Energy ministers from some of the world’s largest oil producers will attempt to ratify a deeper round of output cuts on Friday, The New York Times reported.
OPEC and its non-OPEC partners, sometimes referred to as OPEC+, have gathered in Vienna, Austria to decide the next phase of their oil...
The Zvezda shipyard has commissioned the steel cutting for a second 114,000-tonne deadweight (DWT) Aframax tanker, Interfax news agency reports. Rosneft CEO Igor Sechin and Acting Head of the Primorsky Region, Oleg Kozhemyako, attended the ceremony.
The event marked the serial production launch of state-of-the-art, crude oil tankers at the Zvezda shipyard....
According to data provided by the European gas transport operator Gascade, gas pumping via the Yamal-Europe gas pipeline increased by more than 20% early on Tuesday, following the resumption of work at Gazprom's Urengoy condensate pre-transportation preparation plant in the Yamalo-Nenets Autonomous Area following an accident, TASS reports.
According to...
The Russian government may support the Energy Ministry's request to impose a temporary restriction on petrol exports in the coming days, according to Yevgeny Arkusha, President of the Russian Fuel Union. Energy Minister Nikolay Shulginov said last week that his ministry has presented this idea to the cabinet. The...
Russia and Syria have discussed the possible reconstruction of gas transportation infrastructure, underground gas storage facilities, oil and gas production and oil refineries in Syria, Russian Energy Minister Alexander Novak was quoted as saying by RIA news agency.
The two countries also agreed to speed up reconstruction of thermal power...
Germany’s Federal Network Agency for Electricity, Gas, Telecommunications, Posts, and Railway, or the Bundesnetzagentur, has appealed the decision of the EU Supreme Court, which has limited Gazprom’s access to the OPAL pipeline, Vedomosti reported.
Three sources close to different parties in the legal battle told the business newspaper that the...
Russian oil and gas pipe maker TMK said on Wednesday it was interested in bidding for the construction of a gas pipeline in Bulgaria, as Sofia looks to secure a link with the Moscow-designed TurkStream gas pipeline, Reuters reported.
Bulgaria sees a line of TurkStream, from Turkey to Serbia,...
A joint venture was formed last week by Russia’s energy giant Rosneft and China’s Beijing Gas Group for the construction and operation of a network of CNG stations in Russia with the Chinese company owning a 45% share, Europétrole reports.
Through this joint venture, the two companies will build about...
A key issue that undid an earlier deal on a new German coalition government, may now create more political havoc – seven members of the German Parliament from across the political spectrum have called on the government to clarify its position on the politically contentious planned Nord Stream 2...
Russian state gas company Gazprom and Serbia’s Ministry of Mining and Energy have signed an agreement on the construction of natural gas (LNG) stations in the Balkan country, SEE News reports.
“Serbia and Gazprom will aim to provide LNG that will be produced in the country to ensure the...
