Wednesday, July 9, 2025
The cost of a barrel of Brent oil rose above $70 before the start of the meeting of the ministers of the OPEC + countries. By noon, a barrel of Brent rose 2.2% to $70.9, and the American WTI - by 2%, to $68.3, according to exchange trading data. A...
The first ship in Russia built to run on liquefied natural gas (LNG) and fuel other ships with LNG has finished its sea testing, according to energy major Gazprom Neft, Reuters reported. The Dmitry Mendeleev will join Gazprom Neft's fleet in the second part of this year, according to the...
The Fortuna vessel continued laying the Nord Stream 2 pipes in Germany's exclusive economic zone. According to the operator Nord Stream 2 AG, the Federal Office for Shipping and Hydrography issued a permit for laying the gas pipeline on the 2-kilometer section on January 14, Russian media reported. On May...
The gasification program for the regions of the Russian Federation is proceeding according to schedule and compared to 2020, the process has been seen significant acceleration, the head of Gazprom Mezhregiongaz Sergei Gustov told Russian media. According to Gustov, the Gazprom Mezhregiongaz has no problems with financing the current...
The US wasn't able to inflict significant damage on the Nord Stream 2 project and therefore they are now introducing new sanctions against Russia, trying to "save face," said Vladimir Dzhabarov, member of the Federation Council, Russian media reported. "They understood that the sanctions aren't fatal for us." Dzhabarov told...
The energy bridge from the territory of the Krasnodar Territory to the Crimea is operating normally, no failures were recorded, said the head of the Russian Ministry of Energy Nikolai Shulginov, RIA Novosti reports. Earlier on Thursday, the Minister of Fuel and Energy of Crimea Yevgeny Rukavishnikov told reporters that...
On national security grounds, the U.S. administration has declined to enforce penalties against Nord Stream 2 AG, the pipeline's operator, and its chief executive, Matthias Warnig. According to a written statement released on Wednesday by Robert Menendez, Chairman of the Senate Foreign Relations Committee (New Jersey), TASS reports. The US...
Four people were taken to the hospital after suffering burns at an oilfield in western Siberia operated by Samotlorneftegaz, a subsidiary of Russian oil giant Rosneft, the company said on Wednesday. When doing routine maintenance tasks, four employees from Samotlorneftegaz and a subcontractor suffered mild to moderate burns, according to...
Russian oil magnate Gazprom expects demand for gas to grow within the coming decades and for it to play an even bigger role in energy consumption than renewable sources and hydrogen, Nasdaq reported citing Reuters. The forecasts run contrary to a world trend for an energy transition from fossil fuels...
The question of whether the Nord Stream will be completed may be resolved in the next 12 months, said the head of the German Ministry of Economy and Energy Peter Altmaier, speaking at the 25th Potsdam Meetings conference. "The issue of completion or non-completion of Nord Stream 2 is one...