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13.02.2014 Russia’s Lukoil suspends preparations for Hong-Kong listing

Russian oil company Lukoil has suspended preparations for the listing of its shares in Hong-Kong because Moscow has not ratified an International Organization of Securities Commissions (IOSCO) memorandum so far, CEO Vagit Alekperov said on February 12, Prime has reported

13.02.2014 Russian minister to visit Iran in April to discuss oil

Russia’s Economic Development Minister Alexei Ulyukayev will visit Iran in late April to discuss trade and economic issues, he said on February 12, Prime has reported.

“The trip will probably take place, but in April, not in March,” Ulyukayev said.

12.02.2014 Russian Skolkovo experts suggest stimuli for independent oil companies

The energy center of the Skolkovo business school has authored a study on the future of independent oil companies.

12.02.2014 GE to invest $1 billion in Russian oil and gas production

General Electric will sell oil and gas technologies to Rosneft and other local industry players, GE CEO Jeffrey Immelt has told Russian Prime Minister Dmitry Medvedev.

12.02.2014 Russian deputy minister says oil, gas output to rise in 2014

Russia’s oil and gas output will continue increasing in 2014 with the oil production reaching 525 million tonnes and the gas one 700 billion cubic meters, the Deputy Energy Minister Kirill Molodtsov said on February 12, Prime has reported.

12.02.2014 Linde to deliver two hydrogen plants to Russia’s Tatarstan

Technology company The Linde Group has recently signed an engineering and procurement contract for two hydrogen plants in Nizhnekamsk, Republic of Tatarstan, Russian Federation, Linde’s press office said on February 11.

12.02.2014 Russia’s Gazprom pushing ahead with South Stream project

Alexey Miller, Chairman of the Gazprom Management Committee held a meeting dedicated to the South Stream and Southern Corridor projects, Gazprom’s press office said on February 11.

11.02.2014 Russian natural resources ministry suggests tax deductions to stimulate exploration

The Russian natural resources ministry has suggested that geological exploration should be eligible to tax deductions, minister Sergey Donskoy said in an interview with

11.02.2014 Yevgeny Taubkin appointed to head Russia’s Skolkovo Fund investment service

Yevgeny Taubkin has been appointed as head of the Skolkovo Fund investment service. Taubkin who is in his late thirties graduated from the Russian State Management University in 1998.

11.02.2014 Russia’s Rosneft approves $273 mn worth of oil shipments to BP

The board of Russia's top oil producer Rosneft has approved deals to supply BP with crude oil and fuel oil worth up to $273 million, Rosneft said in a regulatory filing, Reuters reported on February 11.