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15.10.2010, 15:53

Tatneft posts 1H 2010 Net Profit of 15.9 billion Roubles

Russian oil producer, Tatneft, has posted a 1H 2010 Net Profit of 15.9 billion Roubles under U.S. GAAP.

15.10.2010, 16:12

Automaking to change as local production clicks into gear

The privileged regime for foreign car makers is likely to come to an end next February, meaning they will have to produce cars and source parts locally instead of assembling just them.

15.10.2010, 17:29

Rosneft buys German refining stake from PDVSA as Chavez visit strengthens ties

Rosneft has signed a deal with Petroleos de Venezuela to acquire its 50% stake in Germany's Ruhr Oel for $1.6 billion dollars.

02.11.2009, 09:50 2 comments

New antimonopoly rules to put transgressors behind bars

On Friday, the law on criminal liability for abusing antimonopoly rules also came into force, with energy majors under the pump for their pricing policies according to the Federal Antimonopoly Service.

17.02.2009, 14:16

Russian anti-monopoly probes top four oil companies

The Russian Federal Anti-Monopoly Service (FAS) has launched a suit against the country’s leading oil companies.

13.09.2010, 13:18

TMK posts 1H 2010 net profit of $67.3 million

Major Russian gas and oil pipe producer, TMK, has posted a 1H 2010 net profit of $67.3 million under IFRS.

Photo from lukoil.ru 02.06.2010, 13:31

Lukoil posts 1Q 2010 net profit of $2.053 billion

Russian oil producer, Lukoil, has posted a 1Q 2010 net profit of $2.053 billion under US GAAP.

09.04.2010, 21:21 9 comments

Polish shale could muscle into EU gas market

US energy giant Conoco Philips will launch Poland's first shale gas project next month, with the announcement sparking claims Poland could become a rival for Gazprom in Europe.

Image from blog.kir.com 07.08.2009, 19:58 3 comments

Oil braces for tighter longer term

Crude oil is again trading about $72 per barrel after a fourth weekly gain, with the International Energy Agency suggesting falling production may drive prices higher and the world towards another oil crisis.

14.11.2009, 22:15 8 comments

"Russian food and energy will save the world"

William Wilson, an economist from the Vanguard investment firm in London, told RT about Russia’s impact on the global economy.

Energy the cornerstone of Russian ties with Venezuela

Published: 16 October, 2010, 17:58
Edited: 18 October, 2010, 07:18


Russian President Dmitry Medvedev, right, and his Venezuelan counterpart Hugo Chavez embrace each other after signing documents during their meeting in Moscow, Russia, Friday, Oct. 15, 2010

The ten deals signed up to by Russia and Venezuela, during the visit by President Hugo Chavez to Moscow, underline the key role of energy in the ties between the two nations.

 
2 COMMENTS
Enrique October 16, 2010, 21:35 quote
0

Taking into account that Venezuela is a net importer of agriculture products even if given its tropical weahter it has a very rich soil, probably Russian companies can help Venezuela to be self-sufficient in food. Both agriculture and livestock are underdeveloped in Venezuela, while it could be a net exporter. Also the fishing industry and ships have to improve and both Russia and Venezuela can cooperate also in this field. Food industry: agribusiness, fishing and and livestock.

Bru Raczin October 18, 2010, 01:58 quote
0

Traditionalists in the US will say it's "The Cuban Missile Crisis all over again." They are already talking about crap like that on Facebook. When will it end? People have to realize this is WWIV and it's Not about Nuclear Arms, OR Oil Or Energy...it's an Economic War and the smug leaders in America who control our economy shipped it all overseas and have lost the opening rounds in WWIV big time. We Should have let the World Economy sink into another Great Depression to see all our competitors come crawling to us for "bailouts" just like Greece was bailed out by the EU. When are people of the world going to wake up and realize there is NO "Global Economy" and that it's just 2% of the world's richest who own and run mostly everything there is on this planet. Forget about making money in the "stock market" because it's run by the "quants" and their computer driven multi-million share trades. When 'Black Friday comes' just dig a hole...that's all you'll have left.

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