The world’s second-biggest oil exporter, Russia, is planning to cut overseas shipments of its seaborne crude from the country’s western ports next month, to curb a record surge in domestic fuel prices, RT reported.
The exports of Urals crude from Russia’s western ports will be slashed by up to 20...
Just 36% of 30 bln tonnes of oil reserves are profitable, Deputy Energy Minister of Russia Pavel Sorokin wrote in his article for the Energy Policy magazine, TASS informed.
"According to data of fields’ development economics inventory completed on the instruction of the Russian government, just 36% out of 30...
The decision to build the natural gas link from Russia to Europe was made long ago and ditching the project may lead to an array of legal trouble, Germany’s Minister for Environment, Nature Conservation and Nuclear Safety warns, RT reports.
“If we stop the project now, we will inflict a...
Gazprom has registered in Mongolia Gazoprovod Soyuz Vostok, a special purpose vehicle to deal with design and survey and the feasibility study for the project of building a main gas pipeline across Mongolia for gas deliveries to China, the Russian gas holding says on Friday, TASS reported.
"The Soyuz Vostok...
Russian pipe-laying and other vessels are heading to Nord Stream 2 pipeline construction sites in the Baltic Sea, ship tracking data showed on Friday, amid U.S. pressure to scrap the project that aims to pump more Russian gas to Europe, Reuters reports.
Work on Nord Stream 2 pipeline, which will...
European Union lawmakers are expected to support a resolution on Thursday calling for the bloc to stop the completion of the Nord Stream 2 gas pipeline to take Russian natural gas to Europe, in response to the arrest of Kremlin critic Alexei Navalny, Reuters reports.
Navalny, Russian President Vladimir Putin’s...
The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday, Reuters reports.
“We’re taking note of the announcement with regret,” an...
The U.S. is willing to lift sanctions against the Nord Stream 2 gas pipeline if Europe suspends its construction, adviser to U.S. President-elect Joe Biden, Nicholas Burns, told the German newspaper Handelsblatt.
“The Europeans must stop the construction of Nord Stream 2, and the Americans must suspend the sanctions. This will...
The Russia-led Nord Stream 2 consortium is not resuming work to complete the subsea gas pipeline to Germany just yet, daily Handelsblatt reported on Friday, citing a consortium spokesman, amid pressure from Washington to halt the project, Reuters reported.
A Danish maritime regulator said last month construction work would resume...
