The price of Russian natural gas for Belarus should be lowered since, "in this difficult time", Russia sells it to Europe priced at $70 per thousand cubic meters, while Minsk continues to buy at $127, President Alexander Lukashenko said on Thursday, RIA Novosti reported.
According to Sputnik Belarus, the Belarusian...
The Russian government has extended a contract for Igor Sechin, a close ally of President Vladimir Putin, to stay as the chief executive officer of giant oil producer Rosneft for five more years, Vedomosti daily reported on Wednesday, Reuters reported.
The daily, citing three people familiar with the situation, said...
The Joint Ministerial Monitoring Committee (JMMC) meeting will be held on June 8, 2020, most probably in a video format, while ministerial meetings of OPEC and non-OPEC states will be held on June 9 and 10 as planned, sources in delegations told TASS.
"The JMMC meeting will be held on...
By the end of the year, the oil market might re-balance itself, as excess stocks will continue to be reduced, with the price of Brent crude potentially reaching $40, Izvestia reported.
Russia’s oil major Rosneft may сut back its investment program by 200 bln rubles (about $2.7 mln) as...
Russian state oil giant Rosneft plans to build a port with maximum annual capacity of 115 million tonnes of oil for its Vostok Oil project in the Russian Arctic, the RIA news agency quoted the company as saying on Tuesday.
Rosneft said in a statement previously on Tuesday that the...
Russian Minister of Energy Alexander Novak and U.S. Secretary of Energy Dan Brouillette discussed the situation on the global oil market and measures undertaken to stabilize it by telephone, TASS reports, citing the Russian Ministry of Energy.
"The current condition and prospects of the global market along with undertaken collective...
Rosneft has initiated drilling of exploration wells as part of the Vostok Oil project in Arctic Russia, Chief Executive Officer of the Russian oil major Igor Sechin said at the meeting with President Vladimir Putin, TASS reported.
"One of promising greenfield projects, which will also give new volumes to the...
Russian state-controlled oil giant Rosneft exercises leverage over the country’s leading business newspaper Vedomosti through multibillion-dollar debt held by its bank, a multi-outlet investigation said Tuesday.
The findings follow widespread suspicion of Rosneft’s involvement in high-profile censorship scandals at Vedomosti, including its new chief editor changing a headline on the Russian government’s...
OPEC countries plan to hold a general meeting in June in the form of a video conference, with the exact date still being negotiated, Radio Sputnik reports with citing its source.
Members of the organization after the meeting in April agreed to hold the next scheduled meeting in the form...
