Russian gas and oil

US warns sanctions on Nord Stream 2 possible

The U.S. stepped up its opposition to the Nord Stream 2 natural gas pipeline, saying the project raises security concerns and that it could draw U.S. sanctions, U.S. Deputy Assistant Secretary of State for Energy …

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Will Russia to build Nord Stream 3?

Gazprom does not exclude the possibility of building the Nord Stream 3, Deputy CEO of the gas holding Alexander Medvedev said. "If Europe states its needs and is ready to sign required contracts, then I do not …

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Russia freezes gas production

Russia does not plan to increase gas production in 2018, freezing it at the level of 2017, Russian Minister of Energy Alexander Novak said, adding that everything will depend on the weather conditions. "As for …

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Finland approves Nord Stream 2 laying

The Government of Finland issued a conditional permit to use its exclusive economic zone for construction of the Nord Stream 2 gas pipeline, the government’s office said. "The decision [was made] in respect of using the …

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Germany fully approves Nord Stream 2 laying

Germany has approved the construction and operation of the Nord Stream 2 gas pipeline, its operator and the German maritime authority said. The Nord Stream 2 operator said it expected that other four countries along the route of the …

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 Naftogaz wants $20 billion more from Gazprom

Ukrainian energy firm Naftogaz intends to prove in a new arbitration dispute that the company under-received funds due to the abnormally low cost of gas transit via the Ukrainian territory, Naftogaz Commercial Director Yuriy …

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Will Kiev leave Europe without gas?

Kiev warned the European Commission about possible unforeseen situations in Ukraine's gas transport system, the spokesperson of the European Commission Anna-Kaisa Itkonen said. "The Ukrainian authorities …

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Gazprom obliged to pay Naftogaz $2.56bln

The Arbitration Institute of the Stockholm Chamber of Commerce has imposed a $4.63-billion penalty on Russian energy giant Gazprom over its gas transit dispute with Ukraine’s national oil and gas company Naftogaz, the Ukrainian company said …

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Russia breaks records of gas exports

Gazprom broke the absolute daily record for exporting gas to non-CIS countries, the information department of PJSC Gazprom reported. "The second day in a row, Gazprom improves the maximum historical indicator of the daily gas …

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