Moscow will work out a possibility for Belarus to acquire an oil field in Russia but so far there are no specifics on this issue, Kremlin Spokesman Dmitry Peskov told reporters on Thursday, TASS reported.
"There are no specifics on this issue yet," he said adding that such a plan...
Moldova is not ready for the possible end of Russian gas transit via the territory of Ukraine, because it does not have funds to create an alternative pipeline, President Igor Dodon said in an interview with NTV-Moldova on Tuesday, according to NewsMaker.
Commenting on the proposed Chisinau-Ungheni project, a...
Rosneft almost completely reduced investments in euros, getting rid of 90% of liquid assets in the European currency, follows from the company's comments on the second-quarter reporting, Charter97 reported.
If at the beginning of the year the “currency pillow” of Rosneft consisted of 43% of the euro and 57% of...
Gazprom Neft Middle East B.V., a subsidiary of Russian oil company Gazprom Neft, has commissioned a third production well at its Sarqala field in the Kurdistan Region of Iraq (KRI), the Oil & Gas Journal reports.
Potential production at this new well is estimated at 12,000 bpd. Cumulative daily...
The world’s largest diamond producer by output, Russia’s Alrosa, is set to begin mining operations in Zimbabwe, more than two years after it dropped plans to expand into the southern African country, RIA news agency reports citing a company statement.
A reform of the country’s diamond industry led Alrosa to drop...
The European Union’s High Representative for Foreign Affairs and Security Policy, Federica Mogherini, has called on Russia's gas giant Gazprom to respect its contractual obligations under gas contracts with Ukraine, Interfax reported.
"We discussed with the Prime Minister a recent decision by Gazprom to suspend already prepaid gas supplies...
The diplomatic row between the UK and Russia now threatens to spill into energy issues, after UK Prime Minister Theresa May said that Britain was looking “to other countries” for its gas supplies, Platts reports.
The UK-Russian relations have quickly deteriorated over the past week after London said that a former...
Norwegian energy companies are eager to participate in any new Arctic projects for the production of liquefied natural gas (LNG) with Russia, Thor Andvik, Arctic and Cold Climate Solutions project director at Norwegian Energy Partners (NORWEP) has said, according to Sputnik.
During the Eastern Economic Forum in September, the CEO...
Rosenergoatom, a subsidiary of Rosatom's electric power department, has agreed to insure all domestic nuclear power plants (NPP) against catastrophic risks for 2 trillion rubles ($27 billion), TASS reports.
As per the documents of the procurement board meeting, which were posted on the government procurement website, Sogaz won the bidding.
Rosenergoatom...
To preserve the operability of the gas transmission system, Ukraine needs to become a "gas hub" of Europe, the deputy of the Verkhovna Rada from the Servant of the People party, Yuri Kamelchuk, said.
After the start of operation of the Nord Stream-2 pipeline, a shortage of fuel may begin...
