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Russian Oil Market Crisis: Prices will Remain Low
The intentions announced on April 12-13, 2020 by the OPEC + G20 countries to reduce oil production should have unfolded the dynamics of prices in the world market for growth. However, it became clear that the expected effect did not work. In the foreseeable future, oil prices will remain low.
--22-04-2020--
Unprecedented Oil Crisis: onsequences of the Price War between Saudi Arabia and Russia
The coronavirus epidemic has led to an unprecedented drop in demand for raw materials and a collapse in quotations. In a world where everything has stopped, the price of oil is likely to move in only one direction - down.
--20-04-2020--
The Price of Pandemic: How Much Russia will Lose Due to Coronavirus
The Russian economy, like many other economies in the world, is already infected with the coronavirus. But unlike many, ours was also struck by the price war virus in the oil market.
--14-04-2020--
The US is Thinking about New Sanctions against Russia because of the Collapse in Oil Prices
The White House could intervene in the oil war of Saudi Arabia and Russia.
--19-03-2020--
Russian Currency Fell on News of the Rapid Spread of the Coronavirus
The situation with the spread of coronavirus is worsening in China. There are already 80 victims, the number of infections is 2804. Markets are responding to the spread of the virus: oil is getting cheaper, stock indices are falling, the ruble is weakening, and the prices of assets that are traditionally considered defensive are rising.
--27-01-2020--
Bloomberg: Demand for Russian Oil is Growing
US sanctions against Iran and Venezuela have resulted in an increase in demand for Russian crude oil.
--29-09-2019--
Russian Businessmen Entered the Top 5 in Terms of Wealth Growth in the World Ranking
This is evidenced by the Forbes Real Time rating data. It tracks the change in capital of the richest people on the planet and is updated in real time.
--16-09-2019--
The Best Russian Employers
Five Russian enterprises were listed in the ranking of the best employers by Forbes.
--24-10-2018--


News:

Goldman Sachs: Despite OPEC+ Deal, Oil Prices will Continue to Fall
The new OPEC+ agreement will not lead to a recovery in oil prices, as the reduced production volumes are significantly inferior to the real drop in world demand for hydrocarbons.
--13-04-2020--
G20 Energy Ministers will Meet on April 10
G20 energy ministers will hold an extraordinary meeting in a remote format on Friday, April 10, in order to ensure the stability of the energy market.
--07-04-2020--
Russian Stock Market Falls by 8-12% Amid Oil Prices
At the beginning of trading on Monday, the Russian stock market showed a sharp drop.
--11-03-2020--
Russia has Made up a Schedule for Reducing Oil Production by Months
In January, it is planned to reduce production by 50-60 thousand barrels per day.
--18-12-2018--
Oil Producers Expect to Raise the Amount of Compensation for the Regulation of Domestic Petrol Prices
A draft bill on the reduction of the conditional domestic prices for fuel used in the calculation of subsidies is already being developed.
--02-10-2018--
The Export of Russian Oil has Increased by 34 Percent
According to the Federal Customs Service, fuel and energy products still constitute the basis of Russian exports.
--02-10-2018--
The United States and Saudi Arabia Surpassed Russia in Terms of Oil Production Volume
Thus, for the first time since 2002, Russia has descended to the third line.
--02-09-2018--
The Government will be Able to Increase Export Duties on Oil Products
The corresponding bill has been approved by the Federation Council.
--31-07-2018--
Oil Prices Are Too Low
Russia, Saudi Arabia, Mexico and Venezuela consider current oil prices to be too low.
--29-11-2014--
Rosneft Calls Its New Mine Pobeda (Victory)
Igor Sechin called the success of the event a common victory of all project participants, as Rosneft Oil Company has successfully completed the drilling of the worlds northernmost Arctic mine Universitetskaya-1 which resulted in the discovery of oil in the license area of Vostochno-Prinovozemelsky-1 in the Kara Sea.
--28-09-2014--
Rosneft, ExxonMobil Launch Exploratory Drilling in Russia's Arctic
The West Alpha rig owned by Karmorneftegaz, a JV by Russian and US oil giants Rosneft and ExxonMobil, has launched exploratory drilling of Universitetskaya-1, Russias northernmost well.
--10-08-2014--
Russia, China Partners, Not Military Allies
Russia and China are not seeking a joint military bloc despite close cooperation in the defense and technical areas, said a senior Kremlin official.
--11-07-2014--
Ex-Chancellor Schroeder Tipped for Rosneft Board
BP is expected to nominate former German chancellor Gerhard Schroeder as a member of the board of directors of Russias oil giant Rosneft.
--04-03-2014--
Rosneft, Statoil Push Forward With Shale Oil Plans
Rosneft and Statoil are moving forward in the development of the Domanik shale formation by signing a deal to set up a joint venture.
--10-12-2013--
Rosneft Set to Ship $2.2 BLN Worth of Crude Oil To BP
Rosneft has approved a supply contract with BP worth $2.2 billion, says Vedomosti.
--05-12-2013--
100 Mln Tons Of Oil Will Be Supplied To China
Rosneft and China's Sinopec agreed on annual shipments of 10 million tons of oil to China. The contract duration is 10 years.
--22-10-2013--
Transneft To Increase Investment for 2013
Transneft has unveiled an investment programme worth 161.5 billion roubles, or some $5.4 billion, up 50 percent on 2012 figures.
--08-01-2013--
Rosneft Laying Red Carpet for Bob Dudley
The state-owned oil corporation has decided to use BP director's expertise to better integrate TNK-BP into its structure, claims a report.
--22-12-2012--
$23 bln Investment Plan Mulled by Gazpromneft
Gazpromneft has unveiled an ambitious investment programme in a bid to double its output by 2020. And these plans are realistic, experts say.
--22-12-2012--





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