There was a stronger showing of the heads of international oil and gas companies at this year’s St. Petersburg Economic Forum, but deals remained relatively light.…
In a 7-2 victory over the U.S., Russia took the bronze medal in the world ice hockey championships on May 22. The victory over the team from the United States marked the third time in four years the U.S. has …
Bank of China has agreed to loan Russian state-owned gas giant Gazprom (ticker: OGZPY) €2 billion ($2.17 billion). In the company’s press release, Gazprom said the loan was the largest deal in terms …
Russia’s state-controlled gas giant Gazprom (ticker: OGZPY, Gazprom.com) has no plans to start a price war with the U.S. over natural gas in Europe, …
Russia’s state owned gas giant Gazprom (ticker: OGZPY, Gazprom.com) is hoping to increase its share of the European market to 33% this year, 2% more than …
Five years ago, U.S. oil major ConocoPhillips (ticker: COP) sold its single largest asset in Russia, a stake in Lukoil (ticker: LKOH), for $9.5 billion.
Last week COP announced that it has sold …
During his time in office, both as the Russian president and prime minister, President Vladimir Putin has held a conference every year. The conference is held with members of the press, both …
Cheniere will not replace Russia as the dominate source of gas in Europe, according to Cheniere (ticker: LNG) CEO Charif Souki. Cheniere, which is headquartered in Houston, is expected to start …
Around the world, in places where oil and gas is a dominant resource, …
After months of negotiation mediated by the European Union, Russia and Ukraine have come to an agreement on the price for gas from Russian monopoly Gazprom (ticker: OGZPY) for the coming …
Since the implementation of U.S. sanctions against Russia for its actions in Crimea, one of the major challenges facing the Russian oil and gas industry is gaining access to …
Russian gas giant Gazprom (ticker: OGZPY) may not have the financial strength to follow through on the construction of its Nord Stream 2 project, according to …
Russia’s state-owned gas giant Gazprom (ticker: OGZPY) announced that it will hold a natural gas auction in Europe as the company explores new ways to expand its market …
Ukrainian Prime Minister Arseniy Yatsenyuk said last Friday that Ukraine and Russia should implement a similar deal to the one reached last winter for the coming months, reports the Associated Press…
While the United States became the world’s largest producer of hydrocarbons in 2014, Russia remained the largest producer of crude oil and lease condensate, according to the U.S. Energy Information Administration (EIA). …
Alexander Novak, the Energy Minister of the Russian Federation, came out in favor of continuing Gazprom’s monopoly of exporting pipeline natural gas on July 28, reports Russian news agency Tass. “We are …
Gazprom (ticker: OGZPY), Russia’s state-owned gas giant, is seeing rapidly declining production as demand for its gas falls both at home and abroad. The company’s …
An official release from Turkmenistan’s state-run Turkmengas claimed that Russia’s gas giant Gazprom (ticker: OGZPY) had “become an insolvent partner … due to the continued global …
Russian state-owned energy giant Gazprom (ticker: OGZPY) announced that it is halting gas flows to Ukraine amid a pricing dispute. Gazprom CEO Alexi Miller said Gazprom has not …
Attendance at this year’s St. Petersburg International Economic Forum (SPIEF) is up from a year ago when many Western companies decided to decline invitations in the wake of Russia’s involvement in Ukraine. This year, many American companies have decided to …
Many have called for the end of the crude oil export ban from the United States, saying the legislation is a relic of a global energy picture …
The European Commission (EC), the executive branch of the European Union, charged Russian energy giant Gazprom (ticker: OGZPY) with abusing its dominance in natural gas markets in Europe. The EC claims that …
Gazprom Neft (ticker: GZPFY), the oil arm of Russia’s state-owned Gazprom (ticker: OGZPY), announced today that it has received the first shipment of Kirkuk grade oil from the Iraqi government. The crude …
For the first time in a decade Russia’s credit rating was downgraded to junk by Standard & Poor’s rating agency last …
Ни пуха ни пера (pronounced: Ni púxa ni perá) is traditionally said to wish someone luck in Russian. Literally, the phrase translates to “no fluff no feathers” and is used the same way people say “break …
Russia’s state-owned Gazprom (ticker: OGZPY) announced its investment program and budget for 2015, cutting its capital budget substantially from 2014.
With Russia reporting its first economic contraction today, …
2+ TCF of gas to be supplied to China per year for 30 years
With economic sanctions taking an ever greater toll on the Russian economy, it appears Russia is increasingly turning its focus towards strengthening its trade ties with …
This week marked the latest step in returning energy relationships to normal between Russia and Ukraine. On Tuesday, Ukraine’s Naftogaz made its first debt payment of $1.45 billion to Russia’s state owned Gazprom (ticker: OGZD) for natural gas supplied to …
Moscow insists on payment up front
Late last week, the EU, Russia and Ukraine struck a long awaited deal to supply Russian gas to Ukraine and Europe this winter.
“EU officials said both Russia and Ukraine had bargained hard for …
