Russian gas giant Gazprom said on Wednesday it has discussed possible cooperation opportunities with Italian gas grid company Snam, Europe’s biggest gas pipeline operator, RNS reported.
Gazprom said the companies discussed cooperation “taking into account Gazprom’s implementation of the TurkStream project”.
The Russian company also said Snam’s Chief Executive Marco Alvera...
Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan on Tuesday took part in a symbolic ceremony marking the beginning of construction of Turkey’s first nuclear power plant, Anadolu news agency reported.
The two leaders watched cement pouring at the $20 billion Akkuyu nuclear power plant through a video link...
The European Commission has plans to approve the commitments of Russia’s energy giant, Gazprom, in a long-running antitrust case and close it without a fine, Kommersant reported citing sources.
According to the report, the move may happen as early as this month. However, Kommersant’s sources were more cautious in their estimates,...
Russian energy companies could spend as much as $50 billion on oil and gas exploration in Iran, a presidential aide told the Tehran Times.
Yuri Ushakov said companies including Rosneft, Gazprom, Gazpromneft, Lukoil, Zarubezhneft, and Tatneft were “systemically working on development of fields in Iran.”
The official’s comments come after Zarubezhneft...
The Russian ruble edged lower on Tuesday, reflecting a sharp fall in oil prices the day before, Reuters reported.
At 0809 GMT, the rouble was 0.14 percent weaker against the dollar at 57.58 and had lost 0.3 percent to trade at 70.95 versus the euro. Oil fell by 2.4 percent on Monday,...
The building of Turkey's first nuclear power plant, Akkuyu, will begin on Tuesday, Anadolu agency reported.
The power plant, located in the southern province of Mersin on the Mediterranean coast, will be built by Russian State Nuclear Energy Agency Rosatom and will compose of four units each with a capacity...
Russian oil output reached 10.97 million barrels per day (bpd) in March, rising slightly to an 11-month high, energy ministry data showed on Monday.
According to Reuters, this was the first increase in Russian output since December and the highest level since an output of 11 million bpd in April...
Ukrainian President Petro Poroshenko has said that the Nord Stream 2 project requires examination from the economic, political and moral points of view.
According to Deutsche Welle, the president’s press service said that Poroshenko said this in an interview with Germany's Funke Media Group.
"I am sure that an attempt of gas...
Russia’s state gass giant Gazprom is to hold talks on the fate of Russian gas transit through Ukraine in April. The company is forced to use Ukrainian pipelines at least until 2020 and given the sharp conflict between Russia and Ukraine and the worsening dialogue with the European Union,...
Ukraine’s government must act in the interests of national security and take control over a vast part of the Ukrainian energy grid now held by Russian oligarchs, Anders Aslund, a prominent expert, has said, according to Ukrinform.
Aslund, a resident senior fellow in the Eurasia Center at the Atlantic Council...
