All news: page 7

Tokyo. Oil prices climbed around 2% on Friday after the U. S. Navy destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows, again raising tensions in the Middle East. Brent crude LCOc1 futures were up $1. 28 cents, or 2. 1%, at $63. 21 by 0329 GMT. ...

Moscow. Attempts to make European consumers buy American liquefied natural gas (LNG) run counter to the principles of market economy and democracy, Russian Foreign Minister Sergey Lavrov said in an interview with Germany’s Rheinische Post newspaper. "We believe that it is ...

Moscow. The Russian Ecological Society has thanked PJSC Tatneft for active involvement in the implementation of environmental policy within the territory of the Republic of Tatarstan. The award ceremony has been held at the Chamber of Commerce and Industry of the Republic of Tatarstan ...

Baku. The Trans Adriatic Pipeline (TAP) is one of the most ambitious projects in the oil and gas industry as it will transport natural gas from Azerbaijan’s giant Shah Deniz 2 in the Caspian Sea to Europe, Luca Schieppati, TAP Managing Director, said, Trend reports citing Independent ...

Moscow. He will also continue to work as Deputy Director General of Gazprom Invest. Alexey Davydov, who had headed Gazprom Geologorazvedka since 2012, has been relieved of his post, informs Information Directorate, Gazprom. Vyacheslav Plotnikov, First Deputy Director ...

Tokyo. Oil prices steadied on Thursday after falling in the previous session when official data showed U. S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season. Brent crude LCOc1 futures were up 13 cents, or 0. 2%, at $63. 80 ...

Nur-Sultan. In January-June 2019, gasoline production in Kazakhstan increased by 12. 8% year on year to reach 1, 975. 9 thousand tons, Kazinform correspondent cites the Statistics Committee of the Kazakh Ministry of National Economy. The output figures for the period under ...

Moscow. PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, successfully completed a horizontal well number “U2802” targeting the lower Achimov formation at the Urengoyskoye field. ...

Baku. Eleven EU member states are able to receive liquefied natural gas (LNG) through terminals, Maros Sefcovic, the European Commission’s vice president for Energy Union said in an interview with ICIS, Trend reports. Sefcovic acknowledged that collateral factors, such as the ...

Moscow. The Board of Directors of PJSC LUKOIL held a meeting in Moscow today. The following quantitative and personal composition of the Management Committee was approved: Vagit ...

Tokyo. Oil prices rose on Wednesday after steep falls in the previous session, although U. S. crude trailed gains for international benchmark Brent after U. S. crude inventories fell less than expected. West Texas Intermediate crude futures were up 6 cents at $57. 68 by 0327 GMT, having ...

Moscow. Russia's Sberbank appealed to law enforcement agencies on suspicion of unlawful activities of the former main shareholder of Antipinsky Oil Refinery Dmitry Mazurov and the former head of the oil refinery Gennady Lisovichenko, Sberbank which is the main shareholder of the oil refinery ...

Moscow. Russia has finished laying nearly two thirds of the Nord Stream 2 natural gas pipeline along the bottom of the Baltic Sea, the deputy chairman of Gazprom’s management committee has announced. “The completion of the sea part [of Nord Stream 2] is around 60 percent, ” ...

Istanbul. European Union decisions to curb contacts and funding for Turkey over its drilling for gas and oil off Cyprus will not affect its determination to continue energy activities in the region, the Turkish foreign ministry said on Tuesday. The ministry said the EU’s failure to ...

Berlin. Oil and gas companies that supply Europe’s biggest energy market fuels for cars, trucks and heating may be soon be required to pay for carbon pollution allowances if a panel advising the government gets its way. Chancellor Angela Merkel this month started talks on how to force ...

Moscow. The sea part of the Nord Stream 2 pipeline is ready by almost 60%, Oleg Aksyutin, Deputy CEO of the Russian gas holding said in an interview with the Rossiya 24 TV channel on Monday. "The readiness of the sea part is about 60%, " he said. "All the works on ...

Tokyo. Oil prices fell for a second day on Tuesday as more production facilities returned to operation in the U. S. Gulf after Hurricane Barry swept through over the weekend, while Chinese economic data dimmed the outlook for crude demand. Brent crude futures LCOc1 were down 10 cents, or ...

Basra. Iraq’s oil exports from its southern ports have reached 3. 42 million barrels per day (bpd) so far in July, two oil officials told Reuters on Monday. Exports from its southern Basra terminals fell to 3. 39 million bpd in June from 3. 441 million bpd in the previous month. ...