Russia's Chelyabinsk Pipe Plant (ChelPipe) has signed a contract for shipping more than 150,000 tons of large-diameter pipes to Turkmenistan's state gas monopoly Turkmengas state concern for the construction of the linear part of the TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline, Trend news agency reports.
The first delivery will take place during the second...
Тhe head of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, said Monday that participants in the OPEC/non-OPEC oil production cut deal may change their approach to output levels this year, but the cooperation can withstand such changes, VOA News reported.
"For example, OPEC+ countries took a decision to increase output in...
Russia’s biggest oil producer Rosneft and Italian oil and gas company Eni, which have been successfully working together in Egypt, are looking to develop a joint gas project in Equatorial Guinea, where reported reserves stand at more than 100 billion cubic meters, Kommersant reported.
If the companies win the auction,...
The CEO of Russia’s biggest oil producer Rosneft, Igor Sechin, met with Russian President Vladimir Putin this week, with the development of the Russian Arctic shipping route being high on the agenda, Bellona reports.
The powerful company leader assured Putin that the unprecedented boost in cargo volumes laid out in...
Russia’s crude oil production was down 0.4% month on month in March to 11.25mbpd, but production cuts missed a target set in a deal with OPEC and non-OPEC producers in December, Reuters reported.
The country’s production at the end of March was 190,000 barrels a day below October levels, Energy...
The national gas company of Bulgaria, Bulgargaz, has agreed to buy 1.5 million megawatt hours of natural gas from Greece’s Public Gas Corporation (DEPA), the first time the state provider has bought gas outside its long-term contract with Russia’s Gazprom, Reuters reports.
Bulgargaz will pump the gas into its Chiren...
Iran’s Oil Minister Bijan Zangeneh arrived in Russia on Monday for senior-level talks regarding the global oil market and energy cooperation between the two countries, IRNA news agency reported.
Zangeneh will be meeting with Russian Energy Minister Alexander Novak to discuss energy-related issues, according to Iranian media.
Russia, the leader of...
Russia’s biggest oil company, Rosneft, wants to establish a cluster in the Arctic in order to spearhead the development of the Northern Sea Route, the company’s CEO Igor Sechin said at a meeting with Russian President Vladimir Putin in the Kremlin, Lenta.ru reported.
He revealed the company is already...
An additional environmental expert review was requested by the Danish Energy Agency for the Nord Stream 2 pipeline laying routes in Danish territorial waters, adding another hurdle for the controversial project, a spokesperson of the Nord Stream 2 AG, the gas pipeline project operator, told TASS news agency on...
The speaker of Russia’s Federation Council (upper house of Parliament) Valentina Matviyenko told reporters on Wednesday that a bill on countering Russia’s energy influence passed by the House of Representatives of the U.S. Congress is “blatant protectionism,” and an attempt to limit the economic and energy sovereignty of Europe,...
