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Oil Tax Reforms to Be Set in Weeks

Sept. 19 – Oil tax reforms should be set shortly, a senior Exxon executive told reporters last Friday. Russia’s top oil producer Rosneft signed a major deal with ExxonMobil last month to drill for oil...

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Russia to Attract More Foreign Investment

Sept. 20 – Foreign investors are optimistic about Russia’s future attractiveness, according to Ernst & Young’s first Russia Attractiveness Survey published on the company’s web site. A total of 75...

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IMF Recommends Russia Undertake Economic Reforms

Sept. 22 – Russia must make fundamental changes to its fiscal and monetary policy in the next few years to reach stable economic growth and reduce the country’s vulnerability to external shocks, the...

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Russia to Review its Gas Contract with Ukraine

Sept. 28 – Russia has agreed to review its gas contract with Ukraine, Ukrainian Prime Minister Mykola Azarov said Monday. “We have finally managed to reach an agreement with Russia on reviewing the...

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Russian Companies to Break into Brazilian Market

Nov. 8 – The Russian gas giant Gazprom opened an office in Rio de Janeiro last week, while another Russian oil producer TNK-BP announced an agreement to buy 45 percent of the Solimoes Basin project for...

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Talks Concerning Russian Pipeline through Korean Peninsula to Continue

Feb. 7 – North Korea’s new leadership supports an agreement on the proposed extension of a Russian pipeline into North and South Korea. Kim Jong-un, North Korea’s recently appointed 29-year-old...

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Sinopec and Sibur to Produce Rubber in Krasnoyarsk

May 15 – China Petroleum and Chemical Corporation (Sinopec) and Sibur, the Russian petrochemicals group, have entered into a cooperation agreement to form a butadiene nitrile rubber joint venture in...

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Russia to Improve Access to Construction Permits and Energy Infrastructure

Jun. 14 – Two road maps to improve Russia’s investment climate, by addressing the construction sector and energy infrastructure in particular, have been approved by the cabinet. One of the road maps...

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Zarubezhneft Discovers Offshore Oil Deposit in Vietnam

Jul. 19 – OAO Zarubezhneft, a Russian state oil producer, has discovered an offshore oil deposit in Vietnam, the company said in a statement earlier this week. The deposit is located in the area where...

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Gazprom to Buy Gas in Brunei

Jul. 20 – Russian state monopoly (and the holder of the world’s largest gas reserves) Gazprom could begin purchasing liquefied natural gas (LNG) from Brunei after 2013, when current contracts with its...

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Moscow to Restore Ties with Ankara Contrasting Public Opinion

By Marina Romanova Turkish president Recep Erdogan travels to St. Petersburg on coming Tuesday, August 9th, to meet his Russian counterpart Vladimir Putin to restore two nations’ economic ties being...

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Russia Becomes World’s Largest Supplier of Crude Oil

Russia has taken over from Saudi Arabia as the world’s largest supplier of crude oil, according to the Riyadh based Joint Organisations Data Initiative. This development will benefit China's Silk Road...

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IMF Recommends Russia Undertake Economic Reforms

Sept. 22 – Russia must make fundamental changes to its fiscal and monetary policy in the next few years to reach stable economic growth and reduce the country’s vulnerability to external shocks, the...

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Russia to Review its Gas Contract with Ukraine

Sept. 28 – Russia has agreed to review its gas contract with Ukraine, Ukrainian Prime Minister Mykola Azarov said Monday. “We have finally managed to reach an agreement with Russia on reviewing the...

View Article

Russian Companies to Break into Brazilian Market

Nov. 8 – The Russian gas giant Gazprom opened an office in Rio de Janeiro last week, while another Russian oil producer TNK-BP announced an agreement to buy 45 percent of the Solimoes Basin project for...

View Article


Talks Concerning Russian Pipeline through Korean Peninsula to Continue

Feb. 7 – North Korea’s new leadership supports an agreement on the proposed extension of a Russian pipeline into North and South Korea. Kim Jong-un, North Korea’s recently appointed 29-year-old...

View Article

Sinopec and Sibur to Produce Rubber in Krasnoyarsk

May 15 – China Petroleum and Chemical Corporation (Sinopec) and Sibur, the Russian petrochemicals group, have entered into a cooperation agreement to form a butadiene nitrile rubber joint venture in...

View Article


Russia to Improve Access to Construction Permits and Energy Infrastructure

Jun. 14 – Two road maps to improve Russia’s investment climate, by addressing the construction sector and energy infrastructure in particular, have been approved by the cabinet. One of the road maps...

View Article

Zarubezhneft Discovers Offshore Oil Deposit in Vietnam

Jul. 19 – OAO Zarubezhneft, a Russian state oil producer, has discovered an offshore oil deposit in Vietnam, the company said in a statement earlier this week. The deposit is located in the area where...

View Article

Gazprom to Buy Gas in Brunei

Jul. 20 – Russian state monopoly (and the holder of the world’s largest gas reserves) Gazprom could begin purchasing liquefied natural gas (LNG) from Brunei after 2013, when current contracts with its...

View Article
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