Government and society: page 4

Minsk. An international conference will be held in Minsk on 8-10 April to discuss oil and gas markets of Central and Eastern Europe. The main sources and alternative ways to procure raw materials for Belarusian oil refineries will be the main topic during the conference, the organizers told ...

Baku. Bulgaria-Romania-Hungary-Austria (BRUA) pipeline is an essential link for Azerbaijani gas supply to Europe, Secretary of State with Romanian Ministry of Energy Iulian-Robert Tudorache said in an exclusive interview with Trend. He pointed out that along with the Interconnector between ...

Astana. Uzbekistan is ready to buy up to 2mn tonnes of Kazakh oil every year, according to Minister of Energy Kanat Bozumbayev. "Kazakhstan supplied more than 260, 000 tonnes of oil to Uzbekistan in 2018, " said Bozumbayev while presenting the draft law "On ratification of the ...

Washington. Austria to continue developing the Nord Stream 2 gas pipeline project and will buy gas from Russia because it is cheaper than American gas, Austrian Chancellor Sebastian Kurz told after talks with US President Donald Trump in Washington. Kurz noted that at the meeting, Trump ...

Moscow. A train derailment has resulted in a crude oil spill in the central Canadian province of Manitoba, the Winnipeg Free Press reported. According to the Winnipeg Free Press newspaper, 37 crude oil cars derailed at 3:30 a. m. local time on Saturday (09:30 GMT) near the town of St. ...

Nairobi. Kenya summoned its ambassador to Somalia after the Horn of Africa neighbor decided to auction offshore oil and gas blocks the nation considers to be in its territory. The East African nations have been embroiled in a maritime dispute, which Somalia in 2015 presented to the ...

Baku. The main equipment for the project to expand the production capacity of the Tengiz oil and gas field in Kazakhstan is being manufactured in Kazakhstan, South Korea and Italy, Trend reports via Kazakh media. "After pre-assembly of the equipment into modules, they will be sent to ...

Moscow. Russia will remain the world's largest exporter of energy resources by 2040, satisfying 5 percent of global demand, and will also retain its position as one of the largest producers of fossil fuels, UK petroleum giant BP said in its annual report out. "Russia remains the ...

Sochi. Russia’s Energy Minister Alexander Novak believes that it is too early to estimate the potential impact of the new EU Gas Directive on implementation of the Nord Stream 2 natural gas pipeline construction project. "First it is necessary to study the document and then ...

New Delhi. Nayara Energy Limited (49. 13% is owned by Rosneft Oil Company) has expanded its retail network almost by 20% to 5, 000 fuel-filling stations over the past year. Nayara Energy has achieved significant increase in its share in the growing Indian market. For four years the number of ...

Sochi. Chukotka at the Russian Investment Forum in Sochi plans to present a project to develop two oil and gas fields - Zapadno-Ozerskoye and Verkhne-Telekaiskoye, the regional government’s press service. "The forum will offer a separate case-area for presentations of regional ...

Innopolis. In February, Russia plans to cut oil output by 90, 000-100, 000 barrels per day compared to October 2018, Russian Energy Minister Alexander Novak told reporters on Tuesday. OPEC+ countries took the level of production in October 2018 as the benchmark for their oil production cut ...

New York. Philadelphia Energy Solutions Inc, owner of the largest and oldest refinery on the U. S. East Coast, is facing another financial crisis just months after emerging from a controversial bankruptcy, according to two sources and a Reuters review of court filings. PES, which exited ...

Moscow. Russia’s Federation Council (upper house of parliament) adopted a decree at a plenary session on Wednesday requesting the government to provide extra measures to keep fuel prices within inflation, TASS correspondent reports. "To provide additional measures to keep the fuel ...

Moscow. The report that Venezuela’s state oil company PDVSA has opened its new accounts in Russia’s Gazprombank has nothing to do with reality, a spokesman for the credit organization told. "The report by Reuters agency does not correspond with reality. As one of the ...

New Delhi. A final investment decision, commonly called FID, for a massive offshore natural gas block in Mozambique is expected to be ready by March or April, the chairman of Mozambique’s national oil company ENH said in New Delhi. This is the first time any of the seven partners in ...

Minsk. Speaking to the media on 7 February, Belarus' Deputy Prime Minister Igor Lyashenko told reporters about some headway in oil talks with Moscow at the level of vice-premiers, BelTA has learned. “There is some progress, through not of the kind that we expected, ” Igor ...

Washington. A U. S. House of Representatives committee approved a bill that would open up the Organization of the Petroleum Exporting Countries to antitrust lawsuits, but it was uncertain if the measure would be considered by the full chamber. The House Judiciary Committee passed the ...