Здравствуйте. Вся информация этого сайта бесплатна без рекламы. Вы можете сделать пожертвование и поддержать развитие этого сайта. Спасибо.

Hello. This site is free without ads. You can make a donation and support the development of this site. Thank you.

2014-08-12 18:20:00

ROSNEFT & SARAS DELAYED

ROSNEFT & SARAS DELAYED

Saras SpA (SRS), an Italian oil refiner, delayed plans to set up a trading joint venture with its Russian partner OAO Rosneft because of worsening relations between Europe and President Vladimir Putin's government.

"In recent weeks, activities with Rosneft have been put on hold because of political events," Dario Scaffardi, executive vice president and general manager, said today on a conference call. The "activities" relate to the JV as well as to commercial initiatives.

Saras, based in Milan, was scheduled to start a trading joint venture in April with its partner, which was delayed to the summer following the purchase by Rosneft of Morgan Stanley's oil-trading business. The Russian oil company, which currently holds 21 percent in the refiner, held informal talks with the Moratti family, Saras's biggest investor, to boost its stake, Il Sole 24 Ore reported in February.

Europe and the U.S. have tightened sanctions aimed at hurting Russia's economy following the annexation of Ukraine and the shooting down of a plane that killed almost 300 people. Igor Sechin, Rosneft's chief executive officer, is on a list of sanctioned individuals.

The company runs the Sarroch refinery in Sardinia with a capacity of 300,000 barrels of oil a day.

bloomberg.com

Tags: ROSNEFT, SARAS, OIL, RUSSIA, ITALIA

Chronicle:

ROSNEFT & SARAS DELAYED
October, 18, 18:40:00

U.S. LNG RISK

There are more than a dozen LNG export projects currently being proposed to US regulators, though across the industry almost no final investment decisions have been announced over the last 18 months and some developers have delayed their decisions into 2018 or beyond. Few firm supply purchase agreements have been announced for the projects that have yet to commit to moving forward.

ROSNEFT & SARAS DELAYED
October, 18, 18:35:00

CANADA'S OIL PRICE: $50 - $53

According to the U.S. Energy Information Administration, Canada's largest energy customer has boosted domestic oil production from less than four million barrels per day in 2008 to 9.2 million bpd now, while gas output has risen from 67 million cubic feet per day to 89 million cf/d.

ROSNEFT & SARAS DELAYED
October, 18, 18:30:00

EGYPT SOLAR INVESTMENT

Egypt’s fledgling solar industry attracted $1.8 billion of investment, largely from the European Bank of Reconstruction and Development and the World Bank’s International Finance Corp.

ROSNEFT & SARAS DELAYED
October, 16, 12:25:00

OIL PRICE: ABOVE $57 AGAIN

International Brent crude futures LCOc1 were at $57.75 per barrel at 0733 GMT, up 58 cents from the previous close, after trading as high as $58.13. U.S. WTI crude was at $51.95 per barrel, up 50 cents. Earlier in the day, it traded as high as $52.22.

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00