Tuesday, January 21, 2020
The United Arab Emirates (UAE), a key Gulf member of the Organization of the Petroleum Exporting Countries (OPEC) and the group’s main ally Russia said on Wednesday they were still committed to meeting in March to decide on future production policies, Reuters writes.  Russian news agency TASS reported citing an...
India is holding talks with Mongolia and Russia on coking coal imports to reduce dependence on already existing suppliers, Petroleum, Natural Gas and Steel Minister Dharmendra Pradhan said on Monday, according to VZ.ru. "India has been importing coal from Australia, which is good, but high-quality coking coal is also available...
A total of 477 million cubic meters (cm) of Russian gas were sold by Gazprom Export's Electronic Sales Platform (ESP) on Thursday – a new daily record high, S&P Global Platts reported. According to the company, sales on the ESP have soared since the start of 2020 as the Russian...
The Syrian parliament has approved contracts for oil exploration with two Russian companies in an effort to boost production hit by more than eight years of war and Western sanctions, Oil & Gas Eurasia reports. Syria’s State news agency SANA said the deals between Damascus and Moscow cover exploration and...
Russian diamond miner Alrosa does not want to follow its main rival De Beers and enter the lab-grown diamonds segment, despite its growing share in the global market, Asian Age reports. Alrosa finds that lab-grown diamonds can co-exist with natural diamonds if they are properly declared, the report says. The company accepts...
Russian companies are among the potential candidates to replace ExxonMobil as the U.S. energy giant prepares to cease its operations in Equatorial Guinea, the country's minister of mines and hydrocarbons Gabriel Obiang Lima has said, according to TASS. According to the state-run news agency, a company's spokesman said that ExxonMobil is...
The Nord Stream2 gas pipeline will be completed by Russia on its own, as there are no technological obstacles to overcome which would require outside assistance. This was announced by the head of Gazprom Alexey Miller in the program "Moscow. Kremlin. Putin" on the TV channel Russia-1. The head of Gazprom...
Russia has expressed readiness for fresh partnership with the Nigerian National Petroleum Corporation (NNPC) in the development of Nigeria’s multi-billion-dollar upstream, gas and power sectors, a high-ranking executive at NNPC has said, according to The Guardian Nigeria. A statement by the corporation’s Acting Group General Manager, Group Public Affairs, Mr....
Belarusian President Alexander Lukashenko has signed a decree introducing an environmental tax on the transit of oil and oil products through the country, the presidential press service said on Friday, according to Gazeta.ru. "For the purpose of forming a source of funds for response to potential environmental after-effects in case...
Two Russian oil companies controlled by the family of billionaire Mikhail Gutseriyev plan to increase oil supplies to Belarus this month, amid a wider energy spat between Moscow and Minsk, Vedomosti reported citing sources. The supply of oil from Russia to Belarus was abruptly halted on Jan. 1 with companies including Rosneft, Gazprom Neft,...