Tuesday, June 24, 2025
At a press conference on Monday, spokesman for the German Economy Ministry Beate Baron stated that all building licenses for the Nord Stream 2 gas pipeline had been obtained, TASS reports. All of the building permissions have been obtained, and they were issued a long time ago. In terms of...
At the St. Petersburg International Commodity Exchange, the price of AI-92 gasoline hit a new high of 55,720 rubles per ton. Last week, the mark surpassed the all-time high set in May 2018, before dipping marginally, according to RIA. AI-95 gasoline is also trading at the all-time high of 59,602 rubles...
Gazprom Neft will continue to invest in Serbia's NIS (a joint asset of Gazprom Neft and the Serbian government), while also executing a large-scale social investment program, said Alexander Dybal, Deputy Chief Executive Officer of Russia's oil producer, in an interview with TASS. "We will continue to invest in NIS...
Between June 29 and July 5, the price of gasoline in the Russian Federation climbed by 0.17 percent, while the country's overall inflation rate was 0.46 percent. According to Rosstat statistics, it was also below the Russian average level of price rise the previous week. In general, the cost of...
Russian gas conglomerate Gazprom, the largest in the world, has surpassed Sberbank in terms of market value on Tuesday, when the Mosbirzhi index renewed its record. As a result, Gazprom became the most valuable company in Russia. By 15:00 Moscow time, Gazprom's capitalization indicator almost reached 7 trillion - 6.973...
Russia has halted gas shipments through the Yamal-Europe pipeline until July 10 due to scheduled maintenance, Sputnik news reports. Consumers have agreed on the date of the gas pipeline maintenance, according to the message. Yamal - Europe travels from Russia to Belarus, Poland, and Germany. It is responsible for 25% of...
The Russian President's press secretary, Dmitry Peskov, told reporters that work on reaching a deal in OPEC + on the destiny of the production agreement after July is continuing and would continue until the alliance's nations achieve an accord. In a response to a question about the inconsistencies in the...
The press secretary of the Russian President, Dmitry Peskov announced that President Vladimir Putin hasn't plan to have any talks with the heads of the OPEC+ countries yet, as there is still a consensus on the extension of the oil deal. Peskov said that at present, there aren't any plans...
The Federal Antimonopoly Service (FAS) imposed administrative fines on two traders, Solid - Commodity Markets and A-Oil, who were found guilty of concluding a cartel agreement on exchange trading in oil products in 2018, Russian media reported. Each company must pay a fine of over 509 million rubles, the FAS...
Oil and gas condensate production in Russia decreased in the first half of the year by 3.7% in annual terms to 254.93 million tons, according to the Central Dispatch Office of the Fuel and Energy Complex. The average daily production was 10.32 million barrels, Russian media reported. In June, Russia...