Rosneft.

Gazprom and Rosneft are the two largest energy companies in Russia. Gazprom focuses on gas extraction, and Rosneft on oil extraction. However, the latter has been formulating increasingly bolder plans to enter the segment previously captured by the company from St. Petersburg, which raises concerns among the Gazprom management. Will Nord Stream 2 be the […]

What goes in Poland on 16th of March?

What goes in Poland on 16th of February.

Almost 16 years ago the dismantling of Russia’s then biggest oil company started. Out of the carnage a new tycoon was born, which until then had been a lightweight among Russian energy companies. The impact of those events has been resurfacing with various frequency, generating emotions and discussions not only about the energy sector, but […]

The KGB operation before the rigged election in Belarus could have been a setup aimed at revealing the impact of external forces against which Alexander Lukashenko is fighting. These events involved the Wagner Group, about which Mariusz Marszałkowski, editor at BiznesAlert.pl, writes.

The oil price crisis is affecting every oil producer in the world. At a time like this oil companies are trying to outdo their competition in assurances on how long they are able to last. In case of Russia’s ability to withstand the crisis contradictory information cropped up. What is the real price of extracting […]

A row over the reasons for the Druzhba pipeline contamination crisis gave rise to an open conflict between Russia’s biggest crude producer and the country’s oil pipeline monopoly. But what was initially seen as nothing more than just leveling mutual accusations has gone beyond a typical business quarrel between two large firms. This might eventually […]

There are two reasons why Venezuela’s controversial leader is not yet fighting a losing battle against the country’s opposition. First, Venezuela’s military has pledged its loyalty to the leader since the beginning of the crisis while other military branches declared to stand by the president. Secondly, the government in Caracas is in the hopes for […]

What goes on in Poland on the 14th of September.

Grupa Lotos and Rosneft Oil Company signed a contract for deliveries from 6,4 to 12,6 million tons of oil to Poland last week. The agreement is valid until the end of 2020. According to Paweł Poprawa, an energy market expert from the AGH University of Science and Technology in Krakow, this decision will not change […]