U.S. shale energy production is on course to overtake the output of Russia’s entire oil and gas sector by 2025, the International Energy Agency (IEA) said in its influential annual review of the global energy market, The Moscow Times reports.
The intergovernmental organization predicted falling dominance of Russia and the...
Infuriated by being left without gas in freezing temperatures, dozens of residents of the city of Khasavyurt in the east of the Russian Republic of Daghestan tried to forcefully enter the office of a local Gazprom subsidiary, RBC reported on Tuesday.
A video was posted on Facebook which shows a dozen or so...
The engineering department of Qatar University has signed an agreement with Russia’s largest oil company Rosneft on cooperation in research and technology development in the oil and gas industry, Gulf Times reports.
"The agreement with Rosneft is in line with the university’s policy of developing cooperation with local and international organizations...
Oil reserves of the Russian Arctic zone amounted to 7.3 billion tons, while the region’s natural gas reserves stand at about 55 trillion cubic meters, Russia’s Minister of Natural Resources Dmitry Kobylkin said on Wednesday, according to TASS.
"Oil reserves of the Russian Arctic zone are estimated at 7.3 billion...
Natural gas company Moldovagaz has agreed in principle to a three-year extension to its existing supply contract with Russia's Gazprom, the Moldovan company said on Tuesday, according to Natural Gas World.
Moldovan energy ministry officials are set to meet transportation partners in Romania and Ukraine to discuss how this will...
A court in Moscow has extended the pre-trial detention for the remaining two partners in private equity fund Baring Vostok, Ivan Zyuzin and Vagan Abgaryan, who until January worked with Russia’s top fund manager Michael Calvey, Znak reports.
Calvey was also arrested and charged with fraud earlier this year but was...
The largest refiner in India, state-run Indian Oil Corporation (IOC), is considering Russian crude imports to meet growing demand in one of Asia’s fastest growing economies, the company’s chairman has said, according to The National.
“When it comes into buying options, we would prefer to have as wide options as possible. Our...
Russia’s second-biggest oil producer, privately-owned Lukoil, does not plan to invest in Saudi Aramco’s planned initial public offering, its CEO and biggest shareholder, Vagit Alekperov, told reporters on Monday, according to Reuters.
Saudi state oil giant Aramco plans to start the offering, set to rank it as the world’s most...
The Polish Office of Competition and Consumer Protection (UOKiK), the country’s anti-monopoly body has fined French energy giant Engie 172 million zloty (around 40 million euros) for failing to provide information regarding its involvement in Russia’s Nord Stream 2 gas pipeline, Reuters reported.
“The company has stubbornly and in an unjustified way refused...
The construction of the second stage of the Bushehr nuclear power plant jointly with Russia has started in Iran, IRIB broadcaster has reported, TASS reported.
The ceremony was attended by Head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi.
The Bushehr nuclear power plant (NPP) is being developed as...
