Gas industry
Gazprom, a leading Russian energy company, is set to hold negotiations with PetroChina Company Limited to finalize the details of natural gas supply to China. The two companies have already agreed on the technological specifications of the Altai Gas Pipeline, a 2,800-kilometer long pipeline that will export natural gas
Gas industry
The Russian stock market experienced a sharp decline on Tuesday, mirroring the trend of falling global markets and plummeting oil prices. The benchmark stocks on the Moscow Interbank Currency Exchange (MICEX) dropped by 2.48%, while the RTS Index fell by 2.41%. The International Monetary Fund's (IMF)
Gas industry
Trading of shares in the Russian Trading System (RTS) on 27 December 2010 revealed a diverse array of stock prices and activity levels. The data presented provides a snapshot of the market at 12:00 MSK, highlighting the highest and lowest prices, as well as the average prices for each
Gas industry
Russian stocks experienced a decline on Monday, with the MICEX index closing down 0.73% to 1,663.55 points and the RTS decreasing by 0.29% to 1,764.39 points. The decline was attributed to China's decision to raise interest rates, affecting various sectors, including energy
Gas industry
Russia's trading system, RTS, is expanding the list of shares traded in RTS Standard deals with new quotations for 11 companies, including Aeroflot, Inter RAO UES, and Gazprom Neft, as of December 6. This move aims to provide investors with a broader range of options, increasing liquidity and
Gas industry
Trading in the RTS (standard) at 18:45 MSK on 06.12.2010 showed significant activity across various companies. Gazprom was the most heavily traded stock, with over 3.7 billion shares changing hands, accounting for nearly 40% of the total trading volume. Other notable companies with high trading volumes
Gas industry
Bulgaria's government, led by Prime Minister Boyko Borissov, has unexpectedly reversed its stance on the South Stream gas pipeline project, agreeing to fast-track the Kremlin-favoured project despite initial reluctance. The decision followed a visit by Russian Deputy Prime Minister Viktor Zubkov to Sofia on July 6, where he
Gas industry
A consortium led by Lukoil Overseas has successfully bid on the Rapsodia and Trident offshore sections in the Romanian sector of the Black Sea, securing the rights to explore and potentially extract oil and gas. The consortium, which also includes Vanco International of the United States, will hold an 80-20
Gas industry
Russian President Dmitry Medvedev and French President Nicolas Sarkozy will sign multiple bilateral documents on cooperation in the oil and gas, aerospace, and transport industries during their meeting on Saturday. The documents aim to strengthen economic ties and modernization efforts between the two nations. Key issues to be discussed include
Gas industry
Asian markets surged Monday as the Chinese yuan, known as the renminbi, rose to its highest value against the dollar in 20 months, driven by the People's Bank of China's decision to allow limited flexibility in its currency. The move has sent a positive signal to
Gas industry
A fragile agreement has been reached between Ukraine and Russia to resume supplies of Russian natural gas to Europe, ending a bitter dispute that has left tens of thousands of households in eastern and southeastern Europe without gas for heating and cooking. The EU and both countries have stated that
Gas industry
A potential deal to restore natural gas supplies from Russia to Europe via Ukraine has collapsed due to Moscow's rejection of amendments made by Kiev, sparking a new wave of diplomatic activity. Russian President Dmitry Medvedev appealed to EU leaders to influence Ukraine to withdraw the added terms,
