Wednesday, December 11, 2019
British oil giant BP has sold the first ever batch of crude oil supplied from the United States to Ukrainian state company Ukrtatnafta, Reuters reported. The move is seen as another blow to Moscow amid heavy political pressure from Washington and an oil contamination crisis which has affected Russian exports. "The...
Russian gas monopoly Gazprom said the company is developing the northern gas transmission corridor in Russian territory, which will feed gas into Nord Stream 2 pipeline, Novoe Vremya reported.  The gas giant said that Nord Stream-2, a construction project for a gas pipeline with the annual capacity of 55 billion...
The world’s second-largest aluminum company, Russia’s Rusal, and American holding company Braidy Industries Inc. plan to jointly produce flat-rolled aluminum products for the U.S. automotive industry in Ashland, Kentucky, Rusal’s press service said on Monday, according to TASS. Rusal will have a 40% share in the new project, while Braidy...
Azerbaijan and Russia cooperate in a number of spheres with energy cooperation being one of the leading directions of this strategic partnership, AzerNews reports. Moscow and Baku have discussed directions of further cooperation in the energy sector, with discussion Parviz Shahbazov, the Azerbaijani Energy Minister, and his Russian counterpart Alexander...
Russia’s President Vladimir Putin has declared Kaliningrad “energy independent” from neighboring countries as he commissioned a terminal feeding liquefied natural gas (LNG) directly into Russia’s Baltic enclave nestled between Poland and Lithuania, RBC reports. Russia’s gas giant Gazprom had pledged in 2013 to complete construction of the LNG terminal...
The Russian ruble edged lower on Tuesday, reflecting a sharp fall in oil prices the day before, Reuters reported. At 0809 GMT, the rouble was 0.14 percent weaker against the dollar at 57.58 and had lost 0.3 percent to trade at 70.95 versus the euro. Oil fell by 2.4 percent on Monday,...
The next round of negotiations between Ukraine, Russia, and the European Commission on the transit of Russian gas through Ukraine after 2019 could be held in the coming weeks, Vice President of the European Commission, Maros Sefcovic has said, according to Ukranews. "I'm set to host the next round of...
Argentina's largest shale oil and gas field, Vaca Muerta, will use oil and gas equipment produced by a Russian manufacturer, the head of World Business Partners Argentina, Olesya Kazakova, which represents the interests of a number of Russian and Argentinean enterprises, told RIA Novosti. The agreement followed several working visits...
Twelve industrial centers in ten Russian regions have pledged to reduce atmospheric emissions by 20% by 2024 under the Ecology national project, TASS reported. According to the press office of Russia’s Natural Resources Ministry, Ramil Nizamov, deputy Head of the Federal Service for the Supervision of Natural Resources (Rosprirodnadzor), told...
Mozambique plans to sign an agreement with Russia’s Rosneft and U.S. company ExxonMobil on gas field exploration in the north of the country by the end of 2018, the African country’s Minister of Foreign Affairs and Cooperation Jose Pacheco has said, according to Southern Times Africa. The plan is to...