Posts Tagged ‘Oil’
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Russia Proposes Currency Devaluation
Russia Proposes Currency Devaluation
February 05, 2017The Russian Finance Ministry has reportedly proposed devaluing the ruble by as much as 10% in ...
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Poland’s Shale Dream Officially Ends
Poland’s Shale Dream Officially Ends
October 23, 2016Polish energy companies, PGNiG and PKN Orlen have finally given up their hopes of extracting ...
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Lukoil to Sell Polish and Baltic Petrol Stations
Lukoil to Sell Polish and Baltic Petrol Stations
February 09, 2016Lukoil, the largest private oil company in Russia is to sell its petrol stations in Poland, ...
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Russian Mortgage Holders Wont be Helped, Says Bank
Russian Mortgage Holders Wont be Helped, Says Bank
January 29, 2016Denis Kovalex, the deputy board chairman at DeltaCredit bank, has said that demands for a ...
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Real Wages Fall 9.5% in Russia in 2015
Real Wages Fall 9.5% in Russia in 2015
January 27, 2016Russia’s state statistic service, Rosstat released statistics on Monday showing that real ...
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Falling Oil Prices Drag Ruble Down
Falling Oil Prices Drag Ruble Down
January 06, 2016With global oil prices dropping further, Russia’s currency has begun to fall in value ...
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Saudi Arabian Oil Pushing Into Russia’s European Market
Saudi Arabian Oil Pushing Into Russia’s European Market
November 18, 2015Saudi Arabian oil is making inroads into Russia’s European oil market, causing large ...
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Ukrainian Exports Fall 34% in Eight Months
Ukrainian Exports Fall 34% in Eight Months
October 22, 2015According to the State Statistics Committee, Ukrainian exports have fallen 33.9% in the first ...
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Soyuzneftegaz Drop Syrian Exploration Plans
Soyuzneftegaz Drop Syrian Exploration Plans
October 01, 2015Russian oil and gas company, Soyuzneftegaz has dropped its exploratory plans for resources off ...
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Only 2% of Russian Corporate Profits Fall Outside Energy
Only 2% of Russian Corporate Profits Fall Outside Energy
September 25, 2015Alarming statistics emerging from Russia show that only 2% of the country’s corporate ...
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Slump in Electronic Sales in Russia
Slump in Electronic Sales in Russia
September 14, 2015Russia has seen a massive 26% drop in the sale of electronic goods in the first six months of ...
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Russian Economic Contraction 4.2% in June
Russian Economic Contraction 4.2% in June
July 28, 2015Official figures show that Russian economic contraction for June compared with the same period ...
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Russian Reserve Fund to be Replenished if Oil Exceeds $70
Russian Reserve Fund to be Replenished if Oil Exceeds $70
July 06, 2015The Russian Finance Minister has said that he will begin to replenish the country’s ...
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Slovakia Oil Deposits Running Dry
Slovakia Oil Deposits Running Dry
June 30, 2015Slovakia produces approximately 1% of its oil needs and is hugely dependent on imports for its ...
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Unipetrol Fail to Pay Dividend for 7th Year
Unipetrol Fail to Pay Dividend for 7th Year
June 03, 2015Oil distribution company, Unipetrol will not be paying a dividend to its shareholders this ...
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Croatian Officials Meet with Marathon Oil Corporation
Croatian Officials Meet with Marathon Oil Corporation
May 05, 2015The Croatian head of regional planning and environment, Jelana Lonaric has met with a ...
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Excellent Profits Released by PKN Orlen
Excellent Profits Released by PKN Orlen
April 23, 2015Poland’s largest company, oil refiner and petrol retailer, PKN Orlen, has released better than ...
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Ruble Close to Breaking 50 to the Dollar
Ruble Close to Breaking 50 to the Dollar
April 15, 2015With Oil prices rising slightly again, the Russian ruble looks set to break the psychological ...
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Romanian Hydrocarbons Difficult to Extract
Romanian Hydrocarbons Difficult to Extract
January 09, 2015Following the Romanian Oil and Gas conference, the CEO of Prospectiuni has said it is getting ...
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Strain for US Traded Russian Firms
Strain for US Traded Russian Firms
January 07, 2015OAO Gazprom Neft, a 96% government owned company and a subsidiary of Gazprom, is trading at ...
