Around three-quarters of the gigantic gas pipeline connecting Russia to China have been completed, Russia’s state-run gas exporter Gazprom announced this week, only days after the reelection of both Vladimir Putin and Xi Jinping.
"The construction of the Power of Siberia gas pipeline is going on at a high tempo....
The U.S. should be flexible in negotiations with Saudi Arabia about providing nuclear reactors because two adversaries are also competing for the role, Energy Secretary Rick Perry told lawmakers Thursday.
Russia and China are interested in partnering with Saudi Arabia as it tries to develop civil nuclear energy to shift...
Italy’s oil and gas giant, Eni, and its national gas transport operator Snam are ready to consider investing in the extension of the Turkish Stream project and natural gas delivery through Bulgaria to Austria, Eni CEO Claudio Descalzi and Snam CEO Marco Alvera have said.
According to Interfax, the two...
Russian state oil company Rosneft and Italy's Eni failed to find oil suitable for commercial exploitation in the Black Sea as the well they were drilling proved to be dry, a source close to operations told Reuters on Wednesday.
Rosneft and Eni started to drill the well, known as "Maria-1", in December. The...
The European Parliament passed draft rules on Wednesday to extend EU’s internal energy market laws to offshore gas pipelines such as Russia’s planned Nord Stream 2 link to Germany, Reuters reported.
The Parliament’s industry committee voted 41 votes to 13 in favor of the European Commission’s proposal, with 9 abstentions.
In...
The United States, which plans to become Russia’s major competitor in the European gas market, has become a net gas exporter for the first time in 60 years, Moscow business newspaper Kommersant reports.
In recent years, the U.S. has systematically increased production, expanding pipe gas supplies to Mexico and Canada,...
The United States is still keen to block the planned Nord Stream 2 gas pipeline between Russia and Germany but is not yet pushing for sanctions against companies that would be involved in the project, EUobserver reports.
"We oppose Nord Stream 2, we would prefer the pipeline not be built at...
Gazprom, Russia’s top gas producer will have to enter into a new gas transit system contract with Ukraine until at least 2020 since the inland part of the EU’s infrastructure will not be ready to receive Russian gas pumped through the Nord Stream 2 pipeline, Kommersant reports.
The Eugal pipeline, which...
The mysterious rise and apparent fall of China's largest private oil company have raised a host of questions for the government and relations with Russia, analysts say.
Questions have been swirling around the investment empire of CEFC China Energy Company Ltd. since March 1 when Chinese media reported that its...
Russian gas is the most flexible and reliable option for Europe’s energy needs, Russian energy minister Alexander Novak has said, amid growing tensions between Moscow and London over the poisoning of a former spy in the UK.
As London asks its allies to take a stand against the Kremlin over...
