According to the Russian Customs Service, annual oil supplies from Russia to China has amounted to 52.6 mln tonnes. Rosneft accounts for 75% of oil supplies. «Partnership with China for Rosneft is a deliberate strategic choice. Rosneft sells one third of all exported oil to China. Rosneft plans ...Modified: 21.09.2018
The Russian oil and gas company LUKOIL will continue to remain the dominant international operator in Uzbekistan's oil and gas sector in the coming years, Ashley Sherman, principal analyst, Caspian & Europe Upstream oil and gas, at Wood Mackenzie, told Trend. He ...Modified: 09.08.2018
Russia is ready to boost oil production within the OPEC+ oil production capping deal by more than 200,000 barrels daily in order to increase the OPEC+ production growth to 1 mln barrels. Ministers of OPEC+ countries made a decision at their meeting on June 23 to increase oil ...Modified: 02.07.2018
The Russian government is discussing the possibility of introducing a refundable excise tax on oil with an increasing coefficient for oil plants located far from export markets - in the Volga region, the Urals and Siberia. For these purposes, it is planned to allocate $5.14 bln. Refundable excise duty is expected to compensate the factories for ...Modified: 21.06.2018
Gazprom Neft will continue to be guided by the price of oil at $50 per barrel when planning investments, although it expects a higher cost of resources. "If we talk about our company, we are still making our long-term investment decisions proceeding from our forecast of $50 per barrel. If we talk ...Modified: 25.05.2018
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From January to April, 2019 Orel regionís export to Germany increased by 7% compared to the same period of 2018 and amounted to $5.9 mln.
From January to April, 2019 Pskov regionís export to Spain went up by 1.64 mln. compared to the same period of 2018 and amounted to $1.65 mln.
In 2018 Russia became the worldís largest exporter of fuel elements (cartridges). Its export volume amounted to $981 mln or 44% of worldís fuel element export.
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya