Monday, June 15, 2026
The First Deputy Head of the Russian Government Office Sergei Prikhodko told reporters on Monday that Russia expects China to enter Novatek’s Arctic LNG-2 project, TASS news agency reports. Prikhodko was commenting on Prime Minister Dmitry Medvedev’s visit to China, scheduled for this week. "We believe that our Chinese partners may show...
Saudi oil major Aramco and the kingdom’s petrochemicals giant Saudi Basic Industries Corporation (SABIC) are ready to invest into building a processing plant in Russia, Saudi Energy Minister Khalid al-Falih has said, according to the Rossiya 24 TV channel. The minister said that the Saudi partners are hoping to cooperate...
Gazprom’s gas deliveries to Austria will be increased by 1 billion m3/y beyond the contractual amount for the entire contract period, the two companies said after a meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV. “Over the past...
Vladimir Kiriukhin, one of the senior managers of En+ Group, has been appointed as the U.S.-sanctioned energy concern’s new chief executive, Reuters reported citing an En+ statement. The London-listed En+ Group manages the energy and aluminum businesses of Oleg Deripaska. The company is discussing potential exclusion from the U.S....
Russia’s Rosneft will be looking for a partner to carry out the Far East Petrochemical Company (FEPCO) project in the next few years, and according to Vedomosti, U.S. oil giant ExxonMobil will be offered a partnership for the $20 billion megaproject. Russia began negotiations with the company about participating in...
Russia's energy giant Gazprom said Thursday that it had increased gas exports to Germany by 11.2 percent in January-October of 2018, to a total of 47.6 billion cubic meters, according to TASS news agency. "In the first ten months of 2018, the volume of Gazprom's deliveries to Germany reached 47.6 billion cubic...
Russian oil production in October was at a 30-year high and moved closer to an all-time record ahead of a Russia-OPEC meeting on future supply, Reuters reported citing data from the country’s Energy Ministry. The country’s crude and condensate output averaged 11.4 million barrels a day last month, according to data...
The government of Mozambique said on Monday it had signed oil exploration agreements with U.S. energy firm U.S. and Russian oil giants, Exxon Mobil and Russia’s Rosneft, Nezavisimaya Gazeta wrote. The southern African nation’s National Petroleum Institute, an energy regulator, said the government was preparing to sign similar agreements with South Africa’s...
The Russian government and the country’s oil companies will sign an agreement on stabilizing the fuel market until the end of the week, Deputy Prime Minister Dmitry Kozak said on Wednesday following his meeting with representatives of Russia’s oil industry. According to Vedomosti, Kozak said a solution has been found,...
One of the companies financing the controversial Russian Nord Stream 2 pipeline, Austria’s energy group OMV, is optimistic Denmark will approve the project next year and the new gas transport route will start operations in late 2019, RIA news agency reports. OMV’s chief executive Rainer Seele said in a telephone call...