Wednesday, June 25, 2025
Boiler houses in St. Petersburg will completely switch to natural gas by 2025, said the Governor of St. Petersburg Alexander Beglov at a meeting with Deputy Prime Minister Alexander Novak, Russian media reported. "The level of gasification in St. Petersburg is one of the highest in Russia - over 95%....
The price of Russian export oil Urals rose for the first time since May 22, 2019, going above $70 per barrel during trading on June 11, Russian media reported. Thus, on June 11, the price of Urals crude oil rose to $70.1 per barrel in north-western Europe (CIF Rotterdam), and...
After the launch of the Nord Stream 2 gas pipeline, Kyiv expects to receive compensation, Ukrainian Minister of Foreign Affairs Dmytro Kuleba said in an interview with the German newspaper Die Welt. According to the diplomat, the intention of the US to compensate Kyiv for the losses from the launch...
Global oil demand will recover to pre-pandemic levels only by the end of 2022, for the first time exceeding 100 million bpd. This is stated in the June report of the International Energy Agency (IEA). In this scenario, OPEC + countries will need to ease restrictions on oil production...
Russian President Vladimir Putin signed a law which enables the Russian population to have a free gas connection gas. The distance from the gas distribution network to the consumer's site should not be more than 200 meters, and the volume of gas consumption should not exceed 7 cubic meters of...
Global oil demand this year will continue to recover at 6 million barrels per day, OPEC's June report said, confirming the forecast it made in May. According to OPEC data, global oil demand this year should amount to 96.58 million bpd. In its report, OPEC predicts that in the second half...
The program of social gasification of Russian regions may include 1.5 million houses, and the final list will be released in the next two weeks, General Director of Gazprom Mezhregiongaz Sergei Gustov said during the video conference Gasification of Russian Regions. “On the instructions of the Ministry of Energy, in...
The construction of the offshore section of the first string of the Nord Stream 2 gas pipeline has been technically completed. The pipelay was completed on 4 June and today the offshore sections of the pipeline laid from the Russian and German sides were interconnected, Nord Stream 2 AG...
The completion of the construction of a gas pipeline from Russia to Germany and its launch are two different things, US Secretary of State Anthony Blinken said in the US Senate, commenting on negotiations with Germany. According to Blinken, while the US cannot interfere with the completion, it will...
Russian President Vladimir Putin took part in the videoconference format for the launching of Gazprom's Amur gas processing plant. This is Gazprom's largest infrastructure project in the Far East. The plant will process multicomponent natural gas from Irkutsk and Yakutsk production centers. The Amur Gas Processing Plant is 15 kilometers away...