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Category: Russia

In June, Russia produced 9.57 million barrels per day of oil

Oil production in Russia, excluding gas condensate, in June amounted to 9.568 million barrels per day, the OPEC + deal was completed by about 93%,…

Nord Stream 2: US and Germany reach deal on controversial Russian gas pipeline

The US says it has reached a deal with Germany to prevent Russia from using its Nord Stream 2 gas pipeline as political leverage over…

“Rosstat” for the first time calculated the share of oil and gas in Russian GDP

“Rosstat” for the first time calculated the share of the oil and gas sector in Russia’s GDP – at the end of 2020, it amounted to 15.2% and…

Russia announced an increase in the volume of “green” generation

Russia will almost double the volume of “green” generation in three years, said Russian Prime Minister Mikhail Mishustin. “The energy sector is also developing, which…

The share of oil and gas revenues in the budget of the Russian Federation decreased to 30.5%

Receipt of income significantly exceeded the forecast. They rose to almost 5.3 trillion rubles, stated the head of the Cabinet of Ministers Mikhail Mishustin on…

Novak: construction of Nord Stream 2 will be completed by the end of the year

The construction of the Nord Stream 2 gas pipeline will be complete by the end of 2021, and it will be put into operation, said Russian…

LUKOIL wants to be the operator of the Dostlug project in the Caspian Sea

LUKOIL would like to be the operator of the Dostlug project in the Caspian Sea, the president of the company Vagit Alekperov told reporters on…

SOCAR, Gazprom discuss cooperation in gas sector

President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev has met with the head of the Russian oil and gas company Gazprom, Alexei Miller. Report informs, citing…

Gazprom resumed supplies to Turkey via Blue Stream

The planned shutdown of the Blue Stream Black Sea gas pipeline from Russia to Turkey completed ahead of schedule, and gas supply resumed on May…

Russian government announced plans for the development of electric transport

The Ministry of Economic Development of the Russian Federation announced plans for the development of electric transport. Over the next nine years – until 2030,…

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