Latest news

Gazprom Export supplies 1st LPG from Russia to China by rail

Gazprom Export has for the 1st time supplied liquefied petroleum gas by rail from Russian Federation to the People’s Republic of China. This was done as part of the preparations for exports from the Amur gas processing plant, which is under construction at the moment.

read more... 15/11/2019


US Shale Output to Overtake Oil and Gas Production From Russia by 2025 - IEA

The total US shale output will overtake production of oil and gas in Russia by 2025, according to the Stated Policies Scenario outlined in World Energy Outlook report released by the International Energy Agency (IEA) on Wednesday.

read more... 13/11/2019


Russia and Ukraine on the brink of gas war

After December 31, gas transit through Ukraine will continue under the following conditions: resumption of direct purchases of Russian gas and zeroing of mutual legal claims. It is about the Ukrainian side’s waiver of the claim for almost 22 billion dollars. This was recently announced by the head of Gazprom, Alexey Miller, during a meeting with the German government’s commissioner for gas transit through Ukraine.

read more... 07/11/2019


Ukraine ready to stop gas transit with Russia - Orzhel

Ukraine seeks to preserve revenues from Russian gas transit but is ready to stop it from January 1, 2020, Minister of Energy and Environmental Protection Oleksiy Orzhel has said.

read more... 05/11/2019


Lukoil to sign $10 bln oil supply contract with Hungary's Mol

Russia’s second-largest oil producer Lukoil will sign a contract worth $10 billion to supply oil to Hungarian energy company MOL, Lukoil Chief Executive Vagit Alekperov said on Wednesday.

read more... 31/10/2019