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Latest Russia & CIS Crude Oil News

  • Lundin Petroleum announces oil find 16 May 2008 01:38 GMT
    ... demand for 2008; The United Arab Emirates' crude oil output increased last month; Philippine government may cut taxes ... country's political isolation, sandwiched between China and Russia, its two major trading partners, Ulaanbaatar is ...

  • Refiners begin to feel the squeeze 16 May 2008 01:16 GMT
    ... bind. The price of their raw material, crude oil, is rising because of strong global demand. At the same ... come from China, the Middle East and Russia. In the United States, there is no ...

  • Google, BP, invest in BrightSource Energy 15 May 2008 22:38 GMT
    ... demand for 2008; The United Arab Emirates' crude oil output increased last month; Philippine government may cut taxes ... country's political isolation, sandwiched between China and Russia, its two major trading partners, Ulaanbaatar is ...

  • PowerGenix Introduces NiZn Cells for HEV Market 15 May 2008 21:26 GMT
    ... room is really energy security: Europe (excl. Russia) only ~7% of the proven reserves of crude oil that North America still has. For natural ... ~70%. For coal (excl. both Russia and Ukraine) it is ~20%, and much of that ...

  • The time has come today ... 15 May 2008 19:23 GMT
    ... it takes to buy a barrel of crude oil, the number of convicted felons accepted into the U.S. Army ... any future threats effectively. 3. Misjudging former Russian president Vladimir Putin's commitment to democracy. 4. ...

  • China's oil majors restore capacity 15 May 2008 19:13 GMT
    ... demand for 2008; The United Arab Emirates' crude oil output increased last month; Philippine government may cut taxes ... country's political isolation, sandwiched between China and Russia, its two major trading partners, Ulaanbaatar is ...

  • Australia's energy budget is 'green' 15 May 2008 19:13 GMT
    ... demand for 2008; The United Arab Emirates' crude oil output increased last month; Philippine government may cut taxes ... country's political isolation, sandwiched between China and Russia, its two major trading partners, Ulaanbaatar is ...

  • Gold Prices: Due North? 15 May 2008 18:38 GMT
    ... pipeline explosions, ongoing tensions with Iran, China, Russia, and a violent outbreak of fighting in ... three-week low -- AND -- From mid-March, crude oil has enjoyed an uninterrupted winning streak past $100-,$105-, $115-, and ...

  • MARKET WATCH: Crude prices fall after mixed inventories report 15 May 2008 18:13 GMT
    ... UK, Denmark, Australia, New Zealand, Brazil, and Russia to be partially offset by increases in India, ... to $124.11/bbl. On the US spot market, West Texas Intermediate at Cushing, Okla., was down $1.57 to ... soon-to-expire June IPE contract for North Sea Brent crude lost $2.24 to $121.86/bbl. Gas oil for June deliver ...

  • Putin turns on the taps at Baltic oil terminal, as Russia seeks to expands exports 15 May 2008 18:09 GMT
    ... the taps at Baltic oil terminal, as Russia seeks to expands exports PRIMORSK, Russia (AP) - ... of Russia's European-bound hydrocarbon exports. Disputes with Belarus and Ukraine have seen interruptions in oil ... toward a new European Union agreement with Moscow. Moscow has pushed to build new gas ...

  • Wind Energy Corp. responds to Energy Dept. 15 May 2008 17:00 GMT
    ... demand for 2008; The United Arab Emirates' crude oil output increased last month; Philippine government may cut taxes ... country's political isolation, sandwiched between China and Russia, its two major trading partners, Ulaanbaatar is ...

  • Gazprom US based subsidiary and Rabaska reach agreement 15 May 2008 16:58 GMT
    ... subsidiary of OAO Gazprom, expects to import Russian LNG supplied from the Shtokman liquefaction project ... Canada and the U.S., the world's longest crude oil and liquids transportation system. The Company also has international operations ...

  • Oil firm on soft U.S. dollar, as distillate buying lifts petroleum complex 15 May 2008 15:57 GMT
    ... Tim Evans. At 4.15 p.m., New York-traded West Texas Intermediate crude for June delivery was up $1.54 ... $1.54 at $125.76 a barrel. In London, Brent crude for June delivery was up 91 cents at $122.77. ... year. Output from non-OPEC producers such as Russia, Canada and Norway is seen at 50.18 million ...

  • Opec trims 2008 global oil demand forecast  15 May 2008 15:18 GMT
    ... are driving oil prices to all-time highs. Crude oil hit a record high of $126,98 a barrel on Tuesday. “Oil ... part due to lower output estimates from Russia, Mexico and Norway. ...

  • OPEC trims '08 global oil demand forecast 15 May 2008 14:57 GMT
    ... are driving oil prices to all-time highs. Crude oil hit a record high of $126.98 a barrel on Tuesday. "Oil ... part due to lower output estimates from Russia, Mexico and Norway. (Reuters) ...

  • Govt makes decision to lower production tax on crude oil 15 May 2008 14:51 GMT
    ... MOSCOW, May 15 (Itar-Tass) -- The Russian government has made a decision in principle ... reduce the mineral resources production tax on crude oil, Economic Development and Trade Minister Elvira Nabiullina ...

  • Arawak announces first quarter results 15 May 2008 14:17 GMT
    ... 826,973 Revenue and expenses per boe sold Crude oil and gas sales $66.34 $43.30 Interest and ... quarter of 2008 with production from Kazakhstan, Russia and Azerbaijan averaging 11,948 barrels of oil equivalent per ...

  • Oil stays firm as dollar weakens vs euro; OPEC trims 2008 demand forecast 15 May 2008 13:51 GMT
    ... crude prices. At 1:23 p.m., New York-traded West Texas Intermediate crude for June delivery was up 74 ... cents at $124.96 a barrel. In London, Brent crude for June delivery was up 34 cents at $122.20. ... year. Output from non-OPEC producers such as Russia, Canada and Norway is seen at 50.18 million ...

  • Israel says Hezbollah could have seized power in Lebanon 15 May 2008 13:07 GMT
    ... not easy, especially in a market where crude oil supply is struggling to meet demand, and with oil and ... China, the United States, France, Britain and Russia; members of ASEAN which includes Myanmar; and ...

  • Istanbul Orders 50 Trams With GM-Allison Hybrid System 15 May 2008 12:18 GMT
    ... room is really energy security: Europe (excl. Russia) only ~7% of the proven reserves of crude oil that North America still has. For natural ... ~70%. For coal (excl. both Russia and Ukraine) it is ~20%, and much of that ...

  • Opec trims 2008 global oil demand forecast 15 May 2008 12:17 GMT
    ... are driving oil prices to all-time highs. Crude oil hit a record high of $126,98 a barrel on Tuesday. "Oil ... part due to lower output estimates from Russia, Mexico and Norway. ...

  • OPEC trims 2008 oil demand forecast 15 May 2008 12:16 GMT
    ... are driving oil prices to all-time highs. Crude oil hit a record high of $126.98 a barrel on Tuesday. "Oil ... part due to lower output estimates from Russia, Mexico and Norway. ...

  • Vladimir Putin Opens a New Terminal // Economics (May 15, 2008) 15 May 2008 11:29 GMT
    ... Russian Prime Minister Vladimir Putin took part yesterday ... Baltic Pipeline System. Thirty million tons of crude oil would be needed and 18-20 million tons of petroleum products. ...

  • Euroshares outlook - lower as Dow closed off highs; on mixed earnings news 15 May 2008 09:57 GMT
    ... stocks. New York's main oil futures contract, light sweet crude for June delivery, dropped 43 cents to $123.79 per ... likely be in focus amid press reports Russia's Sistema is interested in the German chip-maker. And ...

  • Grain Exporting Countries of Africa to Mirror Crude Oil OPEC Boom 15 May 2008 09:49 GMT
    ... States from its rising dependence on imported crude oil. The problem, as Bush and his government ... yields are 1.1 tonnes per hectare, in Russia they are 1.8 and in the Ukraine 2.4. US grain yields, by comparison, are ...


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