Russia | Egypt Oil & Gas - Part 5
Saudi Arabia Deepens Its Oil Cuts in July
Saudi Arabia announced that it will be deepening its oil cuts for July, pushing the prices up 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. This was company announced this in a regulatory disclosure without revealing any d...
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 mark...
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, Reuters added. “The European market remains relevan...
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 talks with Ru...
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. The Yamal-Europe pipeline carried continuous eastward na...
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. In an earlier statement, the company said that it would send 42.5 mmcm....
Russia Threatens to Stop Gas Shipments to Europe
Russian President Vladimir Putin has threatened to halt all energy shipments to Europe if Brussels implements its proposed plan to cap the price of Russian gas. The threat came in the midst of a speech by Putin at an ...
