Azerbaijan's state energy company SOCAR on Tuesday said the country's oil and gas infrastructure was safe thanks to measures taken by the army amid military conflict in the region of Nagorno-Karabakh.
The worst spate of fighting between Armenia and Azerbaijan since the 1990s has raged in the Armenian-occupied region of...
Russian gas giant Gazprom expects its gas supplies to Europe to reach at least 170 billion cubic meters (bcm) in 2020, down from 199 bcm in 2019, a company manager said on Tuesday, Reuters reported.
Sergei Komlev, in charge of pricing at Gazprom’s exporting arm, also told an online conference...
Production of oil and gas condensate in Russia is projected at 507.4 mln tonnes in 2020, a 9.5% decrease compared with 2019, whereas gas output is expected to drop by 6.4% to 690.8 bln cubic meters, according to the country’s social and economic development for 2021 and the planned...
Implementing the Nord Stream 2 gas pipeline project on the heels of Washington’s actions has now become “a matter of honor” for Germany, Russian Foreign Minister Sergey Lavrov said at Thursday’s press conference, TASS reported.
"I think the time has now come for us to calm down on this topic,...
Russia rejects U.S. attempts to oppose the Nord Stream 2 gas pipeline project by forging a coalition of project opponents, spokeswoman of the Foreign Ministry, Maria Zakharova said on Wednesday, TASS reported.
"We condemn calls for forging a certain coalition against the pipeline, wherein German and other companies have already...
Lukoil is designing a polypropylene plant with the capacity up to 500,000 tonnes of processed feedstock per year at its refinery in Kstovo, the Nizhniy Novgorod Region, the Russian oil producer told TASS on Tuesday.
"The plant construction can be initiated after design completion and the final investment decision taking...
Moscow is hoping that the German government will remain committed to implementation of Nord Stream 2, a major gas pipeline project, Russian Ambassador to Germany Sergei Nechayev said in an interview with Germany’s Berliner Zeitung late on Tuesday, TASS reported.
"It adheres to all European regulations and obtained all...
Pumping gas through the Power of Siberia pipeline, which supplies gas to Russian consumers in the Far East and China, resumed on Tuesday after scheduled maintenance work, Gazprom said.
"Scheduled maintenance work on the Power of Siberia gas pipeline has been completed. Gas transportation, as planned, has been resumed today...
Gas contributes only a fraction of Germany’s energy consumption, and Russian gas only a fraction of that, so it is wrong to say that the Nord Stream 2 pipeline will make Germany dependent on Russian energy, Finance Minister Olaf Scholz said, as reported by Reuters.
Asked about the flagship Kremlin...
Belarus will channel about $330 million of its new loan from Russia to cover its outstanding debt to Russian gas giant Gazprom, Russian Finance Minister Anton Siluanov said, Reuters reported citing TASS.
Russia will send Belarus the first $1 billion tranche of a $1.5 billion loan by the end of...
