Rosneft CEOs Igor Sechin and BP's chief Bernard Looney in Moscow discussed the possibility of delivering 10 billion cubic meters of gas to Europe at the Russian Energy Week forum, broadcasted by the Russia 24 TV channel and the "We Look" media platform.
Sechin and Luni talked about gas supplies...
Boiler houses in St. Petersburg will completely switch to natural gas by 2025, said the Governor of St. Petersburg Alexander Beglov at a meeting with Deputy Prime Minister Alexander Novak, Russian media reported.
"The level of gasification in St. Petersburg is one of the highest in Russia - over 95%....
Russian oil production in October was at a 30-year high and moved closer to an all-time record ahead of a Russia-OPEC meeting on future supply, Reuters reported citing data from the country’s Energy Ministry.
The country’s crude and condensate output averaged 11.4 million barrels a day last month, according to data...
U.S. President Donald Trump once again warned Germany against being dependent on Russia for its energy and said he is still considering using sanctions to block a controversial pipeline that would increase gas flows from Russia to Germany, Reuters reports.
“Well, we’re looking at it. People have the right...
Russia's Rosatom and China's CNNC are among seven companies which filed applications for investing in Bulgaria’s twin-reactor, $11 billion Belene nuclear power plant project, the country’s energy minister has said, according to RFE/RL.
Plans to build the Belene power plant were scrapped in 2012, but Sofia was forced to reconsider...
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...
Russian gas giant Gazprom decreased its supplies to major clients Germany and Turkey in March, the Interfax news agency reported on Tuesday, citing Russian customs data.
Natural gas pipeline exports by Gazprom, which account for around 35% of the European gas market, plummeted by almost one-fifth in the first quarter...
Vienna-based integrated oil and gas company OMV has announced the acquisition of a 24.98% stake in Siberian gas assets from Russian gas giant Gazprom, in a somewhat surprising move which analysts say will bring Austria and Russia closer together both economically and politically, NTV reported.
The transaction is a capitulation...
Republican and Democratic U.S. senators introduced legislation on Thursday to impose stiff new sanctions on Russia, the latest effort by lawmakers to punish Moscow over interference in U.S. elections and its activities in Syria and Ukraine, Platts reports.
The bill includes restrictions on new Russian sovereign debt transactions, energy and oil...
Russia produced more crude oil and condensate in 2019 than in any year since the breakdown of the Soviet Union, despite curbing production under an agreement with OPEC, Reuters reports.
Russia produced 560.2 million tons of oil in 2019, up 0.8% from the previous year, preliminary data from the Energy...
