Oil and Gas
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ENERGY
Russia’s oil export revenues fall 11% in 2014
The like-for-like oil export of Russia declined by nearly 11.4 percent to 153.8 billion U.S. dollars in 2014, the Federal Customs Service…
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ASIA
Future of Davos in Kyrgyzstan
By Francesco Brunello Zanitti Is the new Russian approach towards China and India, vector for a multipolar world order? Will…
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AMERICAS
US oil price falls below 50 dollars threshold, and markets decline sharply
The US oil price fell below the symbolic threshold of $50 a barrel for the first time since April 2009,…
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ENERGY
Oil prices drop amid ample supplies
Oil prices lost Friday amid growing supplies from Organization of Petroleum Exporting Countries (OPEC) and Russia. Iraqi Oil Ministry spokesman…
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EUROPE
Russia, Turkey sign $400 mln joint investment agreement
Turkey and Russia have agreed to make a $400 million joint investment in construction and healthcare sectors. Russian Direct Investment…
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BUSINESS
Iraqi Kurdish oil exports increase by 60 percent in November
The Kurdish Regional Government, or KRG, increased its exports to world markets through Turkey to 300,000 barrels per day, according…
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EUROPE
Russia’s hold on the Baltics loosens
Summary Lithuania has opened a floating liquid natural gas (LNG) import terminal in Klaipeda on Oct. 27. The LNG terminal,…
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EUROPE
Rosneft seeks $49 billion from Russian government
If the Russian government does not help Rosneft, a significant driver of the country’s economy, Russia could face bigger budgetary problems, experts say.…
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AMERICAS
YPF strikes oil and gas in the Kirchner’s province
Argentina’s petroleum company YPF announced the discovery of new gas and oil reserves in the province of Santa Cruz, with…
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BUSINESS
Turkey builds largest oil and gas drilling rig
Turkey’s largest domestic drilling rig built by a Turkish manufacturer was unveiled by Energy Minister Taner Yildiz on Thursday.Speaking to…
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