Thursday, September 22, 2022
Russian coal shipments to Europe and the Asia-Pacific region have risen by 12 percent since the beginning of the year, according to the Russian Energy Ministry. Demand for coal has increased as a result of the global gas crisis; Izvestia asked exporters whether this is a long-term trend. Russian coal...
Russia fully complies with long-term contracts for gas supplies to the EU and does not manipulate prices on the EU gas market, Deputy Head of the European Commission (EC) Frans Timmermans said, commenting on the gas crisis in Europe. "Russia is fulfilling its gas supply contracts, we have no reason...
Alexander Dyukov, Chairman of the Board of Gazprom Neft, is confident that the oil demand will grow, Russian media reported. Gazprom Neft is ready not only to invest in new projects but also to respond promptly to market needs. There are reserve capacities to increase production, and shut-in wells are gradually...
The oil market is gradually recovering, and in 2022 will return to the level it was before the pandemic, Deputy Prime Minister of the Russian Federation Alexander Novak said during the forum "Russian Energy Week", which takes place on October 13-15 in Moscow. In the spring of 2020, when the...
Rosneft CEOs Igor Sechin and BP's chief Bernard Looney in Moscow discussed the possibility of delivering 10 billion cubic meters of gas to Europe at the Russian Energy Week forum, broadcasted by the Russia 24 TV channel and the "We Look" media platform. Sechin and Luni talked about gas supplies...
By the end of the year, Russian metallurgists will be confronted with the issue of increasing coking coal costs in the face of decreasing rolled steel prices. Already, the coal sector is more profitable than steel manufacturing. Coal prices are rising as a result of China's inability to deal...
Coal supplies from Russia to Europe and the countries of the Asia-Pacific Region (APR) have increased by 12% year on year since the beginning of the year, Energy Minister Nikolai Shulginov said in an interview with the Russia 24 TV channel. The Energy Ministry also notes an increased demand for...
The activity of energy companies in the issue of carbon neutrality is the higher, the worse they are provided with reserves of raw materials, Oleg Aksyutin, deputy chairman of the board of Gazprom, said at the St. Petersburg International Gas Forum. In turn, the vice-rector of St. Petersburg State University...
The gas contract between Hungary and Gazprom does not violate European law, European Union (EU) High Representative for Foreign Affairs and Security Policy Josep Borrell said in an interview with Reuters. "The EU countries are free to conclude bilateral agreements. As far as I know, there is nothing illegal in...
According to Kommersant, Ruskhimalliance (a joint venture of Gazprom and Artem Obolensky's Rusgazdobycha) has selected major suppliers of equipment for its liquefied natural gas and gas processing facilities in Ust-Luga. Mitsubishi Heavy Industries will provide six gas turbines for the LNG facility, while German Siemens will supply 12 gas...