Monday, June 15, 2026
Russian gas giant Gazprom’s output in the last nine and a half months is up by 6.8 percent year on year and the Russian gas producer expects production close to 500 billion cubic metres (bcm) this year, Reuters quoted its chief executive as saying. The TASS news agency, also citing...
Poland’s state-controlled oil and gas company, PGNiG, is fighting the European Commission’s decision to end the antitrust case against Russia’s gas giant Gazprom without a fine. Poland, one of several gas transit states along Gazprom’s traditional export route to Europe, is forging ahead with a string of legal proceedings with...
Traditional testing technologies in drilling rigs for oil production could soon become a thing of the past, if a promising new method developed by Russian scientists is adopted, Realnoe Vremya reports. The technology is likely to get a direct practical application in industry, as it may help the Russian energy industry increase...
India is calling on Russian energy company Rosneft to increase its presence in the Indian fuel retailing sector, the country’s Petroleum and Natural Gas Minister Dharmendra Pradhan said on Tuesday, according to Urdu Point News. "Met Global Head of Downstream & Member of Management Board @RosneftEN, Mr. Didier Casimiro on the sidelines...
Russia’s biggest independent gas company, Novatek, said last week that its subsidiary Arctic LNG 3 has confirmed a new natural gas and condensate field in the North-Obskiy license area in shallow-water Ob Bay offshore northern Russia, Vedomosti reported. News of the North-Obskoye Field discovery was announced after testing of the...
Russia's oil export duty CL-EXPDTY-RU is expected to rise to $152 per tonne in November from $137.5 a tonne in October, data from the finance ministry showed on Monday, according to Reuters. The level of the duty is calculated by the finance ministry and is based on the monitoring...
Russia’s largest European coal export terminal at Ust-Luga, near St Petersburg, shipped 15% less coal in the first three quarters of the year amid infrastructure upgrades, operator Rosterminalugol said on Thursday, according to PortNews. Ust-Luga loaded 15.4 million tons for export, down from 18.2 million tons in January-September last year, company data...
Russia’s gas major Gazprom has contracted the Zvezda Shipbuilding Complex in Russia’s Primorye territory to construct four offshore vessels, the company said in a statement on its website. Three of the vessels will be supply ships used for towing operations, anchor handling and cargo delivery to production and drilling platforms,...
VTB Group is likely to bid alone for the debt-ridden Essar Steel after Russia’s second-largest bank earlier had plans for taking over the debt-ridden Indian steel maker via its subsidiary Numetal Mauritius, The Times of India reports. VTB Bank is the lead shareholder in Numetal. According to an India Supreme...
A technology roadmap to launch the production of pipes with built-in recording, processing, and switching devices was signed by the heads of gas giant Gazprom and pipe maker TMK last week, according to Sever Press. Alexey Miller, Gazprom’s Chairman, and Dmitry Pumpyansky, Chairman of the Board of Directors of TMK,...