The head of Serbia’s national gas monopoly Srbijagas said he hopes the construction of the country’s section of the TurkStream pipeline for transit of Russian natural gas to Europe will begin in March next year, Danas reports.
"Srbijagas is already in contacts with companies which build 1,000 km of pipelines annually and the...
Russian diamond mining giant Alrosa has announced that it's Supervisory Board has recommended a 28.3 billion rubles ($425.7 million) dividend payout for the first half of 2019, the company said in a statement.
Alrosa said that the dividend amounted to 100% of the free cash flow for the first half...
Russia’s Energy Ministry insists on reducing the amount of state support of renewable energy generation in the period from 2025 to 2035, Minister Nikolai Shulginov said at a meeting of the Federation Council’s economic policy committee on Tuesday, TASS reported.
"The Energy Ministry supports the renewable energy program. The only...
The head of the Batkivshchyna party and deputy of the Verkhovna Rada, Yulia Tymoshenko revealed how official Ukraine had planned to stop buying gas from Russia in November 2015, but that in fact, it has been always Russian gas.
Tymoshenko is convinced that the gas that Ukraine receives from Europe...
Russia produced less oil in October, lowering its output to 11.23 million barrels per day (bpd) last month from 11.25 million bpd in September, as it once again missed its obligations under a global pact to curb production, Reuters reports.
The Organization of the Petroleum Exporting Countries (OPEC), Russia and...
On national security grounds, the U.S. administration has declined to enforce penalties against Nord Stream 2 AG, the pipeline's operator, and its chief executive, Matthias Warnig. According to a written statement released on Wednesday by Robert Menendez, Chairman of the Senate Foreign Relations Committee (New Jersey), TASS reports.
The US...
Lithuania's main gas importer, Lietuvos Energijos Tiekimas (LET), has agreed the terms of a new one-year Russian gas import arrangement with Gazprom, the company’s CEO Mantas Mikalajunas said Tuesday, according to Russian news outlet Delfi.
Lithuania, which also has LNG import deals and access to storage, previously paid among the...
A subsidiary of Russian state-run oil company Rosneft in Germany, Rosneft Deutschland GmbH, has completed the deal to acquire a 3.57% stake in BayernoilRaffineriegesellschaftmbH from British giant BP increasing its shareholding in the refinery to 28.57% from 25%, Russia’s biggest oil firm said in a statement
According to Interfax, the...
Production of oil and gas condensate in Russia is projected at 507.4 mln tonnes in 2020, a 9.5% decrease compared with 2019, whereas gas output is expected to drop by 6.4% to 690.8 bln cubic meters, according to the country’s social and economic development for 2021 and the planned...
