Latest news

Asian companies to substitute Western energy majors if they quit

Asian firms will substitute Western majors if they leave energy projects in Russia because of sanctions over Moscow's role in Ukraine, as stated by Natural Resources Minister Sergei Donskoi.

read more... 23/09/2014

news

Russia’s Gazprom, affected by Ukraine crisis, deals with the lowest gas production in history

Russian gas producer Gazprom is expected to register its lowest production this year since its foundation a quarter of a century ago after halting supplies to Ukraine and losing market share to local competitors.

read more... 19/09/2014

news

Gazprom declares to be unable to satisfy increasing gas demand from Europe for the moment

Russia's Gazprom declared on Wednesday it is unable to satisfy increasing gas demand from Europe while it creates stockpiles prior to winter, weakening the ability of Europe to supply Ukraine with gas. Slovakia, Poland, Romania and Austria have all registered insignificant declines in shipments recently from Russia, which is involved in a dispute with the European Union over the crisis in Ukraine.

read more... 18/09/2014

news

EU requires more time for Opal gas pipeline decision, specifying Ukraine tension

EU authorities, mentioning tension in Ukraine, have solicited a delay until at least the end of October on whether to authorize Russia bigger access to the Opal natural gas pipeline in northeastern Germany, as stated in a letter seen by Reuters.

read more... 17/09/2014

news

Russian gas to Slovakia traversing Ukraine at the lowest level since 2011

Russian natural gas deliveries entering Slovakia from Ukraine have decreased by approximately 17 percent, attaining the lowest volumes since at least 2011, as shown by data from Slovak pipeline operator Eustream.

read more... 16/09/2014

news