Zvezda Shipyard Starts Work on Aframax Tanker
Russia’s Zvezda shipyard has commenced production on another Aframax tanker and the vessel will be named after Nursultan Nazarbayev, the first President of the Republic of Kazakhstan.
Russia | Egypt Oil & Gas - Part 16
Lukoil Implements Oil-Associated Gas Utilization Project
Russian multinational oil corporation, LUKOIL, has implemented an oil-associated gas utilization project at the Sredne-Nazymskoye field in KhMAO-Yugra.
Hungary Signs Deal to Purchase 4.2 bcm From Russia
Hungary has signed a year agreement with Russia’s Gazprom for 4.2 billion cubic metres (bcm) of gas from the period of October 2020 to October 2021.
Poland Signs Contracts Worth $483 MM For LNG Terminal Expansion
Poland has significantly invested in expanding its liquified natural gas (LNG) terminal in Swinoujscie by signing contracts worth $483 million.
Belarus to Import 5.75 MM Tonnes of Russian Oil by Pipeline for Q3 2020
The Belarusian state-petrochemical complex, Belneftekhim, has agreed to import 5.75 million tonnes of Russain oil in Q3 2020.
Russia to Decrease July Oil Exports After Rise in Domestic Demand
Russia is set to further reduce its overseas supply of Urals Crude oil in July due to an unexpected spike in domestic demand as COVID-19 restrictions ease.
Saudi, Russia Agree to Extend Oil Cuts
Saudi Arabia and Russia have agreed to extend the existing oil cuts by another month and intend to ramp up pressure on non-compliant oil producing nations.
Gazprom Signs Long-term Gas Supply Contract with Greece
Russian State-run Gazprom has signed a decade-long contract to supply Greece with natural gas running from 2020 to 2030.
Russia’s Oil Production Nearing Compliance with OPEC+ Cuts
Russia’s oil production fell to between 8.59 - 8.69 million barrels per day (mmbbl/d) in May, nearing Moscow’s previous pledge of reducing production to 8.5 mmbbl/d.
Amur Gas Plant Project at 62% Completion
the Amur Gas Processing Plant (GPP) construction project, one of the largest infrastructure projects of the company in Russia's Far East, has reached 61.9% of its completion.
