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2014-04-18 18:17:00

SOUTH STREAM DESPITE

SOUTH STREAM DESPITE

Russian and international oil and gas majors are cooperating as usual despite sanctions imposed over Ukraine and Russia's South Stream gas pipeline project is going ahead, Energy Minister Alexander Novak said on Friday.

"There is no sense behind talk of the severing of relations... They express their desire to invest in Russia," Novak told reporters when asked if sanctions had hit energy cooperation.

The world's top crude oil producer and a leader in natural gas, Russia has signed deals with international majors on developing energy resources, mainly in the offshore Arctic region.

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Tags: SOUTH, STREAM, RUSSIA, EUROPE, ROSNEFT, GAZPROM

Chronicle:

SOUTH STREAM DESPITE
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

SOUTH STREAM DESPITE
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

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SOUTH STREAM DESPITE
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

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SOUTH STREAM DESPITE
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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