As the world's largest oil producers including Russia and the United States reported a decrease in oil production in September, oil prices rebounded on Tuesday from losses a day earlier, Reuters reports.
Still, a resumption in Saudi supply and demand concerns continued to keep a lid on prices, the news agency...
Despite a drop in output in September, the Russian oil stood at 11.24 million bpd, still above the quotas set by the global OPEC+ output deal, two sources familiar with the data told Reuters on Monday.
Under the deal agreed between OPEC member states and other oil producers, Russia has...
Russian coal companies will have to learn to work in a new environment since the decline of coal in western markets is an inevitable trend, experts told Vedomosti.
As European consumers choose cleaner gas, coal stockpiles European ports are growing in large ports across the continent, the business newspaper writes....
Kazakhstan plans to increase the transit of Russian oil to China by 30 percent after 2023, Kazakh oil pipeline operator Kaztransoil said, Hellenic Shipping News reported.
Russia’s Rosneft currently sends 10 million tonnes of oil annually to China through Kazakhstan under a deal which will last until 2023. Some of...
Kazakhstan is going to sign an agreement with Belarus on supplies of oil and oil products by 2019 year-end, Kazakhstan's deputy minister of Energy Aset Magauov told reporters on Friday, according to Belnovosti.
"It can be said we will sign by the year-end. We should hold a video conference with...
Russia plans to supply more than double the amount of grain to Venezuela this year, from 254,000 tons in 2018 to 600,000 tons, RIA Novosti reported citing a handout issued ahead of talks between Venezuelan and Russian leaders.
President Nicolas Maduro is visiting the Russian capital for discussions with his...
UK-based oil and gas equipment company Plexus Holdings has announced that its Russian licensee, Gusar, has installed the first wellhead for Gazprom as part of the previously announced contract to supply POS-GRIP rental wellhead gas exploration equipment to the Russian gas giant.
Following the completion of the sale of its wellhead exploration...
Russian and Italian businessmen and state officials marked the start of construction of the largest wind park in the country, located in Russia’s Arctic, 80 kilometers northeast of the city of Murmansk, the Barents Observer reports.
The spot will soon house 57 major wind turbines, making it Russia's largest wind...
Russian mining and metals company Mechel has launched an electrical substation by the Federal Grid Company of Unified Energy System (FGS UES) at its Elgaugol coal complex in Yakutia, connecting the facility to Russia’s power grid, Yakutia Media reported.
Elgaugol is developing one of the world’s largest deposits of high-quality...
State-owned rail operator Russian Railways has slashed rates for coal shipped to Black Sea ports by 7.4%, to encourage exports to Mediterranean and European destinations amid “unfavourable” prices and congested eastern rail routes, a spokesperson said on Monday, according to Montel.
The discount will last until the end of the year...
