Russian energy producer Rosneft might have to postpone the expansion of its liquefied natural gas (LNG) plant on the Pacific island of Sakhalin for minimum two years, according to sources, after prices declined and financing all but dried up because of Western sanctions.
read more... 08/04/2015
Ukraine's national energy company Naftogaz has requested for 1 billion cubic meters of gas imports from Russian giant Gazprom, tripling the volume it received in March, according to Russian Energy Minister Alexander Novak.
read more... 07/04/2015
Ukraine has inked a new deal to purchase Russian gas over the next three months at $248 per thousand cubic metres, as stated by the Ukrainian energy ministry on Thursday.
read more... 02/04/2015
Russia could permit more oil firms to access its offshore projects, as stated by Energy Minister Alexander Novak on Friday.
read more... 30/03/2015
British oil major BP anticipates to ink an agreement with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to turn into a stakeholder in the multi-billion dollar project that wishes to diminish Europe's dependence on Russian gas.
read more... 26/03/2015