Last month, the Polish anti-monopoly authority UOKiK ruled that a fine of about 6.5 billion euros be imposed on Gazprom over the project, accusing Gazprom and its European partners of failing to notify Warsaw about the start of a joint venture for the pipeline's construction.
The Austrian oil and gas...
Russian Energy Minister Alexander Novak plans to hold talks with domestic oil firms on Monday about the global oil output pact that was reached between OPEC and its allies, a group known as OPEC+, Interfax reported.
Russian oil and gas condensate output rose to 9.98 million barrels per day (bpd)...
Russian President Vladimir Putin praised his U.S. counterpart Donald Trump on Thursday for his role in stabilizing global oil markets, but criticized his administration for sanctioning Russia 46 times, Reuters reported.
Putin made the comments at an investment forum in Russia five days before Trump runs against Democratic rival Joe...
Russian pipe-laying vessel Akademik Cherskiy, expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline, is heading towards the German project hub of Mukran, Reuters reported citing Refinitiv Eikon data.
According to the ship tracking data, the vessel is due to arrive at Mukran port - where...
The Islamic State has called on its members to start targeting Saudi Arabia oil infrastructure as punishment for the Kingdom warming up to Israel, RT writes.
“Targets are plenty…Start by hitting and destroying oil pipelines, factories, and facilities which are the source (of income) of the tyrant government,” a spokesman...
Kazakh President Kassym-Jomart Tokayev and Chevron CEO Michael Wirth explored the company’s prospects in the country’s oil and gas sector during a video conference call, the Akorda press service reported.
Tokayev and Wirth focused on Chevron’s activities in Kazakhstan and it’s projects in the country’s hydrocarbon sector amid the ongoing...
Russia’s top gas producer Gazprom plans to sell around 6 mln tonnes of liquified natural gas in 2020 and boost volumes starting 2021 due to commissioning of new projects, Deputy Chairman of Gazprom Management Committee, Chief Executive Officer of Gazprom Export Elena Burmistrova said in an interview with a...
Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin, RT reported.
The comments could be merely jawboning to a market that is desperately seeking reassurances that oil production will...
Gazprom sees the development of hydrogen energy as an opportunity for its further development, TASS writes.
The company is currently negotiating with European partners on joint work in hydrogen projects, head of Gazprom Export, Elena Burmistrova said while speaking at the 13th Eurasian Economic Forum. Gazprom Export is the export...
If Washington proceeds with sanctions against the Russia-led natural gas pipeline, Nord Stream 2, it will hurt a wide range of Western contractors and investors involved in the undertaking, the project operator has warned, RT reported.
“If imposed, could directly hit more than 120 companies from more than 12...
