Russia | Oil & Gas Feed

From January to October 2024, Russia boosted its pipeline gas exports to Europe by more than 15%, reaching 26.52 bcm, TASS reported based on daily data from Gazprom on transit through Ukraine and the European Network of Transmission System Operators for Gas (ENTSOG). In the same period of 2023, Russian pipeline gas supplies to Europe […]

The draft “General Scheme for the Placement of Electric Power Facilities Until 2042” proposes the construction of 11 new large and small nuclear power plants in Russia, in addition to those currently existing and under construction. The draft “General Scheme for the Placement of Electric Power Facilities Until 2042” was released for public discussion on […]

Russia and Azerbaijan will jointly build oil tankers, Russian President Vladimir Putin announced on August 19 following talks with Azerbaijani president Ilham Aliyev in Baku. “The Russian United Shipbuilding Corporation, together with the Baku Shipyard, will begin producing modern river-sea class tankers for the transportation of oil products,” said the Russian leader. The use of […]

Increased supplies of liquefied natural gas (LNG) from Russia’s Novatek (NVTK.MM) mean the company is close to overtaking Kremlin-controlled Gazprom (GAZP.MM) as the country’s leading fuel supplier to Europe,...

Russia’s revenues from the export of oil and petroleum products in June 2023 fell by $1.5 billion, or 11.2%, to $11.8 billion compared to May,...

Iran, with the participation of Russia, Turkmenistan, and Qatar, seeks to create a gas hub in the Asaluye industrial area in the southern Iranian province...

Greece significantly reduced purchases of pipeline gas in Russia by more than 56% in the first quarter of 2023. The operator of the Greek gas...

Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to three industry...

Russia has stopped the supply of crude oil to Poland via the Druzhba pipeline.

Russia’s Lukoil will stop exports from its Caspian oilfields via the Baku-Tbilisi-Ceyhan (BTC) pipeline from December due to Western sanctions and divert them to the...

In October, Russia’s oil production amounted to 9.9 million bpd, Deputy Prime Minister Alexander Novak told reporters. Earlier, Novak said that in November, production will remain...

Russia and Turkmenistan intend to deepen joint work on geological exploration and development of oil and gas fields. Such plans are included in the declaration...

The Wall Street Journal, citing OPEC delegates, reports that some OPEC members are considering suspending Russia’s participation in the OPEC+ deal amid Western sanctions. The...

Oil prices extended gains on Tuesday after the EU agreed to slash oil imports from Russia, fuelling worries of a tighter market already strained for...

Lukoil Vice President Leonid Fedun believes that Russia needs to reduce oil production by a third. According to him, oil companies bear the costs of...

Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub, Russian Deputy Prime Minister Alexander Novak...

Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels at sea, data from energy analytics firm Vortexa...

Russia’s Gazprom on Saturday halted gas exports to neighbouring Finland, in the latest escalation of an energy payments dispute with Western nations. Gazprom Export has...

Gas stations of the Anglo-Dutch company Shell stopped selling fuel in Russia, but cafes and shops at gas stations continue to operate, a company representative...

Azerbaijan does not intend to compete with Russia in the European gas market, Azerbaijani President Ilham Aliyev said. “We never even thought of competing with...