The demand for Russian gas to be pumped into European underground storage facilities will be significantly lower than in previous years, state-run gas giant Gazprom has said, attributing the trend to warm weather.
European consumers traditionally begin filling their storages with gas in early spring. The monopoly started such supplies...
A Russian tanker arrived in East China’s Jiangsu Province after 23 days at sea, delivering the first direct shipment of natural gas from Russia’s Yamal LNG in the Arctic, CGTN reports.
China is on track to become the world’s biggest importer of natural gas, in an effort to diversify its...
A financial analyst has been fired in Russia a day after publishing a report saying that Russian gas pipeline contracts are designed to benefit oligarchs allied with President Vladimir Putin, bne IntelliNews reported.
Sberbank CIB analysts Anna Kotelnikova and Alexander Fak’s report said that the decisions of state-run energy firm Gazprom...
Russian President Vladimir Putin said on Tuesday at the meeting with Transneft CEO Nikolai Tokarev that the Russian oil pipeline operator should revise the system of oil quality control for main oil pipelines, Izvestia reports.
"Self-control is not sufficient," the head of state said.
"It means that this system should...
As Europe grapples with extreme cold, Gazprom, the continent’s biggest natural gas supplier, is using the situation to highlight its importance.
In an emailed reply to questions by Bloomberg, Alexey Miller, the chief executive officer of the Moscow-based energy giant boasted his company’s capabilities.
“The deep freeze has shown once again...
There are not the same strong differences between Russia and the OPEC oil group as had been the case in early 2020, a Kremlin spokesman said on Monday, as leading oil producers debate the future of their deal on output cuts, Reuters reported.
The oil talks initially collapsed in March...
Azerbaijan’s state-owned oil company Socar looks to Russia to supply its new $6.3 billion refinery in Turkey, which is importing oil from Iran, Bloomberg reported adding that the move will bring profit for Russia from U.S. sanctions on Tehran.
Earlier this year, the Trump administration ended its waivers that had allowed some countries,...
Poland’s arrest of a suspected Russian spy could derail Russia’s gas exports, Nezavisimaya Gazeta writes. The suspected spy, a Polish government official, had allegedly provided Moscow with secret data on how Warsaw planned to counter the Nord Stream 2 gas pipeline.
The man had been detained on Friday, and a court...
A major Iranian oil project will most likely go to a Russian or Chinese partner, as most U.S. and European oil majors are side-lined due to Washington’s sanctions against Tehran, OilPrice.com reports.
Last week’s announcement from the director of integrated planning at the National Iranian Oil Company (NIOC) Karim Zobeidi...
Russian oil major Lukoil is showing interest in buying a stake in two oil production projects in Nigeria from Brazil’s Petrobras, the Nigerian Ministry of Petroleum Resources said on Wednesday.
Nigerian Petroleum Minister Timipre Sylva received a delegation representing Lukoil on Tuesday, the ministry informed, according to Sputnik.
"The Lukoil delegation...
