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Statoil plans to drill four oil wells in Russia

2015-03-20 01:00:00| Hydrocarbons Technology

Norwegian oil and gas firm Statoil intends to drill four oil wells in Russia in co-ordination with state oil company OAO Rosneft.

Tags: plans oil russia wells

 

GM all but abandons Russia; Ford boosts its bet on the market

2015-03-19 03:11:44| Auto Dealers - Topix.net

A few years ago, it would have been unthinkable that General Motors would all but pull out of a major auto market, especially if rival Ford vowed to stay in. That's exactly what is happening in Russia, where GM said Wednesday that it would idle a plant in St. Petersburg and halt sales of its Opel brand and most Chevrolet models.

Tags: the on market russia

 
 

General Motors beats retreat out of Russia after plummeting sales

2015-03-18 19:47:50| Automakers - Topix.net

General Motors will slash production in Russia and pull its mass-market Opel brand completely in the face of plummeting sales in the economically troubled country. Mainstream GM brands have been among the biggest losers as Russia's auto market shrinks, with sales of Chevrolet down 74 percent year-on-year in February and those of Opel plunging 86 percent.

Tags: general sales russia motors

 

GM scaling back in Russia; Opel out by December, Chevy to minimize presence

2015-03-18 18:55:38| Green Car Congress

Tags: to back december presence

 

General Motors pulls Opel in Russia

2015-03-18 17:33:45| BBC News | Business | UK Edition

US car giant General Motors is to pull its Opel brand out of Russia after plummeting sales, and significantly cut back Chevrolet production in the economically troubled country.

Tags: general russia motors opel

 

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