Russian Energy Minister Alexander Novak plans to meet his Saudi counterpart Khalid al-Falih at the World Economic Forum in Davos, Switzerland next week, RIA news agency cited the Russian minister as saying on Thursday.
The WEF’s annual gathering of political and business leaders is due to take place from Jan....
Russian gas major Gazprom has announced it is beginning sales through the European Electronic Trading Platform (ETP) with a delivery point at the TTF (Title Transfer Facility) gas hub, a virtual trading point in the Netherlands, Vedomosti reports citing a company statement.
TTF became Europe’s biggest gas hub in...
Ukraine's largest private energy holding DTEK, owned by Ukrainian businessman Rinat Akhmetov, has bought shares in Kyivoblenergo and Odesaoblenergo (regional energy distribution companies) from VS Energy, owned by a group of Russian businessmen, for $250 million, Ukrainian energy expert Andriy Gerus has said, according to The Kyiv Post.
According to...
The world’s largest diamond producer by output, Russia’s Alrosa, is set to begin mining operations in Zimbabwe, more than two years after it dropped plans to expand into the southern African country, RIA news agency reports citing a company statement.
A reform of the country’s diamond industry led Alrosa to drop...
Qatar, the world’s top liquefied natural gas (LNG) supplier, should challenge Russia’s gas dominance in Europe, a U.S. administration official said on Monday, according to Reuters.
According to Deputy U.S. Energy Secretary Dan Brouillette, Washington has been talking with Doha about supplying Europe with LNG as it wants Germany and...
Ukraine’s national gas company Naftogaz has filed a new claim in the amount of $12 billion against Russian state-owned gas giant Gazprom due to potential impairment of the Ukrainian gas transport system (GTS), the company’s CEO has said, according to Intellinews.
"Naftogaz filed a new claim amounting to $12 billion...
Russia has already started to reduce oil production in line with the OPEC+ deal and is on track to get about a fifth of the way toward its pledged cut this month, RIA news agency reports.
According to Energy Minister Alexander Novak, preliminary data show Russia’s output has already fallen...
Russia’s energy industry broke another record in 2018, with 556 million tons of oil and 725 billion cubic meters of gas produced in the country last year, Russian Energy Minister Alexander Novak said at a meeting Thursday with President Vladimir Putin, according to Investing.com Russia.
The minister said gas exports,...
Disputes over energy supply to Europe cannot be solved by sanctions, so the U.S. imposing measures against Russia’s Nord Stream 2 pipeline project would be the wrong way to handle the matter, Germany’s Foreign Minister Heiko Maas has said, according to Reuters.
"Matters related to the European energy policy...
Belarus President Alexander Lukashenko on Thursday threatened to route the country’s trade in oil and oil products exclusively through the Baltic states, and said Minsk’s relations with Russia could break down over a festering subsidy row.
The country has long benefited from buying crude oil and some oil products cheaply...
