Moldova is not ready for the possible end of Russian gas transit via the territory of Ukraine, because it does not have funds to create an alternative pipeline, President Igor Dodon said in an interview with NTV-Moldova on Tuesday, according to NewsMaker.
Commenting on the proposed Chisinau-Ungheni project, a...
As investors' appetite for riskier assets fell midweek, the Russian ruble dipped slightly against the dollar on Wednesday, but interest in the country's treasury bonds was expected to remain high, Interfax reported.
At 0730 GMT, the ruble was 0.33 percent weaker against the dollar at 64.61 and down 0.15...
Russian oil company Gazprom Neft and U.S. oilfield services firm Schlumberger have signed an agreement with regards to technological cooperation in well logging, World Oil reports.
Under the agreement, the companies will join the expert potential of Schlumberger and hands-on experience of Gazprom Neft subsidiary, Gazpromneft-NNGGF.
The deal will also...
The Russian Ministry of Energy expects that, one way or another, Russia and Ukraine will be able to agree on extending the contract for gas transit through Ukraine to the European Union after 2019, when the document expires, Deputy Energy Minister Anatoly Yanovsky told reporters on Monday, according to...
Data from the general administration of Chinese customs showed on Monday that Saudi Arabia was the country’s biggest crude oil supplier in February, Reuters reports. Saudi Arabia is reclaiming the crown from Russia after ranking no. 2 in January, the report said.
The Middle East kingdom is the world's top...
The largest manufacturer of steel pipes for the oil and gas industry in Russia, TMK, has agreed on selling its U.S. branch IPSCO Tubulars Inc. for $1.2 billion to Italy’s Tenaris, RBC reported citing the companies’ press service.
The sum does not include IPSCO’s funds and the debt, the size...
Russian state gas giant Gazprom is ready to continue the contract for gas transit to European countries with Ukraine, the CEO of the Russian gas holding Alexei Miller said on Friday at a meeting of the Russian Prime Minister with Ukrainian politicians, Interfax Ukraine reported.
“As far as the...
German oil and gas producer Wintershall, which is set to complete its merger with upstream company DEA AG by the end of June, plans to expand its projects in Russia, which will remain its core production region post-merger, its CEO Mario Mehren said Thursday, according to Neftegaz.ru.
In a statement,...
Russian Prime Minister Dmitry Medvedev has extended an agreement with oil companies on keeping gasoline prices in the country frozen for another three months, Izvestya reported.
The government decided to maintain the status quo in the fuel market and prolong the deal to stabilize the market, according to Deputy...
Hungary has agreed with Russian gas giant Gazprom to buy and store its 2020 gas supplies earlier than usual this year to offset the risk of Russia failing to agree to the transit terms with Ukraine, Hungary Today reported on Thursday.
Hungarian Foreign Minister Peter Szijjarto said after meeting...
