Serbian President Aleksandar Vucic said that at the talks in Washington he refused to buy "expensive gas instead of cheap," TASS reported.
"It says that we must diversify sources of energy supply. It had the continuation we successfully fought to throw it away. They wanted us to make commitments...
Russian state gas producer Gazprom has started direct rail shipments of liquefied petroleum gas (LPG) via a new bridge to the Crimea peninsula which Moscow annexed from Ukraine in 2014, Gazprom executives have said and shipments data showed on Thursday, Reuters reported.
Shipments have started via the road-to-rail bridge, whose...
German Chancellor Angela Merkel faced growing pressure on Thursday to reconsider the Nord Stream 2 pipeline, which will take gas from Russia to Germany, after she said Kremlin critic Alexei Navalny was poisoned with a Soviet-style nerve agent.
Merkel said on Wednesday that Navalny, who is being treated in a...
Germany is against exterritorial sanctions of the United States and has communicated its position to Washington, particularly as regards measures against the Nord Stream 2 pipeline, Foreign Minister of Germany Heiko Maas said on Tuesday at a press conference after talks with his Chinese counterpart Wang Yi, TASS reports.
"We...
Russian natural gas giant Gazprom’s second-quarter net income more than halved from the year-earlier period to 149.2 billion rubles ($2 billion), but it said energy markets were recovering from the impact of the COVID-19 pandemic, Reuters reported.
Oil and gas producers across the world have been affected by lower prices...
The Nord Stream 2 gas pipeline is an economic project and it must be completed, German Chancellor Angela Merkel said at a press conference on Friday, TASS informed.
"Our opinion is that the Nord Stream 2 must be completed," she said. "I consider unreasonable to link this economic project to...
The OPEC + agreement is yielding positive results, and Azerbaijan will strive for 100% fulfillment of its obligations within the deal, the country's Energy Minister Parviz Shahbazov said during a video conference with the participation of the co-chairs of the Azerbaijan-Kazakhstan Intergovernmental Commission on Trade and Economic Cooperation on...
Russia’s Rosneft has resumed drilling in the high-cost Arctic Kara Sea after a six-year hiatus, its CEO Igor Sechin announced in mid-August. The move comes despite the company making steep cuts to its upstream spending in response to the pandemic and its economic impact, Petroleum-Economist reported.
Interest in Russia’s Arctic...
Gazprom PJSC said Friday that pretax profit fell 82% in the second quarter on the back of falling oil prices and energy consumption due to the coronavirus pandemic.
The Russian oil-and-gas company said pretax profit dropped to 25.4 billion Russian rubles ($339.0 million) in the three months to June 30,...
Russian state development bank VEB said on Monday it will provide a 55 billion rouble ($741 million) loan for Gazprom’s liquefied natural gas project near the Baltic Sea port of Ust-Luga, Reuters repoted.
The project will comprise building both a gas processing complex with an annual capacity of 45 billion...
