Russian gas major Gazprom expects that its exports to Europe will set a new record this year, and Ukraine will also profit off this since additional gas supplies will be pumped through its territory, Vedomosti reports.
By late 2019, Gazprom’s deal on gas transit with Ukraine will expire and in...
Last month, Russian oil output missed a global cut target agreed with OPEC and non-OPEC producers in December, Reuters reported.
The country’s production in February stood at 11.34 million barrels per day (bpd), down some 75,000 barrels per day from the October level, the baseline for the global deal, Energy...
Russia is taking advantage of lost deliveries from sanctions-hit Venezuela and supply cuts by OPEC members to sell more oil to the United States, Bloomberg reports.
According to a report by Caracas Capital Markets managing partner Russ Dallen, 13 ships from Russia delivered almost 5 million barrels of crude and oil products...
Russia could issue energy giant Lukoil a permit for geological exploration of three locations in the Caspian Sea, if the company wins an upcoming auction, Neftegaz.ru reports.
Dmitry Kobylkin, Russia’s minister for natural resources and ecology, offered to conduct an auction featuring three locations in the Caspian Sea, namely Tyuleniy-1, Tyuleniy-2...
Russia’s First Deputy Energy Minister Aleksei Texler expects participants of the OPEC+ deal to define a new goal of the agreement at the meeting on June 23, Interfax reports.
"The Vienna alliance (OPEC+) is not involved in price regulation. (Previously) there was a certain goal, which has been met recently...
Russia’s largest European coal export terminal at Ust-Luga, near St Petersburg, shipped 15% less coal in the first three quarters of the year amid infrastructure upgrades, operator Rosterminalugol said on Thursday, according to PortNews.
Ust-Luga loaded 15.4 million tons for export, down from 18.2 million tons in January-September last year, company data...
Russia’s nuclear utility Rosenergoatom has said that the second unit of the Novovoronezh II nuclear power plant south of Moscow has gone into pilot commercial operation, Bellona reports.
The reactor is a VVER-1200, the Russian nuclear industry’s flagship product as it seeks to expand its sales abroad. The new...
One of Russia’s largest petrochemical companies, Sibur Group, is in talks with Saudi oil giant Aramco to set up a venture to produce synthetic rubber, Reuters reported.
The move, announced by Sibur’s CEO highlights growing cooperation between OPEC leader Saudi Arabia and Russia, the biggest non-OPEC oil exporter. Russia and...
Gas transit through Ukraine to Hungary resumed after a temporary suspension, the Hungarian operator of the gas transmission system FGSZ said, Izvestia reported.
According to the operator, the gas flow through the "Beregovo" point on the border with Ukraine is currently 2.134 million cubic meters per hour, while earlier on...
Hungarian Foreign Minister Peter Szijjarto told national news agency MTI that the country has agreed with Russia's Gazprom to start talks on gas shipments of about 4.1 billion cubic meters in 2020, according to Glavnovosti.
Szijjarto was talking in Moscow on Thursday ahead of a meeting of Russian President Vladimir...
