Tuesday, June 16, 2026
The Gazprom-owned Akademik Chersky vessel, which was being considered for the completion of the Nord Stream-2 gas pipeline, left the port of Kaliningrad and headed to Germany, according to data from the Marine Traffic Vessel Tracing Portal. The port of Lauffen, a river port in the state of Baden-Württemberg, is...
Russian investment group A-Property has hired energy services company TechnipFMC to design a $10 billion liquefied natural gas operation in the north of the country that it hopes to complete by 2025 and sell LNG to Asia, Energy World reported. A-Property spokeswoman Anastasia Kharitonova told Reuters that the plant and surrounding infrastructure in the remote northern...
The Belarusian government is mulling over the possibility of importing American oil into the republic through Poland, and the discussion of this issue will be resumed after the quarantine Poland had imposed on its territory due to coronavirus is lifted, First Deputy Prime Minister of Belarus Dmitry Krutoy told...
Russia's largest gas producer Gazprom said on Wednesday it was supplying natural gas to China as planned after the company's contractor said it was suspending works at a China-assigned field, Energy World reported. Stroytransneftegaz, a contractor working for Russian energy giant Gazprom at the Chayanda gas field in Siberia, said earlier on Wednesday it...
The Ministry of Finance is expecting an average oil price in 2020 of $30 dollars per barrel, Kommersant reported. In an interview with Vedomosti newspaper, Finance Minister Anton Siluanov stated that Russia has created the necessary financial buffers and will live even at a price of oil of $10. According to...
Transit of Russian natural gas through Ukraine’s gas transmission system dropped to 15.5 bln cubic meters, or by 40% from January to April 2020 compared with the same period last year, press service of Gas Transmission System Operator of Ukraine (GTSOU) reported on Monday. "In January-April of this year, gas...
Sonatrach has signed a memorandum of understanding (MOU) with Russia’s Lukoil for talks on possible partnerships in production and exploration in the North African country, Algeria’s state energy firm said on Monday, Reuters reported. The agreement includes discussions on joint investment abroad, Sonatrach said in a statement. Sonatrach has signed similar...
Diamond producer Alrosa warned on Tuesday that its production plans for this year may change as it prepares to suspend two mining projects due to falling demand and sales caused by the coronavirus outbreak, Reuters writes. From May 15 it will halt the Aikhal underground mine and Zarya open pit,...
Oil prices jumped again on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several U.S. states began to ease coronavirus lockdown measures, Reuters informs. West Texas Intermediate (WTI) crude CLc1 futures were up 9.6%, or $1.95, at $22.34...
Uzbekistan plans to more than double its power generating capacity over the next 10 years, with half of new capacity coming from solar plants and wind farms, the Central Asian nation’s government said on Monday, Reuters reported. The former Soviet republic of 34 million aims to increase its capacity to...