European Union ambassadors have agreed to toughen regulations on the controversial Nord Stream 2 gas pipeline from Russia to Germany, but they have decided not to back plans that might threaten its completion, Deutsche Welle reports.
If approved by the European Parliament, the agreement could complicate things for Russian energy...
China wants to import more Russian natural gas via the Power of Siberia pipeline, senior Gazprom executive Elena Burmistrova said on Tuesday, according to Reuters.
"Our Chinese partners are very much interested in additional imports," she told reporters at a press conference regarding the gas giant’s plans to enter Asia...
Russian energy giant Gazprom could return to the Eurobond market in February after risks related to its dispute with Ukraine are removed, Interfax news agency reported on Thursday, citing a source familiar with the matter.
Gazprom said late last year it had paid Ukraine $2.9 billion to settle a legal row, part of a...
Global demand for petrochemical products is expected to grow by about 4% annually, while the demand for oil will grow only by 1%, Russian President Vladimir Putin This announced on Tuesday, TASS reported. He was speaking at a meeting for the strategic development of the petrochemical industry.
"By the way,...
Russia rejects U.S. attempts to oppose the Nord Stream 2 gas pipeline project by forging a coalition of project opponents, spokeswoman of the Foreign Ministry, Maria Zakharova said on Wednesday, TASS reported.
"We condemn calls for forging a certain coalition against the pipeline, wherein German and other companies have already...
The United States has imposed financial penalties on Rosneft Trading, an oil brokerage firm owned by Russian energy giant Rosneft, for operating in Venezuela's energy sector in violation of U.S. sanctions on the South American country, The New York times reports.
In a statement on February 18, Secretary of State Mike Pompeo...
Gasoline prices in Russia are the lowest in Europe, according to a report by state news agency RIA News published on Monday.
RIA Rating collected and ranked the price of gasoline and diesel in 33 European countries, as well as in the central Asian country and former Soviet republic of...
The Kremlin does not currently see any risks that Germany can block the construction of the Nord Stream 2 gas pipeline, Kremlin spokesman Dmitry Peskov told reporters on Monday, TASS reported.
"No," he said when asked whether the Kremlin sees the risks of blocking this project. When asked to comment...
Russia’s top gas producer Gazprom plans to sell around 6 mln tonnes of liquified natural gas in 2020 and boost volumes starting 2021 due to commissioning of new projects, Deputy Chairman of Gazprom Management Committee, Chief Executive Officer of Gazprom Export Elena Burmistrova said in an interview with a...
The CEO of Russian oil major Lukoil, Vagit Alekperov, has asked Russian President Vladimir Putin to provide the company with three additional unexplored subsoil areas in the Caspian Sea shelf zone, Kommersant reports.
In his letter to the Russian leader, Alekperov stressed that Lukoil’s subsidiary (Lukoil-Nizhnevolzhskneft) had a shortage of new...
