Russian | Egypt Oil & Gas
Europe Reduces Winter Gas Consumption
Europe’s gas consumption has significantly shrunk from August to January, due to unusually warm weather which decreased the use of household heating. This is in addition to soaring prices curtailing industrial o...
Russian Oil Supplies to China Up by 22% on year
China’s oil imports from Russia increased by 22% in September compared to the same month last year, but they lagged Saudi Arabia somewhat as independent refiners increased their purchases of cheaper Russian fuel...
Japan to Send LNG Cargoes to Europe Amid Russia-Ukraine Tensions
Japan announced that it will divert some liquified natural gas (LNG) shipments to Europe in response to U.S. and the European Union requests to do so, according to a Reuters report quoting the Japanese industry minist...
Russia’s Novatek Seeks Tie-Up With Qatargas
Novatek, Russia’s second largest gas producer, is interested in a tie-up with Qatargas, the world’s biggest LNG exporter, as it seeks to expand its gas trading business, Russian Energy Minister, Alexander Novak said a...
Gazprom Expects Record Gas Exports to Europe in 2016
Russian energy giant Gazprom expects that its gas exports to Europe will reach record levels in 2016 as in March the export levels recorded a 9% increase year-on-year, Sputnik News reported. According to Gazprom, its ...
Turkey’s Nuclear Reactor on Track despite Rift with Moscow
Turkey’s President, Recep Tayyip Erdogan said that the rift between Turkey and Russia over the downing of a Russian fighter jet followed by diplomatic tension and Moscow-imposed trade sanctions on Ankara, would not ha...
Iran Waiting for Mexico and Venezuela to Make OPEC Price Moves
Mexico is willing to work with OPEC if the group tries to stabilize crude markets and level out oil prices, Iran’s Oil Minister Bijan Namdar Zanganeh said after talks with Mexico’s labor secretary Alfonso Navarrete Pr...
Post-Sanction Iran May Push Russian Oil Out of the Way
In Iran’s push for a nuclear deal, it’s had few better allies than Moscow. But if an agreement is reached this week, President Vladimir Putin’s regime will have at least one reason to reflect on its support. Russia, w...
