Western energy companies pursuing projects with Russia are feeling the heat after that country’s invasion of Ukraine, and UK giant BP has become the first to announce...
08.05.2019
- The Commonwealth of Independent States (CIS) consists of ten Eurasian countries formed following the break-up of the Soviet Union. Three years after its inception in 1991, United...
25.01.2019
- India’s Nayara Energy, owned 49.13% by Russian oil giant Rosneft, is planning to invest $850 million to expand its Vadinar refinery in Gujarat and build a petrochemical complex. A...
06.03.2018
- US oil and petrochemicals multinational Exxon Mobil has decided to end its exploration joint ventures with Russia’s Rosneft due to US and international sanctions that have blocked...
05.12.2017
- Russian oil company Rosneft and Indonesian energy group Pertamina have formed a joint venture to build a grassroots refinery and petrochemical complex in Tuban, East Java...
18.09.2017
- ExxonMobil and the Russian government have settled a long-running tax dispute worth more than $600 million, the Russian finance ministry said in a statement sent to French news...
24.07.2017
- ExxonMobil is contesting a $2 million fine from the US Treasury Department for violating sanctions against doing business with Russia. The discussion revolves around a deal made...
05.05.2017
- A Stockholm, Sweden, arbitration court has postponed a hearing in a tax dispute between the Russian finance ministry and US oil and petrochemials ExxonMobil while the disputing...
