Russia's gasoline prices will not drop after the oil price slide, but their increase is also unlikely, Deputy Finance Minister Alexei Sazanov said. "I do not think that the gasoline prices will fall but they …
Russian Foreign Minister Sergei Lavrov, on a visit to Mexico, said that the Russian government has got used to the United States threatening to impose sanctions against everyone, who are in contact with the Venezuelan government …
Bulgaria is ready to ensure transit gas supplies to Greece and North Macedonia from the Turkish Stream pipeline starting January 1, 2020 chief executive of state gas network operator Bulgartransgaz Vladimir Malinov said. …
OPEC and its allies have reached a consensus on the need to extend oil output cuts after March 2020, Oman's Minister of Oil and Gas Mohammed bin Hamad Al Rumhi said. "I think that we should extend the …
Russia’s Energy Minister Alexander Novak expects the Nord Stream 2 project to be implemented in the applied variant despite the delay with Denmark’s issue of permit. "The project is being …
EastMed, a mixed offshore/onshore Israeli, Cypriot and Greek natural gas pipeline designed to connect gas resources in the Eastern Mediterranean Sea to continental Europe via Greece may be the perfect U.S. response to claims that the sanctions …
U.S. Energy Secretary Rick Perry and Saudi Arabia Energy Minister Khalid Al-Falih agreed to counter Iran's attempts to "destabilize" the global oil market. Perhaps, it was caused by the …
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. …
The Russian government has banned exports of Russian oil and petroleum products to Ukraine, Russian Prime Minister Dmitry Medvedev said. "[The Russian government] bans exports of Russian oil and petroleum products …
The Nord Stream-2 gas pipeline project will make Ukraine’s gas transport system unclaimed, energy holding Naftogaz Ukrainy CEO Andrei Kobolev said. "We will lose entire transit. Because there is also the …
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 …
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 …
Ukraine's Naftogaz succeeded in arresting more than $2.6 billion of Gazprom foreign assets, chief executive of Naftogaz Andrei Kobolev said. Kobolev added that hearings will be held in Switzerland, Britain and …
International Brent crude futures climbed back to $60 per barrel today, with OPEC cutting output and on easing concerns over weak demand growth. Around 0940 GMT, Brent crude for delivery in March hit $60 for the first time in 3.5 weeks …
Qatar is withdrawing from the Organization of the Petroleum Exporting Countries (OPEC) early next year, Qatar's energy minister Saad al-Kaabi said. Speaking at a news conference, al-Kaabi said the country would …
Gazprom determined the Turkish Stream gas pipeline's route passing through the territory of Bulgaria, Serbia, Hungary and Slovakia. It is expected that deliveries to Bulgaria and Serbia will begin in 2020, to Hungary - in 2021, and …
U.S. oil prices wavered early today as investors continued to wrestle with rising crude supplies against lingering questions about demand. Global benchmark Brent crude is now down about 24% from its peak in October, with January Brent …
The price of Brent crude oil fell below the $70-a-barrel mark today for the first time in seven months, moving to the brink of bear-market territory. As of 15:57 (MSK), Brent crude reached $69.87 a barrel on ICE Futures Europe. Brent …
U.S. President Donald Trump said in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products from nations other than Iran to permit a reduction in purchases from that …
The construction of the sea part of the Turkish Stream pipeline will be completed in two months, Gazprom CEO Alexei Miller said. The construction of the Turkish Stream pipeline is underway," TASS cited …
