Search: Russia,Rosneft (10 materials)

A New Oil Campaign in Iraq

... Kirkuk–Ceyhan Oil Pipeline, thus becoming its operator. The pipeline had already been modernized, and its capacity increased from 700,000 barrels per day to 950,000 by the time of the acquisition. Ruslan Mamedov: After the Caliphate: The Prospects of Russia–Iraq Relations In 2018, Rosneft announced it was launching geological exploration works at the Batil, Zawita, Qasrok, Harir-Bejil and Darato oil fields in the Kurdistan Region. The Russian company owns 80 per cent of each field. Rosneft reported that the cost of entering these ...

26.11.2019

Viktor Katona's Lecture “Not only Oil: The Hydrocarbon Market in the Era of Change”

V. Katona discussed the hydrocarbon market, which stands among the most important topics 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) expert, held a lecture titled “Not Only Oil: The ...

30.06.2017

Sanctions vs. Cheap Oil: What is More Dreadful for Russia’s Fuel & Energy Complex?

... limitations. Article 9 of the Federal Act FZ 2395-1 сoncerning Subsurface Resources states that only the companies with a 50% statutory capital (or 50% voting trust) belonging directly or indirectly to the state and a 5-year experience of work on the Russian shelf are allowed to be the users of the subsurface resources of the shelf. Only four companies meet these criteria: Rosneft, Gazprom, Gazpromneft, and Zarubezhneft. At the moment the situation around Rosneft’s shelf projects with foreign companies being involved is still not clear. Rosneft is likely to lobby for the liberalization of access to shelf deposits, as ...

26.04.2017

The Phoenix: Prospects of Egypt’s Oil and Gas Sector

... exporting infrastructure, and consequently, cheap resource production costs. It is possible that Russian companies would have expressed more interest in Egyptian projects, had the oil and gas prices been higher and the profits been greater. However, Russian companies have begun supplying oil and gas to Egypt. Rosneft and Gazprom signed contracts to supply LNG there. Rosneft’s LNG cargos of are delivered in accordance with a two-year contract , as well as bought on the spot market. It is worth noting that despite new gas discoveries, exporting natural ...

13.02.2017

Russia–Qatar “Rapprochement”: A Tactical Move Driven by Geopolitical and Economic Concerns

... cooperative rhetoric—after all, the document contained no arms trade-related provisions. The crowning achievement of Russia–Qatar diplomacy in 2016 was announced in December, 2016, when QIA together with Glencore purchased a 19.5% stake in Rosneft, Russia’s largest state-owned oil company. However, pronouncing Russia and Qatar the homecoming couple of 2016 would be farfetched. It appears that the Syrian crisis is one of the key drivers behind the two countries’ recent “rapprochement,...

23.01.2017

European Court Hearings on Rosneft’s Lawsuit against EU Council Begin

... difficult to predict. Political and legal consequences of the EU Court’s disposition of the Rosneft case AP Photo/Alexander Zemlianichenko Ivan Timofeev: Russia and Europe: Structural Imbalances The case will be of great significance not only for Rosneft and other Russian companies in the sanctions list, but for the established practice in applying the law in the European Union. In addition, Case C-72/15 court decision will exert direct influence on other sanctions cases initiated by Russian companies in the European ...

21.03.2016

Liberalization of Natural Gas Exports to Help Russia Restore Positions on the European and Global Markets

... retain the status of a leading global energy power. Moscow should not fear losing control over the natural gas flows, since the government will still control the export channel by setting export duties and quotas. One should also remember that one of Russia’s key IGPs – Rosneft – is a state-controlled energy company. 1 . See Russian Federation Federal Law No. 117-FZ dated July 18, 2006 http://www.rg.ru/2006/07/20/gaz-export-dok.html 2 . Cited by ConsultantPlus legal database http://base.consultant.ru/cons/cgi/online....

01.08.2013

Oil and Gas Markets to 2025 - LUKoil

... exciting as the recent TNK-BP acquisition by Rosneft and the subsequent "aggressive consolidation" should not only result in efficiency savings, but allow a new avenue of possibility as BP now has access to the Arctic with Rosneft. Hopefully, Rosneft's consolidation and LUKoil's upward trend will pull Russian companies back into the top 50 firms of the Financial Times Global 500, as only candidate Gazprom crashed out extravagantly this year by losing 26 places and ending up 57th due to the quickly changing European market. To add salt to the wound,...

25.07.2013

Route-2030

... areas due to a lack of piping expertise. Besides technical issues, political factors have also strained development. Like the 10 year dispute amid TNK-BP, Interros, Gazprom and other stakeholders, but a light at the end of the tunnel seems nearer as Russian politicians have stepped into to resolve some of the issues. Also, TNK-BP acquisition by Rosneft naturally resolves some of the long-lasting disputes. As the below map illustrates the extent of underdevelopment is quite obvious, particularly if compared to the European part of Russia. It is not surprising, since USSR and China have fell into ...

12.04.2013

Oil and Gas Digest

... (Petróleos de Venezuela S.A.), have agreed to develop an oilfield with estimated reserves of 40 billion barrels (See: OGE), but eyes will be on the upcoming election which for the first time will no longer feature flamboyant Chavez. At first, Russia's Rosneft seemed to be the most vulnerable due to Chavez's death, as it hedged massive funds in developing Venezuela's energy sector; Igor Sechin, President of Rosneft, viewed it as number one foreign investment opportunity. He even famously ...

02.04.2013

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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