Russian gas and oil

Russian State Duma ratifies agreement on Turkish Stream

Russian State Duma ratifies agreement on Turkish Stream

Russia’s State Duma has approved ratification of the agreement between Russia and Turkey on construction of two lines of the Turkish Stream pipeline. The agreement was signed in Istanbul on October 10, 2016 and approved at the …

OPEC Sees Russia Delivering Cuts

OPEC Sees Russia Delivering Cuts

While Its Own Output Declines

State Duma Committee recommends to ratify Turkish Stream agreement

State Duma Committee recommends to ratify Turkish Stream agreement

The International Affairs Committee of Russian State Duma has recommended to adopt the draft law on ratification of the agreement between Moscow and Ankara on the Turkish Stream pipeline project. Lower house of parliament will discuss …

Georgia and Gazprom drawn line under era

Georgia and Gazprom drawn line under era

Tbilisi has not yet been freed from the 'phobia of gas' due to a possible lack of energy

Russia to start paying Georgia financial compensation for gas transit

Russia to start paying Georgia financial compensation for gas transit

Russia's Gazprom and the Georgian Energy Ministry reached an agreement, according to which Georgia will shift to a system of financial compensation for the transit of Russian gas into Armenia, the Georgian Deputy Prime Minister, Energy …

Gazprom Export offers Georgia package proposal on gas transportation to Armenia

Gazprom Export offers Georgia package proposal on gas transportation to Armenia

A regular meeting of the General Director of OOO Gazprom Export Elena Burmistrova and Georgia’s Energy Minister Kakha Kaladze took place in Minsk on January 10. Gazprom Export has offered a guaranteed …

Gazprom and Georgia to discuss gas transit to Armenia

Gazprom and Georgia to discuss gas transit to Armenia

Georgian Deputy Prime Minister, Energy Minister Kakha Kaladze will meet with the management of Gazprom Export to discuss the conditions for the transit of Russian natural gas to Armenia in 2017. "We have a position …

Russian gas flows to Europe, Turkey break new records

Russian gas flows to Europe, Turkey break new records

Cold weather across Europe triggers increased demand for Gazprom gas

Oil Prices Fall On Concerns Of Rising US Production

Oil Prices Fall On Concerns Of Rising US Production

Most analysts see tighter-than-previously-envisaged balances for 2017

Gazprom#039s 2016 non-CIS gas exports set record

Gazprom's 2016 non-CIS gas exports set record

Russia's Gazprom energy company set an industry record of 179.3 billion cubic meters of gas exported to non-CIS countries in 2016, Gazprom CEO Alexey Miller said. The 12.5% year-on-year increase is equivalent to …

Russia may cut oil supplies to Belarus - media

Russia may cut oil supplies to Belarus - media

Russia is planning to curtail oil supplies to Belarus in the first quarter of 2017 from 4.5 mln tonnes to 4 mln tonnes after the sides failed to hammer out a solution to the gas dispute at the end of 2016, Kommersant writes on Monday citing …

Crimea receives first gas from Kuban

Crimea receives first gas from Kuban

Gas from Krasnodar Territory has finally arrived to Crimea through a new gas pipeline, the pipeline will work normally in the near future, member of the State Duma Committee on Energy, former First Deputy Prime Minister of Crimea …

Russian oil output in 2016 sets record high

Russian oil output in 2016 sets record high

Russian oil and gas condensate production increased in 2016 by 2.5% and reached 547.499 tonnes, or 10.96 million bpd, up from 10.72 million in 2015.  December stood unchanged at 11.21 million barrels per day (bpd), flat month …

Gazprom to grant €310 mln for Turkish Stream construction

Gazprom to grant €310 mln for Turkish Stream construction

Board of Directors of Gazprom has approved a 310 million euros loan to South Stream Transport B.V. to finance the construction of the Turkish Stream gas pipeline, Gazprom said in a statement. The loan will be granted for 3.5 …

Gazprom to start LNG deliveries to Kazakhstan this year

Gazprom to start LNG deliveries to Kazakhstan this year

Russia for the first time in the history will supply low-tonnage liquefied natural gas to Kazakhstan. The corresponding contract was signed between 'Gazprom export' and 'Global Gas Regazification', the press service of the …

NCFD responsible for half of debts for consumed gas in Russia

NCFD responsible for half of debts for consumed gas in Russia

Situation with fuel and energy sector in the district remains complex due to accumulated debts

Gas supplies to Crimea from continental Russia started

Gas supplies to Crimea from continental Russia started

Russian President Vladimir Putin has given start to new gas supplies to Crimea from continental Russia on Tuesday, the President’s spokesman Dmitry Peskov said. The launch of the pipeline from the …

Russia#039s Economy Goes Out Of Recession

Russia's Economy Goes Out Of Recession

It can surprise next year by accelerating growth to 1.5%

EU#039s gas dependence on Russia hits new record

EU's gas dependence on Russia hits new record

The share of Gazprom's gas in the balance of non-CIS countries receiving Russian gas in 2016 reached 33.5%, after 31% in 2015. Gazprom Export's December corporate bulletin Blue Fuel notes a steady increase in the company's …

Turkish government ratifies agreement on Turkish Stream

Turkish government ratifies agreement on Turkish Stream

The Turkish government has ratified the agreement on the Turkish Stream with Russia, said a message posted on the website of Turkey’s Resmi Gazete (Official newspaper), Trend reports. Previously, the agreement was approved by the …

 Armenian regulator extends validity of Gazprom Armenia’s license

Armenian regulator extends validity of Gazprom Armenia’s license

The Public Services Regulatory Commission of Armenia decided to extend the validity of Gazprom Armenia company’s license for importing natural gas into the …

SOCAR grows overseas

SOCAR grows overseas

Azerbaijani State Oil Company plans to continue to expand

Oil Prices Rise On Expected Decline In US Crude Stocks

Oil Prices Rise On Expected Decline In US Crude Stocks

OPEC is shielding most of its Asian customers from the planned cuts

Gazprom may lose its biggest Turkish gas importer - media

Gazprom may lose its biggest Turkish gas importer - media

Russia's Gazprom may lose its biggest asset in Turkey, the Moscow Times reports with reference to the Kommersant newspaper. The Turkish authorities took over the Akfel holding – the country’s largest private gas importer …

Gazprom may halt gas transit to Europe in case of unauthorized gas withdrawal by Ukraine

Gazprom may halt gas transit to Europe in case of unauthorized gas withdrawal by Ukraine

Gazprom sees some risks for gas transit through Ukraine to Europe, and in case of unsanctioned gas tapping by Ukraine it may cut off supplies to the EU, CEO of Gazprom Alexey Miller said, TASS reports. "Indeed …

Russian government presents Turkish Stream agreement to State Duma for ratification

Russian government presents Turkish Stream agreement to State Duma for ratification

The Russian Government presented the Russian-Turkish agreement on the Turkish Stream gas pipeline project to the State Duma for ratification on Monday, TASS reports. "The goal of the Agreement is to create favorable, transparent …

Gazprom increases gas supplies to Europe by 11.9% from January 1 to December 15

Gazprom increases gas supplies to Europe by 11.9% from January 1 to December 15

Russia’s state-run gas giant Gazprom has supplied 170 bcm of gas to the non-CIS countries between January 1 and December 15, 2016, or 11.9% up against the same period of 2015, the company said in a statement, TASS reports. …

Russian government ratifies draft agreement on Turkish Stream

Russian government ratifies draft agreement on Turkish Stream

The Russian government has approved a draft law on ratification of agreement with the Turkish government on the project of Turkish Stream pipeline, the website of the government says. "To approve the draft federal law 'On …

 Putin and Merkel discuss Syria and purchase of Russian gas by Ukraine

Putin and Merkel discuss Syria and purchase of Russian gas by Ukraine

Russian President Vladimir Putin and the German Chancellor Angela Merkel have discussed by telephone the situation with Russian …

Monitoring the Oil Market After OPEC Agreement

Monitoring the Oil Market After OPEC Agreement

Indicators of the actual market balance