Support The Moscow Times!

Contribute today

Russia's Transneft Says Oil Supplies Reduced to Europe After Accident

By The Moscow Times

April 27, 2015

Russian state-owned oil pipeline monopoly Transneft was quoted on Monday as saying deliveries of Russian oil to Europe via the Druzhba pipeline had been reduced because of an accident in neighboring Belarus.

RIA news agencies quoted the company as saying that supplies could be restored later on Monday but that it may fail to meet its supply plan for April. It said the company would in May compensate for any losses.

Russia's Only Offshore Arctic Oil Field to Double Output This Year

Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, plans to more than double oil output this year at the Prirazlomnoye field,...

France's Total Could Sell Stake in Russia's Kharyaga Oil Project — Report

French oil and gas major Total is in talks to sell its 40 percent stake in Russia's Kharyaga oil project to Russian state firm Zarubezhneft, Vedomosti...

Russian Oil Giant Rosneft Demands Immediate Government Aid – Report

Sanctioned Russian oil giant Rosneft has asked the government to grant it emergency state funding by June 1 or face a huge shortfall in tax revenues over...

on the run, on the job

Fugitive Russian Lawmaker Retains Position in Parliament 1 Year After Bribery Conviction – Report

In August 2022, deputy Vadim Belousov was found guilty of accepting a bribe of 3.2 billion rubles — described as the largest in modern Russia’s history...