Russian energy minister Alexander Novak has said there is currently no need to take any extra measures or call for an extra meeting by the OPEC/non-OPEC group over the crisis in Venezuela, RIA news agency reports.
"We haven't discussed the situation with minister Falih, or other ministers," Novak...
Poland’s gas transport operator Gaz-System and Denmark’s Energinet will have to make an additional agreement with Russia’s Gazprom on their joint project, Baltic Pipe gas conduit to reduce Poland’s dependence on Russian gas, Rossiyskaya Gazeta writes.
The project is aimed at reducing the two countries’ reliance on Russian energy. But...
Russia on Tuesday described the latest sanctions against the government of President Nicolas Maduro as illegitimate, even as the Russian Finance Ministry acknowledged that its loans to Caracas were at risk because of the crisis, S&P Global Platts reported.
Kremlin spokesman Dmitry Peskov said the new U.S. measures blocking all...
The Chairman of the Management Committee of Russia’s gas giant Gazprom, Alexey Miller, met with Rainer Seele, Chairman of the Executive Board of Austrian energy company OMV in St. Petersburg on Monday, RIA news agency reported.
The two officials noted that 2018 had been marked by the signing of documents...
Saudi Arabia's energy minister said on Monday he is hoping Russia will pick up on oil output cuts recently agreed with OPEC despite a slow start, CNBC reports.
"We're committed both to the agreement in December. ... All indications so far so good, the Russians have promised me that they...
A Russian-owned firm based in the Czech Republic, Skoda JS, could start building two new reactors at the Khmelnitskiy nuclear power plant in Ukraine, some 300 kilometers west of Kyiv, Radio Liberty reports.
If completed, the reactors would double the plant’s electricity output. But investigative reporters are raising questions and...
The CEO of Russia’s biggest independent gas producer Novatek, Leonid Mikhelson, says the U.S. is Russia's main competitor in the global market for liquefied natural gas (LNG), TASS news agency reports. Michelson was speaking at a meeting on the production of equipment for LNG plants held in the Russian...
In the same week that the United States overtook Russia as the world’s largest producer of crude oil and gas, import data from China showed Russia was the biggest crude supplier to China for the whole of 2018, Reuters reported.
The data, released Friday, shows the world’s second-largest economy...
Russia's largest independent gas producer, Novatek, will increase gas output in 2019 by 10 percent and liquid hydrocarbons production by 2 percent, S&P Global Platts cited the company's CEO as saying on Thursday.
"We're increasing gas production by up to 10% taking into account Yamal LNG, with liquids output, including...
The White House is considering a new round of executive actions to boost the U.S. energy industry in an attempt to portray strength against Russia, Politico reports citing a senior Trump administration official and others familiar with the effort.
It would be President Trump’s third effort to help pipeline companies,...
