Russian company Konkov's Petro-hydraulic Drives expressed readiness to provide the Fuel and energy complex of Turkmenistan with innovative solutions for improving oil production, said a report by the Central Asian country’s oil and gas administration.
The news comes after the Turkmen government officially invited Russian companies to form the oil...
Russian state-owned energy major Rosneft announced that it has signed energy deals with a pair of Chinese energy counterparts, seizing an opportunity as Beijing moves to diversify suppliers amid a trade war with the U.S., TASS news agency reports.
China National Chemical, known as ChemChina, agreed to purchase 2.4 million tons a year...
Russia's natural gas giant Gazprom may buy its headquarters in the Lakhta Center in St Petersburg from its oil arm Gazprom Neft for about $1.8 billion, Vedomosti reported citing unnamed sources.
Reportedly, part of the payment has already been transferred to Gazprom Neft in 2018, with the majority of the payment coming in 2019,...
Gazprom Neft, the oil arm of Russia’s gas giant Gazprom, is exploring the possibility of monetizing its natural gas resources in the Yamal Peninsula in Western Siberia with a total volume of up to 1.5 trillion cubic meters by building a gas liquefaction plant, Kommersant reported citing sources in...
Poland’s gas transport operator Gaz-System and Denmark’s Energinet will have to make an additional agreement with Russia’s Gazprom on their joint project, Baltic Pipe gas conduit to reduce Poland’s dependence on Russian gas, Rossiyskaya Gazeta writes.
The project is aimed at reducing the two countries’ reliance on Russian energy. But...
Russia should stick with output cuts even at the cost of losing market share in the medium term, and should avoid an oil price war against the United States, the head of Russia’s sovereign investment fund, RDIF has said according to Kommersant.
Kiril Dmitriev, who is one of the main Russian...
For years, Russia has worked to gain influence in Southeast Europe, using Serbia as a foothold to establish a friendly pocket on a hostile continent.
The European Union finally is pushing back. European Commission President Jean-Claude Juncker is embarking on a seven-nation Balkans tour Sunday to promote the EU's new...
Ukraine and Moldova have stepped up their criticism of the Nord Stream 2 gas pipeline project – a Russian venture intended to bring Russian gas directly to Germany.
Andriy Parubiy, the Ukrainian parliament speaker has said the real nature of the Nord Stream 2 pipeline project is far from being...
Russia’s state-run gas company Gazprom is in talks with the authorities of Georgia over the extension or renegotiation of a contract regulating gas transit through the country, Black Sea news reported.
Tbilisi and Moscow had reached the previous deal on gas transit to Armenia back in January 2017, after long...
Global oil prices rose to a six-month high after Russia halted oil flows along the Druzhba pipeline to Eastern Europe and Germany last week because of contaminated crude, leaving refiners in Europe scrambling to find supplies, Reuters reports.
At least 5 million tons of oil, or about 36.7 million...
