Russian fertilizer producer Uralchem has filed a jurisdiction challenge with the Irish High Court in its dispute with four offshore shareholders of rival company Togliattiazot, Russian legal information agency RAPSI reports.
Uralchem believes that the dispute is mostly connected to Russia and is supposed to be tried by Russian courts.
In November...
Russia will produce from 510 million to 520 million tonnes of crude in 2020, Russian Energy Minister Alexander Novak told reporters after the OPEC+ Ministerial Meeting on Saturday, TASS reported.
"We had an estimate of some 510-520 million tonnes, so within this amount," Novak said adding that the indicator includes...
The administration of newly-elected Ukrainian president Volodymir Zelensky has indicated that it is ready for new gas negotiations with Russia, after securing control over the country’s parliament in elections last week, Nezavisimaya Gazeta writes.
The current agreement, which specifies the prices for transit of Russian gas over Ukrainian territory expires...
The gasification program for the regions of the Russian Federation is proceeding according to schedule and compared to 2020, the process has been seen significant acceleration, the head of Gazprom Mezhregiongaz Sergei Gustov told Russian media.
According to Gustov, the Gazprom Mezhregiongaz has no problems with financing the current...
A $359 million farm-out deal to give Russia its first foothold in a prospective oil and gas field offshore South Africa is being negotiated by the African country’s national oil company PetroSA and Russian state geological company Rosgeologia, Reuters reports.
PetroSA is under pressure to boost dwindling domestic resources that have...
Russia and Ukraine have completed gas talks in Vienna on Thursday, agreeing to intensify bilateral work on the issue in coming days, the Russian Energy Ministry said in a statement, according to TASS.
"The parties discussed Russian-Ukrainian cooperation in the gas sector, the settlement of mutual claims over the execution...
Oil and gas production in Russia decreased in January-May by 6.3% in annual terms to 212.22 million tons, according to CDU TEK. The average daily production was 10.3 million barrels, Russian media reported.
In May, Russia produced 44.21 million tons of oil with gas condensate (+ 11.2% in annual terms)....
Authorities in the Russian Arctic region of Yamal will promote the region’s eco-friendly products, including fish, deer meat and skin, Yamal’s Deputy Governor Alexander Kalinin said on Thursday, according to FedPress.
"Our potential to access international markets of products other than raw materials is not high, and we plan to...
OPEC + ministers are discussing the postponement of their first meeting after the start of the new deal to reduce oil production to an earlier date - June 4, instead of those planned earlier on June 9-10, S&P Global Platts reported, citing several sources familiar with the negotiations, RIA...
