Economy 

Gazprom ready to complete Nord Stream 2 construction

The situation with record low gas prices in Europe, the elapsed autumn and winter period, as well as the global energy niche oversupply combined with the so far unbridled coronavirus pandemic – …

	Oil prices collapse entails OPEC restructuring
	Will the American shale industry survive?
	Gazprom starts commercial pipeline gas delivery to China

• 23.06.2020 11:03

  ICE London Brent oil up above $ 43/barrel

  The cost of futures for Brent crude oil for delivery in August 2020 on the ICE exchange in London increased by 2.2% to the closing level of the previous session and reached $ 43.1 per barrel, …

• 16.06.2020 10:47

  OPEC+ monitoring committee may discuss August output quota, though key is compliance

  The OPEC+ ministerial monitoring committee, which will gather on June 18, may discuss the issue of extension of the May quota for another month, though the main agenda only includes the issue of …

• 15.06.2020 10:09

  Gazprom Neft head calls OPEC + month extension logical

  The extension of the OPEC + transaction is logical, since the balance of supply and demand in the oil market has not yet been reached, said the head of Gazprom Neft Alexander Dyukov in an interview …

• 08.06.2020 10:31

  Brent crude jumps over $43 per barrel for first time since March

  The price for Brent crude futures for August 2020 supply at London’s ICE exchange has risen by 1.7% to reach $43.02 be the end of the session, the trading data at 01:58 Moscow time shows. The …

• 05.06.2020 10:21

  Nord Stream 2 analyzes possible consequences of expanding US sanctions

  The operator of the Nord Stream 2 gas pipeline is analyzing the possible consequences for the project if the bill that expands sanctions on the pipeline comes into force. Neglecting interests of …

• 05.06.2020 10:08

  OPEC and non-OPEC meetings will be held on one day

  Both ministerial meetings of OPEC countries and non-OPEC states will be held on Saturday, June 6, on one day, not on two as usually, a source participating in the talks told TASS. "We have started …

• 28.05.2020 12:03

  Gascade starts reverse supplies over Yamal-Europe gas line again

  Gas supplies over the Yamal-Europe gas pipeline are implemented again in the reverse direction from Germany to Poland since 07.00 am European time, according to data of the German gas transmission …

• 27.05.2020 13:12

  Global oil consumption to fall by $1 trillion in 2020 due to pandemic

  Consumers’ oil expenses will drop by $1 trillion in 2020 to $2.5 trillion as a result of the pandemic-related quarantine measures globally, the International Energy Agency (IEA) wrote in its report …

• 26.05.2020 10:04

  Oil demand recovered by 20% in May against April

  Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said on Monday, cited by the Ministry. "Despite the grave situation, …

• 25.05.2020 16:35

  Putin, Iraqi PM discuss Syria, oil market stabilization

  Russian President Vladimir Putin had a phone conversation with Iraqi Prime Minister Mustafa al-Kadhimi to discuss interaction to stabilize global hydrocarbon market, the Kremlin press service reported …