Saturday, January 25, 2020
Turkey and Greece recently renewed a long-standing dispute over the balance of power in the Aegean and Mediterranean Seas despite the two countries being NATO allies, and Ankara is trying to draw Russia into the game as a possible ally, Kommersant writes. The situation in the region is complicated by...
Russian energy giant Gazprom could return to the Eurobond market in February after risks related to its dispute with Ukraine are removed, Interfax news agency reported on Thursday, citing a source familiar with the matter. Gazprom said late last year it had paid Ukraine $2.9 billion to settle a legal row, part of a...
Europe must show support for Russia’s Nord Stream 2 gas pipeline, since the United States would undermine Europe's transition to greener energy if its sanctions delayed the project, the head of Russia’s sovereign wealth fund Kirill Dmitriev said on Thursday, according to TASS. "We are not very happy with sanctions on...
Russia’s energy diplomacy at OPEC+ summits will continue to be represented by Alexander Novak as he kept his place as energy minister in the new government that President Vladimir Putin appointed on Tuesday, EPRussia reports. Novak, who worked in local and regional governments before he became a minister, has been...
Russian oilfield services company Novomet has signed the first contract with Saudi Aramco on oil and gas equipment supply and a second deal is under discussion, the chief executive of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said on Wednesday, according to TASS. " Aramco has already concluded the...
Belarus started importing oil from Norway on Tuesday after Russia, its main oil provider, suspended supplies earlier this month amid stalled talks on further strengthening economic ties between two countries, Belsat reports.  Belarusian state-run oil company Belneftekhim said its subsidiary bought 80,000 tons of crude oil from Norway, which is...
As Washington tightened sanctions against a number of oil-exporting countries, Russian crude exports surged last year, with shipments to the U.S. increasing threefold, the Russian Ministry of Economic Development has said, according to Forbes Russia. The volume of Russian oil exports was up 3.9 percent, according to customs data for...
Two little-known Russian companies that were awarded state contracts for oil and gas exploration in Syria last month have ties to Yevgeny Prigozhin, a secretive businessman and personal friend of President Vladimir Putin, a new investigative report by Novaya Gazeta has revealed. Syria's parliament last week approved the contracts for...
A court has lifted injunctions on Gazprom assets in the UK, Luxembourg, the Netherlands that had been frozen under court action brought by Ukraine’s Naftogaz, the Russian energy giant said on Tuesday, according to Reuters. “According to confirmations received by Gazprom from local consultants on Jan. 20, 2020, the injunctions...
A subsidiary of Russian state-run oil company Rosneft in Germany, Rosneft Deutschland GmbH, has completed the deal to acquire a 3.57% stake in BayernoilRaffineriegesellschaftmbH from British giant BP increasing its shareholding in the refinery to 28.57% from 25%, Russia’s biggest oil firm said in a statement According to Interfax, the...