Latest news
Russia: Gazprom declares exports to Germany attain record high in 2016
Russian gas producer Gazprom declared on Monday its gas exports to Germany attained a record high last year and have increased since the beginning of this year.
read more... 17/01/2017
Georgia and Gazprom agreed on monetization and reduction of gas price
Georgian government officials on Wednesday agreed on new payment terms for transit of gas across the country by Russian-owned Gazprom.
read more... 13/01/2017
Daily (13.01.2017): Crude oil gains ground on supply reductions, record demand expectations from China
Crude oil prices boosted over 1 percent on Thursday on news that top crude producers, including Saudi Arabia and Russia, were reducing production to tackle a global crude oversupply and expectations for a record demand in China.
read more... 13/01/2017
Russia reduced oil output as part of the Vienna agreement
Russia started to cut oil production in early January by around 100,000 barrels per day following an agreement with OPEC to cap global crude output signed at the end of last year, as mentioned by sources in the industry.
read more... 10/01/2017
Russia’s gas output ramped up in 2016
Russia boosted its gas output in 2016 at over 650bn m³, about 0.6% more than the previous year, the statistics of the Central Dispatching Department of Fuel Energy Complex (CDU TEK) show.
read more... 05/01/2017