Russian President Vladimir Putin and Energy Minister Alexander Novak discussed the domestic energy sector on Thursday, the Kremlin said in a statement.
They discussed the production of oil, gas and electrical power in the country in 2018, the statement said.
According to RIA news agency, after the meeting Putin drew...
Trilateral Ukraine-EU-Russia talks on gas transit will take place in Brussels on January 21, the European Commission’s Vice President in charge of the Energy Union Maros Sefcovic tweeted on Wednesday, according to RIA news agency.
"Pleased that the second round of political trilateral talks with Russia and Ukraine on the...
A petroleum gas plant that India’s ONGC Videsh (OVL) acquired from Imperial Energy in Russia’s Tomsk region is facing delay and is likely to be on stream by May or June, a company executive told the Financial Express.
“The facility will be operational by May 2019,” OVL managing director NK...
Lithuania's main gas importer, Lietuvos Energijos Tiekimas (LET), has agreed the terms of a new one-year Russian gas import arrangement with Gazprom, the company’s CEO Mantas Mikalajunas said Tuesday, according to Russian news outlet Delfi.
Lithuania, which also has LNG import deals and access to storage, previously paid among the...
Russia’s President Vladimir Putin has declared Kaliningrad “energy independent” from neighboring countries as he commissioned a terminal feeding liquefied natural gas (LNG) directly into Russia’s Baltic enclave nestled between Poland and Lithuania, RBC reports.
Russia’s gas giant Gazprom had pledged in 2013 to complete construction of the LNG terminal...
Investment bank Goldman Sachs has downgraded its oil price forecasts for 2019, citing a surge in global production, led by U.S. shale growth, CNBC reports.
The investment bank now expects international benchmark Brent crude to average $62.50 a barrel this year, a 10.7% drop from its previous forecast of $70/...
In 2018, the volume of gas transit through the Ukrainian gas transportation system (GTS) amounted to 86.8 billion cubic meters, which is 7.2% less compared to 2017, TASS news agency reported citing a press release by Ukrtransgaz, the country’s gas transport system operator.
"In 2018, the volume of gas...
Despite cheaper gas supply flowing from Russia to Europe, America’s booming shale gas industry is targeting the European market, Hellenic Shipping News reports.
At Cheniere Energy Inc’s new Texas liquefied natural gas export terminal, two-thirds of the volume of the first two plants is contracted to Europe, with...
Kazakh national company KazTransOil has said the cost of transporting oil from Russia through Kazakhstan to China is set and fixed until 2023, Trend news agency reported.
The press service of the company said the tariff was approved by the order of the Kazakh Ministry of Energy and will be...
The three Baltic states, Estonia, Latvia, and Lithuania, are planning to complete the switch from the Russia-Belarus energy grid to the European grid by 2025, as part of the European Union’s long-term strategy of reducing reliance on Russian energy, TASS reported.
European Commission Vice President Maros Sefcovic will discuss the...
