dmitry Medvedev said on Monday

16 November 2010 , 12:24RIA Novosti13140

G-20 Grinds Toward Currency Accord

Group of 20 leaders endorsed gradual changes in currency values and agreed to develop early-warning indicators to monitor policies that exacerbate trade imbalances and threaten to disrupt the global economy, officials said

12 November 2010 , 08:34Bloomberg11200

Asian Stocks Decline for Fourth Day After China's Rate Increase

Asian stocks dropped, dragging the MSCI Asia Pacific Index to a two-week low, after China unexpectedly raised lending and deposit rates to curb inflation in the world’s fastest-growing major economy.

20 October 2010 , 08:08Bloomberg20550

Russia's 2010 Budget Deficit May Be below 5.3 pct of GDP

Russia's 2010 federal budget deficit may turn out to be much lower than the forecast of 5.3 percent of gross domestic product (GDP), Prime Minister Vladimir Putin said on Monday

19 October 2010 , 08:56RIA Novosti14650

Russian government to improve investment climate if business adheres to laws - Putin

The Russian government will continue removing administrative obstacles, if businessmen put an end to shadow schemes and tax evasion, Prime Minister Vladimir Putin said on Tuesday.

13 October 2010 , 14:56RIAN12660

U.S. Growth Forecast Lowered

Economists cut U.S. growth forecast after weak summer data

12 October 2010 , 12:31Reuters12580

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