Latest news
Gazprom set to regain its share in Lithuania’s gas market in 2017
In the last days of 2016, the biggest Lithuanian gas buyers inked contracts with Russian giant Gazprom which is expected to surpass Norway’s Statoil in terms of the bulk of the country’s gas needs for 2017.
read more... 04/01/2017
First ever agreement for export of Russian LNG to Kazakhstan is inked
Gazprom Export and Global Gas Regazification, the firm of Global Gas Group, inked the first ever agreement for supply small scale LNG by road transport from Russia to Kazakhstan.
read more... 30/12/2016
Rosneft and BP achieve dissolution of the refining joint venture Ruhr Oel GmbH in Germany
Russian oil giant Rosneft and its shareholder BP unveiled the completion of the deal to dissolve the refining and petrochemical Joint Venture Ruhr Oel GmbH (ROG) in Germany with effect from January 1, 2017.
read more... 30/12/2016
Gazprom supplied nearly one-third of Europe’s gas consumption in 2016
Europe has never bought so much Russian gas, even in the Soviet era.
read more... 29/12/2016
Daily: Oil prices near flat in calm trade ahead of Christmas
Crude oil prices did not change significantly on Monday in quite traded ahead of Christmas as the market waited to observe whether U.S. shale gas production would increase enough to offset projected output cuts by OPEC, Russia and other producers in 2017. Brent futures for February delivery fell 29 cents or 0.5 percent, to settle at $54.92 a barrel, while U.S. West Texas Intermediate crude for January gained 22 cents, or 0.4 percent, to close at $52.12 per barrel.
read more... 20/12/2016