EC recommends Kiev to return to direct gas purchases from Russia
The European Commission (EC) has recommended direct purchases of the Russian gas totaling around 15 bln cubic meters per year to Ukraine to reduce expensive reverse supplies, a source in the …
Ukraine’s Naftogaz to seek $11.8 bln in compensation if Russian gas transit halted
The executive director of Ukraine’s national oil and gas company Naftogaz, Yuri Vitrenko, said Kiev would seek $11.8 billion in compensation from Russia’s Gazprom in an arbitration court …
What awaits the Ukrainian nuclear power industry?
"In the future, Ukraine will have no nuclear power industry, because it can neither build nor maintain nuclear power plants. As soon as the existing stations exhaust their resources, the country's …
Putin supports continuing cooperation with OPEC on stabilizing oil market
Russia will continue working together with OPEC to stabilize the oil market not only through output regulation but also in other spheres as well, Russian President Vladimir Putin told reporters after …
Gazprom ready to introduce three export gas pipelines
Russia's Gazprom is successfully closing the year 2019 with three landmark breakthroughs.
First of all, October 30 saw a package of documents to finalize the Nord Stream 2 project completed: a …
Naftogaz demands $12.3bln from Gazprom in new claims
Ukraine’s Naftogaz filed a request with the Stockholm arbitration court last week within its lawsuit against Gazprom that the Russian gas company should be ordered to pay a total of $12.248 …
Denmark grants permit for construction of Nord Stream 2 pipeline in its waters
The Danish Energy Agency has granted a permit to Nord Stream 2 AG to construct a section of the Nord Stream 2 natural gas pipeline southeast of the island of Bornholm in the Baltic Sea, the agency …
Ukraine importing 170 MW of Russian electricity, with 2% duty
Electricity supplies from Russia to Ukraine amount to 170 MW and are subject to the 2% duty, presidential envoy to the Ukrainian Cabinet of Ministers Andrei Gerus said on Tuesday.
"Total imports …
Tatneft to consider participation in Arctic projects, but not at current prices
Projects on the Arctic shelf at current oil prices are inferior in their attractiveness to the traditional production regions of Russia, head of Tatneft Nail Maganov said in an interview with …
Russia, Saudi Arabia hope to keep oil prices at reasonable level
Russia and Saudi Arabia are interested in ensuring that the price of oil does not exceed a reasonable level, Russian presidential spokesman Dmitry Peskov said in an interview with Rossiya 24 TV …