The vice president of the European Commission for energy matters Maros Sefcovic told a European Parliament session on Thursday that trilateral talks between Russia, Ukraine and the European Commission over a new gas transit deal will resume in September, Kommersant writes.
"I just would like to inform you that the next trilateral talks...
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’s state-owned gas major Gazprom has signed a five-year contract to import gas from Turkmenistan, Reuters reports.
In Wednesday, the company said the contract envisages importing 5.5 billion cubic meters of gas from the energy-rich Central Asian country a year.
Gazprom resumed buying Turkmen gas in April more than three years...
Concerns that the global economy could be slowing slipped on Tuesday, outweighing an agreement by producer club OPEC on Monday to extend supply cuts until next March, Reuters reported.
At 0845 GMT, Brent crude futures were down 18 cents, or 0.28%, at $64.88 a barrel.
U.S. crude futures for August...
Russian Energy Minister Alexander Novak said on Monday that the country’s oil production in June was 50,000 barrels per day (bpd) below the level Moscow had pledged under the OPEC+ output cut agreement, Interfax reported.
Between January and June, as part of the production cuts, Russia is taking...
Gazprom shareholders are set to benefit the most so far from owning shares of the Russian state-controlled giant, as it announced a record dividends payout, EADaily reports.
Gazprom’s shareholders will be paid 383.2 billion rubles ($6 billion), or 27 percent of 2018 net profits in dividends, the company said after...
A Japanese consortium made up of Mitsui & Co (Mitsui) and the Japan Oil, Gas and Metals National Corporation (JOGMEC) have signed a deal with Novatek to buy a 10-percent stake in the Arctic LNG 2 project, Reuters reported.
The sales and purchase agreement was signed on Saturday in the...
The number of suspects Russia is investigating over a major oil contamination in the Druzhba pipeline earlier this year has risen from 10 to 13, RIA news agency reported on Friday, citing a lawyer for one of the suspects.
The Samara District Court on Friday extended the detention of Vladimir Zhogolev, General...
Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production, Russian President Vladimir Putin said, Arab News reported.
Putin, speaking after talks with Saudi Crown Prince Mohammed bin Salman, told a news conference the deal would be extended in...
Mitsui & Co. officially announced over the weekend that along it will invest in a planned Russian-led liquefied natural gas project in the Arctic Ocean off the coast of Russia, together with government-linked Japan Oil, Gas and Metals National Corp. (JOGMEC).
The government of Japan has expressed its expectation that...
