Tuesday, March 19, 2024
The delegations of Gazprom and Naftogaz of Ukraine have completed negotiations on cooperation in the gas sector in Vienna, TASS reported on Friday. The meeting lasted more than four hours and was attended by head of Gazprom Alexei Miller and executive director of Naftogaz of Ukraine Yury Vitrenko. The main issue...
A sharp increase in the number of Covid-19 cases among workers at Kazakhstan's Tengiz oil field has prompted a warning from health officials that production may be affected if the outbreak is not contained, Argus Media reported. "The government commission adopted a schedule of work at the Tengiz field aimed...
The United Kingdom bought almost all of the gold Russia sold abroad last year, with overall sales jumping eight-fold to $5.7 billion, RBC reported. According to customs data seen by the business news outlet, gold exports to Britain have grown more than 12 times in terms of value, to $5.33...
A U.S. decision to end waivers on Iranian oil supply, along with Russia’s lukewarm reception of the idea of extending a global pact with OPEC on oil supply, are making the future of the agreement unclear, Vesti Finance writes. The current deal from December between OPEC member states and key...
Russia reached the 95% compliance with the deal led by the OPEC+ countries, which curbs oil production, Russian Energy Minister Alexander Novak said on Saturday, according to RIA news agency. "In May, Russia reached the 95% level of oil production cuts," he noted. "Russia is fully committed to maintaining a balance...
Russian Energy Minister Alexander Novak and U.S. Energy Secretary Rick Perry will meet in Moscow on September 13 to discuss the introduction of new U.S. sanctions against Iran, the construction of the Nord Stream 2 pipeline and development of oil and gas markets, the Russian minister said on Monday. "The...
Russia’s Gazprom saw its international gas sales in the second quarter slide by 17% year on year to 44.9 Bcm, according to an analysis of data published late Aug. 13 in the company’s Q2 report, Hellenic Shipping News reported. The drop was of the same magnitude as in Q1 when...
Argentina and Russia signed a memorandum of understanding to boost uranium exploration and production in the South American country that could include $250 million in investment, Argentina's foreign ministry said on Tuesday. According to Tass news agency, the agreement was sealed during a visit by Argentine President Mauricio Macri to Moscow....
Global oil prices rose to a six-month high after Russia halted oil flows along the Druzhba pipeline to Eastern Europe and Germany last week because of contaminated crude, leaving refiners in Europe scrambling to find supplies, Reuters reports. At least 5 million tons of oil, or about 36.7 million...
As oil refineries across the world are bracing themselves for the once-in-a-generation shift to cleaner marine fuels from 2020, Russia is set to suffer the biggest revenue losses from the rules, because the world’s top exporter of the sulfurous residual oil that powers ships doesn’t look prepared for the...