Thursday, April 25, 2024
Russia is not ready to reduce oil and oil products exports to North Korea, Moscow's ambassador to Pyongyang was cited as saying by RIA news agency on Wednesday. The ambassador added that a total end to deliveries would be interpreted by North Korea as an act of war, Reuters reported. "We...
Russian state-controlled gas giant Gazprom told its consumers on Tuesday that its position on the European gas market remains safe and could even improve thanks to unfaltering demand for the fuel, Reuters reported. The company's share of the European gas market, where it generates the majority of its revenue, rose last...
Oil fell on Tuesday for a second day as a strengthening dollar dented risk-linked assets such as equities and other commodities, together with rising U.S. output, pushing the price below $69 a barrel for the first time in six days. Brent crude futures fell 20c on the day to $69.26...
A tanker carrying liquefied natural gas (LNG) from the sanctioned Russia Yamal plant in the Arctic has arrived in Boston Harbour, where it will be offloaded for New England users, the Washington Post reported. The giant tanker is carrying the first LNG exported by the Yamal facility, a US$27...
More than half of the first line of the TurkStream natural gas pipeline project, intended to deliver over a third of Turkey's gas needs has been completed, Gazprom officials said. According to Yeni Safak, representatives of the project constructor gave the statement in Novy Urengoy, the world's second-biggest gas field,...
The planned Nord Stream 2 gas pipeline between Russia and Germany is seen by the United States as a threat to Europe's energy security, U.S. Secretary of State Rex Tillerson said on Saturday, Reuters reported. Poland, Ukraine and the Baltic states have expressed fears that the pipeline would increase Europe's dependence...
France’s oil and gas giant Total continues to show interest in investing in Russia, the Russian Ministry of Energy said on Friday after the meeting between Minister Alexander Novak and General Director of Total EP Russia Arnaud Le Foll. "The interest of Total in developing the business in Russia was...
The OPEC + agreement on the reduction of oil production added at least $25 to the current price of oil, Saudi Energy Minister Khalid al-Falih said on the sidelines of the World Economic Forum in Davos. "My opinion that current price has a least 25 dollars of the current price...
China is in talks with Russia to build a 'Polar Silk Road' through developing Arctic shipping routes opened up by global warming, a Chinese government white paper published on Friday says. Despite not being an Arctic country, China is pushing its ambitious global trade infrastructure program to the polar region,...
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...