Ukraine’s state gas company Naftogaz has collected $18 million with Russia’s Gazprom within two months,Yuriy Vitrenko, the company’s commercial director, wrote on his Facebook page.
“By the way, in addition to $2.1 billion which we have already collected with Gazprom according to the decision of the arbitration in the form...
Russia hit a post-Soviet record in its oil production last month, but the country doesn’t plan to raise output further, Oil Price reports citing state-run news agency TASS.
According to Russia’s Energy Minister Alexander Novak, raising output to 12 million bpd is not planned by the end of 2018, or...
Schlumberger, the world's largest oilfield services company, published its Q3 2018 results, posting earnings that beat market expectations, although revenues fell short of street expectations, Seeking Alpha reports.
The company faced headwinds in the U.S. land market, due to weaker activity in the Permian basin and softness in the hydraulic...
A second round of mandatory U.S. sanctions on Russia planned for next month could block U.S. imports of Russian oil and ban international bank loans to Moscow, S&P Global Platts reports.
The United States imported 347,000 b/d of refined products and 107,000 b/d of crude from Russia in July, according...
German Chancellor Angela Merkel is making a move to open up Germany's market to U.S. gas companies, following U.S. President Donald Trump’s efforts to loosen Russia’s hold on Europe’s energy markets, The Wall Street Journal reported.
Merkel told a group of lawmakers over breakfast in October that her government will...
The CEO of Russian energy giant Gazprom, Alexei Miller, has said that Serbia could connect to the company’s TurkStream gas pipeline, which goes from Turkey through the Black Sea, Oil Voice reports.
"Yes, such a possibility exists. As you know, the Turkish Stream envisages the construction of two branches of...
A recent pledge by the deputy head of Russia’s oil giant Gazprom to deliver natural gas to China is not achievable, according to Polygraph.info, a fact-checking website.
Miller, the Chairman of Gazprom’s Management Committee, said earlier this month that the company is discussing with China an increase in ...
Russian authorities have announced this month that domestic oil production hit 11.36 million barrels per day (bpd), on average in September, marking a new historic peak reached despite the often-cited poor shape of the Russian economy and negative impact of Western sanctions. But the news also raised eyebrows in...
Russia's finance ministry may use the National Wealth Fund (NWF) to lend money for the construction of a nuclear power plant in Egypt starting from 2020 or 2021, First Deputy Prime Minister Anton Siluanov told reporters on Thursday, according to Gulf Today.
Siluanov, who is also finance minister, said Russia...
Russia’s third-largest oil producer, Gazprom Neft, said on Tuesday at a briefing in London that the country has told its oil companies they can restore crude oil production to 2016 levels, Euronews reports.
“We haven’t been restrained by the government from increasing above 2016 levels,” said deputy chief CEO Vadim...
