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