Russian pipeline operator Transneft announced Monday that oil pumping through the Druzhba pipeline was suspended for nine hours due to an emergency on the Polish section of the link, News.ru reports.
A representative of Transneft told reporters that oil pumping through Druzhba was suspended at 19:50 on Sunday, September 22, and...
Russian oil and gas company Surgutneftegas has commissioned a new Lenskoye field with proven oil reserves of 40 million tons, the company said in a press release on Saturday, according to Interfax.
The new field was dedicated to the 15th anniversary of the East Siberian oil and gas province development.
"Taking into...
Ukraine has not yet received a Russian reply to its proposal in which the country is seeking a substantial payment from Russia for use of its pipelines to move Russian gas into Europe from 2020, Naftogaz CEO Andriy Kobolyev said on Friday, according to Reuters.
Russia and Ukraine failed to reach...
Political scientist and economist Alexander Dudchak estimated the tariff for transit of Russian gas voiced by Ukraine's Naftogaz for 2020-2024, as reported by RIA Novosti.
According to the expert, Kyiv offers only profitable options for itself. The presented calculation is just an attempt to pretend that the Ukrainian company is...
Gazprom is willing to go with a short-term extension of its gas transit contract with Ukraine, the Russian gas giant’s CEO Alexey Miller said on Thursday after talks with Ukraine and the European Union, according to Reuters.
“There is a risk that Ukraine will not be able to... create an...
Russia’s biggest oil producer, Rosneft, will help India with its energy security efforts against the backdrop of the drone attacks on Saudi Aramco, the oil giant’s CEO Igor Sechin said at a meeting this week with India’s oil minister Dharmendra Pradhan, Economic Times reports.
The attacks last weekend caused the...
The total value of Russia's oil reserves is estimated at 74.5 trillion rubles ($1.2 trillion), almost double the valuation compared to a year ago, the country’s Ministry of Natural Resources and Environment has said, according to RBC.
The total value of hydrocarbons, gold, diamonds, copper, and iron ore is...
Russia and Uganda have signed an intergovernmental agreement on cooperation in the development of nuclear energy resources in the East African country, news agency Regnum reports.
The agreement was signed on the sidelines of the 63rd International Atomic Energy Agency (IAEA) General conference in Vienna by Nikolay Spassky, Deputy Director...
Bulgaria has begun construction of Balkan Stream, an arm of Gazprom’s TurkStream gas pipeline through the country to Serbia, Bulgarian Prime Minister Boyko Borisov announced at a briefing following talks with Russia’s Minister of Industry and Trade, Denis Manturov.
The construction will be completed by early 2020, Manturov told reporters...
