Russian gas giant Gazprom said on Wednesday it has discussed possible cooperation opportunities with Italian gas grid company Snam, Europe’s biggest gas pipeline operator, RNS reported.
Gazprom said the companies discussed cooperation “taking into account Gazprom’s implementation of the TurkStream project”.
The Russian company also said Snam’s Chief Executive Marco Alvera...
The European Commission has plans to approve the commitments of Russia’s energy giant, Gazprom, in a long-running antitrust case and close it without a fine, Kommersant reported citing sources.
According to the report, the move may happen as early as this month. However, Kommersant’s sources were more cautious in their estimates,...
Russian energy companies could spend as much as $50 billion on oil and gas exploration in Iran, a presidential aide told the Tehran Times.
Yuri Ushakov said companies including Rosneft, Gazprom, Gazpromneft, Lukoil, Zarubezhneft, and Tatneft were “systemically working on development of fields in Iran.”
The official’s comments come after Zarubezhneft...
The Russian ruble edged lower on Tuesday, reflecting a sharp fall in oil prices the day before, Reuters reported.
At 0809 GMT, the rouble was 0.14 percent weaker against the dollar at 57.58 and had lost 0.3 percent to trade at 70.95 versus the euro. Oil fell by 2.4 percent on Monday,...
The building of Turkey's first nuclear power plant, Akkuyu, will begin on Tuesday, Anadolu agency reported.
The power plant, located in the southern province of Mersin on the Mediterranean coast, will be built by Russian State Nuclear Energy Agency Rosatom and will compose of four units each with a capacity...
German authorities on Wednesday issued a final approval for a new gas pipeline from Russia, risking higher tensions with eastern neighbors fearful of European energy dependence on Moscow, Deutsche Welle reported.
The Federal Agency for Maritime Navigation and Hydrography (BSH) issued the approval after investigating the environmental and commercial impact...
Saudi Arabia and Russia are working on a long-term deal to extend their alliance on oil curbs that began in January 2017, after a crash in crude prices, Al Jazeera reports.
Saudi Arabia has led the Organization of the Petroleum Exporting Countries (OPEC) and allies outside the cartel to join...
Russian state-owned gas monopoly, Gazprom, notified Ukraine’s Naftogaz that it refuses to comply with the awards of the Stockholm Arbitration obliging them to resume this year gas supplies to Ukraine and pay the Ukrainian side a total of $2.6 billion, the Kyiv Post reported.
Referring to the outcome of the latest...
The issue of approval of Russia’s Nord Stream 2 pipeline is still sitting stalled in the European Council – the body representing the 28 national governments of the EU, with little chance of approval coming anytime soon, Forbes reports.
The pipeline is meant to bring Russian natural gas directly to Germany...
Russian companies should take part in tenders for the further development of gas fields in the Qatar, the Arab country’s ambassador to Russia Fahad bin Mohammed Al-Attiyah said on Sunday, according to RIA news agency.
"The fields have been developed, but there is an addition or expansion , which has...
