Russia’s biggest oil company Rosneft and the state-run Indian Oil Corporation (IOC) have agreed on deliveries of 40,000 barrels of crude per day to India via the port of Novorossiysk by the end of this year, ET Energy World reports.
The deal was signed during Rosneft CEO Igor Sechin’s visit...
Russia’s energy giant, Gazprom, is certain that gas supplies countries outside of the CIS (Commonwealth of Independent States) in 2018 will increase compared to last year, Alexander Medvedev, Deputy Chairman of Gazprom’s Management Committee, told Vedomosti.
"It’s difficult to say for sure right now how much we will supply this...
Russia and France are successfully cooperating in the nuclear sector and are convinced it has good perspectives globally Alexei Likhachev, the CEO of Russia’s state nuclear corporation Rosatom said in an interview with France’s Le Figaro on Thursday.
"We maintain partner relations with France in various regions of the world. Apart...
Russia is set to expand in the global coal market as it plans to increase shipments of the fuel and the cost advantages appear increasingly stacked in its favor, Reuters writes.
Already the third-largest supplier to the seaborne market, behind Indonesia and Australia, Russia is moving to take advantage...
Russian President Vladimir Putin said on Wednesday that Bulgaria seems to be holding up the construction of Gazprom’s TurkStream gas pipeline on its territory and added the country could be bypassed if needed, Reuters reports.
Putin was speaking in the Russian Black Sea city of Sochi following talks with Serbian...
Vagit Alekperov, president of Lukoil, is confident that the company will successfully overcome the cycle of low oil prices and continue to implement its strategy, he said in a statement in the company annual report released on Tuesday, as reported by TASS.
"I am sure that we will successfully overcome...
Russia’s oil production in 2019 will be in line with the country’s commitments under a global deal with OPEC and non-OPEC oil producers to cut output, Energy Minister Alexander Novak said in a preliminary estimate, according to Reuters.
Oil production in Russia is expected to total 556-557 million tons this...
The Russian Ministry of Industry and Trade has developed and approved a plan for localizing the production of critical LNG equipment for the country, with a price tag of around $10 billion, an official from the ministry has told the Izvestya newspaper.
The plan includes creating new scientific developments for gas...
Russian companies should take part in tenders for the further development of gas fields in the Qatar, the Arab country’s ambassador to Russia Fahad bin Mohammed Al-Attiyah said on Sunday, according to RIA news agency.
"The fields have been developed, but there is an addition or expansion , which has...
