Moscow and Kyiv officials are set to gather in Berlin on Tuesday for EU-backed talks on the future of the transit of Russian gas through Ukraine in a bid to minimize disputes when the current contract expires next year, RFE/RL reports.
Russian gas giant Gazprom has already dramatically reduced the volume of...
Russian President Vladimir Putin has said that his country and the United States have common interests in the global energy markets, which can lead to cooperation in regulating energy prices, TASS reports.
"I believe that we as the largest oil and gas powers, and the United States is such a...
Global prices of oil edged down on Monday ahead of a highly anticipated meeting between President Donald Trump and his Russian counterpart, Vladimir Putin. Concerns about supply disruptions eased as Russia announced a plan for a supply hike, contributing to the downward trend.
Brent crude futures were down 48 cents,...
OPEC and its Russia-led non-OPEC partners will act to ensure enough supply in the market should disruptions in Venezuela and Libya lead to a deficit, Russia’s Energy Minister Alexander Novak said on Friday.
Last month, Russia and OPEC’s largest producer and de facto leader Saudi Arabia managed to get OPEC...
Russian-Bangladeshi nuclear cooperation could strengthen soon, as the Asian country announced its intention to construct the second nuclear power plan in the country’s south, Russia's Deputy Prime Minister responsible for the military-defense complex Yuri Borisov said on Saturday at the beginning-of-works-ceremony of the second power unit of the Rooppur...
Russia is considering a continuation of the “oil-for-goods” program with Iran, the country’s Energy Minister Aleksandar Novak has said, according to Tehran Times.
"We are interested in Iran having the opportunity to buy Russian goods, work, and services, to increase trade turnover and develop relations," Novak said.
The "oil-for-goods" program does not...
Gazprom’s NIIgazekonomika research center is preparing a feasibility study on the volume of underground gas storage capacity required along Russia’s so-called Northern Gas Transport Corridor, the company said.
The Northern Corridor includes the trunk gas pipelines for the following connections: Bovanenkovo-Ukhta-Torzhok; Northern Tyumen-Torzhok; Gryazovets-Leningrad; Gryazovets-Vyborg; Serpukhov-Leningrad; and Leningrad-Vyborg-Border. It also includes...
The U.S. Energy Information Administration (EIA) said in a monthly report that for the first time ever, U.S. crude oil production is expected to average more than 12 million barrels per day late next year, Reuters reported.
Recently, U.S. oil production has soared recently, driven by technology advances in shale formations tapping. American oil output...
U.S. President Donald Trump has told NATO Secretary-General Jens Stoltenberg that Germany is "captive" to Russia because it is importing energy from there, Reuters reports.
In a heated exchange with the NATO chief ahead of a summit in Brussels on Wednesday, the U.S. president was fiercely critical of German oil and...
