Russian President Vladimir Putin said on Tuesday at the meeting with Transneft CEO Nikolai Tokarev that the Russian oil pipeline operator should revise the system of oil quality control for main oil pipelines, Izvestia reports.
"Self-control is not sufficient," the head of state said.
"It means that this system should...
A recent decision by Russia’s second-biggest producer Novatek to sell 20 percent of its Yamal Peninsula project to Chinese state oil companies will establish Arctic gas as an alternate source for China’s growing energy needs, the South China Morning Post reports.
The deals with CNOOC and China National Petroleum Corp...
Gazprom is laying the groundwork for legal action against Denmark after the country repeatedly delayed issuing a permit for the Russian energy giant’s Nord Stream 2 gas pipeline, Kommersant reported citing the company’s management.
Dmitry Handog, deputy head of Gazprom’s Department of Foreign Economic Activity, said that the company...
Belarusian state oil company Belneftekhim said Tuesday a full clean-up of the 1 million b/d Druzhba pipeline is likely to require "several months of hard work," Vedomosti reported. The company expects clean crude from Russia to reach its Mozyr refinery on May 4 at earliest.
Last week, European refineries...
Russian retailer Magnit has dropped plans to bid for smaller rival Lenta, paving the way for Severgroup, a company owned by Russian steel magnate Alexey Mordashov, to take over Lenta at about $1.75 billion, Kommersant reports.
Magnit this month will buy Lenta, Russia’s third-largest grocery retailer, seeking to thwart Mordashov’s...
Russia’s diamond miner Alrosa has extracted one of the largest gem-quality diamonds found at the ‘International’ pipe over the past two years, Mining.com reported.
The extracted rough diamond, weighing almost 118.91 carats, has a light yellow overblown and salient edges, one of them with cleavage, and small inclusions in...
The next round of negotiations between Ukraine, Russia, and the European Commission on the transit of Russian gas through Ukraine after 2019 could be held in the coming weeks, Vice President of the European Commission, Maros Sefcovic has said, according to Ukranews.
"I'm set to host the next round of...
Russian gas major Gazprom has discussed deliveries to China with the country’s CNPC (China National Petroleum Corporation), the Russian company said in a statement on Thursday, according to Reuters.
Also on Thursday, the state-run gas giant said it would start filling the Power of Siberia pipeline, which supplies gas to...
Russian state-run oil company Rosneft is interested in organizing supplies of jet fuel from the Indian oil refinery in the city of Vadinar to the airports in the country, the head of Rosneft-Aero, Kirill Molodenkov has said, according to Komsomolskaya Pravda.
Rosneft Aero is a subsidiary of Rosneft, which sells...
In a move that could affect fuel prices in several countries, Belarus has suspended the export of light oil products to Ukraine, Poland, and other European countries, Reuters reported citing BelTa news agency.
Minsk halted the exports due to the low quality of the oil supplied by Russia, Sergei Grib,...
