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Archive for July 11th, 2007

Russia Puts Energy Importers Over a Barrel

Russia, the world's second largest oil exporter and leading exporter of natural gas, has traditionally targeted most of its sales to Europe. But demand for energy products is rising fast in India and China. Hoping to gain both economically and politically, Russia is poised to sell more energy products to Asia. China is the largest [...]

Wednesday, July 11th, 2007

Shell teams up with Rosneft

Russia's state-controlled oil company Rosneft and Anglo-Dutch Shell have signed an agreement on strategic cooperation that stipulates joint exploration, oil production and processing, and the sale of petrochemicals in Russia and abroad.
Rosneft hopes to get a share of Shell's European refineries. However, analysts believe that their immediate cooperation will be limited to Shell financing exploration [...]

Wednesday, July 11th, 2007

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