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Articles with tag "Gas"
Iranian President Locks In Gas Pipeline Deal with Russia
Pezeshkian said the gas deal would help Iran become a “regional gas hub,” serving both nations’ interests and promoting sustainable development and...
Gazprom Postpones Arctic Gas Exploration Projects After Record Loss
The move comes amid record losses, Western sanctions in response to the invasion of Ukraine and China's refusal to sign a new contract for Russian gas...
2 Min read
Ukraine Rejects as ‘Nonsense’ Alleged Role in Nord Stream Blasts
The Wall Street Journal reported that Ukraine's then-top military commander, Valery Zaluzhny, oversaw the plan to blow up the pipelines in September 2022...
2 Min read
Gas Prices Surge as Ukraine Seizes Key Russian Route to Europe
Gazprom spokesman Sergei Kupriyanov cautioned that some analysts anticipate European gas prices could continue to rise.
2 Min read
Is the Western Quest to Strangle Russia’s ‘Shadow Fleet’ Doomed to Fail?
Over two years into the invasion of Ukraine, sanctioning Russia's energy sector — the Kremlin's main cash cow — remains an elusive task for the Western...
5 Min read
Bulgaria Takes Gazprom to Court Over Halted Supplies
Bulgaria was one of the first EU countries to see its gas supplies halted after refusing to pay in rubles as demanded by Moscow in response to Western...
2 Min read
Gazprom’s June Exports to Europe Jump From 2023 – Reuters
Gazprom’s EU exports averaged 81.8 million cubic meters per day in June, up from 66.8 million cubic meters per day in June 2023, according to Reuters’...
1 Min read
Russian Oil and Gas Revenues Surge in June – Reuters
The estimated 812 billion rubles in revenues would mark a more than 50% year-on-year increase — up from 529 billion rubles in June 2023.
1 Min read
As Power of Siberia 2 Pipeline Stagnates, So Do Russia's Hopes for Pivoting Gas Exports Eastward
Are there any other options left for Gazprom to boost its foreign sales after its main export direction — to Europe — has nearly been severed?
5 Min read
Germany's Uniper Awarded 13 Bln Euros for Lost Russian Gas
Gazprom steadily dwindled gas supplies to Germany following the full-scale invasion of Ukraine in apparent retaliation for Western sanctions.
2 Min read
Russia Seizes Deutsche Bank, UniCredit Assets
The banks had been guarantors of a major gas processing and liquefaction plant in cooperation with Germany's Linde, which quit the project due to the war...
1 Min read
Fire at Russia Gas Terminal Caused by 'External Factor' – Novatek
The operator said there were no victims and the fire was "currently localized," at the site 110 kilometers (70 miles) west of St Petersburg near the Estonian...
2 Min read
Russia's Gazprom Plans Investment Cut as Exports Drop
Gazprom's investment program for next year, spent on energy projects and infrastructure, will drop about 20% year-on-year to 1.57 trillion rubles ($17...
1 Min read
Putin Arrives in Beijing Seeking Diplomatic, Economic Support from ‘Dear Friend’ Xi
The Kremlin hopes to secure commodity contracts, agreements to share cutting-edge technologies and a declaration of Beijing’s backing of Moscow.
4 Min read
Putin Launches Russian Gas Shipments to Uzbekistan
Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia's industry hit by a flurry of Western...
1 Min read
Turkey Casts Doubt on Need for New Russian Gas Hub
Putin first raised the idea of creating "a gas hub in Turkey for supplies to other countries" during talks with Erdogan in Kazakhstan last October.
2 Min read
Russia to Finalize Route for Gas Pipeline to China
Moscow plans to start building the pipeline next year, but the schedule for its completion remains unclear.
1 Min read
Russia To Suspend LPG Exports From Southern Port Over Drone Attacks
"Taman is suspending LPG transshipment as it is dangerous after all those attacks — the gases are most explosive," a source told Reuters.
1 Min read
Russian Energy Giant Gazprom Posts Big Drop in Profit
The company reported a profit of 1.2 trillion rubles ($15 billion) for 2022, down 41% from the previous year.
2 Min read
Russian Gas Production Down 10% in 2023
Rerouted supplies to China have so far proved unable to compete with pre-war exports to the European Union.
1 Min read
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