Gazpromneft Orenburg has begun geological prospecting at the Kuvayskoye area, the licence for which it acquired at the end of 2014. Drilling has begun of a prospecting-and-appraisal well, with a projected depth of 4,0...
Europe’s gas storage operators are discussing plans to develop a common European storage mechanism to see off potential threats to the bloc’s gas supplies, the head of Italian gas grid company Snam told Re...
Russian gas export monopoly Gazprom said on Wednesday Ukraine had paid for enough Russian gas to last until March 6. “Gazprom has sent a letter to Naftogaz Ukraine that says that … without new payments the...
German utility RWE said it had closed the sale of its oil and gas production unit DEA to Russian billionaire Mikhail Fridman, confirming what a source familiar with the matter told Reuters earlier on Monday. The terms...
MOSCOW, Russian oil output was broadly unchanged in February, at 10.65 million barrels per day (bpd), as a rise in production at smaller producers offset a drop in output from Rosneft and others, Energy Ministry preli...
Ukraine’s state energy company will cut natural gas imports from Russia to keep the fuel flowing for the next six days as the former Soviet allies prepare for European Union-brokered talks in Brussels on Monday. NAK N...
A senior Russian official has dismissed Western media reports about Russia’s view on a final deal between Iran and the P5+1 group of world powers, saying Moscow has not lost interest in achieving a positive resu...
A large number of Iranian MPs are planning to prepare a bill to impose energy sanctions on the European countries, a lawmaker announced on Sunday. “The lawmakers have put this issue (preparing bill) on their age...
Saudi Arabian Oil Minister Ali Al Naimi discussed Opec and the oil market with officials from Russia and Algeria, Saudi state news agency SPA reported. Naimi met in Riyadh with Viktor Zubkov, chairman of state-control...
Egypt’s President Abdel Fattah El-Sisi and Russian President Vladimir Putin have signed an agreement for Russia to construct a nuclear power plant to generate electricity in Egypt, the Ahram Arabic news website ...