In October, oil production in Russia amounted to 9.9 million bpd
In October, Russia’s oil production amounted to 9.9 million bpd, Deputy Prime Minister Alexander Novak told reporters. Earlier, Novak said that in November, production will remain…
Russia expects oil market to return to pre-crisis level in 2022 — Deputy Prime Minister
Alexander Novak pointed out that the volatility in the oil market was not very high now, but the factor of the new strain had to…
Russian Energy Minister: Global Oil Investment To Drop By One-Third
Global investment in oil is set to plunge by one-third this year due to the coronavirus and its effect on economies and oil demand, Russia’s…
Novak: Oil Price of $ 40 per Barrel Reflects Real Situation in Market
Today’s oil quotes objectively reflect the supply and demand situation that arose under the restrictive measures introduced to combat the COVID-19 coronavirus, Russian Energy Minister…
Minister: Russia expects record gas supplies to Europe
“Russia’s gas exports are growing by 6-7% annually. This year there will be the most record gas deliveries to Europe. We are reaching peak volumes…
Russia raised its forecast for oil production in 2018
The Ministry of Energy of the Russian Federation revised upward the forecast of oil production in Russia in 2018. “Due to the recent decision on…
NOVATEK shipped first LNG cargos to China
PAO NOVATEK has shipped its first cargos of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. Today,…
Energy ministers of Russia and US to discuss situation in gas markets
The head of the Ministry of Energy of Russia Alexander Novak told the media what issues he will discuss with US Energy Secretary Rick Perry…
Novak urges to speed up construction of gas pipelines bypassing Ukraine
Russian Energy Minister considers it necessary to speed up the construction of the Nord Stream-2 and Turkish Stream gas pipelines bypassing Ukraine in order to…
Iran and Russia to create Joint Venture to build gas pipeline to India
Russia and Iran will set up a joint venture to implement the Iran-Pakistan-India gas pipeline project, Russian Energy Minister Alexander Novak told journalists. “It’s about…
New gas war between Russia and Ukraine
Gazprom starts dissolving all previously signed contracts with Ukraine. The Russian gas holding company announced this on March 2 in the evening. The company’s chairman,…
Gazprom Neft presents 2 oilfields study results to NIOC
Russia’s Gazprom Neft PJSC presented the results of its studies on development of Iran’s Cheshmeh-Khosh and Changouleh oilfields to National Iranian Oil Company (NIOC) on…
Gazprom and Turkey Consider Signing Protocol of Turkish Stream
Construction of one of the most important pipelines of Gazprom, which will strengthen the position of Russian gas in the European market, is at the…