Russian gas and oil

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Putin discusses gas supplies with Italian Prime Minister

Putin discusses gas supplies with Italian Prime Minister

On Tuesday, May 26, Russian President Vladimir Putin and Italian Prime Minister Mario Draghi held a telephone conversation. This is stated in a message posted on the Kremlin website. The main topics of the talks were energy security …

Vučić intends to discuss gas contract with Putin

Vučić intends to discuss gas contract with Putin

Serbian President Aleksandar Vucic expects to discuss a new gas contract with Russian President Vladimir Putin in the coming days. "I think I will <…> but we are waiting for the solution of the gas issue in any …

Greece&#039;s DEPA concludes payment to Gazprom for gas supplies

Greece's DEPA concludes payment to Gazprom for gas supplies

DEPA Commercial, Greece’s biggest gas importer, has paid Russian gas producer Gazprom in euros for April natural gas supplies, the semi-state Athens News Agency reported on Monday. State-controlled DEPA Commercial has a gas supply …

Poland breaks 1993 agreement with Russia on gas supplies

Poland breaks 1993 agreement with Russia on gas supplies

Poland’s authorities have decided to break an intergovernmental agreement with Russia on gas supplies to the republic signed in 1993, Polish Government Plenipotentiary for Strategic Energy Infrastructure Piotr Naimski said in an interview …

Germany and Italy agree to pay for gas in rubles

Germany and Italy agree to pay for gas in rubles

The authorities of Germany and Italy allowed their companies to open accounts in rubles in order to continue paying for Russian gas without violating sanctions against the Russian Federation, Reuters reports, citing sources. According …

Gazprom Export to stop gas supplies to Finland from tomorrow

Gazprom Export to stop gas supplies to Finland from tomorrow

Russia's Gazprom Export will suspend gas supplies to the Finnish company Gasum tomorrow. This was reported in the company's press service. The report clarifies that the reason for the supplies termination is the lack of …

Gas supplies from Russia to Finland to be cut starting May 21

Gas supplies from Russia to Finland to be cut starting May 21

Finland's Gasum has informed that imports of natural gas from Russia will be cut on Saturday, May 21, at 7:00 am local time (coincides with Moscow time), according to a respective statement published on the Finnish state-owned gas …

Russia’s gas revenue may top $100 bln - report

Russia’s gas revenue may top $100 bln - report

Russia may receive a record $100 billion for gas supplies to Europe this year against the backdrop of surging prices for the blue fuel, claims a columnist for the French newspaper Les Echos, citing data from Citi analysts. …

EU to map out escape route from Russian fossil fuels

EU to map out escape route from Russian fossil fuels

The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot away from Moscow to quicken its shift to green energy. To wean countries off …

Italy’s Eni ready to pay for Russian gas in rubles - report

Italy’s Eni ready to pay for Russian gas in rubles - report

Italian energy giant Eni SpA is poised to comply with Russian demands and open a bank account in rubles, after the European Union softened its stance in a standoff with the Kremlin over crucial gas supplies. According to people familiar …

EU reaching its limits with anti-Russia sanctions

EU reaching its limits with anti-Russia sanctions

The European Union is reaching its limits with sanctions against Russia, an EU diplomat told EURACTIV after the end of the EU foreign ministers meeting on Monday. “If there was such a mess with Russia’s oil, …

Russian gas transit via Ukraine drops to 46.8 mln cubic meters

Russian gas transit via Ukraine drops to 46.8 mln cubic meters

 The Gas Transmission System Operator of Ukraine (GTSOU) accepted transit booking totaling 46.8 million cubic meters of gas from Gazprom on Monday, the minimum bid since January of the current year. Capacity was claimed for only …

EU develops plan to buy Russian gas bypassing sanctions

EU develops plan to buy Russian gas bypassing sanctions

The European Union has developed a plan to buy Russian gas without violating sanctions. This is reported by Bloomberg, citing sources. According to it, the EU plans to offer gas importers a solution that will allow them to bypass …

Austria tells Gazprom &#039;use it or lose it&#039; on gas storage

Austria tells Gazprom 'use it or lose it' on gas storage

Austrian Chancellor Karl Nehammer said in a newspaper interview that Russia’s Gazprom had to fill its gas storage capacity at the Haidach plant or make way for others to use it. “We are also looking clearly and decisively at …

Russia to shut Finland off from gas on Friday?

Russia to shut Finland off from gas on Friday?

On Friday, May 13, Russia may stop gas supplies to Finland, the newspaper Iltalehti reports. "Russia may cut off gas supplies on Friday. Key politicians have been warned of Russia's retaliatory actions in connection with …