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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has entered into a cooperation agreement with the Russian State Atomic Energy Corporation Rosatom (Rosatom). The parties agreed to cooperate in several areas. First, the parties intend to deliver strategic projects. ....
The Russian state company intends to produce 30 million tons in its Vostok Oil project in 2024. Most of it will be shipped to Murmansk, and from there along the Norwegian coast to the world market.
Vostok Oil will be one of Russia’s biggest ever oil projects. On the vast stretches of the far nort ....
Vostok Oil will be one of Russia’s biggest ever oil projects. On the vast stretches of the far northern Taymyr region, Rosneft intends to produce an annual 115 million tons of oil by year 2033. Already by 2024, production is to reach 30 million tons. Then, 50 million tons by 2027. According to company leader . ....
The shareholding in hyped oil exploration project goes to a consortium of global commodity trader Vitol and Singapore s Mercantile & Maritime Energy ....