New Delhi plans to boost imports of coking coal, anthracite, and pulverized coal from Russia to 40 million tons per year. The supplies, worth around $4.5 billion, are intended to meet the needs of India’s steel industry, Russia Today writes.
The news was first reported by Kommersant business daily on...
Smart LNG is a joint venture between Russian independent gas company Novatek and shipowner Sovcomflot. BRL reported that financing is approved for the newbuilding programme, stretching the employment to 2028. Leasing arrangements have now been signed allowing construction to start. Financing will be provided by Russian-based VEB.RF.
The first five...
Russian state-controlled Gazprom's share of the European gas market fell on the year in the second quarter, the firm said, Argus Media reported.
The firm had a 39.2pc share in the EU — excluding the Baltic states — and Turkey, Switzerland, Norway, the UK, Albania, Serbia, North Macedonia and Bosnia...
President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the biggest ever discovery in the Black Sea, and hopes to begin production by 2023, World Oil reported.
The lira and benchmark share index both gave up gains, though, possibly reflecting disappointment among investors...
Rosneft Deutschland GmbH, a Rosneft subsidiary, has started into-plane fuel supplies in Germany’s Stuttgart Airport, the Russian oil producer said on Thursday, TASS reported.
The company plans further increase in production and jet fuel sales in Germany and on the European market as a whole. Rosneft Deutschland clinched several deals for...
US lawmakers are ramping up threats against the construction of the Nord Stream 2 pipeline that will carry natural gas from Russia to Germany, Russia Today reports.
Boom Bust talks to Bill Hederman, of the Kleinman Center for Energy Policy about the role of the Unites States in the Russia-EU...
Brazil’s state oil major Petrobras has launched a new phase in the development of the first deepwater oil project since the start of the crisis, at the Mero field in the Santos Basin, Russia Today reported.
According to a report by BNAmericas, the Brazilian major had commissioned a floating production,...
Russian oil companies reported lower refinery throughput in Q2 due to reduced demand for oil products, S&P Global reported.
Motor fuel demand was severely affected by movement restrictions introduced in April to combat the spread of coronavirus, although demand rebounded in June and by July reached or even exceeded last...
The European Commission has confirmed communication between the EU and the US Department of State regarding the US sanctions against the Nord Stream 2 gas pipeline, TASS writes.
Earlier on Friday, German newspaper Die Welt reported that 24 EU countries had contacted the US Department of State and expressed...
