Russia | Egypt Oil & Gas

Saudi Arabia Deepens Its Oil Cuts in July

Saudi Arabia announced deepening its oil cuts for July pushing the prices higher despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve.

 Gazprom Establishes Middle East Unit

Gazprom, the Russian majority state-owned multinational energy corporation, is establishing unit in the Middle East, Reuters reported.

G7 to Assess Level of Price Cap on Russian Oil in March

According to the U.S. Treasury, the Group of Seven officials have decided to evaluate the level of the price cap on Russian oil exports in March rather than January, as initially anticipated, in order to give the ...

Russia Ready to Resume Gas Supplies to Europe via Yamal-Europe Pipeline: Novak

Moscow is prepared to restart gas shipments to Europe via the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.

Egypt, Russia Discuss Energy Cooperation

On the sidelines of the ministerial meeting of the Gas Exporting Countries Forum (GECF), which concluded its activities yesterday in Cairo, Minister of Petroleum and Mineral Resources Tarek El Molla held a joint s ...

Russian Gas Continues to Flow to Europe Despite Nord Stream 1 Halt

Natural gas shipments through major routes from Russia to Europe continue to be steady, even with the Nord Stream 1 pipeline remaining closed, Reuters reported.

Gazprom to Send 42.4 mmcm Natural Gas Shipment to Europe via Ukraine

Russian energy giant Gazprom announced that it will send 42.4 million cubic meters (mmcm) of natural gas to Europe via Ukraine, Reuters reported.

Russia Threatens to Stop Gas Shipments to Europe

In a confrontational address in which he vowed that Russia will win the war in Ukraine, Russian President Vladimir Putin threatened to stop all energy imports to Europe if Brussels moves forward with a plan to cap ...

Russia Shuts Down Nord Stream 1, Gazprom Says Restarting It Depends on Siemens Energy

As Russia throws Europe deeper into the abyss by shutting down Nord Stream 1, an official from the country's state-owned gas company Gazprom said that Europe's biggest natural gas pipeline will not resume gas flow ...

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