Sunday, August 25, 2019
Russian diamond mining giant Alrosa has named the largest pink diamond ever discovered and produced in Russia, “Spirit of the Rose,” after a legendary short ballet of the same name, Vesti.ru reports. The gem was created from a 27.85-carat clear pink rough diamond unearthed two years ago from the Alrosa-owned...
The trilateral Ukraine-EU-Russia talks on gas transit, scheduled for September 16, will take place after the formation of a new government and the composition of a delegation, the president's representative in the Ukrainian Cabinet of Ministers, Andriy Gerus, has said, according to Ukrinform. “We are in favor of extending this...
Ukrainian pipeline operator Ukrtransnafta said on Tuesday that Russian oil pipeline monopoly Transneft has paid it 2.9 million euros ($3.25 million) so far as compensation for contaminated oil that entered the Ukrainian pipeline network. This is an increase from 2.3 million euros previously paid.  On July 31, UkrTransNafta said that it...
Serbian media reported on Tuesday that the first part of the 403-kilometer section of Gazprom’s TurkStream gas pipeline in the country territory has been completed. The section stretches from the Bulgarian border to the city of Cuprija, according to Serbian newspaper Blic. Currently, construction works are underway at the second...
The biggest energy companies in Russia are interested in developing oil and gas fields in Turkmenistan, a government official has said, according to TASS. "Interest in developing oil and gas fields in Turkmenistan was shown by Rosneft, Lukoil, and Gazprom," Sergey Prikhodko, the government’s deputy chief of staff said in...
Despite decreased flows relating to the oil contamination crisis and a recent dip in gas exports, Russian oil and gas production climbed further in the first seven months of 2019, bneIntellinews reported citing data published by the energy ministry’s CDU TEK department. From January to July, crude oil and...
Cooperation with Kyrgyzstan on hydroelectric power plants could continue if Russian state company RusHydro receives compensations, First Deputy Chief of the Russian Government Staff Sergey Prikhodko said, according to Rambler. Kyrgyzstan and Russia signed an agreement on joint construction of four hydroelectric power plants on the Naryn River in Kyrgyzstan...
Gazprom could hold a secondary public offering (SPO) of an additional 3.7% of its quasi-treasury shares this autumn, bne Intellinews wrote citing a Bloomberg report. According to the report, the stake would be worth 200 billion rubles ($3 billion) at current valuations. The sources said foreign investors will buy the...
The operator of Russia’s Nord Stream 2 project, Nord Stream 2 AG, said on Monday that the process of laying pipelines in Swedish waters is almost finished and will be completed in October, Oil Capital reported. "Pipelay in the 510-kilometre long Swedish section of the Nord Stream 2 pipeline is almost...
Romanian offshore service provider GSP Offshore has secured two contracts for works in the Black Sea, Romania Insider reports. The company signed a contract for integrated drilling services with Russian energy giant Lukoil to explore the Trident perimeter, which is owned by Lukoil (87.8%) and Romanian state-owned gas producer Romgaz...