Tags
General header

Black Sea

Gazprom proposes Turkish hub to supply South Europe The Russian natural gas champion Gazprom intends to substitute the cancelled South Stream project by the newly introduced Turkey Stream Pipeline project to supply the Mediterranean countries. On December 2014, President Poutine decided to stop the far advanced South Stream project pipeline as a result of Ukraine tension […]

admin
Reading: 3 min
Read more

RiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and […]

admin
Reading: 3 min
Read more

Shell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President Viktor Yanukovich took the opportunity of the World Economic Forum in Davos to sign a $10 billion agreement to develop shale gas resources in Ukraine. Last May 2012, Ukraine had selected two major international oil companies, Chevron […]

admin
Reading: 3 min
Read more

The leading Russian Petroleum Company The actual OJSC Rosneft Oil Company (Rosneft) was established in 1993 in Moscow, Russia, as a wholly state owned company under the name of Rosneftegas based on the transfer of assets from the OJSC Rosneft Oil Company (Rosneft). Then in 1995, Rosneftegas was transformed into open joint stock company (OJSC) […]

admin
Reading: 3 min
Read more

IFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives an overview of the main […]

admin
Reading: 3 min
Read more

Russian tax incentive unlock foreign investments The key factor that prompted the companies to sign the agreement was the steps taken by the Government of the Russian Federation to introduce tax incentives for offshore production, including cancelling export duties and introducing a reduced Mineral Extraction Tax rate of 5-15% depending on project complexity. The Russian Government also offered guarantees that the favourable tax regime will remain in […]

admin
Reading: 3 min
Read more

Stay up to date!

Susbcribe to our newsletter for weekly updates about energy projects

We promise we’ll never spam! Take a look at our Privacy Policy for more info.