Ukraine is stockpiling natural gas in its underground storage facilities as the country prepares for the worst case scenario this winter - no transit of Russian fuel over its territory, a Kiev official has said, according to Liga.net.
"If you are ready for the worst-case scenario, it most likely won’t happen....
Russia’s state-run gas major Gazprom will have its subsidiaries Gazprom Gerosgaz Holdings BV (Netherlands) and Rosingaz Limited (Cyprus) place 693 million shares of the company or 2.93% of the share capital on the Moscow Exchange, the company said last week, according to Prime news agency.
At the current price, the...
Russia’s oil production in 2019 will be in line with the country’s commitments under a global deal with OPEC and non-OPEC oil producers to cut output, Energy Minister Alexander Novak said in a preliminary estimate, according to Reuters.
Oil production in Russia is expected to total 556-557 million tons this...
Russian oil companies can roll out exploration in the offshore Mediterranean in cooperation with Turkey, Russian Energy Minister Alexander Novak said on Friday in an interview with Anadolu news agency.
"Russian companies have successfully implemented energy projects in the Mediterranean Sea. For example, Rosneft is working at Zohr in Egypt....
All parts of Russia’s frozen Northern Sea Route Year-round navigation, including its eastern section, will be available to the country by 2030, the Russian State Atomic Energy Corporation Rosatom has said, according to Kommersant.
By that time, at least 20 million tons of LNG will be transported to Asia via...
Ukrainian authorities have released the crew of a Russian tanker they seized on Thursday, but kept the ship they claim was involved in the Kerch Strait incident between the two countries at sea last year, the BBC in Russian reports.
The incident also marked the opening of a new front...
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...
Russian oil company Lukoil plans to acquire a 5 percent stake in the Ghasha offshore gas project in the United Arab Emirates, CEO Vagit Alekperov has said, according to Trend news agency.
The project is currently held by the Abu Dhabi National Oil Company (ADNOC).
“I hope we will sign ...
European Commission Vice-President for Energy Union Maros Sefcovic has come up with a date for the next trilateral meeting on gas transit that would involve Russia and Ukraine, Vedomosti writes.
The talks could take place in Brussels on September 16, Sefcovic said in a message to Russian Energy Minister Alexander...
Azerbaijan’s state-owned oil company Socar looks to Russia to supply its new $6.3 billion refinery in Turkey, which is importing oil from Iran, Bloomberg reported adding that the move will bring profit for Russia from U.S. sanctions on Tehran.
Earlier this year, the Trump administration ended its waivers that had allowed some countries,...
