Europe needs healthy, durable and sustainable structures to keep Ukraine as a transit country of Russian natural gas, German Chancellor Angela Merkel has said, according to TASS news agency. She met with her Slovak counterpart Peter Pellegrini this week. The two prime ministers talked about Nord Stream 2, a contentious Russian pipeline...
Workers have started building the German section of a contested gas pipeline from Russia that is opposed by Poland and other countries, EUobserver reported, citing Germany’s DPA news agency.
Construction work on the German section of the Nord Stream 2 gas pipeline is now underway in the German town of...
Russia’s energy giant, Gazprom, is certain that gas supplies countries outside of the CIS (Commonwealth of Independent States) in 2018 will increase compared to last year, Alexander Medvedev, Deputy Chairman of Gazprom’s Management Committee, told Vedomosti.
"It’s difficult to say for sure right now how much we will supply this...
Earlier this year, American energy giant ExxonMobil was forced to withdraw from some joint projects with Russian oil giant Rosneft due to U.S. sanctions on Russia. But despite the setback, the U.S. supermajor is proceeding with a $15-billion liquefied natural gas (LNG) project that is unaffected by the sanctions,...
Gazprom’s exports to countries outside the Commonwealth of Independent States (CIS) in January-April were up 6.3 percent year on year, the Russian gas exporter said on Thursday.
Exports to non-CIS states totaled 70.3 billion cubic meters, the company said in a statement, according to Gazeta.ru.
Deliveries to Germany increased by 12.4%...
Russia’s economy is gaining ground on the rising global prices of oil, a new forecast by the European Commission says.
“Going forward, higher oil prices will help to replenish off-budget reserves. The budget balance is likely to reach surplus at the end of the forecast horizon, driven mainly by higher...
High volumes of Russian natural gas keep flowing to the European Union despite long-running disputes over pipelines, competition, and Ukraine, the latest S&P Global Platts guide to EU-Russian natural gas relations shows.
Flows via Gazprom’s Nord Stream pipeline to Germany hit a record high of 51 Billion cubic meters (Bcm) in...
Rosneft’s Board of Directors has approved additional initiatives concerning its 2022 strategy, the oil company said in a statement on Tuesday.
"With the objective of enhancing shareholder returns, the management of Rosneft proposed that the company undertakes a $2 billion share buyback program in the course of 2018-2020 through open market...
The Organization of Petroleum Exporting Countries (OPEC) continues to over-deliver on its production cuts, with output falling further last month as the group nears its goal of rebalancing the oil market.
The cartel pumped 31.93 million barrels a day in April, down from a revised 31.97 million in March, a...
The Organization of Petroleum Exporting Countries (OPEC) continues to over-deliver on its production cuts, with output falling further last month as the group nears its goal of rebalancing the oil market.
The cartel pumped 31.93 million barrels a day in April, down from a revised 31.97 million in March, a...
