Kazakhstan is going to sign an agreement with Belarus on supplies of oil and oil products by 2019 year-end, Kazakhstan's deputy minister of Energy Aset Magauov told reporters on Friday, according to Belnovosti.
"It can be said we will sign by the year-end. We should hold a video conference with...
A mine and production facility in a major copper-gold deposit, Peschanka, in Russia’s Chukotka, is scheduled to begin work 2022, the region’s Governor Roman Kopin told a news conference on Tuesday.
"We shall see first investment in 2018, and the project to produce metal is due from 2022," he...
Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin, RT reported.
The comments could be merely jawboning to a market that is desperately seeking reassurances that oil production will...
Russia could unwind the oil price-protection deal with OPEC and other producers and raise its output back to pre-cut levels within months if a decision is made, Reuters reported citing a Russian energy ministry official.
“Speaking about potential in the short run, growth potential (in Russia) is at least 300,000 bpd, which were cut...
OPEC and its Russia-led non-OPEC partners will act to ensure enough supply in the market should disruptions in Venezuela and Libya lead to a deficit, Russia’s Energy Minister Alexander Novak said on Friday.
Last month, Russia and OPEC’s largest producer and de facto leader Saudi Arabia managed to get OPEC...
Nord Stream 2 AG, operator of the Nord Stream 2 project, does not rule out filing an appeal against the decision of the Federal Network Agency of Germany, which refused to remove the gas pipeline from the scope of restrictions established by the EU Gas Directive, a spokesperson with...
The Russian government decided to approve Rosneft's proposal and allow joint gas supplies to the EU with Gazprom, Russian media reported.
Under the proposal, Rosneft would be ready to export 10 billion cubic meters of gas per year to the European union, per a joint agreement with Gazprom that would start from...
The European Union should protect its companies from the United States' ongoing attempts to dictate energy policy and the accompanying threats of sanctions over the Nord Stream 2 gas pipeline, the CEO of the Austrian oil and gas company OMV, Rainer Seele, has said, according to EADaily.
The pipeline, which will...
Russia on Thursday moved one step closer toward its goal of commanding 20% of the global LNG market by 2035, as gas major Novatek gave the go-ahead for its Arctic LNG 2 project, Vesti.ru reports.
The privately owned company, alongside Russia Energy Minister Alexander Novak, announced Thursday that it made a final...
After sharp drops in U.S. imports of crude oil eroded the biggest market that producers like OPEC had relied on, now surging U.S. exports – largely banned by Washington until just two years ago — challenge the last region OPEC dominates: Asia, Reuters reports.
U.S. oil shipments to China have surged,...
