Alexei Kokin

Brent oil reaches $50

Oil prices have continued plunging on Friday as the spread of coronavirus worldwide keeps global oil demand low. International Brent crude was trading at $50.22 per barrel at 0600 GMT on the ICE Exchange in London on Friday for a …

Brent oil reaches $50

Germany expects Nord Stream 2 to be launched in a year

Germany expects the Nord Stream 2 pipeline will be launched no later than the first quarter 2021, German Ambassador to Russia Geza Andreas von Geyr said. The diplomat noted that he had discussed this issue with Chairman …

Germany expects Nord Stream 2 to be launched in a year

Oil prices dive as coronavirus spreads

Brent crude, the international benchmark, fell $1.79 a barrel, or 2.95%, to $58.90 per barrel by 0903 GMT, having earlier fallen more than 3% to its lowest level in almost three months.  West Texas Intermediate also fell, down by …

Oil prices dive as coronavirus spreads

Serbia completes its Turkish Stream segment

Serbia completed the pipelay on its segment of the Turkish Stream gas pipeline, chief executive of Srbijagas Company Dusan Bajatovic said. "Yes, we can state with pleasure that Serbia completed its portion of work, …

Serbia completes its Turkish Stream segment

What's in Power of Siberia for Russia?

Russia has started gas supplies to China via the Power of Siberia pipeline today. The official opening ceremony was attended by Russian President Vladimir Putin and Chinese President Xi Jinping via a TV …

What's in Power of Siberia for Russia?

Russia cannot disclose plans on OPEC+ deal yet

Russia’s position on the future of the OPEC+ agreement cannot be disclosed yet, Russian Energy Minister Alexander Novak said. He said there was no decision yet on whether to exclude Russian gas condensate …

Russia cannot disclose plans on OPEC+ deal yet

Europe to be connected to Turkish Stream next year

Construction of the second line of the Turkish Stream gas pipeline will be completed by 2020, Russian Foreign Minister Sergey Lavrov said after talks with the Deputy Prime Minister, Foreign Minister of Bulgaria Ekaterina …

Europe to be connected to Turkish Stream next year

"One can forget about oil at $100 per barrel"

Russia’s Energy Minister Alexander Novak expressed an opinion that everyone has forgotten about oil at $100 per barrel. "We live based on mid-term oil price assumptions of $50 ... Our budget is based in …

"One can forget about oil at $100 per barrel"

Poland to stop buying Russian gas?

Poland will not buy Russian gas after 2022, the government’s strategic energy infrastructure commissioner Piotr Naimski said. “Both Baltic Pipe and expansion of the liquefied natural gas (LNG) terminal is …

Poland to stop buying Russian gas?

What to expect after July OPEC+ summit?

OPEC+, a group of 24 oil-producing countries, look set to extend oil supply cuts this week at least until the end of 2019 as Iran joined top producers Saudi Arabia, Iraq and Russia in endorsing a policy aimed at propping up the price of crude …

What to expect after July OPEC+ summit?

Oil price drops back to $60

Oil prices fell today amid a global economic slowdown that is starting to hit oil demand, triggering calls in producer club OPEC for supply cuts to be extended. Brent crude futures, the international benchmark for oil prices, were …

Oil price drops back to $60

China stops buying Iranian oil

China and a number of other states have stopped buying oil from Iran after the U.S. announced a decision not to extend exemptions from its sanctions for certain countries, the Wall Street Journal reported, citing sources in the Iranian oil …

China stops buying Iranian oil

EU Gas Directive comes into effect

The updated EU Gas Directive came into effect today, European Commission Spokesperson Anna-Kaisa Itkonen confirmed. “A procedure has been launched to adapt the national legislations of the EU …

EU Gas Directive comes into effect

Gazprom net profit doubles in 2018

The net profit attributable to shareholders of Russian gas giant Gazprom doubled to 1.456 trillion rubles in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement posted on its website. …

Gazprom net profit doubles in 2018

OPEC deal overfulfilled by 55%

The OPEC states reduced oil production by 534,000 barrels a day in March to 30.02 million barrels a day, mostly due to reduction in Saudi Arabia, Venezuela, Iraq and Iran, OPEC said in a report. Thus, the OPEC+ oil output cut deal was fulfilled …

OPEC deal overfulfilled by 55%

Russia to boost its share on LNG market

Russia’s Energy Minister Alexander Novak said that the share of liquefied natural gas (LNG) on the global gas market may double to reach 70% by 2040. According to him, the segment of LNG production has "huge …

Russia to boost its share on LNG market

Gasoline prices decline in Russia

Retail prices of the regular (Ai-92) and the premium (Ai-95) gasoline declined in a number of Russian regions last week, according to data provided by the Central Dispatching Department of Fuel Energy Complex. It was the first decline …

Gasoline prices decline in Russia

Venezuela crisis puts oil market in panic mode

Oil rose today, shaking off persistent concern about the outlook for demand after the U.S. government said it could impose sanctions on OPEC member Venezuela's crude exports. Brent crude futures were up 10 cents at $61.24 a barrel …

Venezuela crisis puts oil market in panic mode
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.