Gazprom is considering using technology by industrial gases group Linde or Royal Dutch Shell at its Baltic LNG project, Gazprom board member Vitaly Markelov said on Tuesday, according to Finmarket.
The Russian gas giant is forced to use the services of western companies, since Russia does not have its own...
Belarusian oil refinery Naftan has started charging penalties from Russian suppliers due to the short supply of marketable oil in April, Sergei Altukhov, deputy CEO of the Belarusian refinery, told reporters on Tuesday, according to BelTA news agency reports.
"The company’s legal department began work on charging penalties in respect...
Two U.S. Senators, Republican Ted Cruz and Democrat Jeanne Shaheen, have announced plans to introduce a bipartisan bill to sanction companies associated with Russia’s Nord Stream 2 pipeline, Reuters reported citing unnamed sources.
The controversial gas pipeline project would deliver gas from Russia to Germany through the Baltic Sea, bypassing...
For the first time since the beginning of the year, Russia has fully met its obligations under the OPEC+ deal to cut oil output, Kommersant reports. This was facilitated by a sharp decline in production of Surgutneftegaz in early May, which is associated with a recent polluted oil scandal,...
Russia’s top oil producer, Rosneft, said on Monday its net income and oil production rose in the first quarter as it increased output and capitalized on favorable foreign currency rates, Reuters reports.
The shares of the Kremlin-controlled company were up 1.9% to 421.9 roubles apiece after the results, outperforming the...
The Arctic region has large potential for generating power from wind turbines, energy expert and CEO of Altren (Alternative and Renewable Energy Competence Center) Andrei Redkin told TASS news agency.
The expert will moderate a panel on renewable energy for isolated Arctic territories at the ARWE-2019 international forum on renewable...
Rosneft-led Indian oil company Nayara Energy is expanding its fuel retail network, nearly two years after the company acquired Essar Oil’s assets including its fuel retail outlets, Petrol Plaza reports.
In August 2017, the Russian energy powerhouse bought Essar Oil for $12.9 billion and later renamed the company Nayara Energy....
Belarusian Economy Minister Dmitry Krutoi said on Sunday that his country is continuing “intense dialogue” with Russia on compensation following Russia’s tax maneuver in the oil sector, TASS news agency reported.
"While making a forecast for 2019, we did not take into account possible compensation over the...
A contamination scandal at a Russian pipeline carrying oil to Europe has cost the country billions of dollars, as depleted oil flows contribute to a rise in global oil prices and leave refiners in Europe scrambling to find supplies, Forbes reports.
For almost three weeks, nearly 5 million...
Energy giants Rosneft and Lukoil have begun the procedure for obtaining permits from the Russian Economy Ministry for exports to Ukraine in line with a Russian government resolution from last month, Interfax Ukraine reported.
The two companies are the largest suppliers of diesel fuel and liquefied gas to Ukraine. Rosneft...
