Russia's gas major Gazprom has agreed with Lithuania on the terms of gas supplies in 2019, with the final signatures yet to be put on the contract, the supply arm of the state energy group Lietuvos Energija (Lithuanian Energy) said on Monday, according to The Kyiv Post.
"The contract is currently being formalized. The...
Russian gas flows into Germany and Slovakia combined rose by 2% in the 2018 year to year after December flows came in at their second-highest level for a calendar month, data from S&P Global Platts Analytics showed.
Total supply through the Nord Stream, Yamal, and Brotherhood pipelines stood at 132.5...
Russia’s nuclear power corporation Rosatom has officially been granted the leading role in the development of the vast Russian Arctic, and is now formally Russia’s management authority for the Northern Sea Route, The Barents Observer reports.
Rosatom employs more than 250,000 people and engages in a multitude of activities related to nuclear power...
Russia set a post-Soviet record high in oil output in 2018, producing 11.16 million barrels per day (bpd) and exceeding for the first time the 11 million bpd annual average mark, data from its energy ministry showed on Wednesday, according to Reuters.
The mark surpassed the previous annual record average...
Russian gas giant Gazprom will supply Armenia with gas for $165 per 1,000 cubic meters in 2019, up from $150 this year, the company said on Monday, according to local news agency ARCA.
The deal was stuck at a meeting between Gazprom chief executive Alexei Miller and Armenian Deputy Prime...
The Nord Stream 2 pipeline will be completed despite Western countries attempts to undermine and stop it, Russia’s trade representative in France Alexander Turov has said in an interview with Izvestya.
Some French analysts have expressed reservations about the controversial natural gas project, but Turov said that the country’s business community...
Russia’s largest oil producer, state-owned Rosneft, will spend more than $2 billion to buy roughly 6 million tons of oil from domestic producers next year, Reuters reported citing an announcement on a state-owned website for purchases of companies’ needs.
According to the website, Rosneft will buy 5.14 million tons of...
Gazprom Neft, the oil arm of Russia’s gas giant Gazprom, has said it is expanding its cooperation with Spain’s Repsol in a joint venture to undertake geological exploration in the Karabashsky zone in Russia’s Yamalo-Nenets district, Finanz.ru reports.
The partners have jointly acquired a 100-percent interest in ASB Geo LLC,...
Despite the booming U.S. natural gas imports, the country hasn’t stopped accepting imports of the fuel, including a shipment of Russian gas likely headed for Massachusetts, Bloomberg reports.
With prices expected to spike as the East Coast winter sets in, pipeline constraints, depleted stockpiles and a 98-year-old law barring...
