In his first trip to Russia and his first foreign tour after assuming office last October, Iraqi Foreign Minister Mohamed Ali al-Hakim called on Russian companies to help Iraq’s industry recover and develop Kommersant reports.
The Iraqi minister visited Moscow, where he held talks with his Russian counterpart Sergey...
Russian gas would remain more competitive in Europe than U.S. gas, the country’s biggest independent producer Novatek and oil major Shell said on Wednesday, according to Reuters.
New mega projects currently built in Russia that would be insulated from any new U.S. sanctions were pointed out as the main...
Serbian President Aleksandar Vucic and the CEO of Russian state-owned gas giant Gazprom, Alexey Miller, have held talks over the construction of a gas pipeline in the Balkan country, Gazprom said on Tuesday.
The gas pipeline would run from the border with Bulgaria to the border with Hungary, the statement...
Gazprom Space Systems, a subsidiary of Russian energy major Gazprom, has said that work has been completed on the design of a plant in the Moscow Region that would assemble and test satellites, Vedomosti reported.
The enterprise is to be located in the city of Shchyolkovo, and it is...
A recent decision by Russia’s second-biggest producer Novatek to sell 20 percent of its Yamal Peninsula project to Chinese state oil companies will establish Arctic gas as an alternate source for China’s growing energy needs, the South China Morning Post reports.
The deals with CNOOC and China National Petroleum Corp...
The Moscow Commercial Court has ordered recovery of nearly 100,000 euros ($112,000) from Russia’s Antipinsky oil refinery in favor of chemical feedstock importer Trust Chem Group, the Russian legal information agency RAPSI reported citing court records.
Therefore, the court granted the lawsuit filed by Trust Chem Group. It was found...
The Russian oil contamination crisis that disrupted flows and shook global prices is over, Russian officials say, and the government is calculating damages to its own economy and compensation payouts to neighbors, Reuters reports.
On Thursday, Russia’s pipeline monopoly Transneft reached a deal to pay Kazakhstan $15 a barrel for...
New large oil & gas fields in Russia’s region are unlikely to be launched before 2030, business newspaper Kommersant writes referring to the plan of the Ministry of Natural Resources for geological exploration of the Arctic.
Meanwhile, state gas giant Gazprom and its oil arm, Gazprom Neft still intend to...
Russia and Belarus have negotiated a 3.7% increase in the tariff on oil transit via the territory of Belarus from September 1, BelTA news agency reports citing state oil company Belneftekhim.
The move is seen as compensation for Belarus following an oil contamination scandal in Russia earlier this year which has...
A Russian liquefied natural gas (LNG) unit in the Kaliningrad enclave has been leased by Austrian energy company OMV, Reuters reports.
Russia has decided to lease the Marshal Vasilevskiy floating storage and regasification unit (FSRU), hailed by President Vladimir Putin as a guarantor of energy security to Russia’s enclave, in...
