Russian Oil Companies Return to post-Saddam Iraq
Russian energy companies in Iraq have maintained their presence in the country regardless of the political forces in power, working within ... ... assumed to mark Russia’s active return to the Middle East, the Government of Iraq had already signed large contracts with LUKOIL, Gazprom Neft and Bashneft. Rosneft made its dynamic and massive entry into Iraq following the improvement of the security in the country and on the back ...
... of contemporary economic discourse, with a focus on Russia’s position and development.
On June 26, 2017
Viktor Katona
, Oil Supply Specialist at the largest Hungarian oil and gas company MOL Group and Russian International Affairs Council (RIAC) ... ... price of oil, and the role of gas in Russia’s future.
He first discussed the impact of sanctions on the development of Russian energy, claiming that the sanctions themselves did not cause significant damage to Russia’s energy industry, but contributed ...
.... As this shift is occurring, under the breeze of economic prosperity across Asia, South America and even Africa, the global energy balance is tipping, particularly as the new economic frontiers are moving at unprecedented pace. LUKoil's 2025 report focuses on these shifts with regards to demographics, motorization, OPEC policy and rapid changes in ... ... Platts Top 250 Majors Ranking, where today it ranks 11th. It is quite a remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success as efficiency still strikes true, with ...
... factor behind ES-2030 and ESPO’s success will be the Vankor Oil Field and its interrelation with subsidies and taxation. Rosneft cunningly managed to reclassify its geographic location as an Eastern Siberian oilfield, which initially resulted in zero and then little taxation; plus $4-5 billion subsidies. Geographically it is not in ... ... readers recall, I did a post on 2035 global forecast, the new forecast has just been released called the "Global and Russian Energy Outlook 2040" - this report argues that taxation will be vital in determening Russian path as really high taxes on ...
... miracle, especially in respect to oil (See: BruneiTimes). Oil discussions were a success, as Rosneft and CNPC signed several agreements; including first ever Arctic joint-venture for an Asian country (See: Bloomberg). Alexander Novak, Russia's Energy Minister, said Rosneft will send an extra 2 million tonnes of oil to China along ESPO oil pipeline in 2014, and will gradually increase such shipments to 15 million tonnes by 2018; which is huge news for players involved (See: Interfax). Due to these deals China will overtake Germany as a top destination for Russian ...
