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Russia offers Ukraine short-term gas deal

Russian energy minister Aleksander Novak has said that Russia has offered Ukraine the opportunity to extend an existing gas transit agreement to the end of 2021.

read more... 29/07/2019

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Russia’s oil output rebounds from 3-year-low

Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said, after output had dropped to nearly 3-year lows in the 1st days of July, Oilprice reported.

read more... 22/07/2019

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Turkish Stream Pipeline is Almost Finished, Gazprom Says

Last week Russian state-owned gas giant Gazprom invited bank analysts on a trip to inspect the construction work on the Turkish Stream (aka TurkStream) pipeline. They report work on the pipeline is on schedule and that it is 90% complete and should go online before the end of the year.

read more... 12/07/2019

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Polish Gdansk port H1 crude arrivals hit record high on Druzhba outage

According to Platts, Poland's oil pipeline operator PERN said crude deliveries to Gdansk's Naftoport increased almost 30% year on year in the 1st half of this year to 8.3 million mt, a record high, as a result of the suspension of Russian pipeline deliveries.

read more... 11/07/2019

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Russian oil output falls to near 3-yr low in early July - sources

Russian oil production fell close to a three-year low in early July, to 10.79 million barrels per day (bpd), dragged down by declining output at Rosneft , the country’s largest oil producer, industry sources told Reuters on Tuesday.

read more... 10/07/2019

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