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Category: Russia

Russia to provide extra gas supplies to Europe if necessary, vows upper house speaker

Europe’s gas crisis deteriorated this autumn after it’s spot prices soared past $1,000 per 1,000 cubic meters and approached $2,000 per 1,000 cubic meters amid…

Russia cannot be blamed for gas crisis in Europe, says ex-BP CEO Dudley

Russia cannot be blamed for gas crisis in Europe, Chairman of the Oil and Gas Climate Initiative (OGCI), ex-CEO of BP, Bob Dudley told TASS…

Russia may earn additional $50 bn from rising oil and gas prices

Oil and gas revenues of the Russian budget and extra-budgetary funds in 2021 may grow by almost 70% compared to the level of 2020 or…

Moldova interested in long-term contract with Gazprom, says Deputy PM

Andrei Spinu said that during his trip to Russia he was unable to discuss this issue with Gazprom CEO Alexei Miller, due to objective circumstances,…

Putin predicts growth in oil consumption until 2045

The rate of oil consumption until 2024 will grow by 0.7% per year, gas prices will also rise, said Russian President Vladimir Putin at a…

Putin Looks To Limit Wealth Fund Spending

Russian President Vladimir Putin has ordered the government to decide whether it is viable to limit the spending of the Russian sovereign wealth fund in view of…

BOTAŞ discusses 3-year extension of Turkish Stream contract

The Turkish gas transportation monopoly BOTAŞ is discussing with Gazprom the conclusion of a new medium-term (three-year) contract for the supply of gas via Turkish…

Mishustin instructed to prepare the economy for the global rejection of oil and gas

Russian Prime Minister Mikhail Mishustin on September 20 instructed to develop a plan for adapting the Russian economy to the global energy transition by the…

Price of AI-95 gasoline hits new record in Russia

The price of AI-95 gasoline at the Saint-Petersburg International Mercantile Exchange (SPIMEX) has once again hit a record, Report informs, citing foreign media. Today, the price for…

LUKoil President Reveals Plans for the North Caspian

LUKOIL has submitted for approval the reserves of the Severo-Rakushechnoye field in the amount of about 30 million tons, the president of the company, Vagit…

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