Russian gas and oil

Biden: Nord Stream 2 pipeline is 'bad deal' for Europe

U.S. President Joe Biden believes the Nord Stream 2 natural gas pipeline is a "bad deal for Europe" and his administration will be reviewing restrictions on the project included in a bill that passed during the Trump administration, the …

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Germany approves resuming Nord Stream 2 pipeline work

Germany's Federal Maritime and Hydrographic Agency (BSH) on Friday said construction on the controversial Nord Stream 2 pipeline can restart immediately. A statement from the agency gave approval for an anchor-position vessel …

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Germany to discuss creation of  foundation for Nord Stream-2

The German state of Mecklenburg-Vorpommern plans to set up a foundation to facilitate the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany and to fend off the threat of increased U.S. sanctions that halted work last …

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Germany still rejects US sanctions against Nord Stream 2

Berlin is still considering Nord Stream 2 as an economic project, deputy official representative of the German Cabinet of Ministers Ulrike Demmer said at a briefing in the German capital. She stressed that neither the attitude of the …

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Akademik Chersky returns to Nord Stream-2 area

According to the data of the international positioning system of sea vessels, the Russian pipe-laying vessel Akademik Chersky, after staying off the coast of Kaliningrad for a month, returned to the Nord Stream-2 gas pipeline area in the …

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Oil production in Russia falls to ten-year low

According to the data of the Central Dispatching Department of the Fuel Energy Complex,  oil and gas condensate production in Russia decreased by 8.6% - to 512.68 million tons in 2020. Thus, the largest reduction was documented in …

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Gazprom extends contract for gas supplies to Armenia

Russian natural gas holding Gazprom has extended the contract for the supply of gas to Armenia in the first quarter of 2021, according to Gazprom Export. The contract was extended on December 30 by Gazprom Export LLC and Gazprom …

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