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Russia Oil & Gas News. Service for global professionals. Constantly updated news and information about Russia.
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Latest Russia Oil & Gas News

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  • How to Profit From Russia's New Oil Boom 18 Dec 2009 17:33 GMT
    ... Kent Moors, Ph.D writes: Sergei Kudryashov likes pizza, poker ... Energy (Minenergo) and former VP at NK Rosneft OAO (LSE: ROSN), the No. 1 state-controlled ... volume will continue to drop. Rosneft and LUKOIL (OTC ADR: LUKOY), Russia's No. 2 producer ...

  • U.S. Companies Shut Out as Iraq Auctions Its Oil Fields 19 Dec 2009 07:11 GMT
    ... Those who claim that the U.S. invaded Iraq in ... which bitterly opposed the U.S. invasion - Russia and China - while even Total Oil ... declined the Iraqi government's $2-a-barrel fee.) Russia's Lukoil, CNPC, and RoyalDutchShell accepted fees of between ...

  • Firms to sign pre-contracts for 7 Iraqi oil fields 19 Dec 2009 14:10 GMT
    ... Firms to sign pre-contracts for 7 Iraqi oil fields ... On Thursday, the group consisting of Russia's Gazprom (40 percent), Turkish firm TPAO (10 percent), ... 109-million-barrel Badra field. On December 29, Russia's Lukoil (85 percent) and Norway's StatoilHydro (15 percent) will ...

  • Russia to resume Turkmen gas imports 22 Dec 2009 13:40 GMT
    ... Turkmenistan's President Kurbanguly Berdymukhamedov (R) clink glasses with ... Kurbanguly Berdymukhamedov (R) clink glasses with his Russian counterpart Dmitry Medvedev as they meet in ... develop new markets in China and Iran. Gazprom, Russia’s state-run gas export monopoly, agreed on ...

  • Mild winter weakens oil prices, says London think tank 22 Dec 2009 23:50 GMT
    ... LONDON, Dec. 22 (UPI) -- A mild winter ... continue to exert downward pressure on crude oil prices that are already weak amid a ... at work in the marketplace. CGES said Russia had caught up on production and therefore ...

  • PetroVietnam, Gazprom set up oil exploration venture 18 Dec 2009 04:41 GMT
    ... OAO Gazprom and Vietnam Oil & Gas Group agreed ... set up an exploration joint venture in Russia, the Vietnamese state-owned company, known as PetroVietnam, ...

  • Oil blockade hits crude oil, natural gas production in Assam 24 Dec 2009 07:11 GMT
    ... Guwahati, Dec 24 (IANS) Crude oil and natural gas production by India's premier ... Engineering Enterprises, Megha Engineering, in consortium with Russian company Volgo bagged the contract for the ...

  • Iraq signs deal with Russia's Gazprom - led consortium to develop central oil field 24 Dec 2009 13:07 GMT
    ... BAGHDAD (AP) - An Iraqi official says a ... official says a business partnership led by Russia's Gazprom has signed an initial deal to develop ...

  • Gazprom-Consortium Wins Rights to Iraqi Oil Field 24 Dec 2009 16:35 GMT
    ... The Iraqi Oil Ministry on Thursday announced a consortium led by Russian energy giant Gazprom had won rights to develop an oil field near the border with Iran. Gazprom, ...

  • Gazprom-Led Consortium Wins Rights to Iraqi Oil Field 24 Dec 2009 19:15 GMT
    ... The Iraqi Oil Ministry on Thursday announced a consortium led by Russian energy giant Gazprom had won rights to develop an oil field near the border with Iran. Gazprom, ...

  • Iraq initials deal to develop central oil field 24 Dec 2009 13:09 GMT
    ... BAGHDAD (AP) - An Iraqi official says a ... official says a business partnership led by Russia's Gazprom has signed an initial deal to develop ...

  • Iraq initial deal to develop central oil field 24 Dec 2009 15:53 GMT
    ... Iraq initial deal to develop central oil field An ... official says a business partnership led by Russia's Gazprom has signed an initial deal to develop ...

  • Slovenia Oil and Gas Report Q1 2009 - research report released 18 Dec 2009 20:35 GMT
    ... Slovenia Oil and Gas Report Q1 2009 - a ... Brent, US$117.22/bbl for WTI and US$113.43/bbl for Russian Urals (Mediterranean delivery). Our projections for 2008 ...

  • Oil and gas will dominate in global energy supply: Russian expert 24 Dec 2009 13:19 GMT
    ... Oil and gas will dominate in global energy supply: Russian expert Energy supply to countries will be implemented mainly by oil and gas by ...

  • Baghdad inks contract with Russia''s Gazprom for oil field development 24 Dec 2009 18:54 GMT
    ... BAGHDAD, Dec 24 (KUNA) -- Iraqi Oil Ministry ... on Thursday with a consortium led by Russia's Gazprom for the development of Badra oilfield as ...


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Quote of the Day

"It was an attempt to erase the memory of the joint past of the former Soviet nations."
— Russian Prime Minister Vladimir Putin, on the demolition of the memorial complex in the Georgian city of Kutaisi

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Exchange Rates: Russian Ruble
USD 1 = RUB 29.6750
EUR 1 = RUB 42.7661
USD 1 = EUR 0.6939
EUR 1 = USD 1.4411

Closing Stocks:
RTSI: 1450.25(1453.)
RU10D: 2,895.04(2.12%)

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Dec. 27

Leon Trotsky was expelled from the Soviet Communist Party, marking a victory by Stalin in a power struggle.
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Leon Trotsky was expelled from the Soviet Communist Party, marking a victory by Stalin in a power struggle.
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Gennady Yanayev was elected to the new post of Soviet vice-president.
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