Sunday, May 19, 2024
Gazprom Neft-Lubricants, a subsidiary of the Russian oil giant, increased its sales of premium lubricants in international markets to 106.000 tons in 2019, a 6.2% jump year-on-year, TASS reported citing company data. Deliveries of small-packaged G-Energy and Gazprom Neft branded premium products increased by 10,5% to 95.000 tons. The company’s geographic...
In an interview with the German media organization Redaktionsnetzwerk Deutschland (RND) published on Saturday, Russia's Ambassador to Germany Sergei Nechayev expressed optimism that the Nord Stream 2 gas pipeline would be completed by the September 26 Bundestag election, but weather conditions would be crucial, according to TASS. "I'm hoping it'll...
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...
The long-anticipated TurkStream offshore pipeline, that will deliver Russian gas to Turkey and further to southern European states, was launched by Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan at a ceremony Wednesday, Izvestia reported. Serbia’s President Aleksandar Vucic and Bulgarian Prime Minister Boyko Borissovalso participated in...
Russia’s nuclear power agency Rosatom expects to double its overseas revenue in five years, exceeding $15 billion, the company’s head Alexei Likhachev said at a meeting this week with Prime Minister Dmitry Medvedev. "It is important to emphasize that the key topic of our further growth is foreign markets. We...
The Foreign Minister of Hungary Peter Szijjarto said on Thursday that he has signed a 15-year gas supply agreement with Russian energy giant Gazprom, which would take effect when the current arrangement expires in September, Reuters reports. Hungary's natural gas imports have diversified in recent years, with the installation of...
Russian oil output fell to 11.11 million barrels per day (bpd) in May, its lowest level since June 2018, from 11.23 million bpd in April, Energy Ministry data showed on Sunday, Reuters reports. The production fall resulted mainly from the closure due to oil contamination of Russia’s Druzhba pipeline, which...
European Union ambassadors have agreed to toughen regulations on the controversial Nord Stream 2 gas pipeline from Russia to Germany, but they have decided not to back plans that might threaten its completion, Deutsche Welle reports. If approved by the European Parliament, the agreement could complicate things for Russian energy...
Russia remained China’s top crude oil supplier in December for the 10th month and racked up its second year as the top supplier to China in 2017, customs data showed on Thursday, leaving rival exporter Saudi Arabia in second place once more. Shipments from Russia hit 5.03 million tons in...
Hungary’s minister without portfolio in charge of the Paks nuclear power plant project, Janos Suli, said on Wednesday that the plant’s two new blocks could be up and running around 2030, Hungary Today reports. The minister said the cabinet is to submit the modified financing contract to lawmakers soon as...