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Oil & Gas

A working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Abd Rabbuh Mansur Hadi, President of Yemen took place today in Moscow.

Russian shares headed for the lowest level in a week as crude oil, the nation’s chief export earner, sank and utility shares retreated.

Russia’s oil major Rosneft is going to explore the Lebanon shelf together with America's ExxonMobil, Rosneft head, Igor Sechin told reporters on Wednesday.

MOSCOW, April 3 (RIA Novosti) – Russia’s oil majors Rosneft and LUKoil and the country’s largest independent gas producer Novatek have filed bids for a licensing round in Lebanon to prospect hydrocarbons on the Middle Eastern country’s shelf, the Lebanese Energy and Water Ministry said on Wednesday.

Reuters) - Forty-five years after its accidental discovery deep under the swamps of West Siberia, the race is now on to develop the world's largest shale oil resource, Russia's Bazhenov.

On April 3, 2013 Rosneft agreed heads of terms to acquire aviation refueling businesses from Basic Element in the airports of Krasnodar, Sochi, Anapa, Gelendzhik and Abakan operated by BASH (Basel Aero Supply and Handling).

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