Rosneft almost completely reduced investments in euros, getting rid of 90% of liquid assets in the European currency, follows from the company's comments on the second-quarter reporting, Charter97 reported.
If at the beginning of the year the “currency pillow” of Rosneft consisted of 43% of the euro and 57% of...
Estonian energy holding Eesti Energia has agreed with Russia’s Novatek on a discount price for gas imports into the Baltic country via Lithuania's LNG terminal based in Klaipeda, ERR reports.
The contract with the new Klaipeda LNG terminal user was signed on Thursday. Eesti Energia’s first gas cargo will arrive...
The Russian Energy Ministry expects the country to produce from 550 to 670 million tons of coal by 2035, up to 52% more than the production levels in 2018, Kommersant reports.
According to ministry data cited by the newspaper, the amended program for the industry’s development provides for the bulk...
Russian energy giant Gazprom will be allowed to sell up to 25 billion cubic meters of gas per year at unregulated prices, after the Russian government approved a 40% increase in the company’s quota for natural gas sales through exchange trading, Vedomosti reports.
The government decree also canceled the parity...
The state-run oil firm of Venezuela, PDVSA, has paid off nearly $700 million of its debt to Russia’s largest oil producer Rosneft, which is now down to $1.1 billion, the Russian company said on Wednesday, according to Interfax.
According to Rosneft’s Q2 results presentation published on Thursday, as of March...
Russia's Rosatom and China's CNNC are among seven companies which filed applications for investing in Bulgaria’s twin-reactor, $11 billion Belene nuclear power plant project, the country’s energy minister has said, according to RFE/RL.
Plans to build the Belene power plant were scrapped in 2012, but Sofia was forced to reconsider...
Moldova is wary of possible gas supply disruptions if Russia’s Gazprom doesn’t reach an agreement with Ukraine until December 31 and is looking for a solution, Kommersant wrote on Tuesday.
One answer for Chisinau may be pumping gas through Gazprom new TurkStream pipeline, but then it would be necessary to...
Bulgaria’s prime minister Boyko Borissov has said that the Trans-Caspian gas route was not an option due to environmental issues, aligning with Russia and Iran in opposition to the EU-proposed pipeline, DW in Bulgarian reported.
Plans for construction of a pipeline across the Caspian Sea have been on the drawing...
Four months after oil contamination on Russia’s Druzhba pipeline caused a serious disruption of flows to Europe, the country is continuing to address the consequences of the long-reaching crisis, Reuters wrote last week.
The CEO of Russia’s oil pipeline operator Transneft said on Monday at a meeting with Prime Minister Dmitry Medvedev...
