Gazprom was faced with a real risk of spreading the Third Energy Package to Nord Stream-2, which could prevent the company from fully utilizing the gas pipeline’s capacity in the future, Kommersant reported.
According to the German newspaper Handelsblatt, the German Federal Grid Agency intends to refuse the Russian project...
The Academic Cherskiy pipe-laying vessel, previously called by the Russian Minister of Energy Alexander Novak, the possible equipment for the completion of the Nord Stream-2 gas pipeline, is approaching Bornholm Island in Denmark's exclusive economic zone (EEZ), located in the vicinity of the pipeline construction stoppage, according to tracking...
Russia’s energy giant Gazprom predicts that the volume of pipeline gas exports will significantly decline compared with last year, Head of the Financial and Economic Department Alexander Ivannikov said, commenting on the company’s financial report under the 2019 International Financial Reporting Standards (IFRS), Vedomosti writes.
The company expects that its...
Russia’s largest petrochemical company Sibur will supply two cargoes of liquefied petroleum gas (LPG) to India in May for the first time ever as it looks for new markets after demand in Europe fell sharply due to the coronavirus outbreak, Reuters reported citing traders and shipping data.
Most European countries...
Russia’s crude oil production will go down by around 10% in 2020 due to OPEC+ restrictions compared with 2019 when it reached the record 560.2 million tons, Energy Minister Alexander Novak said at a meeting on energy development issues headed by President Vladimir Putin on Wednesday.
"Currently companies are preparing...
Belarus will receive 1.13 million tons of oil from Russia in May, while cooperation with alternative oil suppliers continues, the press secretary of state oil concern Belneftekhim said on Wednesday, according to Afn.by.
"Deliveries from Russia are confirmed in the amount of 1.13 million tonnes for May. Cooperation with alternative...
Gas workers in Russia’s Far East staged a mass rally to demand better working conditions and more transparency amid a reported coronavirus outbreak at their gas field, local media in Yakutia reported Tuesday.
Footage from the Russian energy giant’s Chayanda field, which supplies China with natural gas through the recently launched Power of...
Russia has increased its production of liquefied natural gas (LNG) by over 17 percent in the first two months of 2020 despite the difficult market situation, Energy Minister Alexander Novak has said, according to RIA Novosti.
"Over the past year, LNG production has increased by over 50 percent compared to...
Russian oil producer Tatneft has cut its output by around a fifth this month, before a global supply deal takes effect in May, because storage capacity is full and European demand is weak, according to sources and data seen by Reuters.
Facing an historic oversupply, Russia and a number of...
There are no reasons for oil prices to return to high levels but the new OPEC+ oil production cut deal can make fluctuations smoother, press secretary of the Russian President Dmitry Peskov said on Monday in an interview with the Rossiya-24 TV Channel.
"There is no occasion to expect the...
