Search for russia

05.02.2014 Romania not to export natural gas to Moldova

Romania will not start exporting gas until it has entirely satisfied its internal needs, Romania’s Minister of Energy Constantin Nita said in an interview released by the state agency AGERPRES on February 4, Itar-Tass has reported.

05.02.2014 Board member increases stake in Russia’s Gazprom

Yaroslav Golko, a board member of Russian gas giant Gazprom, has raised his stake in the company to 0.00014784% from 0.00007708% spending 2.3 million rubles, the company said in a statement on February 5, Prime has reported.

05.02.2014 Russia’s Rosneft not to cancel gas deal with Alrosa

Russian oil major Rosneft may adjust the price of gas assets, which will be purchased from diamond mining giant Alrosa, but has no plans to cancel the agreement, Igor Sechin, CEO of Rosneft, told reporters on February 4, Prime has reported.

05.02.2014 Russia’s Rosneft increases production in 2013

On February 4, Rosneft published consolidated IFRS financial statements for 12 months of 2013.

Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%).

04.02.2014 Russia’s VNIIGeofizika sums up 2013 results

The main event for the open joint-stock company VNIIGeofizika (national geophysics research institute) in 2013 was its takeover by the state holding Rosgeologia.

04.02.2014 Russia’s Verkhnechonskneftegaz eyes block in Evenkia

Verkhnechonskneftegaz, which is a subsidiary of Rosneft, has obtained licenses to develop seven oil and gas blocks in East Siberia. These include the Kulindinsky block in Tungussko-Chunsky District of Evenkia municipal district in Krasnoyarsk Territory.

04.02.2014 EU should not harm South Stream pipeline partnership, Russia’s Lavrov says

Serbia-EU accession negotiations does not harm strategic partnership between Serbia and Russia and “South Stream” project is in accordance with international law, Russian Foreign Minister Sergei Lavrov said in the interview for “Politika” daily, Independent Balkan News A

04.02.2014 BP profit down in fourth quarter

BP Plc (BP/), Europe’s second-largest oil company, said fourth-quarter profit fell from a year earlier as output declined and refining margins weakened, Bloomberg reported on February 4.

04.02.2014 Gazprom gas deliveries supplies to Armenia down 0.6% in 2013

Russia’ natural gas monopoly Gazprom reduced in 2013 supplies of gas to Armenia by 0.6% year-on-year to 1.956 billion cubic meters, Itar-Tass reported on February 3, citing ArmRosgazprom.

04.02.2014 Russia’s Surgutneftegaz five managers to leave board of directors

Surgutneftegaz’s board of directors has approved 10 candidates to nine positions of a new board, the company said in a report on February 3, Itar-Tass has reported.