Russian gas and oil

World to run out of gas

World to run out of gas

According to the Qatari Minister, in the next few years, natural gas will be in greater demand in the world than other resources. However, based on current trends, it can be assumed that there will be a shortage of it.

What does Red Sea crisis mean for Russian oil and gas?

What does Red Sea crisis mean for Russian oil and gas?

A surge in oil tanker earnings extended as the disruption to traffic through the Red Sea lifts the cost of hauling some barrels. Rates for vessels carrying fuel from the Middle East to Asia have almost tripled since the United States …

Russia remains Turkey's main energy supplier

Russia remains Turkey's main energy supplier

Russia has retained its position as the main supplier of natural gas and oil to Turkey in 2023, the Turkish Hurriyet newspaper reported, citing data from the Energy Market Regulatory Authority. Moreover, Russia is the main exporter of …

Russia breaks record for gas supply to China

Russia breaks record for gas supply to China

Russian energy corporation Gazprom said it set a new daily record the previous day for gas supplies to China through the Power of Siberia pipeline. According to Gazprom, total gas exports to China via the pipeline amounted to 22.7 …

Kazakhstan hikes oil transportation tariff rate for Russia

Kazakhstan hikes oil transportation tariff rate for Russia

KazTransOil raised the tariffs for Russia's oil transportation through Kazakhstan's section of the Tuimazy-Omsk-Novosibirsk-2 oil pipeline (TON-2) from January 1, 2024  by 37 cents. Tariff rates for oil transportation …

Russia and Türkiye to agree on gas hub in month

Russia and Türkiye to agree on gas hub in month

Türkiye plans to start negotiations with the Russian government on the project of the gas hub in Turkey in a month - in early February at the latest, the Russian media reported. Earlier, Russia's Deputy Prime Minister Alexander …

What oil market anticipating in 2024?

What oil market anticipating in 2024?

Russian Deputy Prime Minister Alexander Novak expects the Brent oil price at $80-$85 per barrel next year, broadly in line with current levels.. He told Rossiya-24 state TV that Russia expects that the export of oil and petroleum …