Lukoil: Russia’s oil production to reach 12 bpd by 2035
Currently, Russia pumps around 11.2 million bpd of oil and condensate...
Tag : Russia
Top Russian corporates seek domestic ratings for local banks
The firms claim that domestic ratings would significantly lower the pressure on banking capital...
Sberbank reports profit of $3.95 bn despite lower corporate loans
Corporate loans approved by Sberbank decreased by 3.6 percent in the second quarter...
Russia approves $9.3 bn motorway project to ease China-Europe trade
The 2000 km long project, which is part of China's one belt, one road initiative will take 12 to 14 years to be completed...
Russian banks’ net profits increase to $11.6 billion in first four months
The Central Bank also said that it will consider introducing a gold-backed cryptocurrency for international settlements...
Russia will decide OPEC oil cuts extension depending on the market
President Putin said Russian companies have new plans to develop fields which “should be taken into account”...
Russia, Colombia lead global oil and gas discoveries in Q4 2018
Russia had two natural gas discoveries in the West Siberian basin and an oildiscovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin, says GlobalData...
Russian gas major Gazprom’s profits soar five fold to $3.8 billion
Second-quarter net profit jumped to the current amount from $708 million in the year-earlier period...
Gazprom is investing more in Oil and Gas than Exxon
The Russian, state-controlled natural gas giant leads a ranking of oil and gas big spenders with an estimated capex of $160 bn on 84 oil and gas projects worldwide...
Frontier markets debt: Many European investors have a misperception about Africa
“'We are very constructive on frontier markets’ fundamentals as a whole, and this is particularly true for several African states," Yvette Babb, Senior Portfolio Manager Frontier Markets Debt at NN Investment Partners...